SBER will head up a team that will convert the transportation-centered property--which is currently home to five buildings totaling 700,000 sf--in a multi-phased endeavor that will cost an estimated $800 million to complete. McCormack Baron Salazar and Doracon Development are also part of the SBER team.

Home to a handful of government agencies for the last 45 years, State Center sits about one mile from the city's Inner Harbor and is surrounded by Metro stations, bus lines and light rail access. Seeking to create a transit-oriented live-work-play atmosphere, the SBER team is planning a complex with an as yet undetermined amount of office and retail space, residential offerings and parking.

"The state had the big and bold thinking to not do the obvious and stay with just office space and surface parking," SBER's Bill Struever tells GlobeSt.com. "This is a catalytic development that will crate a new mixed-income neighborhood linking downtown to West Baltimore, making this area a part of the revitalization that has been happening in other parts of the city."