Archive for the ‘Development’ Category
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Development news round-up
Last time we checked in with a round-up, we were waiting to hear who would be the next two-floor tenant at 100 Light Street. That deal, we are told, has since fallen through, and we still don’t know who the prospective tenant was to be.
Since then, things have been chugging along at a relatively slow [...]
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Development news round-up
Apart from waiting to see who’s going to fill the next big round of office vacancies in Baltimore, most of the news around here has been piecemeal and incremental. In the meantime, here’s what’s happened in development and real estate news in the last week or so.
Monday night, Baltimore City Council’s Live Entertainment bill, which [...]
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Office vacancy rate: Bad … or not?
According to a new report from Reis Inc. (no, not a TPS report), the national vacancy rate for office buildings is 15.9 percent, a four-year high.
“It’s bad,” Reis director of research Victor Calanog said. “It’s decaying and getting worse. Given the depth and magnitude of the recession, you can argue that we are facing a [...] -
Emotions heating up at North Baltimore’s Senator Theatre
An e-mail exchange posted on the Friends of the Senator Theatre blog site caught my attention this morning. On Monday, theater owner Tom Kiefaber wrote an open letter to Councilman Bill Henry and posted it on the site as well. Tuesday, Henry wrote back and his response follows Kiefaber’s letter on the site.
Going on seven [...] -
Development news round-up
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It’s getting to be the dog days of summer, folks, when business-y types would rather hit the [...] -
Big eminent domain case in New York has Baltimore connection
News reports indicate that one of the highest-profile eminent domain lawsuits in the country will go all the way to New York’s highest court, where it will be argued in October.
Developer Bruce Ratner, of Forest City Ratner, wants the Empire State Development Corp. to condemn and seize dozens of properties in a low-density neighborhood near [...] -
Development news round-up
True to the times, development news in Baltimore has been fairly quiet, in the sense that there haven’t been a lot of marquee groundbreakings or huge deals financed. But that doesn’t mean there hasn’t been tons to write about.
So I thought I’d provide you all with a sort of digest of the past week’s development-related [...] -
Neighborhood explorers find visual treasure
When you think of explorers, your mind may drift to Harrison Ford in a pit of snakes or a troop of treasure hunters plundering King Tut’s tomb.
You’ve got the right idea, but you probably wouldn’t group photographers exploring abandoned Baltimore buildings with the likes of Indiana Jones — until now.
Locals Chris Folsom and Chris Piergalline [...] -
The Senator Theatre…congregational church?
Think about it:
1) Baltimore’s historic Senator Theatre is going up for auction next month and the asking price is about $1 million.
2) Councilman Bill Henry, who represents the theater’s district, told me this week he expects that whoever buys it would need another $500,000 just for renovations and upgrades.
3) And who in this economy has [...] -
Fed up with D.C. United?
D.C. United co-owner Victor MacFarlane announced today that he has sold his interest in the soccer club to his partner Will Chang, chairman of the global investment firm Westlake International Group.
The MacFarlane-Chang D.C. Soccer LLC venture still includes one of the owners of the San Francisco Giants, and no other changes in management have been [...]