A 350-unit multi-family development and the first of two office towers in Columbia’s new Merriweather District are expected to break ground in the mid-2017, the developer said Wednesday. Howard Hughes Corp. officials said those buildings along with a new parking structure funded with a tax increment financing package just passed by the Howard County Council will be a big component of the 5 million-square-foot district to be located in downtown Columbia. “We’ve got a good start underway with 1.3…
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Sagamore Development Co. is looking to fill more than 180 positions at its soon-to-open hotel on the Fells Point Rec Pier — and it is turning to local residents to fill many of them. Sagamore, the development arm of Under Armour CEO Kevin Plank, is hosting two job fairs this week — one on Thursday and another Saturday — to fill a variety of positions, including food service, guest services, housekeeping and engineering. The Sagamore Pendry Baltimore is scheduled to open in February. Interested…
Alan D. Wilson will step down as chairman of McCormick & Co. Inc., effective Jan. 31, handing over the position to CEO Lawrence Kurzius. Wilson had previously been chairman and CEO, before stepping down as CEO in February. Wilson’s departure is consistent with McCormick’s secession plans, the Sparks spice maker said. Wilson will remain a member of McCormick’s (NYSE: MKC) board and will be a senior adviser. “Under Lawrence’s leadership, we have a great team of executives with relevant food industry…
Mayor Stephanie Rawlings-Blake says she doesn’t concern herself with other people are saying about her. Her father, former Del. Pete Rawlings, was that way — and raised her to have thick skin as well, she said during her final public press conference as mayor. After serving in the position for almost seven years, Rawlings-Blake’s time at City Hill is winding down before Mayor-elect Catherine Pugh takes over on Dec. 6. And although some people may be critical of her work, Rawlings-Blake said she…
Mayor Stephanie Rawlings-Blake doled out $575,000 in city funds Wednesday to seven Baltimore companies and organizations working in innovation and entrepreneurship. The money was awarded awarded as part of a one-time funding effort through the Baltimore Development Corp.’s Innovation Fund. The fund was established with the goal of supporting entrepreneurship and job growth in the city. It is aimed especially at helping to build and attract small businesses, which account for almost two-thirds of…
A contract that will have Live Nation and SMG co-operating Pier Six for up to 10 years was approved by the city’s spending board Wednesday despite opposition from AEG Live, the entertainment promoter that submitted a competing bid to operate the concert venue. The approval by the Board of Estimates came as city lawyers rebuffed claims from AEG that the Baltimore Development Corp. violated the city charter by asking for “best and final” bids on multiple occasions. After hearing arguments from the…
Want to buy into the Cross Street Market area now that the market’s planned renovations are moving forward? Here’s your chance. A Federal Hill property that houses the Local Fry and Pop Tacos will be sold at auction by Alex Cooper Auctioneers on Dec. 6. The 3,048-square-foot building at 17-22 E. Cross St. is across from the market. The auction will be held on site at 1 p.m. and requires potential buyers to bring a $25,000 cashier’s check or certified check and photo identification. The property…
Legg Mason Inc. will no longer be a part of the S&P 500, effective Dec. 2. S&P Dow Jones Indices announced late Tuesday that Nashville, Tenn.-based AmSurg Corp. will replace the Baltimore money manager in the S&P 500. Legg will move to the S&P MidCap 400. AmSurg (NASDAQ: AMSG) is acquiring Envision Healthcare Holdings Inc. in a transaction expected to close Dec. 1, giving the company a larger market cap. Meantime, Legg is ranked near the bottom of the S&P 500 with a market capitalization of $3.17…
Booz Allen Hamilton Inc. announced Tuesday that it is buying Aquilent, a digital services and federal cloud firm, for $250 million. But for the McLean, Va., consulting giant, this move goes beyond just a relatively small government services acquisition. What’s particularly intriguing about this acquisition for Booz Allen is that it allows the company to open up another “hub” in its growing “digital solutions network,” Greg Wenzel, executive vice president for Booz Allen’s digital business,…