News
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Maryland pushing for more transit-oriented developments
October 23, 2024New Urbanism principles – in which consumers rely less on automobiles to move around cities and instead use bicycles and mass transit options to participate in daily work and personal activities – are taking root throughout sections of the United States, including Maryland. Rendering of…
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Baltimore software firm facilitates hiring of MWBE
October 9, 2024The University of Maryland Baltimore (UMB), the Baltimore Peninsula project team and MCB Real Estate, LLC are among the Maryland-area entities now partnering with Sweeten Enterprise to facilitate the hiring of Minority- and Women-owned Business Enterprises (MWBE). The Baltimore-based company has developed a proprietary software platform that connects…
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Anne Arundel Council considers changes to mixed-use zoning
October 9, 2024The Anne Arundel County Council is considering CB 75-24 which would make changes to mixed-use zoning districts that could have major implications for uses permitted in existing buildings and in new construction. The bill would administratively rezone parcels currently designed as mixed-use and apply…
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Venture helps small companies adopt leading technologies
October 9, 2024At an e-commerce warehouse in Poland last week, Will O’Donnell looked on as a fleet of American-designed robots moved through the building, communicated with workers in Polish and assembled orders for shipment. For O’Donnell, Managing Partner of Prologis Ventures, it was one example of how Prologis is combining its knowledge…
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Electric rates spike in latest capacity auction
August 21, 2024Electricity customers in the Mid-Atlantic and Midwest will pay $14.7 billion for electricity capacity in 2025 and 2026 combined, up from $2.2 billion last year. The change reflects the increasing impact of utility and climate policies on electricity pricing. The prices were set at a capacity auction…
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Strong demand for industrial space, investor interest in the asset class, high interest rates and economic uncertainties have left industrial owners and investors grappling with a shifting set of opportunities and challenges. Among investors, “there is huge appetite for industrial. It is still a stable asset class.
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Opening eyes and dotting I’s during summer internships
August 21, 2024Abigail Foster, Ema Gomez and Jake Tompkins recently completed vastly different summer internship experiences with separate companies involved in the commercial real estate industry, but they agree on one thing. Their preconceived notions of job responsibilities and work environment were far different from what they ultimately experienced – in a…
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Community solar creates new CRE opportunity
June 13, 2024The 55 community solar installations planned for Public Storage facilities in Maryland will create 27.9 megawatts of solar capacity – enough to power nearly 2,600 homes. Photo courtesy of Solar Landscape. A Maryland law that permits unlimited community solar installations is presenting a new business…
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Industry/innovation, place/community, and talent/people will be the three keys to growing economic opportunities in greater Baltimore over the next decade, according to a newly released report. The Greater Baltimore Committee (GBC) unveiled its 10-year economic opportunity plan for the metropolitan region at an event held at Tradepoint…
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Governor orders agencies to implement climate plan
June 13, 2024Maryland Governor Wes Moore has signed an executive order directing state agencies to implement the Department of the Environment’s Climate Pollution Reduction Plan. The executive order creates a Subcabinet on Climate to coordinate implementation. It will be chaired by the Secretary of the Environment…