Pulte: Cutting Clarksburg project slashes $13M a year in economy

Frustrated by Montgomery County’s decision to consider a reduction in construction in Clarksburg’s Ten Mile Creek community, Pulte Homes says the local economy stands to lose more than $13 million in annual economic activity if the revised plan goes through. (Wash. Bus. Journal)

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BDC president cites need for transparency before board closes meeting

Baltimore Development Corp. President Brenda McKenzie said Thursday that the controversy over the Harbor Point tax increment financing plan contains a lesson about “constant communication” for the city’s development arm. But even though McKenzie said Harbor Point “really did highlight the need for constant communication about what we do, why we’re doing it,” the BDC’s board then voted to enter a closed session without citing the topics that were to be discussed in the meeting. (Balt. Bus. Journal)

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Blighted East Baltimore land to become urban farm

The Baltimore Development Corp. board on Thursday approved a land deal with the Baltimore Food Hub initiative that will bring an extensive urban farming operation to East Baltimore. Under the deal, Baltimore Food Hub would pay the city $500,000 up front and $400,000 in a takeback mortgage for land and city-owned buildings at 1801 E Oliver St., property that is seen as a gateway to Baltimore for its proximity to train tracks used by Amtrak. (Balt. Bus. Journal)

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Renovated Senator Theatre gets OK to sell alcohol

The Senator Theatre and its adjoining small-plates restaurant, Bar Zini, will be authorized to sell alcohol when it reopens in the coming months, after a Baltimore licensing board voted Thursday to approve its application. (Balt. Sun)

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Merritt Canton losing new business due to water main break

The Southeast Baltimore water main break earlier this week continues to keep Canton’s Merritt Athletic Club out of commission — and out of new business. Donyel Cerceo, Merritt’s director of marketing, said between lost new member sign ups and possible camp refunds, the club is losing a significant amount of revenue. (Balt. Bus. Journal)

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United Medical Center plan looks like Prince George's plan

The District seems to be taking a page from a Prince George's County playbook for redeveloping safety-net hospitals. And it's a plan with a lot of promise but still some big questions. A consultant's emerging vision to solve the vexing challenge of United Medical Center in Southeast D.C. — endorsed by Mayor Vincent Gray and the hospital's board — looks a lot like the two-year old plan across the border. (Wash. Bus. Journal)

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Metro workers get 11.4 percent pay raise

Metro’s board of directors unanimously approved a new four-year contract Thursday for its employees that includes an 11.4 percent pay increase over several years. (Wash. Post)

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Silver Spring shopping center acquired 

Regency Centers Corp., of Jacksonville, Fla., a real estate investment trust that owns, operates and develops grocery-anchored and community shopping centers, closed on the off-market acquisition of Shoppes of Burnt Mills, a 31,316-square-foot neighborhood center in Silver Spring, for a gross purchase price of $13.6 million. (Daily Record)

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