Monday, November 25, 2024 | Baltimore, MD
FOLLOW US:

Business

DLA Piper will relocate Baltimore office back downtown after two decades

DLA Piper, a global law firm with Baltimore roots, is moving its Baltimore office back downtown after more than two decades just outside the city limits near Mount Washington, with plans to relocate to Harbor East next summer. The law firm, formerly Piper & Marbury in Baltimore before two mergers, plans to announce Monday that it signed a 10-year-lease for one floor, more than 34,000 square feet, at 650 S. Exeter St. Before moving what was then the state’s largest law firm to a low-rise office building off Smith Avenue in 2000, the firm had its office downtown in a tower at 36 S. Charles St. It currently occupies 123,000 square feet in the glassy, cube-like Marbury Building in Pikesville, some of it originally needed for file storage and support functions.

Read More: Baltimore Sun
PPP loans back in the spotlight amid student loan forgiveness debate

President Biden’s announcement that it would cancel up to $20,000 in federal student loan debt prompted pushback from opponents — who then had their own Paycheck Protection Program loans thrown back at them. The Biden administration’s student loan forgiveness plan, unveiled Wednesday, would also extend the pause on student loan repayment and restructure income-based forgiveness, comes with a roughly $500 billion price tag. Biden’s plan has drawn criticism from many Republicans who have argued the plan is unfair to taxpayers and those who had students loans that weren’t forgiven, and that’s how PPP found itself back in the spotlight. Many high-profile opponents have found their own acceptance and forgiveness of PPP loans floated as hypocritical when it comes to forgiving debts.

UMES awarded $200K grant for health innovation research

The University of Maryland, Eastern Shore (UMES) is one of five historically Black colleges and universities (HBCUs) to share in $1 million in health innovation and research grants awarded Thursday by The Propel Center, the global HBCU technology and learning hub. These awards, the second round of Industry Impact Grants, continue Propel’s mission to offer world-class research and innovation opportunities for HBCUs and its students.

Harford Community College president selected for the Aspen Institute’s new presidents fellowship

Theresa B. Felder, president of Harford Community College, has been selected as one of 26 leaders in the 2022-23 class of the Aspen Institute’s new presidents fellowship. The program supports community college presidents in the early years of their tenure as they work to achieve higher levels of student success. “I am truly honored to be selected as a member of the 2022-23 Aspen new presidents fellowship class,” Felder said. “I look forward to working with the Aspen Institute and my fellow presidents to identify best practices that will support equitable outcomes for all students at Harford Community College…”

Read More: Baltimore Sun
Asian night market ‘grew to a place we didn’t know it was growing,’ according to Howard County Fair Association

Until Saturday, the group that runs the Howard County Fairgrounds was expecting between 5,000 and 10,000 attendees at the Asia Collective Night Market. Instead, more than 25,000 people showed up Saturday, and only a small fraction had places to park, snarling traffic and causing many other issues. “This is the first event I can remember in years that grew to a place that we didn’t know it was growing,” said Mickey Day, president of the Howard County Fair Association. “It was a first-time renter, first-time event.”

Read More: Baltimore Sun
Commission approves DraftKings sports betting license for facility at fairgrounds

A company partnering with operators of the Maryland State Fairgrounds has been approved for a sports gaming license despite concerns that the company has yet to turn a profit. The Maryland Lottery and Gaming Control Commission voted 6-0 with one abstention to award a license to Crown Maryland Gaming. The company, owned by Boston-based DraftKings, raised concerns from at least one member of the commission because of repeated annual losses totaling more than $3 billion over a five-year period.

$100M Madison Park North redevelopment gets underway

The long-awaited Madison Park North project is now in motion. The desolate block off North and Park Avenues once called “murder mall” because of the violence there was primed Thursday for a $100 million redevelopment by MCB Real Estate, MLR Partners and ATAPCO Properties. The team held a groundbreaking event that drew close to 150 attendees and has signed a deal with Ryan Homes to build 120 market-rate townhouses for the project’s first phase.

Amtrak initiates nationwide hiring spree with thousands of positions

The demand for Amtrak workers is on the rise as people opt for traveling by train. Amtrak is launching a nationwide hiring spree as struggles with airline cancellations and a reported 24% increase of luggage being mishandled last year have created the need for more workers to increase the railroad company’s operations.

Lion at the Maryland Zoo in Baltimore, Maryland.
Gibbons, red wolves and Gila monsters: Here’s a look at new animals and exhibits coming to the Maryland Zoo

The Maryland Zoo – the third-oldest zoo in the United States — has seen a lot of change since its founding in 1876. And it will see a lot more in the next decade, under the guidance of a new master plan unveiled this week that calls for the addition of new animals, new construction and other improvements. Under the plan, visitors will be greeted by a new look right as they enter the zoo.

At last, Madison Park North complex developer breaking ground in West Baltimore

Every day, Keondra Prier passes an 8-acre vacant lot in the Reservoir Hill community that was once home to a subsidized apartment complex dubbed “Murder Mall.” Prier, who is president of the Reservoir Hill Community Association, said there is “a deep desire, hope and wish” for the Madison Park North property to be turned into a resourceful and appealing space.

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.