In 2016, I reported on an application by Sagamore Development, a real estate group co-founded by Under Armour CEO Kevin Plank, for a $535 million tax increment financing (TIF) package from Baltimore City to support development of a new headquarters, plus retail and apartments. Activists pointed out that Mr. Plank’s “city within a city” would create a new white neighborhood on a more than 90% white peninsula in a 63% black city. Hundreds flooded City Council hearings to demand a community benefits agreement, and Sagamore agreed to pour $100 million into city neighborhoods and lower rents for 20% of its apartments. But loopholes allow Sagamore to pay into a city inclusionary housing fund rather than build affordable units and to put 40% of any units it does build off-site. Another loophole allows Sagamore to build the off-site units in poor, segregated areas, avoiding the backlash that usually accompanies low-income housing in white suburbs. While $100 million is nothing to sneeze at, resentment still lingered over Sagamore’s pursuit of luxury apartments for, as they described it, “highly educated millennials and baby boom residents seeking a high quality live-work-play environment.”