On January 5, Gov. Larry Hogan announced an almost $700 million plan to demolish thousands of vacant buildings in Baltimore’s poorest neighborhoods and replace them with new developments. Gov. Hogan and Mayor Stephanie Rawlings-Blake are working together on the redevelopment plan – Project C.O.R.E.(Creating Opportunities for Renewal and Enterprise) – pledging $94 million over a four year period to demolish 4,000 vacant properties throughout Baltimore.
An additional $600 million in subsidies was pledged to encourage redevelopment. The Maryland Stadium Authority will be overseeing the demolitions. Many of those in the area are rejoicing at the news, excited that Baltimore – the “core” of Maryland according to Hogan – is finally addressing issues that have been overlooked for far too long.