Behind Caves Valley's agreement to overhaul Cross...

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Baltimore taxpayers won’t see profit sharing for the redeveloped Cross Street Market until 2028, the developer said on Monday. The 50-50 split in profits for the historic Federal Hill market on the brink of a $6.5 million overhaul will begin after developer Caves Valley Partners recoups its close to $4.5 million in investment in the project, said Arsh Mirmiran, a partner in CSM Ventures LLC, an entity controlled by Caves Valley which is undertaking the redevelopment. The city will contribute $2…