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Sale of Sparrows Point property in works

By WTOP Staff

BALTIMORE (AP) — Court documents indicate that a change of ownership is in the works for the former Sparrows Point steel mill property in Baltimore.

Attorneys said in a letter filed in federal court this week that arrangements are being made to sell a significant portion of the property to an unnamed local investment group. Few other details were provided.

The court filing, first reported by The Daily Record of Baltimore, was made in a federal lawsuit in which Baltimore officials sought and obtained a temporary restraining order allowing treated wastewater to continue being discharged through two pipelines on the former steel mill property.

A federal bankruptcy judge in Delaware approved a $72 million sale of the Sparrows Point steel mill in 2012 to liquidator Hilco Industrial and its partner, Environmental Liability Transfer.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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