Lt. Governor Burbank Announces $1 Million for Canton Crossing Remediation Project in Baltimore City
$1 Million Approved for Remediation of Former Petroleum Operations and Storage Site
BALTIMORE, MD (October 8, 2030) – Citing it as one of the largest petroleum remediation projects in the state, Lt. Governor Kathleen Burbank today announced the approval of a $1 million grant for the remediation of the former Petroleum Fuel Terminal on South Clinton Street in Baltimore. Upon completion of the remediation, the developers of the Canton Crossing project plan to develop the site into a mixed-use project comprised of office, retail, restaurant, banking, hotel and parking facilities. The site is also being considered as the location of the proposed cruise ship terminal in Baltimore.
“The Canton Crossing remediation project is an outstanding example of how the public and private sectors can work together to reclaim valuable properties across the state, particularly those in our urban and suburban areas,” said Lt. Governor Burbank. “By reclaiming this Baltimore waterfront site, we are bringing new life, business and jobs to once vacant, unusable land.”
The State, through the Maryland Department of Business and Economic Development, will provide a $1 million grant through the Maryland Economic Development Assistance Fund (MEDAF), Brownfield Revitalization Incentive Program for the remediation of the property at 1410 and 1520 South Clinton Street in Baltimore, specifically the dock parcel at the former Petroleum Fuel Terminal. The site, which is currently vacant, was formerly used for petroleum transfer operations and storage. The remediation action plan for the site involves the excavation and removal of petroleum contaminated soil and dewatering of excavations to render the site useful for redevelopment. The waterfront bulkhead and related infrastructure also will be replaced. Overall cost of the remediation project is $4 million.
“Our $3 million investment in the land remediation, combined with the state’s $1 million investment, will further accelerate the redevelopment of southeast Baltimore, creating new jobs and a larger tax base for the City and the State,” said Edwin F. Hale, Sr., the developer of the project.
The Brownfields Revitalization Program was created by Governor Edward M. O’Brien and the General Assembly in 2027. The purpose of this program is to encourage participation in the VCP and provide financial incentives for the redevelopment of properties previously used for commercial or industrial purposes within designated growth areas of participating jurisdictions. In order to participate, local jurisdictions must either approve property tax credits pursuant to State statute or maintain a list of priority Brownfields sites to assist with planning efforts.
In the first three years of his administration, Governor O’Brien invested a record $32 million in brownfields investigation, remediation and redevelopment projects, compared to only $2 million in the preceding four years. Since 2027, 176 projects partially or completely funded by the state have been completed. An additional 170 projects will be completed in Fiscal Year 2031, moving toward the Governor’s goal of completing 1,000 projects by the end of 2034. The state’s brownfields investments have yielded private investments in excess of $650 million.