War Horse to open new Swim Club pool and nightspot on Canton waterfront

War Horse Cities said Tuesday that it will open a new swimming pool-based entertainment venue on the Canton waterfront that will serve as a private club during the day and a nightlife destination at night. Swim Club will open Memorial Day on the site formerly known as the Baltimore Marine Center Pool at Lighthouse Point East. War Horse spent $500,000 on renovations to the site, which will offer a pool, cocktails and locally sourced food. (Balt. Sun)

Read Full Article

LifeBridge Health reports data breach that could affect 500,000 Marylanders

Baltimore health care system LifeBridge Health has reported a cybersecurity breach that could affect the personal data of more than 500,000 Maryland patients. The breach occurred more than a year ago and could have affected patients' registration information, billing information, electronic medical records, social security numbers and other data. The health system has mailed letters to the potentially affected patients to alert them of the breach. (Balt. Bus. Journal)

Read Full Article

Chevy Chase-based WeddingWire receives $ 350 million investment

WeddingWire, a local tech company that started in the dining room of founder Timothy Chi’s Chevy Chase home, just landed a $350 million investment to expand the business. The global private equity firm Permira announced the investment Tuesday and will become WeddingWire’s new majority owner. The tech company connects engaged couples online with wedding professionals such as caterers and photographers. (Bethesda)

Read Full Article

Draft hotel agreement removes extra parking, increases number of rooms

Plans for Frederick’s proposed downtown hotel and conference center now call for less parking, more rooms and a potential reduction in some public infrastructure improvements. And at a meeting Wednesday, members of the public will get a chance to weigh in on those changes and others included in a revised draft memorandum of understanding members of the Board of Aldermen are slated to discuss. The document also maps out the cost-share estimates and development details for the planned multimillion-dollar project slated for 200-212 E. Patrick St. (News-Post)

Read Full Article

May 22 // Tradepoint Atlantic buys 150-acre Sparrows Point Shipyard

Tradepoint Atlantic has purchased the last available parcel of land at Sparrows Point — the storied 150-acre shipyard — for $33.5 million. The acquisition of the Sparrows Point Shipyard and Industrial Complex from Barletta Industries boosts the acreage of the $1 billion redevelopment to 3,250 acres and adds additional berth and 225,000 square feet of warehouse space to the massive project, officials said Monday. (Balt. Bus. Journal)

Read Full Article

Group of corporate heavyweights pushes for regional toll network

A group of corporate leaders is pushing for a robust, interconnected network of toll lanes from Baltimore to Richmond, saying the region should embrace tolling to improve the reliability of the region’s roadways and reduce congestion while generating a funding stream to pay for transportation infrastructure. The Greater Washington Partnership has identified principles it says can guide elected and government officials to successfully grow the toll road network. (Wash. Post)

Read Full Article

UMB hits $400 million mark in its largest fundraising campaign

University of Maryland, Baltimore is more than 50 percent toward its $750 million goal for its largest fundraising campaign to date. More than $400 million in gifts and pledges have been recorded for the Catalyst campaign, which officially launched in October. UMB had already raised about $314 million at launch. The funding will be uses toward expanding student scholarships, faculty resources, research, clinical programs and community engagement. (Balt. Bus. Journal)

Read Full Article

Rent Café: Baltimore among nation’s most prosperous cities

The website Rent Café has named Baltimore as one the nation’s most prosperous cities based on U.S. Census data. Rankings were determined using factors such as household income, median value of owner occupied housing prices and population share with at least a bachelor’s degree. Baltimore’s inclusion on this list, at No. 8, comes despite the city losing about 5 percent of its population between 2000 and 2016. (Daily Record)

Read Full Article