$125M mixed-use development planned near Columbia Mall

Plans for a $125 million, two-structure apartment complex in Columbia's Warfield neighborhood were revealed this week, making it the third housing development announced in the redevelopment of downtown Columbia. The five-acre parcel, which is owned by Howard Hughes Corp., will be a mixed-use development with 30,000 square feet of retail and 437 apartments. (Patuxent)

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Demand for Baltimore-area homes increased in first half of the year

Baltimore's home market shifted this year, but a spike in interest rates may unsettle the balance again."Back in the beginning of January … all of the buyers thought they were still in the buyer's market. Then, in the beginning of February, all the rules changed," said Lynn Ikle, an agent with Redfin who leads a sales team that works throughout the metro region. The number of homes for sale became too small to keep up with demand, and power returned to sellers. (Balt. Sun)

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Hammerjacks plots Baltimore return — again

Kevin Butler knows he’s on to something when he sees travelers in airports across the country wearing T-shirts he sold with the Hammerjacks logo blasted in bright yellow across their chests. The famed Baltimore rock club, home to hair bands and rock fans from across the East Coast, is a mere memory for many.  Soon, Hammerjacks will be more than a memory. Butler is nearly ready to announce his plans to recreate Hammerjacks as an anchor in the South Baltimore entertainment district surrounding M&T Bank Stadium and the forthcoming Baltimore Horseshoe casino. (Balt. Bus. Journal)

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CareFirst renews 26,000-square-foot lease in Owings Mills

CareFirst of Maryland Inc. has renewed its 26,040-square-foot lease at BECO Towers in Owings Mills. The company had been searching for new office space ahead of its lease termination on June 30, but was persuaded to stay in the building after BECO Management Inc. unveiled plans for a $15 million renovation in its two Class-A towers at 10451 and 10461 Mill Run Circle. (Balt. Bus. Journal)

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Leadership Maryland names new CEO

The head of Anne Arundel County’s technology incubator has been named CEO of Leadership Maryland. Renee Winsky will replace Nancy Minieri, who founded the organization in 1992 and announced her retirement in March. Winsky - who has been the executive director of the Chesapeake Innovation Center since 2010 - will begin her new post in September and work with Minieri through the end of the year. (Capital)

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Tribune Co. plans to spin off newspapers

The Baltimore Sun's owner said Wednesday that it plans to spin off its newspapers as a separate company, the latest move in the Tribune Co.'s effort to focus on the more profitable broadcasting industry .Chicago-based Tribune said its publishing assets, which include the Chicago Tribune, Los Angeles Times and six other daily newspapers, would be split off with its own board and senior management while the rest of Tribune's holdings — including its television stations and real estate — would stay with the original company. (Balt. Sun)

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Company proposes luxury apartments at former gas station

The former Exxon gas station at 7340 Wisconsin Ave. will be home to a luxury apartment building with retail on the first floor, if the developer Bainbridge get its way. Bainbridge Companies, which is based in Florida and has an office in Bethesda, bought the defunct gas station, which stood shuttered for a year, from the Exxon Mobil Foundation in May. This will be Bainbridge’s second luxury, mixed-use building in Bethesda — the first is a 17-story high rise, now under construction, on St. Elmo Avenue. (Gazette)

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Attorney disbarred following affair with client 

Maryland’s top court Wednesday disbarred an attorney, by a vote of 5-2, for having an intimate relationship with her client in a divorce and child custody proceeding, having a financial interest in his child-support obligation, communicating directly with the opposing party and lying to bar counsel. (Daily Record)

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