News
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With a plethora of resources about workplace culture, supplier diversity, community engagement and commitments to equity, the second annual Construction Inclusion Week October 17-21 is aiming to involve more construction leaders, workers and developers in efforts to improve diversity, equity and inclusion (DEI) across the industry. Modeled after Construction Safety…
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BGE Study: Building electrification will triple peak demand, require doubling of feeder infrastructure
October 12, 2022In a letter to the state climate commission, BGE calls the full-electrification approach to meet Maryland’s climate goals unaffordable and implausible. The letter cites a new study conducted by E3 (Energy and Environmental Economics), who worked as the state’s lead climate consultant until last year. The study…
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Baltimore’s first mass timber building takes shape, lands tenants
October 12, 2022Photos courtesy of Chesapeake Contracting Group. After more than a year of planning and innumerable hours tracking shipments, the structure of Greater Baltimore’s first mass timber commercial building is up and leasing swiftly. Completing the structure of 40TEN – a Class A, four-story office building…
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October 13, 2022: If you ask me…
October 12, 2022After a nearly 30-month hiatus, the ICSC Mid-Atlantic Dealmaking Conference returned to the Washington, D.C. area last month, with several thousand retail developers, brokerage professionals, service providers and vendors participating in various educational seminars, leasing meetings and networking events. We asked participants to sum up their particular insights of the…
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Flight to quality and new asset class highlighted at Bisnow event
September 28, 2022From the growing demand for best-in-class buildings to the impact of hybrid work models to the need to improve energy in downtown Baltimore, Bisnow Baltimore’s recent “State of the Market” event provided wide-ranging perspectives on commercial real estate across Central Maryland. Held on the top floor of 2455 Banner Street…
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Return of Mid-Atlantic ICSC sparks strong attendance and optimism
September 28, 2022It has been 30 long months (930 days to be exact) since ICSC last sponsored its Mid-Atlantic Deal Making Session at the Gaylord National Resort and Convention Center. So when more than 1000 retail real estate brokers, retailers, developers and vendors returned to the exhibit floor and meeting rooms for…
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2007 law ties Maryland to California’s phase-out of gas powered cars
September 28, 2022In 2007, the Maryland General Assembly passed a bill nicknamed California Cars, requiring that the state adopt California’s emissions standards for cars and light duty trucks. In August of this year, California announced its intention to set new car sales quotas for zero-emissions vehicles beginning in 2026…
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North I-83 real estate submarket performing exceptionally well
September 28, 2022Demand for retail, commercial office and warehouse/industrial asset classes in the greater Hunt Valley and north I-83 submarket continues to rise, according to speakers at a recent Commercial Real Estate Symposium, sponsored by the Hunt Valley Business Forum. Lizzy Sweeney, Senior Director at Cushman & Wakefield, said the Hunt Valley…
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Could new codes regulate buildings’ embodied carbon?
September 14, 2022Code officials, design experts, developers and activists are grappling with a new challenge in the effort to decarbonize buildings: how to address embodied carbon in building and energy codes. In a paper released earlier this year, ASHRAE announced its position that the global built environment must halve its 2015 greenhouse…
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Supply chain is less turbulent but challenging
September 14, 2022After two tumultuous years and an especially challenging period this spring, the construction supply chain appears — finally — to be settling into some more regular routines. For developers and builders, that shift is providing a little more stability but very little relief. The good news from the supply chain…