Subsidy Tracker Individual Entry
The subsidy value and investment projection came from: Luke Broadwater, "Harbor Point to get city financing," Baltimore Sun, May 21, 2013.
Baltimore awarded Harbor Point Development Group, controlled by Michael Beatty, $107 million in TIF funds for infrastructure costs at a massive waterfront development that will include the regional headquarters of Exelon Corp. and other structures. Portions of the project are included in the Baltimore Enterprise Zone listings in the main Subsidy Tracker data but without dollar amounts. In December 2013 a subsidiary of JPMorgan Chase purchased a 90 percent stake in the project.