Business

Johns Hopkins University plans to build a 126,200-square-foot medical office and surgery center as it embarks on its development of the Belward Farm in Montgomery County. The project marks the first of several phases of development at the 108-acre Belward Farm site, which used to be mired in controversy. Late anti-development activist Elizabeth Beall Banks sold her farm, located at the intersection of Muddy Branch and Darnestown Road, at a cut rate to Johns Hopkins in 1989 so the land could be preserved and used for the creation of a bucolic campus.

Novavax Inc. (NASDAQ: NVAX) just took another step to bring its Covid-19 vaccine candidate to the global stage, resulting in a stock surge once again. The Gaithersburg biotech said Thursday it has applied to the World Health Organization for an emergency use listing for its coronavirus vaccine, partnering with the Serum Institute of India on the bid.

Weller Development has hired two retail brokerages to begin leasing at Port Covington this fall. Baltimore-based Cana Development, which has worked on the tenant turnaround at Cross Street Market as well as leasing and management at Mt. Vernon Marketplace, and the national McDevitt Co. will oversee efforts to lease 116,000 square feet of space in the first phase of the Port Covington redevelopment.

Tenable Holdings Inc. is making its second acquisition this year, and its fourth ever, with plans to purchase a California company for $160 million in cash. The Columbia-based cyber firm said Monday it has entered into a definitive agreement to acquire Accurics Inc., a company that specializes in cloud-native security, an approach to cybersecurity that fully focuses on the cloud instead of on-premises technology.

Maryland officials welcomed four new super cranes to the Port of Baltimore on Thursday that will enable one of the state’s biggest economic contributors to handle even more cargo and continue to grow jobs. The cranes will operate at the Seagirt Marine Terminal, where the Maryland Port Administration and Ports America Chesapeake recently completed construction and dredging of a second 50-foot deep berth. The second deep berth enables the Port of Baltimore to handle two super-sized cargo ships simultaneously.

College sports changed forever this summer when the NCAA adopted new rules allowing student-athletes to profit off of their name, image and likeness. The NCAA’s new rules came after the U.S. Supreme Court unanimously confirmed a lower court’s ruling that the college sports governing body’s prior restrictions on student compensation violated antitrust law.

Amazon.com is expanding its footprint in Baltimore again with a new warehouse — a 72,000-square-foot facility — and several hundred new jobs off Broening Highway. The Seattle-based e-commerce giant opened the so-called delivery station this week at 2100 Van Deman St. The facility is Amazon’s fourth major warehouse in the city and is located near its original city-based complex in Southeast Baltimore, where the retailer first opened a 1 million-square-foot warehouse in 2010 at a former GM plant off Broening Highway between Canton and Dundalk.

With another school year starting amid a global pandemic, schools are seeking new ways to keep students engaged in all or partially virtual learning environments. Enter a growing local startup that combines video gaming with science, technology, engineering and math (STEM) education, and is ready to scale its business with $1.5 million in new funding.

A proposed high-speed magnetic levitating train line that would get travelers from Baltimore to Washington, D.C., in 15 minutes has been grounded before it could even get rolling. Baltimore City Circuit Court Judge Kendra Ausby tossed maglev builder Baltimore Washington Rapid Rail’s attempt to condemn property in Wesport because the company did not get necessary approval from the mayor and City Council.

BGE COO and President Stephen Woerner — who helped lead the company’s transitions with Constellation Energy and Exelon Corp. — is leaving the local energy giant for a new job in Boston. Woerner said on Monday he is moving on after 31 years at BGE to become president of National Grid New England, an international energy company with offices in the U.S. and headquarters in London. The company’s operations in the U.S. are focused on New England markets.