Business

The Baltimore Convention Center and Oriole Park at Camden Yards will soon have at least one thing in common — their food and beverage vendor. Levy Restaurants will take over food and beverage services at the convention center starting July 2. The new 10-year contract marks a change from the center’s current vendor, Sodexo Live!, which oversaw operations for the last 14 years.

With a deal for a new $2 billion arena in Virginia stalled, Wizards and Capitals owner Ted Leonsis finds himself in a predicament: He may have to go back to the negotiating table with D.C., whose offer of $500 million for renovations to an existing arena he already spurned — or find another potential suitor. Does that mean Maryland could become an option for the sports and entertainment district he envisions?

BioFactura Inc. has signed a lease with Baltimore-based St. John Properties, Inc. for an additional 12,000 square feet of space at Riverside Tech Park, a 70-acre business community in Frederick. The biotechnology firm has occupied 5,520 square feet of space at 8435 Progress Drive in Riverside Technology Park since 2015, and this expands the company’s presence to 17,520 square feet of space within the building.

Before the Ravens 2024 season begins, M&T Bank Stadium will host two of the most recognizable brands in sports: Spain’s FC Barcelona and Italy’s AC Milan. The soccer match, to be played Aug. 6, will be the first international pro soccer competition at the football stadium since 2022, when Everton and Arsenal of the English Premier League played in what was dubbed the “Charm City Match.”

The Johns Hopkins University professor behind several Baltimore companies that have sold for hundreds of millions of dollars is launching a new venture to treat cancer, but this one is based outside the city. Hopkins cancer geneticist Bert Vogelstein’s new firm, Clasp Therapeutics, launched Wednesday morning with $150 million in financing led by Catalio Capital Management, Third Rock Ventures and Novo Holdings, with participation from other health-focused investors such as the investment arm of Baltimore’s BlackBird Labs.

A hotel near Camden Yards will combine beer, brats and baseball in a new pop-up concept opening for the upcoming baseball season. The Hilton Baltimore Inner Harbor at 401 W. Pratt St. will debut Boot & Brats Biergarten on March 28, which is also Opening Day at Oriole Park at Camden Yards. The city-owned hotel’s outside beer garden aims to draw out-of-town guests and locals.

As Major League Baseball’s opening day approaches, so, too, does the official transfer in Orioles ownership. The Angelos family — longtime owners of the Orioles — agreed earlier this year to sell the club and its assets, valued at $1.725 billion, to a group led by Baltimore native and billionaire David Rubenstein. The sale of a controlling stake has received preliminary approval from a committee of MLB owners, but is awaiting formal approval from a full vote of owners.

Here’s your chance to own one of Baltimore’s favorite liquor stores: The Wine Source in Hampden is up for sale. The cavernous, 9,640-square-foot shop carries a wide selection of alcohol and other beverages as well as nonalcoholic products like artisanal bread and cheeses. The firm brokering the sale hopes it will stay that way.