In Baltimore, Under Armour’s owner is investing in a $5.5 billion bet on his city (35,000 works)

The opening ofâ new hotel dra’n certain amount of optimism and symbolism. That went double for the first Parade of Sagamore Pendry, the newest high-end hotel to open in Baltimore. Didn’t just the look of the luxury ofâ 128-room hotel—along with the steakhouse, the whisky bar, outdoor swimming pool, and nod to horse racing, there’s a reference to Maryland’s history of the raising of thoroughbreds—what makes news. The building, once featured on the tv show Homicide, part ofâ string of true-crime dramas which has a lot of the unpleasant impression of the city, has some symbolic resonance, and renewal in the…