Apr
07
Multiple Organizations Pledge $69M in Local Investments for Charm City
ByPut together, the BLocal companies expect to invest at least $53 million in renovation and construction projects during the next three years.
Calvin Butler Jr., CEO of BGE and co-chair of BLocal
Baltimore—A group of Baltimore-area businesses recently unveiled BLocal, an initiative for broad economic inclusion in Charm City looking to invest a collectively pledged $69 million in programs to build, hire and buy locally. The launching event took place on April 4.
The BLocal plan specifically includes the hiring of residents from the most distressed neighborhoods and communities and the spending of more funds on design and construction contracts with local businesses. Not much has been disclosed yet regarding specific projects, as most participating entities are still determining how much and in what areas they plan on investing…
Multiple Organizations Pledge $69M in Local Investments for Charm City
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