Under Armour is scrambling to do damage control amid reports that its chief executive has run the company like a frat house. Plank had also been focusing on personal projects: His family’s investment company, Plank Industries, was developing 235 acres in Baltimore … Flanked by government officials and business leaders, Plank described the 30,000-square-foot UA House as an accelerator for the community and said building it was like starting a fire by, “taking a tiny little match and then pouring about 100 gallons of kerosene directly on top of it. Historic Baltimore-based Horse Racing Stable Located in Maryland’s beloved horse country, the 530 acres of Glyndon landscape that was formerly used to nourish, shelter and train Thoroughbred racehorses will now be used to supply the corn, rye and limestone-filtered spring water that is necessary to support Plank’s whiskey distillery. The Baltimore Business Journal today posted a story on Kevin Plank’s plans to build a new mansion on 65 acres in the Green Spring Valley.The piece was written by Melody Simmons, and Baltimore Fishbowl Editor Susan Dunn contributed to the report. Baltimore-based CEO, philanthropist, and businessman Kevin Plank has revolutionized the sportswear industry while simultaneously staying true to his roots in the city that he holds dear. © 2021 Burdette, Koehler, Murphy & Associates. The $6.5 million project was funded in large part by Plank’s Cupid Foundation and Under Armour (NYSE: UA), but as Plank reminded the crowd, “Things like this don’t just happen from one person.”. evin Plank has a telescope in his office aimed not at the heavens, but at a hotel. Next, Plank, the CEO of Under Armour Inc., hopes to replicate the project about 30 times throughout the city.. Remaking Baltimore’s Waterfront, With a Splash of Whiskey. Under Armour was founded on September 25, 1996 by Kevin Plank, a then 24-year-old former special teams captain of the University of Maryland football team.Plank initially began the business from his grandmother's basement in Washington, D.C. Kevin Plank, founder and chief executive officer of Under Armour Inc., speaks during a keynote event at the 2017 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Friday, Jan. 6, 2017. The property was recently listed again for $24.5 million. Kevin Plank’s latest establishment, Rye Street Tavern, made its debut last night. For years, CEO Kevin Plank and … Michael Rankin, of TTR Sotheby's International Realty, and Lydia Travelstead, of Monument Sotheby's International Realty, hold the listing. Other features include a chef-grade gourmet kitchen, a whiskey and cigar room, a detached gym, and a heated lap pool. Plank donated $1 million through The Cupid Foundation to the Baltimore-based CollegeBound in 2016. Gisele Bundchen, Under Armour CEO Kevin Plank and Tom Brady attend the Under Armour Boston Brand House Opening Celebration on November 2, 2016 in Boston, Massachusetts. His father, William Plank, was a land developer and mother, Jayne Plank was a mayor of Kensington, who later took charge of the Office of Legislative and Intergovernmental Affairs at the United States Department of State. Congratulations to Rosa Flickinger on passing the CPD exam. Baltimore-based designer Patrick Sutton and Annapolis-based Pyramid Builders extensively redesigned and rebuilt the entire house, including putting in a $1 million staircase constructed with the same marble used for the Thomas Jefferson Memorial. By:  Carley Milligan, Baltimore Business Journal. The 200-year-old Federal-style mansion sold for $17.25 million, way under the $29.5 million originally asked but still a huge number for the Georgetown market. Under Armour founder and CEO Kevin Plank took out a full-page ad in Wednesday's Baltimore … The public-private partnership needed to fund the revitalization of the former Carmelo Anthony Center at 1100 E. Fayette St. in East Baltimore was made up of companies, individuals and government agencies. In his childhood, he joined Georgetown Preparatory School but was forced to leave the school because of his poor performance in academic and some behavioral prob… Under Armour Inc. CEO Kevin Plank has put his house in Washington, D.C., back on the market at a 17% discount from when it was listed last year. Plank listed the 12,000-square-foot estate in Georgetown last year for $29.5 million, making it the most expensive residential property on the market in the nation's capital at the time. In time, Piper Bond and Plank plan to scale and replicate the zone to apply it in other parts of Baltimore and the country. 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