Former McCormick Spice Factory Site Goes To Auction | WAMU 88.5 - American University Radio

WAMU 88.5 : News

Filed Under:

Former McCormick Spice Factory Site Goes To Auction

Play associated audio
This two-acre parking lot is the last major parcel of land yet to be developed along Baltimore’s Inner Harbor.
Cathy Duchamp
This two-acre parking lot is the last major parcel of land yet to be developed along Baltimore’s Inner Harbor.

A prime piece of real estate on Baltimore's Inner Harbor will be sold at auction Tuesday. The sale is renewing hopes of a downtown real estate revival.

Today it's a two-acre parking lot. But longtime Baltimore residents know it as the McCormick spice factory site, where the smell of cinnamon and tea hung in the air. With Tuesday's auction, there's anticipation for a sweet future.

"I think it's one of the best locations on the East Coast. With the harbor across the street and 50 minutes from Washington, D.C., you'd be hard pressed to find a better site than this," says Kirby Fowler, president of the Downtown Partnership of Baltimore.

This is a foreclosure auction. The Philadelphia firm that owned the property couldn't afford it. Fowler believes there are developers that have the money to build new projects downtown.

"I'm starting to see a thaw. After two years of inactivity we're starting to receive phone calls from developers again and prospective property owners, so I feel like 2011 is going to be a lot better than the last two years," Fowler says.

Though there's agreement among analysts that job growth is key to a significant real estate rebound.

NPR

Not My Job: Skier Mikaela Shiffrin Gets Quizzed On Downhill Cheese Races

If you think downhill ski racing is dangerous, then you've never seen the Gloucestershire Cheese Rolling Races, in which competitors hurl their bodies down a steep hill, chasing a wheel of cheese.
NPR

Spread Of Palm Oil Production Into Africa Threatens Great Apes

Palm oil growers are setting their sights on Africa as they amp up production. More than half of the land that's been set aside for plantations in Africa overlaps with ape habitats, researchers say.
WAMU 88.5

Democrats Push To Overturn Hobby Lobby Ruling

Virginia's Tim Kaine and other Democrats are trying to overturn the ruling with legislation they say will protect female workers.
NPR

Friday Feline Fun: A Ranking Of The Most Famous Internet Cats

Forget the Forbes Celebrity 100. This is the Friskies 50 — the new definitive guide of the most influential cats on the Internet. The list is based on a measure of the cats' social media reach.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.