Seawall closing in on financing for overhaul of Lexington Market

Financing for the roughly $40 million overhaul of Lexington Market is expected to close in the next few weeks, Seawall Development Principal Thibault Manekin told the board of Baltimore’s economic development agency on Thursday. Funding for the Lexington Market overhaul includes $30 million in New Market Tax Credits, Manekin said, and an $11 million loan. Securing financing for the project clears the way for construction to begin next year on a new building at the site that’s been used as a market since 1782. (Daily Record)

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