Port Covington has entered “leasing mode,” according to Maryanne Gilmartin, Founder and CEO of MAG Partners. Gilmartin described the status and potential of the mega project at NAIOP Maryland Summer in the City networking event, held at 2455 Banner Street in Port Covington. The New York-based company, together with San Francisco development firm MacFarlane Partners, recently assumed master planning and development activities from Weller Development.

The NAIOP-MD Developing Leaders group toured the 235-acre, mixed-use development prior to the networking program.

Peter Pinkard, MCB Real Estate; MaryAnne Gilmartin, MAG Partners, Kate Jordan, Lee & Associates | Maryland and Tim O’Ferrall, NAIOP Maryland.

“We’re obviously in leasing mode. We’re going to lease half a million square feet of commercial space and we’re going to invite people to come to live at Port Covington, to fill the half a million square feet of residential that we have to offer our community,” Gilmartin told the sold-out audience. “We have 100,000 square feet of retail and we’ve got lots of activity on all fronts, so that is what you can expect in the months to come.”

Port Covington has the power to make a positive impact on all of Baltimore, she said. “I believe that Baltimore can become a model for the great rebirth of the American city.”