News
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NAIOP Maryland Elects Officers And Board Of Directors For 2020
December 18, 2019Bottom row (left to right): Morgan Gilligan, Stewart Title Guaranty Company; Christopher Nevin, First National Bank; Kate Jordan, Lee & Associates | Maryland; James Lighthizer, Chesapeake Real Estate Group; John Hermann, Corporate Office Properties Trust; Danielle Schline, Prologis, and Paul Giulio, Hill Management Services. Top row (left to right): Todd Summerfield, Liberty Property Trust; Richard Williamson; Scooter Monroe, Weller Development Company; Scott Wimbrow, The MacKenzie…
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Education funding could spark hot debates in 2020
December 11, 2019A $1.9 billion question is likely to dominate the 2020 session of the Maryland General Assembly. The Commission on Innovation and Excellence in Education – commonly known as the Kirwan Commission – was tasked in September 2016 to establish spending priorities and mandatory funding formulas for Maryland schools. Shortly…
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Two counties enact tougher forest conservation requirements
December 11, 2019Anne Arundel and Howard counties have approved significant revisions to their forest conservation requirements that will increase the amount of development sites dedicated to forest retention and planting; increase mitigation ratios for forest clearing; escalate in lieu fees; and require a finding of “unreasonable hardship” before approval of regulatory waivers.
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State officials, tasked with lowering greenhouse gas (GHG) emissions from vehicles, are drafting a plan to impose a new fee on the sale of some transportation fuels. For several years, states from Maine to Virginia have been collaborating on a joint solution to reduce GHG emissions from automobiles, light trucks…
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Ground leases create new opportunities for private developments, community benefits
November 21, 2019Nine East 33rd Street project rendering An infrequently used development tool is helping Johns Hopkins University and Medicine partner with private developers on projects that serve both Johns Hopkins’ mission and the surrounding community’s needs. On multiple properties throughout the Baltimore-Washington Corridor, Johns Hopkins has entered into ground lease agreements…
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Placemaking principles key in transforming under-utilized real estate
November 21, 2019The Southern Streams Health and Wellness Center rendering “Placemaking has exploded over the past ten years, and the use of innovative principles that encourage people to linger and interact more intimately with real estate creates long-term value,” explained David Wilk, Managing Director with Colliers International. The executive recently served as…
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The experts on your street
November 20, 2019Community engagement is changing the shape, success and impact of developments Winner of a NAIOP-MD Award of Excellence for Best Community Impact, Eager Park is also a best- in-class example of how close collaboration among developers, neighborhoods and nonprofits can dramatically increase a project’s quality, success and benefits. By some…
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CRE Concepts: Reduce to Zero
November 20, 2019More clients seek properties that meet high environmental goals L’Oreal’s carbon-neutral logistics facility in Germany. Photo courtesy of Prologis. On a tight site in downtown Silver Spring, an elliptical, 130,000-square-foot office building made history last year. United Therapeutics’ Unisphere, constructed by The Whiting-Turner Contracting Company, became the largest net zero…
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State Circle: Banking on the trees
November 19, 2019Forest mitigation banking benefits environment and development Amid ongoing debates about forest conservation, some ecology and policy experts insist that expanded forest mitigation banking would produce the biggest environmental benefits and the smartest development patterns. But local governments will need to take action to create forest banking markets. Facilitated through…
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Industry Roundtable: Architects
November 19, 2019John Hutch, Partner, JP2 Architects, LLC; Don Kemp, Healthcare Studio Leader, JMT Architecture and Christopher Pfaeffle, Director of Architecture, Morris & Ritchie Associates recently gathered to discuss emerging trends and local projects that place reduced stress on the environment, contribute to the economic development condition and improve the lifestyle of…