BUSINESS
By Steve Kilar, The Baltimore Sun | April 30, 2013
The Baltimore Development Corp., the city's economic development agency, is looking for an outside consultant to provide an analysis of the city's "economic development landscape," according to a request for applications issued Tuesday. The consultant is being asked to assess the city's "existing economic conditions, obstacles, opportunities for expansion, and strengths," as well as identify "priorities and options to move the City's economy forward" and figure out a way "to track the success of new initiatives in terms of job growth, investment, and economic impact," according to the request for proposals.
NEWS
By Luke Broadwater, The Baltimore Sun | April 3, 2013
Charles Kelley stands in Baltimore's historic Lexington Market, chowing down on a Faidley's overstuffed crab cake sandwich. It doesn't bother the 37-year-old North Carolina man that the market doesn't have gourmet coffee, wine or cheese shops. He's OK with the faded signs and the dirty floor. As jumbo lump crab meat spills out of his sandwich, Kelley is in a state of bliss. "I've had crab cake sandwiches all over," he says, "and this is the best. " While devotees such as Kelley, who come from long distances for the renowned seafood at the 231-year-old market, are content with their surroundings, city officials are hoping to attract a broader audience.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | March 28, 2013
The board of the Baltimore Development Corp. is recommending the city approve a developer's request for $107 million in tax increment financing to pay for roads, utilities and parks for the $1 billion mixed-use Harbor Point development on the waterfront between Harbor East and Fells Point. The board of the BDC, the city's development agency, voted Thursday to send a recommendation to Mayor Stephanie Rawlings-Blake for consideration. The financing, a way to fund construction of public infrastructure for new development, also requires City Council approval.
BUSINESS
By Steve Kilar, The Baltimore Sun | January 5, 2013
Until last month, M.J. "Jay" Brodie was the only person to hold the title of president of the Baltimore Development Corp. since it was organized in the mid-1990s into its current form, with a largely private-sector board of directors. What the city's nonprofit, economic development agency became during his time at the helm allowed for some of Baltimore's most admired economic progress in recent years, including the construction of Harbor East and the public offering of stock by Millennial Media Inc., the mobile advertising company that got its legs with help from a technology incubator founded during Brodie's tenure.
BUSINESS
By Steve Kilar | December 20, 2012
Mayor Stephanie Rawlings-Blake and the Baltimore Development Corp. have selected the Maryland Film Festival's proposal for the renovation of the historic Parkway Theatre at 3 W. North Ave., according to an official who spoke Thursday morning at the BDC's monthly board meeting. The city hopes to enter into an exclusive negotiating agreement with the Film Festival shortly, said Darrell Doan, a BDC staffer who manages the corporation's real estate transactions. The Film Festival is partnering with the Maryland Institute College of Art and Johns Hopkins University on their proposal for the Parkway.
BUSINESS
By Steve Kilar and The Baltimore Sun | November 20, 2012
Brenda McKenzie, who heads the economic development division of the Boston Redevelopment Authority, has been chosen to lead the Baltimore Development Corp. “I'm bullish on Baltimore,” McKenzie said after she was introduced Monday afternoon by Mayor Stephanie Rawlings-Blake at City Hall. McKenzie said that as the president and CEO of the city's quasi-public economic development arm, she would encourage transparency and that she plans to have an open door and open phone line.