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In page Royal Farms Arena:

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On January 14, 2015, David S. Cordish, the chairman and CEO of the Cordish Company, proposed to build a 15,000–16,000-seat waterfront arena, but built with expanded capacity in mind. The Arena, accommodated with an outdoor amphitheater and a pedestrian bridge to connect the Inner Harbor and Federal Hill, would cost $450 million and tie up with Harbor East and Power Plant Live.[9] However, the Cordish proposal was scrapped when Maryland Governor Larry Hogan cancelled the Red Line project, which was a dire need for the arena.