Two developers are seeking the rights to build a residential and retail complex on a prime half-acre site downtown once planned to hold an $80 million dual Hyatt-brand hotel project known as City Center.

Tagged with: Baltimore Development Corporation bid construction Development Downtown Partnership of Baltimore Inc. J. Kirby Fowler Jr. M.J. "Jay" Brodie proposal site

WASHINGTON  — Another strong gain in homebuilding pushed U.S. construction spending up for a third straight month in June, a further indication that the battered housing industry is showing signs of life. Construction spending rose 0.4 percent in June following ...

Tagged with: commerce department construction construction spending Economy jobs spending standard & poor's/case-shiller index

WASHINGTON — Americans signed fewer contracts to buy previously occupied homes last month, the latest sign the housing market recovery is uneven. The National Association of Realtors said Thursday that its index of sales agreements fell 1.4 percent last month ...

Tagged with: builders construction contracts Economy home sales housing market inventories National Association of Realtors single-family homes

Baltimore Washington International Thurgood Marshall Airport has been awarded a $12 million grant to improve and upgrade runaways. The Capital of Annapolis reports that the grant from the U.S. Department of Transportation will be used for the first phase of ...

Tagged with: air travel BWI Thurgood Marshall Airport construction federal aviation administration u.s. department of transportation

WASHINGTON — Americans bought fewer homes in June than May, indicating the weak economy could make a modest housing recovery choppy. The National Association of Realtors said Thursday that sales of previously occupied homes fell 5.4 percent in June to ...

Tagged with: builders construction Economy first-time buyers home sales homes housing market job market National Association of Realtors previously occupied homes prices

WASHINGTON — Home construction is making a long-awaited recovery that could help energize the U.S. economy. From areas like Phoenix that are finally arising from the housing bust to cities like Chicago and Minneapolis where strong economies have lifted demand, ...

Tagged with: builder confidence builders commerce department construction Economy housing starts National Association of Home Builders new homes permit sales single-family homes

Confidence among U.S. homebuilders is swelling to a five-year high, with many now anticipating that sales of new homes will strengthen this year even as signs point to a slowing economy. The National Association of Home Builders/Wells Fargo builder sentiment ...

Tagged with: confidence construction Development Economy homebuilder housing new homes Real Estate Recession sales united states

MORGANTOWN, W.Va. — The regional grid operator for West Virginia and 12 other states says there may no longer be a need for the Potomac-Appalachian Transmission Highline. The State Journal says analyses by PJM Interconnection may not support construction of ...

Tagged with: construction Economy Energy maryland mid-atlantic pjm interconnection Potomac-Appalachian Transmission Highline power west virginia

Organizers of the Grand Prix of Baltimore plan to construct the race track in 32 days, working during the night to make the 12-turn, 2-mile circuit come together. Construction will begin near the intersection of Light and Conway streets on ...

Tagged with: andretti sports marketing Baltimore Baltimore Racing Development construction downforce event Grand Prix Grand Prix of Baltimore indy car Inner Harbor labor day race on llc weekend

WASHINGTON — U.S. service companies grew in June at the slowest pace in nearly two and a half years, more evidence that the economy has weakened. But those same firms boosted hiring last month, supporting other data that show job ...

Tagged with: construction economists financial services gas prices growth hiring Hotels institute for supply management Retail service companies