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As downtown Baltimore struggles, leaders eagerly await relocation of state workers
Last April, Gov. Larry Hogan announced a plan to move 3,300 state workers across 12 agencies into downtown Baltimore as an economic boost to the city’s central business district. It can’t come soon enough, city officials and business leaders say. The central business district has seen an increase in the already high commercial vacancy rate. […]
RBC Wealth Management to move Baltimore office to Harbor Point
RBC Wealth Management, a financial advising and planning group, is the latest company to announce plans to move its Baltimore offices out of the central business district — a decision that comes as some in the city want to reimagine what is considered the “downtown” area. The company announced Wednesday that it is moving to […]
$5.3M renovation of Hampton Inn in downtown Baltimore is complete
Peachtree Hotel Group has completed a $5.3 million renovation of the Hampton Inn by Hilton Baltimore-Downtown Convention Center.
Poverni Sheikh Group ‘strong believers’ in Baltimore
The developer intends to preserve the historic facades of the five buildings on its Howard Street project.
The future of downtown Baltimore
As the old year drew to a close and 2018 was almost upon us, Bisnow, the national producer of digital real estate news and live events, gave us a chance to look forward – and to look back. At a gathering in Harbor East’s Four Seasons hotel, some 300 attendees were on hand to consider […]
Baltimore issued $16M in parking tickets last year
A new study from a Baltimore lawyer says be careful when parking in the lower parts of Cross, Calvert, Paca and Gay streets.
Baltimore’s ‘Skyline Market’ sizzles
Demand for high-profile office space in Baltimore has reached a historic high, according to a recent report. JLL’s Skyline report found vacancy rate has fallen to 8.7 percent in the city’s high-end office buildings and down to 5.5 percent in Class A buildings in the hot Pratt Street corridor. As a result, rents have […]
Downtown Baltimore jobs down, report says
Downtown Baltimore lost jobs last year, according to the Downtown Partnership of Baltimore’s State of Downtown Report. Jobs in the city’s core fell from 123,879 jobs in 2014 to 118,723 jobs last year, a 4 percent reduction. But the employment number is still higher than 2009 through 2012. According to the report, it’s unclear what […]
Baltimore: Downtown rising?
Downtown Baltimore added about 10,000 jobs last year, cut its office vacancy rate to nearly 16 percent and has more than 4,000 units of market-rate housing in the development pipeline, according to a new report.
What’s in a name? Plenty, downtown officials say
The Downtown Partnership has announced a plan to re-brand areas of the community with individual names to create more of an identity for the neighborhood.
T. Rowe Price signs letter to keep HQ downtown through 2027
T. Rowe Price Group, Inc. announced Thursday that it has signed a letter of intent to negotiate a new lease at 100 E. Pratt St. that would keep its global headquarters and nearly 1,300 employees downtown through 2027.
Pennsylvania-based First National Bank to lease on Lombard St.
Pennsylvania-based First National Bank announced Tuesday that it will open a regional headquarters in Baltimore, leasing space in a Lombard Street office building that will bear the bank’s logo.
