Anonymous wrote:
Anonymous wrote:One has to admire Kevin Plank's investment in redeveloping Baltimore, it is an admirable pursuit. For that reason alone, I do wish Under Armour much continued future success.
http://www.baltimoresun.com/news/opinion/editorial/bs-ed-sagamore-20160324-story.html
Not quite admirable. Big debate over the deal the city is giving him. He's making money hand over fist thanks to shifting some risk to the city and their investment. He's building his own little kingdom for UA and developing the peripheral area in order to control the enclave.
Admirable would be investing in revitalizing the city without gentrification and displacement. Admittedly, nobody will be displaced from the area he is developing since it's essentially a wasteland. But let's be clear: his new piece of the city will be his own personal Disneyland---a high cost white enclave.
He's an excellent businessman, but there's nothing admirable about his development project. It's just business.