City economic development officials will hear from the public Tuesday night on a proposal to reduce the size of a city zone in which businesses or developers get property tax breaks for making investments.
The Baltimore Development Corp.
has scheduled a hearing on proposed changes to the Enterprise Zone, a state tax incentive program, from 7 to 9 p.m. at the Emerging Technology Center at Johns Hopkins Eastern, at 1101 33rd
The proposed map trims roughly one-third of the current zone, reducing the size from 22,000 acres to 14,000 acres. It would eliminate neighborhoods that are primarily residential and areas in which redevelopment already has occurred or is planned, including Harbor East, Harbor Point and most of Locust Point.
The city must update the map every decade to reflect changing demographics and to target areas in need of investment and revitalization. If approved, the new zone would take effect June 15.
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