NEWS
By Lorraine Mirabella and Lorraine Mirabella,Staff writer | April 8, 1991
An Annapolis home builder hopes to breathe new life into a stalled waterfront community that sits across the Kent Narrows Bridge, a 20-minute drive from the state capital.In the mid-1980s, the original developer dubbed Oyster Cove a "pearl on the Shore" that offered the best of rural waterfront living, a 115-slip marina, a clubhouse, tennis courts and a swimming pool.But principals of Washington-based Smithy Braedon Co. built only half the planned 230 condominiums and town houses. Few in the Kent Island watermen's community or from elsewhere, it seemed, could or would pay up to $269,000 for a condo or $350,000 for a town house.
NEWS
By FROM STAFF REPORTS | April 23, 2005
In Maryland Annapolis, Cambridge get funds for waterways, docks ANNAPOLIS - Pointing to the economic benefits derived from recreational boaters on the Chesapeake Bay, the governor announced grants yesterday to the cities of Annapolis and Cambridge to improve waterways and upgrade docks. Annapolis will receive $500,000 to replace and upgrade the boardwalk and boat slips at Annapolis City Dock. The city is spending $500,000 of its own money and expects another $500,000 in federal funds for the project.
BUSINESS
By Edward Gunts | November 22, 1991
An affiliate of Perpetual Savings Bank of Alexandria, Va., was the high bidder yesterday for 99 boat slips and related property at the 500-slip Anchorage marina in Canton with an offer of $2 million.S.A.D. Realty, a Perpetual affiliate that represents the bank's "special assets division," will become the new owner of the boat slips once the sale by Atlantic Auctions is ratified by the Circuit Court for Baltimore City.S.A.D. also will take control of a four-story dockmaster's office and sales center for the marina, the largest in Baltimore and a symbol of its waterfront renaissance during the 1980s.
NEWS
By Lorraine Mirabella STAFF WRITER | January 2, 1991
Annapolis Federal Savings Bank took possession of the financially troubled Spa Creek Yacht Club Monday, after a public foreclosure auction in which the bank offered the sole bid.The bank, which holds the mortgage on the Eastport marina, bid $700,000 for the property, which includes 56 boat slips, a clubhouse, a pool house and a pool.Developer Dennis C. Blaeuer had listed more than $7 million in debts on Spa Creek and another marina, White Rocks Yacht Club in Pasadena, when he declared bankruptcy in two separate filings in September.
BUSINESS
By Audrey Haar and Audrey Haar,Staff Writer | May 24, 1992
Port Deposit is looking grim these days, but the town's fortunes may be turning around with the construction of 170 waterfront town houses.Located on the Cecil County side of the Susquehanna River within view of Interstate 95, the Tome's Landing development is being built on a site that was used by Wiley Manufacturing Co. to build sections for the Fort McHenry and Harbor tunnels before ceasing operations in 1987.The developers plan to create a self-contained community that will sport a marina with 400 boat slips, a commercial and retail shopping complex, waterfront restaurant, pool and tennis courts, fitness center and yacht club.
NEWS
By Arthur Hirsch, The Baltimore Sun | November 29, 2011
A developer's plan for a 36-unit waterfront condominium with boat slips that has pitted neighbor against neighbor for years in Bowleys Quarters has been rejected by a Baltimore County hearing officer. In a 45-page opinion based on days of hearings, John E. Beverungen denied the Galloway Creek condominium proposed by Milton A. Rehbein III, who for decades has owned a marina at the site along Burke Road on the Bowleys Quarters peninsula. While Beverungen agreed with some of the developers' arguments, he rejected the project on grounds that it conflicts with the county master plan and neighborhood community plan, and violates a law that specifies where such projects are allowed in Bowleys Quarters.