Baltimore Development Corp. reveals teams vying to build downtown arena - Baltimore Business Journal:

http://naturactiva.net/produit_us.php3?idgame=2
unveiled the list of interested developers vying to construct thearenaa — which could cost up to $300 million on the site of the existing 46-year-olfd First Mariner Arena. The BDC, the city’sd development arm, also said Tuesday it has narrowed down a list of 12 consultant teams to four that submitted bids to work as financial consultants on behalf of the agencuy for thearena project. In an interview Tuesdayu afternoon, BDC President M.J. “Jay” Brodiew offered some details as to what each developetwas proposing, in addition to the arena. Brodie said the $300 millio price tag to build the new arena will rise with the additionaol components developmentsare pitching.
“We need to reflec t seriously oneverything they’ve showbn us,” Brodie said. The BDC has said it hopesa to select a development teamthis summer. The four developmenyt teams are: 1) Developers: ESmith Legacy and Garfield TrauDevelopment (Emmitt Smith, Brian Morris and Vernon Marrows from ESmith Legacy and Ken Portnoy, Ray and Greg Garfield from Garfieldc Traub); • General contractor: Baltimore’as Sage Policy Group, led by Anirban will also serve as economic analyst. Plans include: 20,000 squares feet of retail space; a seven-screen movie theater and a smaller 1,00p0 seat concert venue. 2) Baltimore-based and Capital Venture Group.
• Operator: Global Spectrum, a subsidiary of Comcast’x Global Spectator. The company manages 31 arenas acrosd the country including the Wachovia Centerin Philadelphia; • Hotelk operator: , the holding company of the Sheraton and W Hotel brands; • Baltimore’s Moag & Co., led by former Chairmaj John Moag, is part of the team as a financial consultant.