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Real Estate

4 Baltimore neighborhoods focus of Clean and Safe program

Baltimore police and the mayor’s office will launch coordinated efforts in four neighborhoods attempting to simultaneously improve crime and grime, but Commissioner Michael Harrison warned there’s limits to what this type of operation can achieve. Mayor Bernard C. “Jack” Young ...

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Baltimore’s Lexington Market embraces past, looks to the future

Backers of a new $40 million Lexington Market building celebrated the groundbreaking as a new day for the historic market, but Nancy Devine has seen this before. The ceremony on Tuesday marked the third time Devine, whose family has owned ...

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Maryland bills hinder opportunity zone investment, advocates warn

ANNAPOLIS — Backers of a federal program touted as a pipeline for investment into downtrodden communities worry that a pair of General Assembly bills may curtail the initiative’s chances to succeed in Maryland. Bills under consideration by legislators would place ...

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New Lexington Market faces familiar foes — crime and urban decay

Standing outside Baltimore’s historic Lexington Market along Eutaw Street, Robert Carter, 64, ticked off a list of different stores in the area that have closed over the years. Dressed in a black kufi with thin red and green stripes, a ...

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Blueprint Local fund backs $140M Penn Station overhaul

Penn Station Partners has secured funding for its planned $140 million overhaul of Baltimore’s Penn Station from backer Blueprint Local — Blueprint’s first opportunity zone investment in the city. Blueprint Local is a joint venture between Brown Advisors and what ...

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Preakness bill reveals last-minute fixes, new provisions

ANNAPOLIS — Backers of a proposal to secure the Preakness Stakes’ future in Baltimore and build a year-round horse racing venue at Laurel Park were altering the bill until just before it was introduced. The flurry of late changes was ...

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Blue Ocean acquires 144-Unit multifamily community in Howard County

Owings Mills-based real estate firm Blue Ocean expanded its footprint into Howard County Tuesday, acquiring The River Front Apartments in Savage. Terms of the deal were not disclosed. This 144-unit, gated, residential community is centrally located in Howard County at 8954 River Island Drive, ...

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Montgomery Park wants MIA lease voided

Owners of Montgomery Park in southwest Baltimore asked the state’s contract appeals board Monday to void a lease approved by a spending panel, which includes Gov. Larry Hogan, to provide office space for the Maryland Insurance Administration. Maryland violated procurement ...

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Appeals panel sides with Montgomery Park in MIA lease fight

A Department of General Services procurement officer failed to use proper discretion in nixing a competitive process to select an office lease for the Maryland Insurance Administration, the state’s contract appeals panel has ruled. The DGS procurement officer responsible for ...

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