The Baltimore Ravens have leased space for a new "preview center" where fans can get a feel for the new high-end suites that are coming to M&T Bank Stadium via an extensive, state-funded renovation of the venue.
According to The Baltimore Banner, the lease is one of several new transactions made public Thursday in Baltimore Peninsula, the 235-acre redevelopment project spearheaded by Under Armour founder Kevin Plank in the Port Covington neighborhood. The 15 latest lease agreements will fill more than 65,000 square feet of retail and office space at the site, according to a news release.
“Our progress this quarter reflects the power and importance of place when companies and businesses grow,” said MAG Partners CEO and founder MaryAnne Gilmartin, the lead developer. The newly announced addition of Pinky Cole’s Slutty Vegan and Bar Vegan to the site has helped build momentum, she said.
Gilmartin said the new leases reflect the project's "proof of concept."
“You’ve got food, ice cream, spirits, sports. I just love the diversity and the sense that this project has something for everyone,” she said.
The Ravens’ space will total 2,715 square feet, according to the release. “The combination of modern, Class-A office space and an increasingly exciting neighborhood is a win-win for our entire off-the-field team,” the franchise’s chief sales officer, Kevin Rochlitz, said in a statement. The stadium renovation, which will be done in phases from 2024 to 2026, will include a tailgate and concert venue, field-level seating and infrastructure investments.
