Downtown Hagerstown redevelopment efforts likely to move away from baseball

With professional baseball looking like a soon-to-be thing of the past in Hagerstown, the thrust of downtown redevelopment efforts likely will change in the coming weeks, according to two city councilmen. “I think there’s a lot of things that could still be done, but I think for the first time in about two and half years, professional baseball is no longer at bat,” Councilman Lewis C. Metzner said Monday. “It’s no longer up there being the thing we’re spending all of our time and energy looking at.” (Herald-Mail)

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Natural Products Expo, one of city's biggest trade shows, returns Thursday

The Natural Products Expo, one of Baltimore's biggest trade shows, has been good for business for Eldersburg-based Salazon Chocolate Co. Three-year-old Salazon, which makes organic salted chocolate bars, convinced Wegmans supermarkets to sell its products during the 2011 show. Salazon, which uses no artificial ingredients or preservatives and grows its beans in the Dominican Republic without pesticides or fertilizers, is among a handful of local businesses that plan to be back on the trade show floor this week when the four-day expo returns to Baltimore. (Balt. Sun)

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Canal Place appeals to city, county for funding

While Cumberland Mayor Brian Grim recently opined that he thought Canal Place officials were starting to look outside the box for funding, it appears officials with the struggling agency hope they will once again obtain a key to the hotel/motel tax box. Both the city of Cumberland and Allegany County have phased out funding for Canal Place from those taxes. (Times-News)

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T. Rowe, Legg want to limit SEC money market changes

T. Rowe Price and Legg Mason have told the Securities and Exchange Commission that a proposed rule changing the way money market funds are priced should be limited to funds used by large institutions, rather than those aimed at retail investors. (Balt. Bus. Journal)

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Anne Arundel Medical Center CEO talks reform, navigating challenges

Anne Arundel Medical Center CEO Victoria Bayless has a lot on her mind. Medicaid expansion, open enrollment for the state’s health exchange and other changes under federal health reform are around the corner. Meanwhile, AAMC and every other hospital in Maryland are grappling with a potential sea change to how they do business under a new Medicare waiver that is in the works. But central to all those issues is money — how to pay for what you need when revenue isn’t what it used to be. (Balt. Bus. Journal)

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Owings Mills group enters N.C., buys retail center in Greensboro

An Owings Mills-based commercial real estate development and investment group has purchased the 90,000-square-foot Hicone Shopping Center in northeast Greensboro for $7.2 million. Black Oak Associates Inc. acquires and redevelops shopping centers and mixed-use projects throughout the mid-Atlantic region. (Balt. Bus. Journal)

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Solstice Partners creates Web platform to connect small office tenants with landlords

Solstice Partners, best known as a startup development firm partnering with Bozzuto Group on a Locust Point apartment project, wants to break down some digital barriers small office tenants and landlords face in the market. The company on Wednesday will launch a commercial real estate Web platform designed to assist tenants with understanding their space requirements. (Balt. Bus. Journal)

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MedImmune marks 25th year with reception for founder

Montgomery County’s largest biotechnology company, which is celebrating its 25th anniversary this week, actually hatched from a meeting in the Big Apple. In the late 1980s, Wayne T. Hockmeyer was an executive with Praxis Biologics in Rochester, N.Y., with an inkling to branch out on his own. He had spent two decades in the U.S. Army, including as chairman of the Department of Immunology at Walter Reed Army Institute of Research in Washington, D.C., from 1980 to 1986. (Gazette)

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