Wednesday, October 23, 2024 | Baltimore, MD
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University of Baltimore-owned land to be developed into retail, residential spaces in $159M project

The University of Baltimore selected a Baltimore-based developer to transform a university-owned piece of land adjacent to the Mid-Town Belvedere campus into a $159 million apartment project with ground-floor retail. The university plans to lease the 2.4-acre site, located at the northwest corner of Maryland Avenue and West Oliver Street in central Baltimore, to developer Zahlco.

Read More: Baltimore Sun
Wawa bids for a slice of Baltimore corporate catering pie, whether as a perk for onsite staff, training session or board meeting

Google may be cutting back on its employee perks, but many companies still offer certain fringe benefits to lure their employees back to the office at least a few days a week, from subsidized child care and transit benefits to free parking and free food. Enter Pennsylvania-based convenience store chain Wawa, which announced Tuesday it has partnered with catering platform ezCater to get its hoagies, Sizzli breakfast sandwiches, doughnuts and other products into workplaces.

First public forum on future of Harborplace to take place next month

Harborplace’s owner-in-waiting MCB Real Estate will hold the first of a series of community input sessions on reimagining the downtown landmark on June 3. The two-hour event will begin at 10 a.m. at the Reginald F. Lewis Museum near Little Italy. Reservations are free, and required because of limited space, MCB officials said Wednesday in an email newsletter “Our Harborplace,” which included a sign-up link.

Silver Spring businesses, police team up to curb crime amid concerns

Montgomery County officials, business leaders and police officers gathered in downtown Silver Spring on Wednesday morning to launch the Silver Spring Safety Alliance, an initiative to facilitate greater collaboration between local businesses and law enforcement at time of heightened community concern about public safety.

Read More: MOCO360
Baltimore County acquires more property at Security Square Mall as part of repurposing effort

Baltimore County has acquired a 12-acre parcel at Security Square Mall in Woodlawn as part of an ongoing effort to repurpose part of the shopping center into a community hub. County Executive Johnny Olszewski Jr., a Democrat, announced Wednesday that his administration would pay $6.85 million to purchase the extra acreage from owner Helmsman Property Services after buying the former Sears building at the mall last fall.

Read More: Baltimore Sun
How Maryland’s tech salaries, job growth stack up to the rest of the country

Maryland technology workers earn some of the highest salaries in the nation, but the state’s job growth is still lagging behind many of its peers. The discrepancy between Maryland’s high salaries and job growth is one of the main takeaways from a dive into tech salaries by the tech trade association CompTIA, earlier this month. Maryland ranks seventh in the country for median tech worker salary at $109,357 per year and has a solid base of companies.

Aerial photography of gray houses
Maryland home sales plummet: How rising interest rates and high costs are squeezing market

A new report from the Maryland Association of Realtors shows that housing prices have gone up in the state from April of last year, but the total number of units sold have gone down, leading local real estate agents to handicap what the future holds and potential buyers to consider whether they really want that new home. In April 2022, over 8,000 units were sold statewide.

Is it economic growth or sprawl? Prince George’s Co. battles over building housing

“If you build it they will come” is a famous movie quote from “The Field of Dreams” that has applied to baseball and even baseball stadiums for decades. But if you build more housing, do the wider roads and other amenities come too? The building and development industry in Prince George’s County, Maryland, is anxiously watching local legislation that they believe will stymie the very economic growth some county leaders have made a priority.

Read More: WTOP
GSE Systems warns of possible inability to meet financial obligations as potential delisting looms

 

GSE Systems Inc. has raised “substantial doubt” about its ability to meet its financial obligations while also continuing to face potential delisting from the Nasdaq Stock Market. The Columbia-based company, which provides engineering, staffing and simulation software to nuclear, electrical and other power industries, is in a tough spot financially, having lost almost $3 million, or 13 cents a share in the first quarter of 2023.

Ellie Mental Health expanding in Maryland amid heightened demand for therapy

The minds behind a new Bethesda mental health clinic are plotting more locations, launching more services, hiring more therapists and tapping more insurers to meet intense demand for care in the region — and make sure patients can actually get it. Ellie Mental Health Bethesda at 8120 Woodmont Ave., which local franchise owner Shahzad Dastgir opened in September, is the first of multiple Maryland practices on his roadmap.

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