Wednesday, October 23, 2024 | Baltimore, MD
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The latest vision for transforming the Columbia Gateway office park: a new downtown

On a recent Friday afternoon, the scene outside the decades-old office buildings of Columbia Gateway is eerily quiet. Few people are strolling outside, and there are parking lots as far as the eye can see. The tired late-summer sun shines on the occasional car driving along the streets, which pass “For Lease” signs at almost every other building.

bird's eye view photography of houses
Housing developer gets $116M for three projects

A large nonprofit affordable housing group has secured $116.4 million in financing to build and update 313 low-income unitsin Baltimore and Annapolis. Enterprise Community Development is aiming to break ground and launch overhauls of the units by the end of the year. The three projects will be in Annapolis and in the Irvington and Park Heights neighborhoods of Baltimore and plan to seek seniors, homeless veterans and families as tenants, said Janine Lind, president of Enterprise.

‘It was heartbreaking’: Pava LaPere remembered by colleagues, others at conference

Pava LaPere’s colleagues at EcoMap Technologies helped make one of her dreams come true on Tuesday. LaPere, an up-and-coming tech CEO, was remembered at the EcoMap SuperConnect Conference. Maryland Gov. Wes Moore and LaPere’s colleagues had a lot to say. “Her loss was not only tragic, it was heartbreaking,” Moore said.

 

Read More: WBALTV
Medium Rare closes in Hampden after less than a year and nearly $500K in losses

Steak and fries chain Medium Rare has closed its Baltimore location after less than a year in operation, according to founder Mark Bucher. Since the restaurant opened in Hampden’s Rotunda in November, “our losses were massive,” Bucher said, totaling $480,000. The restaurant — which originated in Washington, D.C., and has locations in Columbia and Bethesda, Dallas, New Orleans, and Arlington, Virginia — is “killing it everywhere else.”

Food Aisle on Supermarket
The Fed sees its inflation fight as a success. Will the public eventually agree?

With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that it’s all but conquered inflation after three long years. The public at large? Not so much. Consumer surveys, including one released Friday by The Associated Press-NORC Center for Public Affairs Research, show that most Americans remain unhappy with the economy, still bruised by an inflation rate that hit a four-decade high two years ago as the economy rebounded from the pandemic recession.

Read More: AP News
GM’s EV sales momentum is finally building as new vehicle lineup fills out

If everything had gone to plan for General Motors over the last three years, the Detroit automaker would be well on its way to catching Tesla in sales of electric vehicles. In October 2021, GM CEO Mary Barra declared the automaker would “absolutely” catch up to the U.S. EV leader by 2025. Instead, after slower-than-anticipated EV adoption across the industry and GM-specific challenges with production, software and supply chains, the company remains well behind Elon Musk’s carmaker, as well as Hyundai Motor/Kia and Ford Motor.

Read More: CNBC
Maryland poultry farmers urged to practice bird-flu security during fall migration

The Maryland Department of Agriculture is reminding Maryland poultry farmers to remain vigilant and practice enhanced biosecurity on their farms as the annual fall migration gets underway. Cases of Highly Pathogenic Avian Influenza (HPAI) continue to be detected in wild birds and poultry flocks in the Atlantic Flyway.

City, owner of Brewers Hill apartment complex at odds over rental license after pool problem prompts condemnation

The city and the owner of an apartment complex in Baltimore’s Brewers Hill that was partially evacuated due to structural problems are at odds over whether it had a rental license. A city spokesman said Monday that Axel Brewers Hill had been operating without a city rental license for nearly a year. A representative of Excelsior Communities, which bought the complex in 2021, said there’s been no lapse in its rental license.

 

Read More: Baltimore Sun
work flow
MD adds 2,700 jobs in August; unemployment remains below national average

Maryland added 2,700 total jobs in August, including 1,900 in the private sector, according to monthly data released Friday by the U.S. Department of Labor’s Bureau of Labor Statistics. Maryland’s growth rate in August matched the nation’s rate at 0.1%. Over the first eight months of the year, Maryland’s economy has added 31,800 jobs and grown by 1.2%, faster than the national rate of 0.9%.

David Rubenstein long ago moved on from Baltimore. Now he’s king of Birdland.

As a boy, David Rubenstein lived in a red-brick rowhouse house on Fallstaff Road in Northwest Baltimore. He went to City College high school, where he was friends with future Baltimore Mayor Kurt Schmoke and gravitated toward government and civics studies. At 75, he’s the fun-loving owner of the Orioles, turning up game after game at Camden Yards as the team limps toward the playoffs.

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