The Baltimore Development Corp. is looking for someone to mow its lawns. OK, a bit of an exaggeration. But Baltimore’s quasi-governmental economic development group has released a request for proposal for landscape management professionals to maintain six business park, industrial ...
Read More »
Ground Up
The Daily Record's real estate blog
Multifamily marijuana amenities, man
Amenities are a big part of the game when developing high-end multifamily projects. In Baltimore we’ve seen a barrage of perks attached to high-end buildings such as an “urban park” being built as part of the 414 Light St. project ...
Read More »Census estimates raise question about Baltimore renaissance
Baltimore lost population between 2014 and 2015, according to U.S. Census Bureau population estimate, as the nation as a whole reverted to pre-housing bubble trends favoring suburban growth. The estimates only put Baltimore’s year-over-year population loss at less than 1,000 ...
Tagged with: Baltimore population U.S. Census Bureau
Read More »Prominent architect urges caution in Port Covington public financing
Baltimore-based architect Klaus Philipsen argues in a blog post published Monday that the city must be cautious in how it handles a request for $535 million in public financing for redevelopment of Port Covington. What is in order is a meticulous ...
Tagged with: Baltimore port covington Sagamore Development Co.
Read More »HarborView Towers council files for bankruptcy
The council, which oversees building maintenance, has been involved in lawsuits with an owner who claimed the group was slow to make repairs to the building.
Tagged with: Baltimore Inner Harbor
Read More »Do progressive policies hinder affordable housing?
NIMBYs represent the biggest obstacle to providing affordable housing in urban areas. At least that’s the argument put forth in a blog post on The New West, the official blog of the Western Political Science Association. In his post, Jason ...
Read More »Design panelist calls proposed Haussner’s apartments ‘depressing’
The design of an apartment building slated to replace the famed Haussner’s restaurant site received little love from Baltimore’s architecture review panel. The mixed-use project, which is expected to cost more than $10 million, was criticized by members of the ...
Tagged with: apartments Baltimore
Read More »Questar secures 414 Light St. funding
Questar Properties, the developer of the proposed 44-story apartment tower at 414 Light St., secured funding for the project. Citizens Bank announced on Friday it has provided a $107.28 million construction loan for what will be one of the tallest ...
Tagged with: Baltimore
Read More »Cushman & Wakefield: Don’t sweat stock market struggles
Commercial real estate services firm Cushman & Wakefield’s macro economic report predicts another solid year in the U.S. Economy. Moderate growth of about 2.4 percent GDP is expected in 2016. That level of GDP growth, along with the anticipated job ...
Tagged with: commercial real estate cushman & wakefield U.S. economy
Read More »Can office vacancy rate predict Super Bowl winner?
Researchers at JLL are predicting a victory by the Denver Broncos in the Super Bowl. But they aren’t using a complicated statistical analysis to pick a winner between the Broncos and Carolina Panthers who play Sunday at Levi’s Stadium in ...
Tagged with: JLL
Read More »