Sagamore Development had ambitious plans when it asked Baltimore for a massive tax incentive in 2016.
A grouped column chart showing the projected scale of development in Port Covington from a 2016 tax incentive application versus the amount of development realized as of 2025.
Three metrics are shown: the count of residential units, as well as retail and office space (measured in square feet). Projections for each figure in 2041 and 2025 are compared with the reality as of 2025.
In each of the metrics the actual 2025 figures are much lower than projections for the same year. In the case of retail space, less than a sixth of the projected space has been created.