Ravens to put headquarters in St. Paul Place tower A wish to be downtown 'where all the action is'

April 18, 1996|By Kevin L. McQuaid | Kevin L. McQuaid,SUN STAFF

The Baltimore Ravens will soon have a new corporate perch, high atop the 28-story St. Paul Plaza office tower downtown.

The city's new National Football League team intends to move its executive offices on Tuesday to the 200 St. Paul Place skyscraper, after committing to a lease valued in excess of $1 million through 2001.

"It's a wonderful building in a good location," said David O. Modell, a Ravens vice president. "We felt we should take advantage of being downtown where all the action is, and it's closer to the location of the stadium and more convenient."

Although the team will move only 20 employees and occupy only 10,000 square feet -- less than one floor of the $42 million building -- the Ravens represent one of the largest new office tenants to select downtown in the past year.

The city's other major score occurred in November, when Treasure Chest Advertising Inc. moved its headquarters from California into the 26-story 250 W. Pratt St. office tower.

In part of their space on the 24th floor of St. Paul Plaza, the Ravens plan to develop a scale-model luxury skybox to help promote sales of the units, Mr. Modell said.

By being downtown, as opposed to Owings Mills -- site of its temporary training facility -- the team also will be closer to prospective clients, said David M. Gillece, the Colliers Pinkard vice president who together with Pinkard's Andy Andrews represented the Ravens in their search.

"The key was we were able to provide quality space to them within three weeks of when they first started looking," said David W. Kornblatt, president of the Kornblatt Co., owner of the building. "And this building will give them a very high profile."

With arrival of the Ravens, St. Paul Plaza will become 98 percent occupied. Other tenants include the state's attorney general's office, the U.S. Drug Enforcement Agency and Customs Service, accounting firms Wolpoff & Co. and Grant Thornton and the Bert Bell NFL Pension Fund.

But the Ravens eventually will move from St. Paul Plaza. The team in February received at least 14 proposals for sites for a 20-acre training and headquarters complex aimed at replicating a similar facility in Berea, Ohio.

"At some point, we'll vacate St. Paul Plaza and Owings Mills and consolidate operations, but I don't have any idea where we'll go or when," Ravens owner and President Art Modell said yesterday.

Pub Date: 4/18/96

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