News

Through a newly released, comprehensive, economy-wide plan, the Maryland Department of Environment is aiming to cut the state’s greenhouse gas (GHG) emissions 44 percent by 2030. The draft plan, which is required under a state law that mandates a 40 percent GHG reduction by 2030, proposes to reach that environmental…

On Oct. 29, a resolution was introduced before the Montgomery County Council that supports a region-wide goal of producing 75,000 more housing units than currently forecast. Included in this number is an additional 10,000 units in Montgomery County. The resolution is the latest in a series of progressively more substantive…

The Baltimore Sun’s ongoing Reimagining Maryland seminar series made a recent stop in Owings Mills and a number of business leaders, including Scott Dorsey, Chairman and CEO of Merritt Companies and local politicians, highlighted by U.S. Congressman Dutch Ruppersberger, participated as panelists to discuss current issues, problems and…

On October 21st, the Anne Arundel County Council gave preliminary approval to 14 amendments that moderate County Executive Steuart Pittman’s sweeping reimagining of the county forest conservation law. Weeks of council meetings to analyze the policy implications and determine…

  Maryland is continuing its push to bring development in Opportunity Zones around the state. At a recent conference hosted by the Maryland Department of Housing and Community Development, the sold-out crowd learned about the economic benefits and incentives of Opportunity Zones and the expected future impact of the program.

  Could a bill intended to fight climate change and improve water quality in the Chesapeake Bay have the opposite effect? That is the real prospect raised by Anne Arundel County Council Executive Steuart Pittman’s forest conservation bill (CB 68-19). The bill runs contrary to state plans to restore the…

  Anne Arundel County Council will hold a public hearing October 7th on a bill that would significantly heighten forest conservation requirements for development and redevelopment. The bill capitalizes on a lack of understanding about the environmental benefits contemporary development projects generate. It raises fundamental questions about how best to…

  Most commercial real estate developers and managers need to devote more resources to cyber security in order to satisfy their investors, their tenants and their own company’s needs. In a recent survey of 600-multi-tenant U.S. commercial buildings, 81 percent of occupants said they feel secure in their workplace,…

  Professional becomes 10th NAIOP-MD member to be recognized in past eleven years Spencer Perry Spencer Perry, Business Services Officer – Commercial Real Estate for BB&T, has been awarded a 2019 Developing Leaders Award by NAIOP, the commercial real estate development association. The national award is reserved for…

NAIOP Maryland, the local association comprised of more than 440 professionals working for real estate development organizations and affiliated companies including architectural, accounting, law and brokerage firms has elected its Board of Directors for 2019. Current NAIOP Maryland officers are Vince Bagli, Merritt Properties, President; James Lighthizer, Chesapeake Real…