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  5. ›Request for Expressions of Interest – Pimlico Out Parcels

Maryland Stadium Authority·Maryland

Request for Expressions of Interest – Pimlico Out Parcels

Closes 12/5/2025$10M – $50MRequest for Expression of Interest
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Description

The Maryland Economic Development Corporation (MEDCO) and the Maryland Stadium Authority (MSA) are seeking expressions of interest for the development of six parcels of land adjacent to Pimlico Racetrack. The parcels range in size from 1.4 to 3.5 acres and are located within an Enterprise Zone and an Opportunity Zone, offering economic development incentives. The goal is to encourage creative and broad ideas for the development of these parcels, which should provide benefits to the surrounding neighborhoods and support the operations of the Pimlico Racetrack. • The development should include amenities that benefit the racetrack and the surrounding community. • The development should provide parking to accommodate the proposed use, Pimlico Racetrack functions, and visitors to the racetrack. • The development should include local, small businesses within the Park Heights boundaries. • The development should be completed in a way that maximizes participation by local, small businesses.

Attached files

Contact

Christian KRAMER(Procurement Officer / Buyer)

[email protected]

Key dates

Opened
11/3/2025
Closes
12/5/2025

Last updated

Details

Type
Request for Expression of Interest
Industry
Real Estate
NAICS
531110
Solicitation №
BPM053940

Budget estimate

$10,000,000 – $50,000,000

The budget for this opportunity is difficult to estimate, as it depends on the specific development proposal and the terms of the contract. However, considering the size of the parcels and the potential for mixed-use development, a rough estimate could be in the range of $10 million to $50 million. This estimate is based on the assumption that the development will include a combination of residential, commercial, and recreational spaces, and that the contract will be awarded to a single developer or a consortium of developers.

AI estimate from the solicitation

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