NEWS
By Lorraine Mirabella | August 11, 2009
After plans fell through for new restaurants, shops and apartments along Pigtown's main commercial district, city development officials are seeking new proposals for a dilapidated block of Washington Boulevard. The Baltimore Development Corp. said Monday that it has reissued a request for proposals for five contiguous properties in the neighborhood southwest of downtown, also known as Washington Village. The BDC hopes to attract proposals for the 900 block of Washington Boulevard that could include a restaurant, coffee shop, small grocer, bookstore, bakery, video store, pharmacy, florist, ice cream shop, hardware store or art gallery.
NEWS
By Edward Gunts | August 11, 2009
Two groups have submitted proposals to redevelop Baltimore's historic Parkway Theatre at 3-5 W. North Ave. and two adjoining properties at 1 W. North Ave. and 1820 N. Charles St. in the Station North arts and entertainment district. The teams are headed by Teddy Kim, a Washington-based businessman, with Brown Craig Turner as the architect, and Maryland developer Samuel Polakoff, with Ziger/Snead and Cho Benn Holback + Associates as architects. Kim is related to Tony Cheng, a Washington-based restaurateur who controls numerous properties near the intersection of Charles Street and North Avenue.
NEWS
By Lorraine Mirabella | July 8, 2009
Baltimore officials have put off selecting a developer for a downtown sports and entertainment venue but say they remain committed to the project, a replacement for the aging 1st Mariner Arena that could cost at least $300 million. "It is a complicated and large project in any time, but in this trying economic situation, there is no reason to rush," M.J. "Jay" Brodie, president of the Baltimore Development Corp., said Tuesday. "It would seem arbitrary, not meaningful, to pick a team in light of the current financial markets."
NEWS
By a Baltimore Sun staff writer | May 7, 2009
As part of an effort to revitalize the 100-acre arts and entertainment district north of Pennsylvania Station, the city of Baltimore is seeking a developer to renovate the historic Parkway Theatre and two adjoining properties as a venue for "cabaret, film, live music and live performance." The Baltimore Development Corp. has set noon Aug. 7 as the deadline for proposals from groups interested in recycling the dormant theater at 3 W. North Ave., as well as buildings at 1 W. North Ave. and 1820 N. Charles St. An entrepreneur, Charles Dodson, began renovating the theater several years ago but never completed the project.
NEWS
April 16, 2009
Hospitals, insurers unveil price plans As consumers and employers struggle with soaring health costs, hospitals and insurers unveiled sharply contrasting proposals for hospital price increases Wednesday before the Maryland Health Services Cost Review Commission. Hospitals proposed an average increase of 3.84 percent for the year beginning July 1 while insurers want 0.8 percent. There is always a gap between the two sides' proposals, "but rarely one of this magnitude," said Robert Murray, the commission's executive director.
NEWS
By Chris Kaltenbach | March 21, 2009
The Senator Theatre, which shut its doors Sunday and faces foreclosure next month, would continue operating as a movie theater and arts venue, but not as a first-run movie house, under a plan outlined by owner Tom Kiefaber on the theater's Web site. The "Reorganization and Transitional Operations Plan" calls for the theater to continue operating as Kiefaber seeks a private investor or a nonprofit group willing to purchase the theater and keep it running. Under either scenario, Kiefaber would no longer own and operate the theater that has been in his family for seven decades.
NEWS
By Bloomberg News | March 18, 2009
Mutual-fund executives have proposed rule changes to make money-market funds safer while heading off tougher regulations proposed by advisers to the Obama administration. The proposals include plans to introduce liquidity requirements, shorten maturity limits and require more disclosure of fund holdings, according to the summary of a report to be released today by Investment Company Institute. The board of the Washington-based trade association approved the plan yesterday. A committee headed by Vanguard Group Chairman John J. Brennan had studied money funds for more than a year, when the $62.5 billion Reserve Primary Fund collapsed in September, setting off an industrywide run by investors.
NEWS
By Gadi Dechter | February 3, 2009
Six companies proposed yesterday to build Maryland slots parlors with a total of 10,550 gambling machines - far short of the 15,000 maximum slot machines allowed under a constitutional amendment adopted last year. When bids for slots licenses were unsealed in Annapolis, only one of the five authorized locations, Anne Arundel County, received more than one bid. The four other sites, in Baltimore City and Allegany, Cecil and Worcester counties, have one applicant each, said Donald C. Fry, head of a commission that will choose winning proposals.
NEWS
December 29, 2008
The proposals for a new Baltimore arena envision a sporting and entertainment venue unlike any in the city: a seven-screen movie theater, a rooftop park, a 1,000-seat concert hall, hotels and, of course, an 18,500-seat sports arena in combination with some or all of the above. But what's missing is any reasonable idea of who's going to pay to build a $300 million-plus complex in this economy, and without that element, the arena proposals remain little more than grand dreams of a re-imagined civic center.
NEWS
By Lorraine Mirabella and Annie Linskey | December 17, 2008
Four development teams will compete to build a sports and entertainment venue to replace Baltimore's aging 1st Mariner Arena, with their proposals envisioning added twists such as a seven-screen movie theater, a hotel, concert hall, offices or street-level shops, city officials said yesterday. The proposals unveiled yesterday were submitted in response to an August request for bids. State and city leaders want to tear down the 46-year-old arena and replace it with a larger, 18,500-seat venue that could draw big concerts and acts, and potentially attract a professional basketball or hockey team.