Pop-Up Shops Join Belvedere Square For The Holidays

Merchants from across Baltimore are hoping to nab holiday shoppers in North Baltimore by setting up pop-up shops in Belvedere Square. Two vendors, the Harbor East jewelry store Amaryllis and Pure Chocolate by Jinji, have opened small pop-up stores in the shopping center for the holidays. Those temporary shops will be joined by 23 other merchants this weekend for Belvedere Square’s first holiday market. (Balt. Bus. Journal)

Read Full Article

Nov. 4 // Despite troubles, state keeps goal for health exchange

Despite continuing technical glitches, the director of Maryland's troubled health exchange said Tuesday that she believes the state can reach its goal of enrolling roughly a fifth of its uninsured residents by the end of March. Rebecca Pearce, executive director of the Maryland Health Benefit Exchange, acknowledged that only about 3,000 people have signed up for private health plans so far. But, she said, the state still projects it can get about 147,000 more enrolled by March 31, the date when uninsured Americans face a tax penalty. (Balt. Sun)

Read Full Article

City to study ways to improve Baltimore's economic and business climate

The Baltimore Development Corp. will pay a Texas-based consultant up to $167,500 to develop a strategy for the city to improve its economic and business climate, the mayor's office announced Tuesday. Mayor Stephanie Rawlings-Blake said the effort is intended to bolster job creation, revitalize neighborhoods and attract new investment. The consultant, AngelouEconomics, will include input from local businesses, community leaders and city residents in its plan. A series of public forums is scheduled over the next week, beginning with a session on Tuesday. (Balt. Sun)

Read Full Article

Md., Va. among top five states for government-funded jobs

Maryland and Virginia are among the top five states in the nation in the dubious competition for most government-financed employment, according to a new economic study. It turns out Virginia, Maryland’s closest fierce competitor for business, edges out Maryland in most categories for taxpayer-funded jobs, according to a study conducted by Keith Hall, former commissioner of the federal Bureau of Labor Statistics. He is now a senior research fellow at the Mercatus Center of the George Mason University. (Md. Reporter)

Read Full Article

Montgomery delays launch of zoning overhaul

Montgomery County is putting the brakes on revising its 1,200-page zoning ordinance, heeding objections from both developers and neighborhood activists that they have had insufficient time to study the proposed overhaul’s implications. One goal is to clean up and simplify an antiquated document with more than 120 zoning categories and 400 footnotes. The broader intent is to encourage more compact, mixed-use development on certain types of commercial property, including older shopping centers, where some surface parking could be used for residential or office buildings. As proposed, the revisions make only minor changes in zoning for residential neighborhoods. (Wash. Post)

Read Full Article

In W. Md., a potential future for cleaner coal

Located in the middle of a small town, about as far west in Maryland as you can get, one power plant — and the technology inside it — could represent the future of coal power in America. The AES Warrior Run power plant in Cumberland isn’t very large, with a capacity to generate about 180 megawatts of energy from coal — enough to power about 10,000 homes. What sets it apart is what it does after it’s done with that coal. (CNS/Daily Record)

Read Full Article

No, Brace Pharma is not making a '$200 million investment in Maryland'

Brace Pharmaceuticals Inc., an arm of Brazilian pharma company EMS S/A, has established its U.S. headquarters in Rockville and will invest $200 million in the operation, the O'Malley administration said Tuesday. Brace, based out of the Rockville Innovation Center, bills itself as an "investment company" focused on developing and commercializing late-stage clinical products. It is a backer of Baltimore-based biotech Gliknik. However, Brace Pharmaceuticals is not making a "$200 million investment in Maryland" as the governor's press release states. At least, not in the economic development, physical-plant-and-new-jobs-for-Montgomery-County sense. And the figure has little to do with Maryland, specifically. (Balt. Bus. Journal)

Read Full Article

MedStar to transfer 74 employees to real estate contractor CBRE

MedStar Health has laid off 74 people in its real estate and facilities management departments as the hospital system transfers those functions to a contractor, which plans to hire back the workers, Medstar officials said. The Columbia-based company cut 19 jobs at MedStar Good Samaritan Hospital, 29 jobs at MedStar Harbor Hospital and 26 jobs at MedStar Union Memorial Hospital, according to a notice provided to the state Department of Labor, Licensing and Regulation. (Balt. Sun)

Read Full Article