Many slipholders at the Baltimore Yacht Basin are scrambling to move, after the new owner of the small but storied marina on the Middle Branch, the real estate firm backed by Under Armour CEO Kevin Plank, sent a letter about a week ago announcing their leases would be terminated.
A new proposal to turn the land into an Under Armour campus and mixed-use neighborhood would take the area even farther from its industrial roots. But this plan, privately backed by the company's billionaire CEO, is unlikely to provoke similar upset, many said, especially because it provides an alternative to the company expanding into port operations in Locust Point.
Under Armour CEO Kevin Plank said Monday he wants to create a new neighborhood on the more than 120 acres that he has assembed in Port Covington, anchored by a central Under Armour headquarters and enlivened by shopping, restaurants, a whiskey distillery — even horse stables.
Baltimore's assessable tax base increased by $1.3 billion last year, the state tells us, so what's wrong with this picture? What's wrong is this: Baltimore's growing wealth could cost it $14 million in state funding for our public schools.
Home sales in the Baltimore area had their best January in eight years, and all signs point to a strong spring market, real estate analysts said. Numbers released by the RealEstate Business Intelligence and the Greater Baltimore Board of Realtors — reflecting slightly different spans of time — show January sales up by 18.4 and nearly 17 percent respectively compared with a year before. The sales figure was the best since 2007, RBI reported.
The historic but rundown vacant building at 45 E. Gordon St. in Bel Air, a former Harford County Public Schools headquarters and a former home of Bel Air High School, sold at public auction Thursday for $101,000.
A Salisbury manufacturing plant threatened with closure more than 20 years ago is once again slated to be shut down, a blow to the Eastern Shore city which is still working its way back from the recession.
The Covington area in South Baltimore has once again under focus, as Plank's private development firm, Sagamore Development Co. has paid more than $95 million for at least 120 acres of land, placing ownership in the hands of holding companies tied together by financing documents, common attorneys and managers.
Advocates say smart growth policies pioneered in Maryland in the 1990s and strengthened under Governor Martin O'Malley are key to boosting economic development, with benefits that go beyond containing sprawl and protecting the environment. The question is whether Gov.-elect Larry Hogan, a Republican real estate developer, will sustain those policies.
Maryland lays claim to an abundant share of American history, much of it preserved in our homes and the very land on which they stand. In few places is that more evident than in Ellicott City¿s Folly Quarter Manor and Equestrian Estate, a piece of our nation¿s past on the market for $7 million.
A small Maryland-based firm that owns nursing homes across the country has experienced explosive growth in recent years, propelled by consolidation among its tenants, changes wrought by health care reform, and increased investor demand for medical properties.
Ravens offensive tackle Eugene Monroe has more than four years left on his team contract, but he's already trying his hand at another game: real estate. The 27-year-old player founded a development firm in February with a former college teammate. The business, 4th Down Partners, is one of a group of investors in the $250 million redevelopment planned between Federal Hill and M&T Bank Stadium in Sharp-Leadenhall.
Home sales in the Baltimore area jumped in October for the third straight monthly increase over last year, as median prices continued to be dragged down by a sharp jump in distressed property sales, according to a real estate analyst's report.
Omega Healthcare Investors Inc. could become a $10 billion company after the Hunt Valley real estate trust that owns skilled nursing and assisted-living facilities announced a deal Friday to acquire Chicago-based Aviv REIT Inc.
A Columbia-based real estate firm is looking for the right tenant to kickstart development of its waterfront property in Canton, with plans for four glassy office buildings that could create a kind of Harbor farther East
City Councilman William H. Cole IV appeared as the new president at his first public meeting of the Baltimore Development Corp. Thursday, on a day when the mayor announced six new board members and the board approved three new projects for the city's west side.
The redevelopment of a former Army base in the Blue Ridge mountains doesn't initially appear to have much in common with the renovation of the historic Hippodrome Theatre on Baltimore's west side. Except one thing: "it's at least as big a challenge."
Tribune is just the latest multimedia news company to split up its broadcasting and publishing assets, joining Rupert Murdoch's News Corp. and E.W. Scripps, which completed such a spinoff just last week. Such separation is gaining momentum as traditional media seek to adapt to the fast-evolving digital landscape.
St. John Properties of Baltimore is in the market for a few used casinos. Nothing too flashy, nothing on the scale of the 57-story glass tower of the Revel Atlantic City, up for sale next month at a bankruptcy auction two years after the $2.4 billion project opened. Something more modest, such as the Reserve Casino and Hotel in Central City, Colorado and the Boomtown, near Reno, Nevada, which St. John picked up for a fraction of what they were once worth.