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Top 5: Penn National, Sonar and urban shrimp farming

A popular Baltimore music venue and nightclub reopened after neglecting to renew its liquor license, and a new take on shrimp farming… in Hampden. Those stories and more in this week’s business top 5.

1. Penn National close to selling Maryland Jockey Club stake – by Rachel Bernstein

Penn National Gaming Inc. is close to divesting its 49-percent share of the Maryland Jockey Club, including its ownership of Pimlico Race Course and Laurel Park.

D. Eric Schippers, a spokesman for the Wyomissing, Pa.-based company, said Tuesday that the company is near the end of its negotiations for selling the stake. Ontario-based MI Developments Inc. is the jockey club’s majority owner.

2. Families increasing in downtown Baltimore – by Rachel Bernstein

The number of families living in downtown Baltimore has increased significantly over the past 10 years, according to Downtown Partnership of Baltimore Inc.

Downtown Baltimore’s core area experienced the biggest population increase — 130 percent — since 2000, and the one-mile radius between Pratt and Light streets saw a 13.6 percent population increase during that time as well.

3. Hopkins business school dean Gupta stepping down – by Nicholas Sohr

Yash P. Gupta, the first dean of the Carey Business School, will step down at the end of June to take a top post at a Canadian telecommunications firm, Johns Hopkins University announced Monday.

Hopkins President Ronald J. Daniels said he will open a national search to find a replacement soon. Gupta’s last day will be June 30.

4. Sonar nightclub renews liquor license, reopens – by Rachel Bernstein

Baltimore nightclub Sonar is open for business again, complete with its liquor license in time for two sold-out shows this week.

The new license allowed the club to start selling alcohol Monday. Michael Stewart, one of the minority owners of the nightclub, was named the new licensee.

5. Urban farmers growing shrimp in Hampden – by Melody Simmons

In an old cinderblock building near the foot of 36th Street in Hampden, the latest addition to Baltimore’s urban farming push is under construction.

Large tanks, filters, drains and pipes are being fitted into the old building, which for years sat vacant and blighted. This summer, 1,000 larvae of freshwater shrimp, or prawns, will be released into water tanks inside.