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Resilient but not immune to market challenges Merriweather Row Buoyed by a prime location, a highly educated and high-earning workforce, good schools, a diverse population, and modern, attractive office buildings, the commercial real estate sector in Columbia and Ellicott City has weathered recent…

The current economic environment represents a “generational opportunity to acquire commercial real estate assets.” That was a key message from Spencer Levy, CBRE’s Global Client Strategist and Senior Economic Advisor, at NAIOP Maryland’s annual Capital Stack event. “Now is also the best time to develop new projects,” Levy said. “It…

NAIOP and four other commercial and residential real estate trade associations are raising significant concerns with the proposed final report of Maryland’s Building Energy Transition Implementation Task Force. In a joint submission, the associations gave notice of their intent to vote against adopting the report and its…

(Left) Matt Renauld, Principal/Design Director, Mahan Rykiel Associates, Inc. and Robert Northfield, Principal, BCT Design Group. When Oriole Park at Camden Yards opened in 1992, the stadium complex was universally acclaimed for its innovative design that spawned “The Camden Effect.” Inspired by Camden Yards, the…

The new master plan for Parole Town Center appears to open up opportunities to build taller, denser mixed-use developments and provide developers with greater flexibility to tailor their plans to meet market trends. “The master plan appears to be following through on the stated intent for Parole…

In downtown Silver Spring, crews are preparing to break ground in December on an uncommonly sustainable building. The nine-story, 82,000-square-foot headquarters of the Housing Opportunities Commission of Montgomery County will be all-electric and net-zero-ready. The new Housing Opportunities Commission building will be all-electric and net-zero-ready.

On the heels of greater Baltimore being designated a federal Tech Hub for artificial intelligence and biotechnology, a regional consortium is pursuing $40 million to $70 million in federal funding to build out tech innovation centers, laboratories, biomanufacturing facilities and workforce development programs. “This is truly a once-in-a-generation, historic program,”…

The discernable dip in the volume of industrial leasing activity in the greater Baltimore Metropolitan Area this past year has not lessened optimism among owners and investors of this asset class. Leading reasons for the upbeat view include: the diminishing volume of new product under construction, the still low 7.4…

Photo courtesy of Froehling and Robertson Inc. The award-winning bathrooms may be claiming all the headlines. But hundreds of millions of dollars worth of developments at Baltimore Washington Thurgood Marshall International Airport are poised to boost the airport’s economic impact and potentially create…

Meeting state climate targets will require spending $15 billion per year on emissions reductions and sequestration projects, according to a September presentation by the Maryland Department of Environment. The target is downscaled from worldwide estimates that climate mitigation will cost the equivalent of 3% of GDP…