Dec 2, 2011
Top 5 – ‘Maryland is unique in that’
A new, luxury rental development opening in Owings Mills and Gov. Martin O’Malley announcing early successes during his trade mission to India are among the most-read business stories of the week. Also making the list is Disney pulling out of National Harbor and the auction of undeveloped lots in Camden Crossing. Here are the Top 5 stories of the week:
1. Doctors now can’t profit from sending patients for MRIs — by Ben Mook
Nearly nine months after a ruling by the state’s highest court took effect, the Maryland Board of Physicians has fully implemented a ban on orthopedists, cardiologists and other doctors from referring patients for treatment on MRI or CT machines in which the doctors have a financial interest.
State law prohibited such self-referrals, but it took a supporting decision by the Court of Appeals in January before the physicians board could move forward with ensuring compliance with the law. A subcommittee of the Maryland Senate this week began a review of the board, which is a semi-independent division of the Department of Health and Mental Hygiene, amid concerns of its performance as the agency overseeing physician misconduct.
2. Luxury rentals open in Owings Mills — by Melody Simmons
The first residents in a new 375-unit luxury rental development in Owings Mills are moving in following completion of phase one of construction at The View at Mill Run.
The luxury market-rate rental apartment home community will have 10 four-story buildings when it is complete in late 2012, officials of developer Sidney Emmer LLC said Monday.
3. Disney pulls out of National Harbor development — by Nicholas Sohr
The Walt Disney Co. has scrapped plans for a 500-room resort hotel that would have added another marquee name to the National Harbor development in Prince George’s County.
The entertainment giant made the announcement late Friday and on Monday, the developer of the 300-acre project said National Harbor will move on without Disney.
4. 45 Camden Crossing lots will be auctioned — by Melody Simmons
The 45 remaining undeveloped lots of the $30 million Camden Crossing townhome development in Washington Village are set to be auctioned by Columbia Bank on Dec. 15.
Metroventures Properties Inc., owner of the development, has defaulted on a debt of $400,000 on the property, said David K. Lowry, executive vice president for auctioneer Tranzon LLC.
“The lots will be sold an entirety, we will not offer the lots individually,” Lowry said.
5. O’Malley’s trade trip nets 4 deals on first day in India — by Nicholas Sohr
Maryland businesses signed four deals with Indian counterparts shortly after arriving in the country as part of a trade mission headed by Gov. Martin O’Malley, the governor’s office announced Monday.
The initiatives range from a highway engineering contract for a Montgomery County firm to the development of a 24-hour health care helpline with a call center in Prince George’s County, according to the state Department of Business and Economic Development.


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