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Renew Baltimore – a coalition of economists, real estate professionals, faith-based leaders, former politicians and others – is working to put a tax proposal on the November ballot which they say is key to attracting investment and residents back to Baltimore City. The ballot question would ask voters to support…

The National Restaurant Association projects restaurant sales to pass $1 trillion for the first time in history, with the sector expected to add 200,000 jobs this year to increase total employment to nearly 16 million people. Arsh Mirmiran, Partner, Caves Valley Partners; Andrew Segall, Principal, Segall Group and Alex Smith,…

An unexpected call from Ed St. John saddled Tom Pilon with a talent-development challenge. It was a Thursday afternoon in spring 2020. St. John announced that he had hired an intern for Pilon and the young man would be starting work come Monday morning. Katrina Trintis, a St.

In the span of just four months, representatives of MCB Real Estate marked milestones in two, dramatically different residential developments. On a former brownfield site in Greektown, MCB held a ribbon cutting ceremony in October for The Lofts at Yard 56 — 227 luxury apartments in a building with…

A joint effort by the Environmental Protection Agency (EPA), the Maryland Department of Planning (MDP) and Baltimore County is offering free environmental site assessments (ESAs), technical advisory services and access to other grants and tax incentives to property owners looking to remediate and redevelop brownfields. The effort to spur environmental…

After some delay, the Maryland Codes Administration (MCA) has issued a report on the technologies, timing, and policies necessary to electrify the building sector. Contrary to the Maryland Department of the Environment’s Building Energy Performance Standard, which would mandate an abrupt and arbitrary energy transition, the MCA’s report sets out…

Parking garage technology at Parkway Corporation’s Lockwood Garage at Baltimore’s Inner Harbor. When UBER founder Travis Kalanick announced years ago that “with the growing popularity of ride sharing apps and self-driving cars, there won’t be the need for parking lots in the future,” the entire…

Only four women have served as President of NAIOP Maryland since the Chapter’s founding in 1985, including the recently elected Kate Jordan of Lee & Associates | Maryland. The select group recently gathered in Columbia for a friendly and wide-ranging conversation designed to dole out helpful guidance as Jordan begins…

Despite economic challenges, the commercial real estate sector contributed $2.5 trillion to the U.S. GDP in 2023, generated $881.4 billion in personal earnings and supported 15 million jobs. That’s according to 2023 Economic Impacts of Commercial Real Estate study by the NAIOP Research Foundation. In Maryland, the CRE sector contributed…

Renew Baltimore – a group of local faith leaders, business owners and economists – is running a petition drive to put a question on November’s ballot that could, if approved, lower city taxes. The Baltimore City property tax rate of $2.25 per $100 of value is notoriously high – more…