Beatty, Armada Hoffler to hold info session for women and minority contractors

Beatty Development Group and Armada Hoffler Construction Co. will host a third information session for minority and women contractors interested in working on the Exelon headquarters building at Harbor Point. (Balt. Bus. Journal)

Read Full Article

Maryland ultility companies award $340M in contracts to minorities, nonprofits

Maryland’s utility companies awarded more than $340 million in contracts to minority and nonprofit suppliers in 2012, the Public Service Commission reported. For the past 20 years, participating utility companies have aimed to allocate 25 percent of total dollars spent on contracts, subcontracts and purchase orders to minority, woman-owned and disabled veteran-owned businesses, as well as nonprofits. (Balt. Bus. Journal)

Read Full Article

Fewer Marylanders seek unemployment benefits

Maryland saw a decrease in people seeking unemployment benefits for the week ending June 29, according to figures from the U.S. Department of Labor. The state saw a decrease of 1,715 in the number of people who applied for benefits compared with the previous week, according to Labor Department findings. (Balt. Bus. Journal)

Read Full Article

Even after sale, local Harris Teeters will remain Harris Teeters

Harris Teeter fans, fear not: The stores are staying put, even if a proposed acquisition by the larger Kroger supermarket chain goes through.The two companies announced Tuesday that Kroger plans to purchase the smaller chain for about $2.5 billion. But the Harris Teeter brand isn’t going away. (Gazette)

Read Full Article

In new study of state economies, Md. brings up the middle 

Depending on one’s party affiliation, Maryland is either an economic powerhouse or a national laggard with serious business-climate issues. But a report released by the Urban-Brookings Tax Policy Center on Tuesday, which compiled multiple economic indicators for all 50 states, suggests the Free State is really just in the middle of the pack. (Daily Record)

Read Full Article

$125M mixed-use development planned near Columbia Mall

Plans for a $125 million, two-structure apartment complex in Columbia's Warfield neighborhood were revealed this week, making it the third housing development announced in the redevelopment of downtown Columbia. The five-acre parcel, which is owned by Howard Hughes Corp., will be a mixed-use development with 30,000 square feet of retail and 437 apartments. (Patuxent)

Read Full Article

Demand for Baltimore-area homes increased in first half of the year

Baltimore's home market shifted this year, but a spike in interest rates may unsettle the balance again."Back in the beginning of January … all of the buyers thought they were still in the buyer's market. Then, in the beginning of February, all the rules changed," said Lynn Ikle, an agent with Redfin who leads a sales team that works throughout the metro region. The number of homes for sale became too small to keep up with demand, and power returned to sellers. (Balt. Sun)

Read Full Article

Hammerjacks plots Baltimore return — again

Kevin Butler knows he’s on to something when he sees travelers in airports across the country wearing T-shirts he sold with the Hammerjacks logo blasted in bright yellow across their chests. The famed Baltimore rock club, home to hair bands and rock fans from across the East Coast, is a mere memory for many.  Soon, Hammerjacks will be more than a memory. Butler is nearly ready to announce his plans to recreate Hammerjacks as an anchor in the South Baltimore entertainment district surrounding M&T Bank Stadium and the forthcoming Baltimore Horseshoe casino. (Balt. Bus. Journal)

Read Full Article