The dedication of Baltimore’s newest public space — Eager Park in East Baltimore — will take place May 5. The 5.5-acre park is located in the East Baltimore Development Inc. footprint, an 88-acre redevelopment that kicked off in 2001 with the beginning of acquisition and demolition of 732 homes and relocation of families near Johns Hopkins Hospital. The plans to build a world-class biotech center linked to Johns Hopkins Hospital have been redrawn several times over the years, with the addition…
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Corporate Office Properties Trust is seeking to building nearly five stories taller its two planned office buildings in a Chantilly, Va., at the request of a top-secret, high-security potential tenant. COPT Stonecroft LLC has asked Fairfax County Planning and Zoning for a special exception that would allow it to construct the buildings up to 120 feet high at 4850 Stonecroft Blvd. in the Westfields International Center. The buildings were previously approved for 75 feet. Columbia-based COPT (NYSE:…
Ocean City Brewing Co. is doubling its lineup of tap house restaurants with two new locations slated to open this year in Greater Baltimore and one closer to its home on the Eastern Shore. General Manager Josh Shores said they have leases signed for locations in Elkridge, White Marsh and Salisbury. The growth comes after Ocean City Brewing opened an Abingdon location in 2015 and a Reisterstown space in 2016 to join the original location in Ocean City. Shores said the Elkridge location will probably…
There’s good news and bad news for Wood Partners following the devastating fire that tore through its Fuse 47 apartment project in College Park. First, the good news: College Park City Manager Scott Somers told the City Council this week that a firewall between the east and west sides of the seven-story building likely contained Monday’s blaze, preventing an even worse disaster. The bad news? Roughly half the 275-unit building, which was scheduled to welcome its first residents on July 1, will…
The long-anticipated start to construction of a new Ronald McDonald House in Jonestown is set to take place next week. A groundbreaking for the $30 million project is scheduled for Tuesday at 10:30 a.m. at 1 Aisquith St. in East Baltimore. The development will total 60,000 square feet and is expected to house 2,200 families each year. That will more than double the current accommodations at the existing Ronald McDonald House, located at 635 W. Lexington St. downtown. The Ronald McDonald House…
Under Armour Inc. shares soared in pre-market trading on Thursday despite the company posting its first quarterly loss since going public in 2005 as North American sales slumped in a sluggish retail environment. The Baltimore sportswear maker posted a first-quarter loss of $2.3 million, or 2 cents per share, compared with a profit of $19.2 million, or 4 cents per share, in the year-ago period. Under Armour’s (NYSE: UAA) first-quarter revenue rose 7 percent to $1.2 billion, up from $1.04 billion…
