BUSINESS
By Ken Harney | August 24, 2007
To add to mortgage meltdown miseries, the credit panic, plunging home sales and rising foreclosures, here's a new worry: a proposed cutoff of mortgage-interest tax deductions for all houses with more than 3,000 square feet. One of Capitol Hill's most experienced and powerful legislators is drafting a "carbon tax" bill that would do precisely that. Rep. John D. Dingell, the Michigan Democrat who heads the Energy and Commerce Committee, expects to introduce comprehensive climate change reform legislation once the House returns next month.
BUSINESS
By Lorraine Mirabella | March 28, 2007
Developers expect to complete the second major warehouse at the new Baltimore Crossroads @95 business park in Baltimore County by July, First Industrial Realty Trust Inc. said yesterday. First Industrial, a developer of industrial buildings, started work on a 300,000-square-foot warehouse despite the lack of a tenant. The Chicago-based company also is completing a 130,000- square-foot building for moving company Alexander's Mobility Services to occupy in the next 30 days. Eventually, the 1,000-acre, mixed use business park near White Marsh is expected to employ more than 10,000 workers at more than 5 million square feet of flex/office, office, warehouse and industrial space, 400,000 square feet of shops and two hotels.
BUSINESS
By Lorraine Mirabella | June 7, 2007
Real estate investment manager RREEF has purchased a three-building industrial portfolio in Columbia for $125 million and is marketing the warehouse and distribution space to national and local companies, the buyer said yesterday. RREEF, a division of DB Real Estate, the real estate investment management group of Deutsche Asset Management, bought the buildings in Gateway Commerce Center at Route 175 and Interstate 95 from INVESCO PLC, the company said. RREEF manages $40.5 billion in pension fund real estate investments for more than 480 corporate, public and international clients.
BUSINESS
February 24, 2007
Certifications Tania Orenak, Tess Scutt and Sarah White of Maryland SportsCare & Rehab have been certified by the National Athletic Trainers Association. Contracts CompuDyne Corp. of Annapolis received a $500,000 contract from Volusia County, Fla., to integrate the records management system of the sheriff's department and the county's criminal justice information system. Expansions Clifton Gunderson LLP, a regional accounting firm, expanded its Timonium office space by 6,800 square feet.
NEWS
By Jill Rosen | February 23, 2007
U.S. Lacrosse wants to leave its cramped North Baltimore home for a new $25 million headquarters and sports complex at the Inner Harbor - a prominent site that the organization hopes would give the growing sport more stature. The organization's leaders want to build the National Lacrosse Center on the waterfront near Fells Point rather than move it out of Maryland. But officials said yesterday that it cannot happen without nearly $8 million in aid from the state and subsidies from the city.
BUSINESS
By Lorraine Mirabella | September 14, 2007
Two projects to transform large swaths on both sides of Baltimore's Middle Branch waterfront are moving forward, including a sports-themed office and recreation park south of M&T Bank Stadium and a mix of new homes, shops, offices and a hotel along Westport's formerly industrial shore. Gateway South, a sport-themed project planned for Russell Street to the Middle Branch, won city design approval yesterday for its master plan. Cormony plans The lead developer, Cormony Development, would build two large office buildings, one possibly as an iconic, football-shaped tower; a 90,000-square-foot sports complex with playing fields and recreational activities such as indoor golf, a fitness center and swim club; and shops.
BUSINESS
October 3, 1999
Chateau Builders has opened a model at its Rider Mill community in Owings Mills.The community, which features public water and sewer, gas heat, has five floor plans available.The model, the Tilghman, is a four-bedroom, two-story transitional that starts at $205,990 for 2,430 square feet.The first floor features a foyer, 14-by-12-foot living room, 11-by-12-foot dining room, 11-by-13-foot kitchen, 11-by-11-foot breakfast nook, 20-by-15-foot family room and a two-car garage.The second floor consists of 12-by-13-foot bedroom, bathroom, 12-by-13-foot bedroom, 12-by-11-foot bedroom, 15-by-16-foot master bedroom with master bath and walk-in closet.
NEWS
By Timothy B. Wheeler | November 15, 1999
LA PLATA -- Aiming to ease Charles County's growing pains by building more upscale housing, local officials are considering an unprecedented size requirement for new homes -- a move that is drawing fire from developers and community activists.The commissioners of the rapidly growing Southern Maryland county have proposed requiring that detached, single-family homes have at least 1,650 square feet of floor space if they are to be built in the northern fifth of the county, which is designated for development.
BUSINESS
September 12, 1999
Notices of new models, new construction or proposed developments can be sent in the following ways: Mailing address: Real Estate Section, Fifth Floor, 501 N. Calvert St., Baltimore, MD 21278-0001. Fax: 410-783-2517. E-mail: real.estate@baltsun.comWillow Pond EstatesGrayson Homes has opened a model at Willow Pond Estates in Westminster in Carroll County.The community, which features public water and sewer and natural gas heat, is adjacent to Willow Pond and 17 acres of woods owned by the city of Westminster.
NEWS
By Dail Willis | October 10, 1999
In Baltimore, 4,000 square feet equals five rowhouse lots. In Havre de Grace, it equals five months of political brouhaha.Controversy has clung like morning mist to a vacant lot a stone's throw from the Susquehanna River in this historic Harford County town since May, when a newly elected councilwoman questioned the lot's size.Advertisements to sell the 10,000-square-foot, city-owned lot described it as 4,000 square feet smaller than it was. The error was acknowledged by the City Council, but that failed to defuse a dispute that mushroomed into angry public meetings, widespread gossip, and City Council members sparring through letters and ads in the local paper.