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Author Archives: Adam Bednar

Adam Bednar covers real estate and development for The Daily Record.

Md. chambers of commerce back maglev linking Baltimore and DC

Wayne Rogers, chairman and CEO of Northeast Maglev. (The Daily Record/Adam Bednar)

Potential for Northeast Maglev’s proposed high-speed train line to bolster the regional economy by reducing congestion between Washington and Baltimore has convinced a quartet of business advocacy groups to endorse the scheme. Representatives from the chambers of commerce from Baltimore, ...

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Anne Arundel executive moves to control ‘reckless’ development

"It's not a pretty picture," says Anne Arundel County Executive Steuart, shown here in 2018, in assessing the county's rising rate of coronavirus transmission. (AP Photo / Brian Witte)

A year after Steuart Pittman took office, the horse trainer turned Anne Arundel County executive is aiming to rein in “reckless” growth in the jurisdiction. Taming development in the county, Pittman said, is the major reason voters backed him in ...

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State Center issues to linger despite Hogan’s redevelopment orders

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Fixing the crumbling State Center complex in Baltimore was the itch Gov. Larry Hogan couldn’t scratch, an irritant that lingered from the time he took office in 2015 and which seemed poised to peeve him through his remaining time in ...

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Hogan’s State Center proposal stirs skepticism and optimism

John E. Kyle, president of the State Center Neighborhood Alliance, and Caroline Moore, CEO of Ekistics LLC, managing member of State Center LLC, sign a community benefits agreement for the redevelopment of  State Center in 2016. Kyle said Tuesday that his neighborhood organization has concerns about Gov. Larry Hogan's plans for State Center.  (The Daily Record/File Photo)

Gov. Larry Hogan said on Tuesday his plan to permanently relocate roughly 3,300 employees from the State Center complex in Baltimore to space downtown clears the way to redevelop that property with a project that can be backed by surrounding ...

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Maryland approves tax incentives for ‘Music City’ in Catonsville

Piano teacher Maria Scott working with 8 year old Davis Maistros. (The Daily Record/Maximilian Franz)

Maryland named Catonsville Baltimore County’s first Arts & Entertainment District on Monday, granting the area tax incentives aimed at boosting arts related businesses. Home to a collection of music stores and nearby performance venues, Catonsville has sought to brand itself ...

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In ‘Healthy Holly’ scandal, financier was key Pugh backer

Law enforcement officers search a home of Baltimore Mayor Catherine Pugh on Thursday morning on Ellamont Street in Baltimore. (The Daily Record / Tim Curtis)

J.P. Grant, founder of Grant Capital Management, has previously shown a willingness to go the extra mile to help out a big account. In 2012 the ill-fated Baltimore Grand Prix was on the ropes. But just months before the race ...

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In a hushed courtroom, a stoic Pugh admits to her crimes

Former Baltimore mayor Catherine Pugh, right, leaves U.S. District Court in Baltimore on Thursday, Nov. 21, 2019. An 11-count federal indictment accuses Pugh of arranging fraudulent sales of her "Healthy Holly" books to schools, libraries and a medical system to enrich herself, promote her political career and fund her run for mayor. (AP Photo/Steve Ruark)

Former Mayor Catherine Pugh walked into U.S. District Court Judge Deborah Chasanow’s courtroom on Thursday flanked by her attorneys, wearing a long black coat and looking somber. After she entered the room shortly before 1 p.m. Pugh sat down between ...

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Homicides hammer Baltimore, other urban real estate markets

In this May 24, 2015, file photo, police pick up a pair of shoes after a double shooting in Baltimore. Residents in West Baltimore say they’ve been victims of excessive policing in this neighborhood where street crime and drug-dealing have been endemic. Now, one month after riots erupted in the wake of the death of Freddie Gray in police custody, homicides and shootings are up and those same residents feel like they’ve been abandoned and left to fend for themselves. (Colin Campbell/The Baltimore Sun via AP, File)

Baltimore’s residential real estate market is bearing the brunt of the economic consequences from the city’s continued struggle with violent crime. Earlier this month Baltimore surpassed 300 homicides for 2019 marking the fifth consecutive year killings surpassed that milestone. While ...

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