The Baltimore City Council gave its final approval Monday to a $660 million public financing package for Under Armour CEO Kevin Plank’s massive Port Covington project — a deal supporters say will bring thousands of jobs to Baltimore, but critics say is corporate welfare.
Young said the $5.5 billion project, which includes an expanded headquarters for Under Armour, shops, restaurants, housing, offices and manufacturing space, will spur economic growth in Baltimore.
The council voted 12-1 to approve the subsidy. Councilman Warren Branch voted against the deal; council members Mary Pat Clarke and Bill Henry abstained.
Mayor Stephanie Rawlings-Blake plans to sign the bill next week, according to her spokesman.
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