Baltimore City Council Member Jim Kraft has announced that he will not be running for re-election for his current position, but does plan to stay on the ballot and pursue another elected office in 2016.

Although Kraft has not announced what seat he will be running for, the Baltimore Business Journal notes,

Constituents who heard Kraft’s plans during a speech on Tuesday night at the Canton Community Association were already speculating on social media that Kraft is weighing a run for City Council President, which is an at-large seat that requires a citywide vote.

In that scenario, he would be vying to succeed City Councilman Bernard C. “Jack” Young.

Currently,

Kraft’s district has seen some of the most rapid development in the city since he took office in 2004, with an entirely new neighborhood emerging in Harbor East and the opening of the highly successful Shops at Canton Crossing development in 2013. Kraft’s departure could mean a new face for developers to contend with as key developments such as Harbor Point and a second phase for Canton Crossing get underway.

To read the full story, visit the Baltimore Business Journal online.