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Maryland biotech Shuttle Pharmaceuticals is finally ready for IPO

Shuttle Pharmaceuticals Holdings Inc., a Rockville company developing treatments to make radiation less harmful for cancer patients, made its debut on a U.S. stock exchange Wednesday after once again adjusting the terms of its initial public offering. The company’s shares began trading on the Nasdaq Capital Market under the symbol “SHPH.” Nasdaq Capital Market is one of three Nasdaq exchanges and is made up of early-stage companies that have relatively low market capitalizations and still need to raise growth capital.

Maryland School for the Deaf relaunches superintendent search

The Maryland School for the Deaf board of trustees has relaunched the search for the school’s next superintendent after a hiatus of more than a year. The search was originally initiated in September 2020, after former Superintendent James Tucker, who had held the job since 1992, announced his early retirement.

42. #PodcastRow at #MACO2022 with Talkie Communications

In episode 42 of The Lobby, Damian comes to you live from the biggest lobby in Maryland, the MACo Summer Conference in beautiful Ocean City. This is part 9 of a multi-part series with leaders from around Maryland at the biggest gathering of elected officials and insiders in the state.

For part 9, Damian is joined by Talkie Communications for a primer on rural connectivity, and the benefits of fiber. Stick around for our guests’ first-hand account of what it takes to connect communities previously unserved by the internet.

We hope to see you soon in The Lobby.

Amazon Packages
Amazon plans to close 2 Baltimore area facilities, displace 353 workers

Amazon intends to close two Baltimore-area delivery facilities and lay off 353 employees, according to a filing with state regulators, though the online retailer said all will be offered jobs nearby. The company notified the Maryland Department of Labor on Friday that it would be closing a facility in Baltimore County and one in Anne Arundel County effective Oct. 25.

Read More: Baltimore Sun
In wake of debunked threats to ‘Lady in the Lake,’ Baltimore filmmakers pledge to continue working in the city

Piece by piece, members of the crew filming the TV miniseries “Lady in the Lake” got to work Tuesday dismantling an illusion. Down came the elaborate facade that had transformed the 200 block of Park Avenue in 2022 into Pennsylvania in the 1960s. Down came the menu for a fictitious restaurant called “Little Willie’s” that advertised an oyster sandwich for 50 cents, and the vintage traffic signs and the poster advertising an upcoming performance by the late, great singer Ella Fitzgerald at the Royal Theatre.

Read More: Baltimore Sun
Let’s Dish: Former Atlas chef takes over Salt Tavern spot; Last call at Lexington Market; Eat and drink the Ravens GOATs

This week, we’ll bid a fond farewell to Lexington Market’s East Market and get ready to greet an ambitious new restaurant in Butchers Hill. Also, football season is right around the corner, so get ready with some beer … and ice cream? Here’s a new menu item sure to get the attention of any Baltimore foodie: tuna tartare cannoli. The unconventional app is just a sample of what chef and restaurateur Matthew Oetting has in store for his forthcoming Butchers Hill bistro. After years working for some big name restaurant groups in Baltimore and beyond he says: “I have a few tricks up my sleeve.”

University of Maryland raises student worker wages at College Park campus

The University of Maryland, College Park, will be increasing its minimum wage for student workers to $15 an hour beginning in 2023, the school’s president said. President Daryll Pines announced the pay increase in a welcome message to the campus at the start of its fall 2022 semester. The University System of Maryland increased its minimum wage to $15 an hour for nearly all its employees at the beginning of 2022, but the increase did not include student workers. “This is a significant multimillion-dollar investment in a key pillar of our strategic plan: to invest in people and communities,” Pines said in the welcome email, which was sent out on Monday, the first day of the university’s semester. 

Patagonia store to open in Baltimore imminently

Patagonia Inc. will open its first Maryland outdoor clothing and gear store this summer in Baltimore. The Ventura, California-based brand is currently in the process of building out its 15,000-square-foot space at 700 S. Caroline St. between Fells Point and Harbor East, and is aiming for a September opening, said Kira Nissley, leasing manager with Harbor East Management Group. A specific date has not yet been confirmed as the company is waiting on some final deliveries and finishing touches. Patagonia’s Baltimore location will be the company’s first and only Maryland store, with the next closest in Washington, D.C. and Alexandria, Virginia.

Edge Capital brokers $7.2M sale of Class A office building, garage in Frederick

Commercial real estate firm Edge Capital Markets on Monday announced it brokered the sale of 154 N. Market St. and 8 E. 2nd St., a portfolio consisting of a two-story building comprising 24,195 square feet of Class “A” commercial office space, and the 8,875-square-foot Maxwell Street Garage, both in historic downtown Frederick. 154 N. Market St. was 91% leased and occupied at the time of sale and the projects combine for 33,070 square feet of space. Joe Friedman, Partner, Edge Capital Markets and Joshua Norwitz, Senior Associate, Edge Capital Markets represented the seller, MP Fund I North Market, LLC.

North Ave. Market in Baltimore’s Station North announces it will close

North Ave. Market is closing its doors, the business announced Monday on Facebook and Instagram. The latest iteration of the combination arcade, bar and music venue located in the Station North Arts District opened in early 2020. The arcade’s Facebook page, which describes itself as “not your average market!” said Monday that the space was permanently closed. The owners could not be reached for comment, but former North Ave. bartender Mars Magma said the business’s last day open was Saturday and that the property was sold to a Baltimore developer.

Read More: Baltimore Sun

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.