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By The Baltimore Sun | May 31, 2011
PNC Financial Services Group Inc. plans to move its Greater Maryland regional headquarters from the Charles Center to the Inner Harbor by mid-2012, real estate brokerage CB Richard Ellis announced Tuesday. Bank officials have signed a lease that calls for PNC to occupy 119,000 square feet at One East Pratt St., the brokerage reported. PNC will move from the office tower at Two Hopkins Plaza beginning in July 2012. In addition to upper-level office space, the Pratt Street lease includes 7,000 square feet on the building's first floor to house a PNC Bank branch.
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BUSINESS
By Michael Bodley, The Baltimore Sun | July 17, 2014
Pandora soon will add its logo to the city's skyline as the company relocates its regional headquarters for the Americas and about 250 employees to Baltimore from Columbia by early 2015. The Danish jeweler known for its charm bracelets announced Thursday that it will lease five floors of the building at 250 W. Pratt St. with rights to place its bright-white logo on two sides of the skyscraper, easily visible from the stands at Oriole Park at Camden Yards . The move should serve the dual purpose of increasing Pandora's prominence in the region while accommodating the growing retailer's workforce, said Scott Burger, president of Pandora Americas.
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NEWS
February 26, 1997
HUNT VALLEY, as a business/light industry complex and a shopping center, could be transformed by the announcement that MBNA, the giant credit card company, will locate a large regional headquarters at the site of the present PHH building. On contiguous land, three adjoining structures of comparable size are envisioned. This is the biggest economic bonanza for the Baltimore region in decades.The numbers are dazzling: 3,000 new jobs within two years; perhaps double that number if MBNA continues on its extraordinary growth path; a $150 million annual payroll; multiplier or spinoff employment for another 3,000 persons earning $115 million, according to county estimates.
BUSINESS
By Eileen Ambrose, The Baltimore Sun | September 10, 2013
Pennsylvania-based F.N.B. Corp. announced Tuesday that it plans to open a regional headquarters in downtown Baltimore as it expands in Maryland. First National Bank, F.N.B.'s largest subsidiary, plans to open the headquarters and a branch at 300 E. Lombard St. by the end of this year, the company said. It's leased 11,000 square feet and will employ about 50 people there, the company said. The building will display the bank's logo. F.N.B. recently announced plans to acquire BCSB, parent of Baltimore County Savings Bank, in a deal valued around $79 million and expected to close early next year.
NEWS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF Sun staff writers Liz Atwood and Sean Somerville contributed to this article | February 26, 1997
Credit card giant MBNA Corp. intends to establish its mid-Atlantic regional headquarters in Hunt Valley in April, a facility that the company says will eventually employ 3,000 -- significantly more than originally projected.At that size, MBNA would become Baltimore County's second-largest private employer and generate more than $700 million a year in wages, benefits and taxes to the region."The Hunt Valley area fit our needs, and was attractive from many perspectives," said Peter H. Frank, an MBNA spokesman.
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF | July 19, 1996
McDonald's Corp.'s Baltimore regional headquarters will double in size and become one of only two such operations nationwide in a downtown location when the fast-food giant relocates to the city from Columbia.McDonald's officials are expected to join Mayor Kurt L. Schmoke today to unveil plans to relocate 60 executives and administrators to a skyscraper at 250 W. Pratt St. near Oriole Park at Camden Yards."We wanted to be more conspicuous in terms of our presence as a corporate citizen, because the regional headquarters is really the heart and brain trust of what McDonald's does here," said Willis T. Smart, McDonald's regional manager.
NEWS
January 17, 1997
THE "M" IN MBNA Corp. once meant Maryland, where the now $30 billion credit-card operation of the former Maryland National Bank was born and based.But the "M" stood for move in 1982, when the firm transferred its headquarters to Delaware after a battle with Maryland over restrictions on card fees and interest rates.Then-Attorney General Stephen H. Sachs' fight to block credit card fees and retain tight limits on the interest that lenders could charge seemed foolish and myopic even back then, but especially in hindsight given the increased competition, drop in interest rates and the public's willingness to incur heavier amounts of plastic debt.
BUSINESS
By Gerard Shields and Gerard Shields,SUN STAFF | March 12, 1998
Sierra Military Health Services Inc., a Las Vegas-based company that provides managed health care for the nation's veterans, received a $1.25 million loan yesterday from the Baltimore Board of Estimates to complete its regional headquarters downtown.The city support includes a $250,000 loan, half of which would be forgiven if the company hires 175 Baltimore residents. City officials also guaranteed a $1 million loan for improvements to be made to the Candler Building, at 111 Market Place, where Sierra is locating.
NEWS
By Dana Hedgpeth and Dana Hedgpeth,SUN STAFF | January 15, 1997
Concentra Medical Centers, one of the largest physician-practice management companies focusing on NTC occupational health care, plans to bring up to 20 jobs to Howard County with the opening of its 14,000-square-foot regional headquarters and clinic in Jessup, the company announced yesterday.The new jobs, county economic officials say, are part of an estimated 5,000 new jobs expected to come to Howard this year -- with the majority of these jobs in the service and health care fields.The county has about 100,000 jobs, with its job base having grown about 5 percent each of the last three years.
BUSINESS
By M. William Salganik and M. William Salganik,SUN STAFF | October 9, 1997
Sierra Health Services, which last week won a $1.2 billion contract to coordinate health care for military dependents, yesterday said it will open a regional headquarters in Baltimore.The move is expected to provide about 300 jobs.Sierra, based in Las Vegas, Nev., last week won the five-year contract to provide care for dependents of active military personnel and for retirees and their dependents -- more than 600,000 people -- in a 13-state area stretching from Northern Virginia to Maine.
