News

Some developments make great waves. When Plano-Coudon Construction began a $3.8-million renovation of Broadway Market for Baltimore Public Markets, the project team knew they would face a plethora of construction challenges. They would have to preserve and restore the North Shed’s historic façade, but gut everything else. Upgrading the site’s…

Developers of new commercial and residential properties will soon have to install electrical infrastructure to support electric vehicle (EV) charging stations on a percentage of parking spots. The recently approved 2021 version of the International Energy Conservation Code (IECC) will require new commercial properties with two or more parking spaces…

Developments in Montgomery County may soon have to satisfy new adequate public facilities tests for transportation and schools. As part of an update of the county’s Subdivision Staging Policy (SSP), Planning Department staff are currently working to develop the tests which could go into effect in late 2020 or early…

Could alterations in building products, designs and operations make buildings more bird-friendly and more energy efficient? That’s a question currently before members of the Maryland General Assembly. Following an emerging trend of developing bird-friendly design standards or goals for commercial buildings, House Bill 192 proposes to establish bird-friendly standards for…

With a lively fire dancing behind him in the community center at the Marketplace at Fells Point, Daniel Klein, President of Klein Enterprises, traced the trajectory of his real estate career upon becoming the fourth generation to work at the family-owned real estate company founded by his grandfather in 1948.

Up close with Jim Lighthizer Working as an industrial brokerage professional with CBRE for 16 years and founding Chesapeake Real Estate Group, a full-service commercial real estate development and investment firm more than 15 years ago, NAIOP Maryland’s new President brings unique perspectives to his two-year term. He credits former…

Judging by every metric, 2019 finished as the most prolific year for the Baltimore industrial real estate market with more than 9.5 million square feet of space absorbed — a rise of 44 percent over the previous record, according to a recent report issued by CBRE. This included more than 3.4…

When Steve Budorick of Corporate Office Properties Trust (COPT) toured the outdoor area surrounding Benjamin Franklin High School in Brooklyn, he immediately realized that the environment was not conducive to positive advancement and was in large part unusable and unsafe. Upon learning more about the composition of students at…

The number of elevators operating on expired certificates in Maryland is growing monthly due to recent legislation, a workforce shortage and increasing lead times for inspections. Officials from the Maryland Department of Labor Licensing and Regulation outlined the problem during a recent legislative briefing. The backlogs are due…

Maryland is facing “an uncomfortably high risk of an economic slowdown if not a full-blown recession” before July 2021. That was the key warning that Moody’s Analytics Economist Dan White delivered to a session of the Senate Budget and Tax Committee this month. While Maryland’s economy hasn’t profoundly changed since…