Maryland Daily Record Maryland's trusted source for business and legal news

The COVID-19 pandemic is expected to slow commercial real estate markets over the next two years, but the damage to the sector will fall short of what the industry suffered in the wake of the 2008’s Great Recession, according to ...

Tagged with: Maryland business COVID-19

Every $1 spent providing legal services to low-income residents facing eviction generates a 624% return on investment for Baltimore and Maryland, according to a report released Monday. With hundreds of thousands of state residents out of work because of the ...

Maryland has granted Howard County Executive Calvin Ball’s request to defer payments on recovery loans made to Ellicott City businesses damaged in a pair of deadly floods. The Department of Housing and Community Development said it is postponing until September ...

Baltimore Mayor Bernard C. “Jack” Young announced Tuesday that the city will spend $13 million in federal grant money to help residents avoid eviction. During an afternoon news conference at the War Memorial Building, Young said he’s dedicated Community Development Block ...

The Hanover Co. said its inked its first retail lease at the Houston-based firm’s 299-unit luxury-apartment building The Hanover Cross Street at Stadium Square. Orangetheory Fitness agreed to lease roughly 3,600 square feet of ground-floor space at the property, and ...

Gov. Larry Hogan will allow a bill providing state financing for upgrades at racing facilities that supporters say ensures the future of Preakness Stakes in Baltimore and the horse racing industry in Maryland to become law without his signature. The ...

Construction starts in the Baltimore metro area in March outpaced the year before despite the COVID-19 pandemic, according to a recent report. While emergency orders issued by Gov. Larry Hogan have kept most workers at home, labor on new buildings ...

Amazon plans to open another massive fulfillment center at the Tradepoint Atlantic development on Sparrows Point. Tradepoint Atlantic said Thursday that Amazon plans to add a 1-million-square-foot property. The online retailing and cloud infrastructure behemoth already operates an 855,000-square-foot fulfillment ...

Baltimore City Council President Brandon Scott has proposed restricting landlords from raising rents during and after a declared state of emergency. The move to block rent increases is the latest gambit amid a larger debate in Maryland over addressing concerns ...

Tagged with: Maryland business COVID-19

While Cross Street Market has delayed the start of its farmers market, officials say the market remains on track to start running in May. Caves Valley Partners and CANAdev, which operate the public market in Federal Hill, said Tuesday the ...

Tagged with: Maryland business COVID-19