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NEWS
By Melody Simmons and Melody Simmons,SUN STAFF | December 22, 1998
A plan for a restaurant and retail space in the center of Catonsville was the subject of concern from residents at a two-hour hearing yesterday, as they questioned the impact it could have on traffic, noise and lighting.A Baltimore County hearing examiner is expected to rule on the plan for a Friendly's Restaurant at Frederick Road and Egges Lane early next year, part of a push to rejuvenate the commercial district.Neighbors of the proposed complex -- which would include a 12,600-square-foot retail building -- turned out to express concern that the development might alter the community of Victorian homes with a small-town flavor.
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BUSINESS
By Michael Bodley, The Baltimore Sun | August 4, 2014
AirMall, which operates stores and restaurants at BWI Thurgood Marshall Airport, has been sold to a German airport-management company. New-York based private equity firm Prospect Capital Corp. sold Airmall and its parent company, AMU Holdings Inc., to Frankfurt-based Fraport AG for an unspecified amount. The deal took effect Friday, according to Fraport. Prospect Capital declined to comment, but in a statement said it had a 16.7 percent internal rate of return on its investment.
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NEWS
By Larry Carson and Larry Carson,SUN STAFF | July 23, 2004
Two decades ago, when plans were laid for filling half of Turf Valley's 809 lush acres with buildings, Howard County officials couldn't foresee any store larger than what is now considered a quaint 18,000 square feet. But modern, big-box stores are routinely five times that size. For commercial success, a much larger grocery store will be needed for the Columbia-style village center the Mangione family wants to build near a new Turf Valley entrance off Marriottsville Road, the developer told a citizens' committee studying the golf course development at a meeting yesterday.
BUSINESS
By Natalie Sherman | June 17, 2014
The developers of the new $140 million, 50-acre Foundry Row shopping center in Owings Mills on Tuesday announced eight tenants for the complex. In addition to a previously announced Wegmans grocery store, the developers said tenants will include LA Fitness, Sports Authority, DSW, Panera Bread, Ulta, Zoe's Kitchen, Smashburger and Nalley Fresh. Construction began this spring on the Reisterstown Road center, which is located on the site of the former Solo Cup factory. The project, expected to open in 2016, is currently 70 percent leased.
BUSINESS
By Meredith Cohn and Meredith Cohn,SUN STAFF | December 12, 2000
T. Rowe Price Associates Inc. has leased another floor in its Pratt Street building to accommodate the mutual fund company's growth, the company said yesterday. The space was vacated by Fidelity & Guaranty Life Insurance, which is moving to Inner Harbor East. The additional 29,564 square feet on the second floor at 100 E. Pratt St. brings Price's total to more than 300,000 square feet, or almost half the 28-story building. The company also leases space on St. Paul Street and in Owings Mills.
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,lorraine.mirabella@baltsun.com | September 26, 2008
A scaled-back revitalization plan for the "superblock," a crucial piece of Baltimore's west-side renewal effort, would include small- and medium-size stores, market-rate apartments in a 32-story tower and a 150-room boutique hotel. Revised plans by developer Lexington Square Partners, shown yesterday to the board of the Baltimore Development Corp., would reduce the overall retail space and the number of apartments. It also adds the hotel. Lexington Square, selected in competitive bidding by the city in early 2005, is now proposing 152,000 square feet of retail - half the original amount - 360 apartments and the hotel on land bounded by Fayette, Howard and Lexington streets and Park Avenue.
NEWS
By Edward Gunts, The Baltimore Sun | November 7, 2011
The Howard Hughes Corp. moved closer this month to firming up plans for an 817-unit residential development in Columbia's town center by naming two partners who well help carry out the project. Howard Hughes announced that it will be working with Kettler, of McLean, Va., a privately held company with a strong record of multi-family housing development.. Also involved with the partnership is Orchard Development of Ellicott City, founded in 1979 by Maryland home builder Earl Armiger.
BUSINESS
By Lorraine Mirabella | lorraine.mirabella@baltsun.com | February 16, 2010
The shuttered Boscov's Department Store at White Marsh Mall has been leased to national retailer Forever 21, according to the commercial real estate firm that brokered the deal. The chain of women's apparel stores will lease the entire 197,000-square-foot mall-anchor space that Boscov occupied until it filed for bankruptcy protection in August 2008, said Towson-based KLNB Retail. KLNB handled the transaction for Jones Lang LaSalle, the court-appointed receiver overseeing Boscov's real estate.
NEWS
By Lynn Anderson and Lynn Anderson,SUN STAFF | June 21, 2002
Stymied by vocal opposition and a complex zoning process, developers who wanted to build a retail and residential village on Bestgate Road near Annapolis now say they are likely to build only single-family homes and townhouses. Michael DeStefano, president of Sturbridge Homes, said yesterday that his company and partner Erwin L. Greenberg & Associates of Baltimore are moving ahead with plans to build houses on the 54-acre property, which has been slated for various development scenarios during the past several years.
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,SUN STAFF | July 7, 2005
A developer who is buying the Rotunda shopping center is planning a $70 million redevelopment that would include 300 to 500 luxury apartments and add up to 200,000 square feet of shops and restaurants at the North Baltimore site while preserving the center's landmark brick building. Hackensack, N.J.-based Hekemian & Co. Inc. said yesterday that it expects to settle on the purchase of the 11-acre property from San Francisco-based AMB Property Corp. by the end of the month. "We think this is a fantastic redevelopment project, a true live-work-shop environment surrounded by some great neighborhoods," such as Hampden, Wyman Park and Keswick, said Chris Bell, a senior vice president for Hekemian.
