The GBUL Economic Development Team has been selected by the East Baltimore Development Incorporated as the local organization to monitor the minority inclusion initiative associated with the redevelopment of East Baltimore.
This project, that is being spearheaded by the East Baltimore Development Inc. and the City of Baltimore, includes an 80 acre redevelopment initiative that is budgeted for $800 million dollars. This monumental development plan also includes a 20 acre Life Sciences Park near the Johns Hopkins Medical Campus with 2 million square feet of biotech space. New business development, new housing and an increase in services are also planned for this site. The redevelopment effort hopes to produce 6,000 new jobs and includes 1,200 new or renovated homes for mixed income use. Also planned are multiple beautification and quality of life projects that incorporate landscaping, streetscaping, schools and transportation.
The GBUL is committed to working with the East Baltimore Development Inc. to ensure that there is equitable opportunity for minority and women business participation in this multi-year project. A variety of firms will be needed in the procurement of goods and services in order for this project to be successfully completed on schedule. Consequently, the GBUL has been selected to be the impartial third party to track the usage of minority firms in all phases of the project.
Upcoming Events for this project include pre-bid conferences and workshops on bonding and assurance, capacity building and state M/WBE certification. Project bid information can be found at www.ebdi.org. For more information about upcoming events, please email Stephen Rice at srice@bul.org or call 410-523-8150.
