Good Jobs First Subsidy News

The Baltimore City Council should ponder these questions regarding Port Covington

Tomorrow, the Baltimore City Council will hold its second hearing on the multi-billion-dollar taxpayer subsidy for Port Covington, the new "city within a city" proposed by Under Armour CEO Kevin Plank; interest in the first hearing last week was so strong, it had to be moved to a larger room to accommodate the roughly 500 people who showed up. The stakes could not be higher: As the costliest development proposal in our city's history, it will shape Baltimore for generations to come, both through the 45 new city blocks it would create and its effect on development in the 92 square miles we already have.

Despite subsidies, St. Louis retailing is a no-growth sector

By David Nicklaus, May 11, 2016

Area governments have provided more than $2 billion of subsidies to retail developers in the past couple of decades, but metropolitan St. Louis has the same number of people working in retailing as it did in 1990.