Business

Donohoe Development Co. has disclosed new details for plans to build several flex and self-storage buildings on a publicly owned industrial parcel it has under contract in Silver Spring — a project that represents something new for both the submarket and the company. The Bethesda-based developer said this week that it plans to construct four buildings totaling 400,000 square feet on the roughly 10-acre lot at 8800 Brookville Road.

California-based discount grocer will add another Greater Baltimore location with plans to move into the space vacated by a Price Rite in a Baltimore County shopping center. Grocery Outlet Holding Corp. (NASDAQ: GO), a bargain grocer with more than 400 stores across the U.S., is slated to join Rosedale Plaza at 1753 Chesaco Ave. in the space Price Rite left in October 2023.

The University of Maryland’s Robert H. Smith School of Business has launched the Center for Artificial Intelligence in Business to conduct research and outreach in order to realize the potential of AI through intentional design and governance frameworks centering on human judgment and creativity. The center will work in conjunction with the university’s newly announced Artificial Intelligence Interdisciplinary Institute at Maryland (AIM). 

When he woke on March 26 to the news that Baltimore’s Key Bridge had collapsed, Michael Haft, co-founder of Compass Coffee, dialed his chief operating officer. “You have to reroute all of our coffee immediately,” Haft recalled saying. The collapse upended the supply chain for the D.C.-based roaster, which imports most of its beans through the Port of Baltimore.

The University of Maryland Medical School is creating a for-profit entity to add a new revenue stream and establish a network of primary care doctors. The for-profit will be an arm of the University of Maryland Faculty Physicians Inc., a group of over 1,200 medical school faculty who offer clinical care across the state. The new business structure will allow the University of Maryland to utilize private financing and new reimbursement structures.

People in Baltimore’s Lauraville and Beverly Hills neighborhoods have long known the sprawling brick building in the 4500 block of Harford Road as The Markley Hotel, though it’s not clear whether it ever hosted overnight guests. A new chapter is starting for the former D. Markley Supply Co. seed and general store and warehouse as a community hub, with student housing for Morgan State University next door.

The ownership group of The Mint Room, which operates three restaurants specializing in traditional delicacies from northern India, has chosen Columbia Palace Plaza in Columbia as the site of its first quick-service restaurant (QSR) concept. The restaurant chain, owned by Prince Anand, has signed a lease with Continental Realty Corporation (CRC) for 2,500 square feet of space within the Giant Food-anchored center and plans to open later this year.