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Real Estate

Developer behind $140M Penn Station overhaul to seek city, state backing

Amtrak is set to invest $90 million overhauling Baltimore’s Penn Station, but plans for a larger redevelopment may depend on securing local backing. Penn Station Partners proposes a $140 million redevelopment of the historic rail station to include office, hotel ...

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Howard County General first to back affordable housing effort

Howard County General Hospital, in a bid to retain workers, has signed on as the first employer to participate in a strategy aimed at supplying affordable housing in downtown Columbia. Hospital President Steve Snelgrove said his Johns Hopkins Medicine-affiliated institution ...

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Former site of Baltimore County treatment center sold

The former site of Good Shepherd Services Campus in Baltimore County was sold to H & H Rock Companies for an undisclosed amount, officials said Tuesday. The nearly 72-acre property at 4100 Maple Ave. in Halethorpe was sold through Newmark ...

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SunTrust finances $60M for Roland Park Place expansion

SunTrust Banks Inc. said on Monday it plans to provide $60 million in financing for a planned expansion of Roland Park Place. Roland Park Place, a nonprofit senior living community, plans an additional eight-story tower. The new building will have ...

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Greenebaum Enterprises plans downtown Towson office tower overhaul

Greenebaum Enterprises and Caves Valley Partners have teamed up to overhaul a downtown Towson office building surrounded by new development. The developers plan a $1 million overhaul of a property, previously listed as 29 W. Susquehanna Ave., now rebranded as ...

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Demolished historic Baltimore mill properties’ owner pursues apartment building

The property owner who razed historic mill properties in Baltimore’s Woodberry neighborhood has resumed efforts to build apartments on the obliterated buildings’ site. JP2 Architects LLC presented schematics for a 51-unit apartment building at 3511 Clipper Mill Road to Baltimore’s ...

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SB & Company relocates to Owings Mills

SB & Company has signed a lease with David S. Brown Enterprises LTD to relocate the certified public accounting and business advisory firm to Owings Mills, company officials announced Thursday. The company signed a lease for 15,434 square-feet of space ...

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Baltimore mayor not sweating weather’s impact on waterfront development

Baltimore Mayor Bernard C. “Jack” Young said a severe storm that hammered the city and the potential for persistent extreme weather stemming from climate change doesn’t cause him concern about waterfront development in the city. Despite a strong storm on ...

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Development cap may take a big bite out of Howard County’s revenues

Howard County Executive Calvin Ball’s administration is warning that a measure he backed as a councilman to lower the threshold for halting real estate development due to school enrollment could slash the county’s net revenues by $152 million over the ...

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Meeting slated to review $140M Penn Station overhaul

The development team leading a $140 million overhaul of Baltimore’s Penn Station plans a second public meeting next week to hammer out details for how to transform the historic train station. This marks the second meeting to gather public input on the ...

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