Hines Assumes Management of Baltimore Peninsula Development

December 23, 2025 - 10:45

Houston, Texas-based private real estate firm Hines has been appointed as the asset manager for the developed areas of the Baltimore Peninsula project. This significant move marks a new chapter for the ambitious waterfront development, which aims to transform the former industrial site into a vibrant community hub.

The Baltimore Peninsula project has been in the works for several years, with plans to integrate residential, commercial, and recreational spaces along the Patapsco River. Hines, known for its extensive portfolio and expertise in urban development, will oversee the management of existing facilities while potentially guiding future phases of the project.

The firm’s involvement is expected to enhance the overall vision for the site, focusing on sustainability and community engagement. As Baltimore continues to evolve, the partnership with Hines could play a crucial role in revitalizing the area, attracting residents and businesses alike, and contributing to the city's economic growth. The development promises to be a key player in shaping the future of Baltimore's waterfront.