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Office construction in Greater Washington hits a low point

We noticed something about our List this year of the biggest ongoing construction projects. Do you see it? There’s a distinct lack of new office projects. With the next phase of Amazon’s HQ2 campus on pause, the only private office developments on our List this year are 17xM, a new Skanska office building at 1700 M St. NW, and the renovation and repositioning of Metro’s former headquarters as 600 Fifth, at 600 Fifth St. NW in Penn Quarter. Compare that with 2019, when we had nine major office projects on our List.

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Baltimore competes to become a federal tech hub that could bring 52,000 jobs

Baltimore-area leaders aim to be in the running to become a national tech hub similar to Silicon Valley or Boston as the city competes for a federal designation and billions of dollars in funding. A 35-member consortium led by the Greater Baltimore Committee is finalizing a bid seeking to become one of 20 or more cities or regions chosen for the federal Tech Hubs Program. If it succeeds, federal funding — an estimated $500 million over five years — is expected to generate $3.2 billion in economic impact and 52,000 jobs by 2030 in a region including Baltimore and seven surrounding counties, GBC officials say.

Read More: Baltimore Sun
Amtrak Vermonter stop at the Montpelier, Vermont station.
Amtrak files eminent domain suit to acquire four Baltimore properties for tunnel project

Amtrak is seeking to use eminent domain statutes to seize control of four properties in Baltimore’s Bridgeview neighborhood to make way for the planned multi-billion-dollar replacement of a passenger rail tunnel that connects Baltimore and Washington, D.C. The National Railroad Passenger Corp., which does business as Amtrak, filed a complaint in U.S. District Court of Maryland Thursday asking the court to grant them possession of four properties in the 1000 block of North Payson Street.

Public Service Commission orders BGE to remove ‘electrification’ plan from rate increase proposal

Maryland’s utility regulator has ordered Baltimore Gas and Electric Co. to remove a controversial electrification plan from its proposal to raise customers’ gas and electric delivery rates. A proposed BGE rate hike, under review by the Public Service Commission, would allow the utility to invest not only in improving the electric grid and natural gas system but also in electrification programs to promote electric vehicle use and building efficiency, BGE has said.

Read More: Baltimore Sun
Someone destroyed an activist’s food truck. Now he’s back feeding the hungry.

His organization has distributed millions of pounds of food over the years that distributors, such as Amazon and Walmart, give to his organization after it reaches its expiration date. He donates the still edible food to groups and residents in the city’s low-income, mostly Black and historically disenfranchised neighborhoods. He said it’s his way of mitigating racism that has driven away resources, including grocery stores and food wholesalers. If getting food should be “as easy as breathing,”

Md. grocer sues USDA after ‘criminal past’ blocked his business from accepting SNAP benefits

A Maryland grocer is suing the U.S. Department of Agriculture over a policy that he claimed blocked him from accepting Supplemental Nutrition Assistance Program — commonly known as SNAP — benefits from customers.Altimont Mark Wilks, who owns Carmen’s Corner Store with locations in Frederick and Hagerstown, Maryland, said he started the two stores after spending 14 years in prison for felony drug and weapons convictions.

 

Read More: WTOP
Baltimore contractor ordered to pay $550K in penalties for failing to perform work

A Baltimore home improvement contractor will have to pay $550,000 in restitution and civil penalties for violating the Consumer Protection Act, Maryland Attorney General Anthony Brown said Thursday. Phoenix Home Remodeling Group LLC, a roofing, siding and window contractor, was charged by the Attorney General’s Consumer Protection Division in December 2022 with taking deposits for home improvement services and then failing to complete the promised work.

Rockville company working on HIV cure will go public

Rockville, Maryland-based American Gene Technologies International will spin off is Addimmune division as a publicly traded company through a special purpose acquisition company. Addimmune is developing a gene and cell therapy that make gene modifications to T-cells that harden those cells against HIV infection and depletion, and that may allow those cells to target and kill HIV, the precursor to AIDS, instead of being killed by the virus.

Read More: WTOP
More than 200 laid off in Maryland due to Yellow Corp. shutdown

More than 200 people in Maryland have lost their jobs as a result of a national trucking company’s bankruptcy. Yellow Corp. (NASDAQ: YELL) and one of its subsidiaries closed four facilities in the state, located in Baltimore City, Howard County, Prince George’s County and Washington County, as the company shuts down its operations across the country.

Montgomery County reports lowest non-seasonal June unemployment in decades

The June 2023 preliminary unemployment rate in Montgomery County showed the lowest non-seasonal June rate in more than 30 years at 1.5%, according to information from the Bureau of Labor Statistics’ State and Local Area Unemployment Statistics series and released Wednesday by the Montgomery County Economic Development Corporation. This key metric is the lowest of any June tracking to 1990. It was also lower than Maryland’s overall rate, which was 1.7%, compared to the Washington MSA at 2.5% and the national average at 3.8%.

 

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