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

Efforts to lure customers back to Lexington Market plod along after video of a rat scurrying through a case of baked goods went viral this summer. Robert Thomas, executive director of Lexington Market and the Baltimore Public Markets, said his ...

Maryland has approved the creation of three tax-incentive zones around universities in the state. The Maryland Department of Commerce authorized three Regional Institution Strategic Enterprise Zones, also known as RISE Zones, around Morgan State University in Baltimore, Salisbury University, and ...

Tagged with: Montgomery College morgan state university RISE Zone salisbury university tax incentive

What its developers call the first chapter of the $5.5 billion overhaul of Port Covington in Baltimore has landed three tenants hoping to establish the project as “Cyber Town USA.” Lead developer Weller Development Co., and its partners, announced cybersecurity ...

Mark Washington stood in front of a boarded-up house in the tree-lined 2500 block of Garrett Avenue in northeast Baltimore explaining recent woes on the street. On that block in 2011 alone five people were shot, the executive director of ...

Baltimore lawmakers are considering mandating that developers awarded public financing pay workers higher wages. Legislation introduced in the Baltimore City Council Monday requires developers receiving $10 million or more in tax increment financing, or TIF, pay prevailing wages to laborers  working ...

Baltimore Development Corp. has hired a coordinator for its Opportunity Zone program, which provides federal tax incentives for investment in struggling communities.

Tagged with: benjamin seigel Development opportunity zones

Michelle Pourciau said before she became director of Baltimore’s Department of Transportation a year ago that the city didn’t have a comprehensive transportation plan. There’s now a baseline for a report in place, she said, during the Greater Baltimore Committee’s ...

Howard County’s plan to reduce flooding in Ellicott City involving demolition of historic properties needs more analysis, according to a third-party review. Engineering firm Simpson Gumpertz & Heger reviewed the county’s five-year flood mitigation plan, an engineering study and alternate ...

Baltimore’s office market showed strength in the third quarter despite a slowdown in leasing activity. Reports from various commercial real estate service firms found large move-ins bolstered recent results. The biggest of those moves include Johns Hopkins taking 177,940 square ...

The suburban Maryland home of the late John Glenn has been sold for $1.3 million.

Tagged with: bethesda John Glenn Montgomery County