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Tradepoint Atlantic hits a turning point, seeks government financing

SEPTEMBER 10, 2018 | by Pamela Wood | THE BALTIMORE SUN

“The investors and executives of Tradepoint Atlantic are looking for the government’s help in smoothing over the rough edges of the vast property to attract tenants and return jobs to Sparrows Point where tens of thousands of steelworkers once worked for Bethlehem Steel. … As soon as next month, the Baltimore County Council will consider a deal that would involve issuing government bonds to pay for the work, with a portion of Tradepoint’s future property tax payments set aside to pay back the debt — a complex and often controversial arrangement known as tax-increment financing.”

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