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Real Estate

Pittman awaits Anne Arundel development moratorium advice

Anne Arundel County Executive Steuart Pittman expects to know in a few weeks whether a development moratorium along two major thoroughfares is feasible, but he says  he’s considering alternatives to stave off more traffic adding to the danger on congested roads. ...

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Md. chambers of commerce back maglev linking Baltimore and DC

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

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

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

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

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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Homicides hammer Baltimore, other urban real estate markets

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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Baltimore luxury apartments outperformed by suburban competitors

Suburban luxury apartments outperformed their competitors in Baltimore in every benchmark during the third quarter of 2019, but rent growth in the city was particularly underwhelming, according to a new report. Rent for the city’s Class A apartments increased by ...

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