BUSINESS
By The Baltimore Sun | May 31, 2011
PNC Financial Services Group Inc. plans to move its Greater Maryland regional headquarters from the Charles Center to the Inner Harbor by mid-2012, real estate brokerage CB Richard Ellis announced Tuesday. Bank officials have signed a lease that calls for PNC to occupy 119,000 square feet at One East Pratt St., the brokerage reported. PNC will move from the office tower at Two Hopkins Plaza beginning in July 2012. In addition to upper-level office space, the Pratt Street lease includes 7,000 square feet on the building's first floor to house a PNC Bank branch.
BUSINESS
By Jamie Smith Hopkins and Jamie Smith Hopkins,SUN STAFF | January 17, 2004
AAA Mid-Atlantic is moving a call and operations center with 250 jobs from Elkton to Newark, Del., a decision that blindsided local and state economic development leaders. The company, best known for roadside assistance, announced the change yesterday and said the relocation was tacked on to a deal to move its headquarters from Philadelphia to Wilmington, Del. AAA Mid-Atlantic was lured by a $6 million performance-based strategic grant from Delaware and about $1 million in incentives from the city of Wilmington.
BUSINESS
By TaNoah Morgan and TaNoah Morgan,SUN STAFF | January 18, 2002
A German-based manufacturer of laminates is establishing a U.S. headquarters in Howard County this year, joining two other foreign companies there. Neschen AG, which makes self-adhesives and laminating machines, mainly for the printing and graphics industry, will eventually bring 100 employees to its 100,000 square feet of newly constructed offices in Troy Hill, according to the county Economic Development Authority. The space contains the corporate headquarters and a distribution facility, which is expected be ready next month.
NEWS
By Sarah Pekkanen and Sarah Pekkanen,SUN STAFF | April 17, 1998
The courtship began with flowers. Orioles games followed, then Italian dinners, and soon David Nelson broke off his flirtations with Silver Spring and the Reston-Herndon, Va., area.Baltimore won his heart.And the city won millions in tax revenue, scores of new jobs and a boost to downtown businesses when Nelson decided to move more than 300 employees of Sierra Military Health Services Inc. to the Inner Harbor.For Nelson, the decision wasn't simply a business transaction driven by the bottom line.
BUSINESS
By Gerard Shields and Gerard Shields,SUN STAFF | March 12, 1998
Sierra Military Health Services Inc., a Las Vegas-based company that provides managed health care for the nation's veterans, received a $1.25 million loan yesterday from the Baltimore Board of Estimates to complete its regional headquarters downtown.The city support includes a $250,000 loan, half of which would be forgiven if the company hires 175 Baltimore residents. City officials also guaranteed a $1 million loan for improvements to be made to the Candler Building, at 111 Market Place, where Sierra is locating.
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF | January 18, 1998
Of all the companies in the Baltimore area that are expected to add new jobs in 1998, few -- if any -- have the potential to grow like MBNA Corp.The Wilmington, Del.-based credit card giant, fast on its way to becoming the world's largest with more than $40 billion in loans, will hire roughly 500 people in the coming year for its new $H Mid-Atlantic regional headquarters in Hunt Valley.To accommodate the new employees -- which will double its work force in Maryland -- MBNA is spending tens of millions of dollars to renovate and expand an eight-story office building that was formerly PHH Corp.
BUSINESS
By Michael Bodley, The Baltimore Sun | July 17, 2014
Pandora soon will add its logo to the city's skyline as the company relocates its regional headquarters for the Americas and about 250 employees to Baltimore from Columbia by early 2015. The Danish jeweler known for its charm bracelets announced Thursday that it will lease five floors of the building at 250 W. Pratt St. with rights to place its bright-white logo on two sides of the skyscraper, easily visible from the stands at Oriole Park at Camden Yards . The move should serve the dual purpose of increasing Pandora's prominence in the region while accommodating the growing retailer's workforce, said Scott Burger, president of Pandora Americas.
NEWS
By Tanya Jones and Tanya Jones,Sun Staff Writer | February 4, 1995
In the war on drug trafficking and abuse in the Baltimore-Washington region, as many as 300 federal, state and local law enforcement officers are planning a coordinated attack.The effort, to begin in March, will unite federal prosecutors and various police task forces in four regional headquarters in Howard County, Prince George's County, Washington, and Northern Virginia.It will combine enforcement with programs similar to Baltimore's drug court to steer nonviolent drug abusers into treatment.
NEWS
By Jay Apperson and Jay Apperson,SUN STAFF | November 20, 1997
The plan to funnel Baltimore County's growth to Owings Mills moves to a new level today, when construction is to begin on a mammoth, long-delayed business park on the community's last large undeveloped tract.The Riparius Center, being built by Timonium-based Riparius Development Corp., is designed to provide thousands of jobs and up to 3.5 million square feet of office space -- more than the combined space in five of downtown Baltimore's largest corporate towers.Today's groundbreaking, for Automatic Data Processing's regional headquarters, comes as workers near completion of a road that will open hundreds more acres north of Owings Mills Town Center and mall for job-producing development.
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF | October 25, 1997
In what would be one of the largest office leases downtown in a decade, Sierra Military Health Services Inc. intends to establish a regional headquarters with roughly 330 employees in the 12-story Candler Building by January.Under terms of a letter of intent between the Candler Building's owner and Sierra, the health care provider will lease 83,000 square feet -- or 16 percent of the building -- through 2008.Sierra's lease, expected to be signed next week, is valued at roughly $12.5 million.
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