Tuesday, October 17, 2017

This group of CEOs is supporting every Baltimore-Washington area Amazon HQ2 bid. Here’s why that matters.

The Greater Washington Partnership has officially entered the Amazon headquarters bid process.



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David Cordish says Live Hotel will be 'game changer' as project advances

The Cordish Cos. took another step Tuesday toward opening a luxury hotel next to its Live Casino in Hanover, a move the company hopes will bolster its brand against competition. Construction crews attached the building’s final 1,400-pound steel beam to a crane and hoisted it to the roof as the theme from “Rocky” blasted over a crowd that included Cordish Cos. CEO David Cordish, Anne Arundel County Executive Steve Schuh and other state and local dignitaries. Its installation marks the completion…



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Owings Mills' Metro Centre to add more apartments, assisted living center

“People in assisted living want to be in an urban-suburban setting,” developer Howard Brown said.



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What I found during my ride on the city's relaunched bike share program

Baltimore’s bike share system is back and running after a soft relaunch this weekend with 50 bikes and nine stations. And while the basics of renting a bike are functioning, some of the same problems with the program persist following the monthlong shutdown. During the program’s first year of existence, it was plagued by a high number of thefts, damage to the bikes and errors in reporting how many were available to rent — eventually forcing the city to halt the program to upgrade the fleet. On…



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Baltimore is the sixth healthiest city in the U.S., here's why

Baltimore is the sixth healthiest city in America, with a steady overall population health and high-quality hospitals, according to a new report. Healthgrades, an independent health care ratings organization, released its inaugural National Health Index today, ranking the top-25 cities that are “leading the way in American health and health care.” The index is based on data compiled from Healthgrades’ own ratings data, consumer responses to Centers for Disease Control and Prevention surveys and…



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Banks aren't lending enough to Baltimore small businesses, Scully says

A recent report by the 21st Century Initiative at the Johns Hopkins Carey Business School found that Baltimore’s financing system needs to grow so that small businesses will have more access to capital.



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Long & Foster makes another acquisition

Long & Foster has bought a northern Virginia real estate firm, its second deal since being acquired by an affiliate of Berkshire Hathaway in September. Terms of the deal for Herndon-based McGrath Real Estate Services were not disclosed. McGrath’s real estate sales division and its property management division will join their respective Long & Foster counterparts. McGrath’s Herndon office will become a Long & Foster office. Jim and Tim McGrath, owners of McGrath Real Estate Services, will take…



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Baltimore's Ivy Hotel ranks high in Condé Nast Traveler awards

Cashmere throws, sunken tubs and free “minibar booze” apparently go a long way with hotel guests. The Ivy Hotel, Baltimore’s swanky Mount Vernon hotel, ranked No. 8 in Condé Nast Traveler’s 2017 Readers’ Choice Awards for top hotels in New York and the mid-Atlantic. “We’re pleased to be recognized among such notable resorts and hotels as one of the best in the world,“ said Ivy General Manager Rob Authur. "Thanks to our loyal guests and travelers seeking to experience Baltimore, we’re excited…



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Kevin Planks drops off Forbes 400 ranking of richest Americans

Under Armour Inc. CEO Kevin Plank dropped off this year’s Forbes 400 list of the richest Americans, following a nearly 60 percent decline in the company’s stock price over the last year. Plank, who has been on the list since 2012, was among 26 people to fall off the ranking. Plank’s estimated net worth is now $1.3 billion, short of the minimum net worth of $2 billion of this year Forbes 400, up 18 percent over last year. Plank’s peak net worth was $3.9 billion in 2015, according to Forbes. Overall,…



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