ENTERTAINMENT
Richard Gorelick and The Baltimore Sun | January 24, 2014
Townhouse Kitchen + Bar, which opened in Harbor East the spring of 2012, was the first entry into the Baltimore market for the Chicago-area Restaurants-America group, a multi-concept restaurant operator. On Friday, the restaurant's website was down for maintenance and calls placed to its published phone number were redericted to an unspecified extension. Signs that have been taped to its doors since Wednesday say simply "Townhouse Kitchen + Bar is Closed Today. " Still, it is not clear if the Harbor East restaurant, which occupies a retail space in the Eden Building, is closed permanently.
NEWS
By Steve Kilar, The Baltimore Sun | July 8, 2013
A developer's plan to rebuild a large chunk of downtown Towson, adding office and retail space plus new residences and a hotel, won't swamp that suburban market with unneeded square footage, real estate insiders say. Optimism abounds for Caves Valley Partners' $300 million Towson Row, a 1 million-square-foot mixed-use community off York Road near Towsontown Boulevard. There's demand for new construction and the walkable experience that the project aims to create, real estate experts say. "I've been in this market 25 years.
NEWS
By Pamela Wood, The Baltimore Sun | April 29, 2013
A vacant building in a prime location at Annapolis City Dock is about to be sold. An investment group led by Mark Ordan, CEO of Sunrise Senior Living, has signed a deal to buy the former Fawcett Boat Supplies building at 110 Compromise St. The building sits in a key spot in downtown Annapolis and will figure into the city's plans to redevelop the City Dock area. Terms of the deal have not been disclosed, and Ordan said it won't be final until the proposal passes a five-month study period "to make sure we have the support and cooperation of the city and the various constituents.
NEWS
By Alison Knezevich, The Baltimore Sun | March 17, 2013
The long-planned Metro Centre in Owings Mills is set to finally stir to life this week with the opening of Baltimore County's largest library. Officials envision the library branch, to open in a building called the County Campus next to the Owings Mills subway station, as the anchor of a cluster of shops, restaurants and apartments that they have long hoped would form a new center in the northwestern suburb. Also planned for the County Campus are dozens of classrooms and offices for the Community College of Baltimore County.
BUSINESS
By Steve Kilar and The Baltimore Sun | February 12, 2013
An apartment developer from Northern Virginia recently broke ground on a 304-unit luxury building just south of the Johns Hopkins medical campus in East Baltimore. The five-story complex will be called Jefferson Square at Washington Hill. It is being constructed on a plot located between N. Wolfe and N. Washington streets off E. Fayette Street that used to be the site of the low-income Chapel NDP Apartments, which was razed in 2006. The McLean, Va., based developer of the new structure, Jefferson Apartment Group, also manages properties in Washington, Philadelphia and Florida.
EXPLORE
January 31, 2013
The new CA Symphony Woods plan is much, much larger than the original plan approved by the Planning Board. It has multiple theaters, three restaurants, a conference center, a possible new CA headquarters, multiple elevated walkways (about 600 feet and 1,000 feet long) and other amenities along these pathways. Don't forget the existing Toby's will be converted into about 1,750 space parking structure likely costing $25 million. The proponents of the plan said "Think Big. " To some, "Think Big" means "Build Big. " "Build Big" can be a forceful way to make an impact.
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF | May 22, 1996
MIE Properties Inc. has formed a joint venture with an Anne Arundel County landowner to develop $60 million worth of retail and industrial space between Baltimore and Annapolis.The Catonsville developer's partnership with landholder George Cromwell to develop the 110-acre Cromwell Business Center in Glen Burnie is MIE's second new industrial project in the county.In December, MIE bought 31 acres in the International Trade Center business park from the Rouse Co. MIE plans to construct there 310,000 square feet of "flex" office and industrial buildings valued at $16 million.
BUSINESS
By Steve Kilar, The Baltimore Sun | June 20, 2012
The developer of city-owned land over the Shot Tower Metro station wants to again revise its plans for the parcel, which has sat unused since 2004, the city's development corporation said Wednesday. The Cordish Cos., which gained development rights to 701 E. Baltimore St. in 2005, now wants to build a structure that contains 226 apartments, 15,000 square feet of retail space and 225 parking spots, according to a statement from the Baltimore Development Corp. The revised project is expected to cost about $63 million, according to the BDC statement.
NEWS
By Luke Broadwater and The Baltimore Sun | September 11, 2012
The Baltimore City Council gave preliminary approval on Monday to a proposal for a decade of tax breaks for Harbor Point, the future home of Exelon Corp.'s Baltimore headquarters. Two council members, Nick Mosby and Carl Stokes, voted against including John Paterakis' Harbor East Development Group LLC's latest project in a state-wide tax credit program for economically disadvantaged areas. But the majority of the 14-member council approved the plan, which calls for the roughly 32-acre Harbor Point site to be included in Baltimore's Enterprise Zone.
NEWS
By Steve Kilar, The Baltimore Sun | August 2, 2012
An informational meeting held Thursday for Baltimore officials to review the initial design of a mixed-use development planned for the site of the Morris A. Mechanic Theatre ended with impassioned comments about the proposed demolition of the architecturally significant building. "You people are being manipulated," Baltimore land-use attorney John C. Murphy told the city Planning Department's Urban Design and Architecture Review Panel. Murphy and others in the audience at the public meeting, which had no binding outcome, said the architecture review panel should delay discussion of the plans until a decision is made on whether the theater at Baltimore and Charles streets should be allowed to stand.
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