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ENTERTAINMENT
by Richard Gorelick and The Baltimore Sun | February 14, 2013
The Freshii on Light Street downtown has closed. The other Baltimore location, on St. Paul Street in Charles Village, will remain open, the company says. "Closing a restaurant is never something we want to do,'" said Freshii project manager Mia Jacobs in an emailed statement, "however it is the right move when it means we can refocus our efforts on other opportunities within the community, such as our Charles Village location. " Founded in 2005 in Toronto, Freshii provides a fast-food alternative with customer-created salads, wraps, soups and bowls.
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BUSINESS
By Scott Dance and The Baltimore Sun | October 4, 2014
A few years ago, when Andrew Coy was a teacher at Digital Harbor High School, he offered his students a chance to learn Web design. He quickly realized those sorts of extracurricular activities were lacking, even at the tech-savvy institution in Federal Hill. Now Coy and a team at the Digital Harbor Foundation are working to create more of those opportunities for hundreds of students across the city each year. For the past year and a half, they've been doing it just blocks from Coy's old classroom, at a former city recreation center on Light Street.
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BUSINESS
By Natalie Sherman, The Baltimore Sun | May 16, 2014
Baltimore-based commercial real estate firm MCF Capital closed on a financially troubled Light Street office building for $1.6 million last month, according to land records and the company that arranged the transaction. The new owners, whose real estate portfolio includes the Knickerbocker building on East Lexington Street, intend to clean the 1910 building, replacing windows, repairing the elevator and renovating common areas to lure tenants back to the property, said Transwestern vice president Leo McDermott, who helped broker the sale and will be trying to lease the property.
BUSINESS
By Natalie Sherman | October 3, 2014
A Florida business bought the Belair Edison Crossing shopping center for $12.3 million this week, a deal that suggests strength in the city's retail investor market, the broker for the transaction said Thursday. “It's a significantly sized deal in Baltimore City,” said Gil Neuman, managing director of Greysteel Co. “I think there's a new sort of … revival, so to speak, of Baltimore, which is being seen nationally as a desirable place to invest.” The 16-acre Belair Road property last sold in 2003 for $4.7 million, according to reports at the time.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | October 6, 2010
Consulting firm Bolton Partners Inc. plans to move its Baltimore headquarters and 45 employees in December to 100 Light Street, the downtown office tower that housed money manager Legg Mason until last year. Bolton Partners will sublease one floor, or nearly 15,000 square feet, from RBC Capital Markets Corp., said Courtenay Jenkins, a leasing agent with the Baltimore office of Cushman & Wakefield who represented the tenant. Bolton Partners, which also has offices in Washington D.C. and Boca Raton, Fla., has actuarial, health and welfare and investment consulting divisions.
BUSINESS
By Steve Kilar and The Baltimore Sun | December 3, 2012
A Virginia firm is planning to convert 10 Light Street, Baltimore's iconic red-brick office tower topped with green and gold, into apartments. “The 520,000 square foot, 34 story structure will be converted to 445 for-lease residences,” according to a statement on the website of Metropolitan Partnership Ltd., the Reston, Va., development firm that purchased the building in November for $6 million. Ten Light was completed in 1929 and last sold in 2002, for $5.3 million to the Nellis Corp.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | September 27, 2010
Transamerica Life Insurance Co. will move its Baltimore operations to 100 Light St., filling some of the hole left in the downtown skyscraper when Legg Mason relocated across town last year. The life insurance firm, part of Aegon, has agreed to rent about 140,000 square feet of space by November 2011 and will move more than 700 employees there. Lexington Realty Trust, which owns the building, says it will be renamed “Transamerica Tower.” “The addition of Transamerica as a tenant and the renaming of 100 Light Street as the Transamerica Tower successfully culminates our efforts to reposition the building as the premier Class A office property in Downtown Baltimore,” T. Wilson Eglin, Lexington’s chief executive, said in a statement.
ENTERTAINMENT
By Richard Gorelick, The Baltimore Sun | September 18, 2012
Call it Langermann's Junior. The same team behind Langermann's in Canton - chef Neal Langermann and partners David McGill and Mark Lasker - have opened a new restaurant, just south of Federal Hill, in South Baltimore. The location, 1542 Light St., was recently the home to 1542 Gastropub and before that, the Reserve. Langermann's on Light, as it's known, opened on Sept. 10. "Basically we've always liked Federal Hill," McGill said. "We spent a lot of time looking there before opening the Canton location.
BUSINESS
By Natalie Sherman, The Baltimore Sun | July 11, 2014
Towson developer Caves Valley Partners placed its 1111 Light Street building on the market last month, and is asking $42 million for the Federal Hill property, which houses apartments, stores and offices for budding tech firms. The company has requested bids by the end July, said Jorge Rosa, director of Cushman & Wakefield's Multifamily Advisory Group, which is representing Caves in its sale of the building, completed in 2012 for roughly $33 million. Rosa said on Friday that the firm, which has traditionally held onto its developments, saw an opportunity to capitalize on interest in Baltimore.
NEWS
By Kevin Rector, The Baltimore Sun | August 20, 2012
The nearly five-week closure of Light Street in downtown Baltimore after a major water main break beneath its surface last month has ended, according to the city's Department of Public Works. The street reopened to traffic about 4 p.m. Sunday, said Kurt Kocher, a department spokesman. It first closed July 16, when a 20-inch-wide water main dating to 1889 ruptured, buckling the street's surface between East Lombard Street and East Baltimore Street. The main had previously been labeled as a "high risk.
