 The rebuilding of the Inner Harbor area in the late 70s and early 80s greatly increased interest in Federal Hill as an enclave of intimate residential streets within minutes of the city’s business and entertainment heart.Due to the traffic and development, particularly at the foot of the Hill along Key Highway and Covington Street, the Hill has collapsed at least twice during the last 10 years, requiring the City to fund major reconstructive efforts to preserve Federal Hill Park.One refurbishment project was completed in 1995 and in 2000, the park was rededicated after a nearly $2 million stabilization project to combat an erosion problem.