August 22 // Huge distribution warehouse planned for former GM site

The owner of the former General Motors factory site in Southeast Baltimore has applied for a city permit to build a huge warehouse that would employ up to 2,600 people, according to documents filed with the city planning department. (Balt. Sun)

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Greene Turtle loan approved

The state Board of Public Works approved Wednesday a controversial loan to the owners of the Greene Turtle franchise in Towson over the objections of Comptroller Peter Franchot. (Balt. Sun)

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White Flint trying to become Bethesda Row

White Flint ’s developer is trying to make it a go-to place for dining and entertainment in the mold of Bethesda Row. The developer of both places — Federal Realty Investment Trust — is lining up restaurants to fill in around White Flint’s iPic luxury movie theater and 250-seat music venue by Strathmore Hall Foundation. (Wash. Post)

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City panel approves Morgan Stanley loan forgiveness plan

A decade-old loan forgiveness program with Morgan Stanley will move forward after Baltimore's spending panel agreed to give the company more time to meet its job-creation goals. (Balt. Sun)

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Harris Teeter opening at least 6 months behind other Canton Crossing retailers

The Harris Teeter grocery store in the Canton Crossing shopping center will be among the last stores to open at the site because of construction delays. About 80 percent of the stores in the shopping center are scheduled for October openings, including Target, which begins stocking shelves next week. But site issues have caused the Harris Teeter to schedule its opening for April 2014. (Balt. Bus. Journal)

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O’Malley sets 29% minority goal for state contracts

The O’Malley administration today upped its “aspirational” goal for minority participation in state-funded contracts from 25% to 29%, with the governor and Lt. Gov. Anthony G. Brown lauding the effort in a press release. (Brew)

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Wells Fargo layoffs won't affect Baltimore-area employees

Wells Fargo & Co. plans to lay off 2,323 people in its mortgage operations, but none in the Baltimore area. The San Francisco-based bank Wells Fargo (NYSE: WFC) told employees of the layoffs on Wednesday, the Charlotte Business Journal reported. (Balt. Bus. Journal)

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TeleCommunication Systems lands $2.8M army deal

Annapolis mobile communications firm TeleCommunication Systems Inc. received $2.8 million in incremental funding from the U.S. Army to deliver Internet service to soldiers on the battlefield. (Capital)

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