NEWS
By Kevin Rector and The Baltimore Sun | September 21, 2014
The latest in a series of traffic-jamming construction projects on Light Street in the heart of downtown Baltimore will begin Sunday, as crews for Baltimore Gas & Electric Co. close two of the road's five southbound lanes. The work near the McKeldin Fountain and the Inner Harbor will occur from 7 a.m. to 11:30 p.m. Monday to Saturday through late October; work will at times extend into a third lane as crews replace a stretch of 36-inch-diameter gas main pipe that runs beneath the busy thoroughfare.
NEWS
By Pamela Wood and The Baltimore Sun | September 12, 2014
A crash on northbound Interstate 95 has shut down lanes just past the Baltimore Beltway in Arbutus. The one-car crash at 8:30 a.m. caused the closure of two lanes and one shoulder. The two right-hand lanes of traffic are getting by, according to the Maryland State Highway Administration. Emergency roadwork has closed one lane and one shoulder on eastbound Route 7 at Rossville Boulevard in Baltimore County. One eastbound lane is getting through. Lanes have reopened on southbound Interstate 83 at Timonium Road, where there was a seven-car crash earlier.
BUSINESS
By Natalie Sherman, The Baltimore Sun | July 11, 2014
Towson developer Caves Valley Partners placed its 1111 Light Street building on the market last month, and is asking $42 million for the Federal Hill property, which houses apartments, stores and offices for budding tech firms. The company has requested bids by the end July, said Jorge Rosa, director of Cushman & Wakefield's Multifamily Advisory Group, which is representing Caves in its sale of the building, completed in 2012 for roughly $33 million. Rosa said on Friday that the firm, which has traditionally held onto its developments, saw an opportunity to capitalize on interest in Baltimore.
BUSINESS
By Natalie Sherman and Lorraine Mirabella, The Baltimore Sun | June 10, 2014
A Baltimore County developer has assembled three blocks of industrial buildings, empty lots and homes in the Sharp-Leadenhall neighborhood, with plans to build a $250 million project with apartments, offices and stores between Federal Hill and M&T Bank Stadium. The proposed Stadium Square project aims to revitalize three key blocks just west of Cross Street Market and advance the economic investment occurring elsewhere on the South Baltimore peninsula, said the developer, Caves Valley Partners.
NEWS
June 6, 2014
I really do try to think the best of Mayor Stephanie Rawlings-Blake - as, for instance, when I voted for her in the 2012 election. Her periodic walks through Baltimore's streets ( "Mayor strolls to show safe streets," June 5) make that so difficult. The very fact that Ms. Rawlings-Blake's walk is newsworthy is itself important: Why is it news that a mayor chooses to stroll through the streets of Baltimore? Is this not what William Donald Schaefer did every day of his working life?
BUSINESS
By Natalie Sherman, The Baltimore Sun | June 3, 2014
The Downtown Partnership of Baltimore is looking for money to fund the replacement of the deteriorating McKeldin Plaza fountain with trees and a grassy park by 2016. Downtown Partnership President Kirby Fowler said there is consensus among the city and other downtown stakeholders on designs, which show a trapezoid of green where the 1981 multi-level fountain currently stands.  The estimated cost of demolition and creation of the park, which would include trees and a “basic water feature” is about $3.5 million, he said.
NEWS
By Scott Dance, The Baltimore Sun | February 15, 2013
A portion of Light Street near the Inner Harbor will close Friday night through the weekend as crews remove a pedestrian bridge over the street, the first of intermittent closures through the spring, officials said. The road will be closed between Conway and Pratt streets from 10 p.m. Friday through 5 a.m. Monday. Construction crews are replacing a bridge that connects Harborplace's Light Street Pavilion to the Hyatt Regency Baltimore hotel's parking garage. The bridge will be rebuilt in the spring, requiring additional overnight and weekend closures during the construction process, said Scott Weaver, chief of bridge engineering for the city transportation department.
BUSINESS
By Natalie Sherman, The Baltimore Sun | May 16, 2014
Baltimore-based commercial real estate firm MCF Capital closed on a financially troubled Light Street office building for $1.6 million last month, according to land records and the company that arranged the transaction. The new owners, whose real estate portfolio includes the Knickerbocker building on East Lexington Street, intend to clean the 1910 building, replacing windows, repairing the elevator and renovating common areas to lure tenants back to the property, said Transwestern vice president Leo McDermott, who helped broker the sale and will be trying to lease the property.
NEWS
By Bob Jacobson | April 25, 2014
"Hey, it felt like a real city there for a minute," commented a waiter from Tapas Teatro, one block up North Charles Street from Penn Station. "All right, we have a touch of New Orleans," said an enthusiastic MTA employee coming out of the William Donald Schaefer office tower, downtown at St. Paul and Baltimore Streets. They were reacting to the jazz music by Swing N' Samba - Michael Spittel on guitar and me on saxophone. Live music played outdoors gives city streets a certain kind of energy, a vitality that people respond to. Creating that vitality was the goal in 2005, when then-Baltimore City Councilwoman Catherine Pugh proposed a licensing system for street entertainers in the hopes it would encourage the kind of performances she saw in her native Philadelphia.
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