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

Marvel's New Hero Wants To Save The World — And The Citrus Industry

Captain Citrus was sponsored by Florida's orange growers, whose profits are being hurt by disease and declining consumer demand for orange juice. They hope the comic character will boost sales.
NPR

Syrup Induces Pumpkin-Spiced Fever Dreams

Hugh Merwin, an editor at Grub Street, bought a 63-ounce jug of pumpkin spice syrup and put it in just about everything he ate for four days. As he tells NPR's Scott Simon, it did not go well.
NPR

Texas Gubernatorial Candidates Go To The Border To Court Voters

Republicans have won every statewide office in Texas for 20 years, but the growing Hispanic population tends to vote Democrat, and the GOP's survival may depend on recruiting Hispanic supporters.
NPR

Drivers, Passengers Say Uber App Doesn't Always Yield Best Routes

People love Uber, but they often complain the Uber app's built-in navigation doesn't give its drivers the best directions. The company says the app helps drivers and passengers travel efficiently.

Leave a Comment

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