By: Jon Sham
New restaurants come to West Baltimore and Arundel Mills and a new (and controversial) fountain coming to Union Square are among the most-read business stories of the week. The list also includes the Baltimore Grand Prix receiving new management. The Top 5 business stories of the week are:
1. Panera Bread opening on W. Baltimore St. — by Daily Record Staff
Panera Bread, a national chain of fast-casual restaurants, plans to open its third location in Baltimore City Wednesday at 400 W. Baltimore St., a retail redevelopment project across from the Hippodrome Theatre.
More than 50 full-time and part-time employees are expected to work in the 4,671- square-foot restaurant.
2. Suns could set on Hagerstown — by Maria Zilberman
The majority owner of the Hagerstown Suns has signed a letter of intent to move his minor league baseball team to Winchester, Va., but citizens in that community are pushing back against the idea.
The potential move comes after Major League Baseball and the Washington Nationals, with whom the Class-A Suns are affiliated, requested improvements to 82-year-old Municipal Stadium, where the team has played since 1981.
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By: Jon Sham
A legislative audit has faulted the state Department of Business and Economic Development in four areas, and a sweet shop in Annapolis opened just in time for Valentine’s Day. Those stories and more in this week’s business top 5.
1. Stevenson, Metro Centre plans drive economic activity in Owings Mills – by Melody Simmons
A $500 million development now under way may help spark the final push needed to solidify the economic activity envisioned for Owings Mills when planners designated this northwest Baltimore County corridor as a growth area more than 30 years ago.
From Interstate 795, the area’s skyline is marked with the symbol of the expansion: a towering crane at the construction site of a six-story, 120,000-square-foot structure to house a new public library and branch of the Community College of Baltimore County as part of the Metro Centre at Owings Mills development.
2. Hollywood Diner opens its doors again – by Jon Sham
With a new look, new staff and some new menu items, the Baltimore landmark Hollywood Diner has reopened after being closed during January.
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By: Jon Sham
A small Baltimore news website met its fundraising goal… and then some, and Hunt Valley-based AAI Corp. laid off nearly 200 employees this week. Those stories and more in this week’s business top 5.
1. Cross Keys sale appears near – by Melody Simmons
The sale of The Village of Cross Keys in North Baltimore to an Olney-based developer is under negotiation and could close as early as March, sources close to the pending deal said Tuesday.
General Growth Properties Inc., which put the upscale shopping center on the market last summer after it emerged from bankruptcy protection, is finalizing the sale to the Carl M. Freeman Companies for an undisclosed price, sources said.
2. AAI lays off 184 in Hunt Valley – by Maria Zimmerman
AAI Corp., a Hunt Valley-based aerospace and defense company, laid off 184 employees Tuesday at its Baltimore County location as part of a 217-person, companywide reduction.
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By: Danny Jacobs
An IPO splash by a Baltimore tech company and a look at the upcoming General Assembly legislative session are among the most-read business stories of the week. But news of the potential seizure of vehicles from a Baltimore city agency topped the list. Here are the Top 5 most-read stories:
1. Sheriff to begin seizure process for Baltimore Housing Authority property to pay for lead paint judgment — by Melody Simmons
The Baltimore City Sheriff will begin the process of seizing nearly two dozen trucks, computers and other office supplies owned by the Housing Authority of Baltimore City Wednesday to auction and pay an outstanding lead paint poisoning judgment against the agency.
The process will identify and help appraise the property, held at 417 E. Fayette St., the address of the Housing Authority. Information collected will be used as part of one levy against the authority, which has been ordered to pay a total of nine judgments of nearly $12 million from state courts to victims of lead paint poisoning.
2. Baltimore-based Millennial Media files for $75M IPO — by Ben Mook
Mobile phone ad firm Millennial Media Inc. filed for an initial public offering on Thursday, valuing the Baltimore-based company’s stock at $75 million.
Millennial did not indicate which stock exchange it planned to be listed on and did not give a time frame for the public offering. The IPO has been expected since last year as the company continued to gain market share in the mobile advertising industry.
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By: Danny Jacobs
It seems food was never far from the minds of The Daily Record’s online readers in 2011. News about the comings and goings of supermarkets in Baltimore and Maryland are among the most-viewed business stories of the year online. The list also includes personnel changes at The Baltimore Sun and Rosecroft Raceway getting a new owner.
The Top 5 most-viewed business stories online of 2011 are as follows:
1. Fresh & Green’s opens in downtown Baltimore — July 1
Downtown Baltimore’s former Superfresh store reopened Friday, albeit a couple of hours later than officials said it would, with its new name, Fresh & Green’s, and new ownership.
Fresh & Green’s is owned by Scarsdale, N.Y.-based Mrs. Green’s Management Corp., which recently bought 10 local Superfresh stores in a joint venture. The store at Charles and Saratoga streets was mostly full of inventory and new produce Friday.
Many of Superfresh’s employees who re-applied for jobs were hired at the new store, said Matt Williams, CEO of parent company Natural Market Restaurants Corp., which owns the Mrs. Green’s chain.
2. Baltimore Sun looking to buy out up to 25 employees — Aug. 10
Management at The Baltimore Sun gave a buyout proposal to the Washington-Baltimore Newspaper Guild Wednesday, looking to cut from 20 to 25 positions.
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By: Danny Jacobs
Who doesn’t enjoy a good love story? The “engagement” of two of Baltimore’s beloved icons was the most-read Maryland Business blog post in 2011.
Other popular posts included the rebirth of a legendary Baltimore restaurant, new development in Canton and the search for a Hollywood star shooting on location in Charm City.
The most-read blog posts of the year are as follows:
1. Boh and wife –May 11
This Saturday, Natty Boh and Miss Salie Utz are getting hitched. Or chipped. Or whatever chips and beer do together.
You may have seen the billboard on the JFX. Natty Boh, mascot of National Bohemian Beer, proposed to Miss Salie Utz, of Utz Snacks fame, in 2007. Four years later the two are finally getting married.
2. Harris Teeter, Target announcement coming soon for Canton Crossing — Nov. 4
Owners of Canton Crossing, the new development now making its way through planning approvals in the city, are gearing up to announce two anchors: Harris Teeter and Target.
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By: Danny Jacobs
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.
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