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Montgomery County has released its draft Climate Action Plan, proposing steps necessary to reach the county goal of reducing greenhouse gas emissions 80% by 2027 and 100% by 2035. The plan calls for an all-electric commercial and residential construction code beginning in 2022 and a net zero energy construction…

How do you strike the perfect work-home balance? Kate Nolan BrydenSenior Vice PresidentMRP | Industrial “First and foremost, I look at work-home balance in the aggregate. There will always be days or even whole seasons when more of my attention is needed in one area or the other but instead…

On a marginalized but promising stretch of East Chase Street, Dr. Leon Caldwell is striving to execute a social-impact real estate development. Caldwell, who was formerly a tenured associate professor at the University of Nebraska and a leading researcher with the Annie E. Casey Foundation, founded Ujima Developers to…

On December 15th, the Wall Street Journal Editorial Board wrote about the “transition risk” posed by a move to a low-carbon economy and cited a report seen by some as a policy roadmap for President-Elect Joseph R. Biden’s administration.   The recent report issued by the Senate Democratic Special…

From companies that successfully switched to telework operations to tenants that pivoted to new business models to market segments that posted strong leasing rates, 2020 contained bright spots despite the pandemic. NAIOP Maryland’s Developing Leaders highlighted those successes as well as optimistic signs for a real estate rebound in 2021…

Developers’ opportunities to meet forest mitigation requirements appear to have narrowed. Brian Frosh, Maryland Attorney General, has issued an opinion concluding that acquisition of credits in a “forest retention bank” that preserves existing forest does not qualify as a mitigation under the Forest Conservation Act. According to the opinion,…

The United States is about to enter a dark tunnel that will negatively impact the economy for several months but, upon its emergence early next year and buoyed by COVID-19 vaccines, nearly every commercial real estate asset class will be on the upswing with promising prospects expected for 2021. That…

State revenues remained surprisingly strong during the height of the pandemic, but state budget analysts see deep cash shortfalls over the next five years. The depth of those shortfalls will largely hinge on how quickly jobs and income recover under the state’s “official” and “alternate” economic scenarios. Although lower than…

From left to right: Christopher Hillis, CMT Division Manager, Hillis-Carnes Engineering Associates; Kat Sabo, President, Budova Engineering and Joe Ucciferro, Associate, Bohler Christopher Hillis, CMT Division Manager, Hillis-Carnes Engineering Associates; Kat Sabo, President, Budova Engineering and Joe Ucciferro, Associate, Bohler participated in an virtual discussion to exchange ideas regarding how…

How public art projects strengthen properties, communities and people Perched high above the stream of business park traffic, Ordinary Person sits and watches the workday pass. The sculpture by local artist Charlie Brouwer features a classically shaped column, typically used in monuments to historical figures. But the individual on top…