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Giacomo

Giacomo Bologna

business reporter


Giacomo “Jack” Bologna covers business and development at The Baltimore Banner. Before joining The Banner, he worked at The Baltimore Sun, the Baltimore Business Journal and newspapers in Mississippi and Missouri. Jack is originally from Michigan.

The latest from Giacomo

Guinness’ decision to close Baltimore County brewery leaves behind a bitter taste
Politicians worked hard to secure the Guiness Open Gate brewery in Baltimore County. Now, the company is shutting down the location, leaving a bitter taste behind.
A statue of a beer man greets visitors to the Guinness Open Gate brewery.
Under Armour’s old Tide Point headquarters loses its buyer
Under Armour reached a tentative agreement in summer 2025 to sell its former Tide Point headquarters in Locust Point to Baltimore developer Mark Sapperstein of 28 Walker Development. But that deal never formally closed, and Sapperstein confirmed that he is no longer under contract to purchase it.
Baltimore developer Mark Sapperstein confirmed Wednesday that he is no longer under contract to purchase Under Armour’s former Tide Point headquarters in Locust Point.
In an unusual move, Baltimore takes an equity stake in a local watchmaking company
Baltimore’s economic development arm recently invested $275,000 in the Baltimore Watch Company.
Baltimore’s economic development arm recently invested $275,000 in the Baltimore Watch Company.
Local developer to buy remaining undeveloped land at Baltimore Peninsula
Mark Sapperstein of 28 Walker Development said he has a contract to buy about 90 acres of undeveloped land in South Baltimore.
The former footprint of Sun Park, the Baltimore Sun printing plant, has yet to be developed at Baltimore Peninsula.
Baltimore’s city-owned convention center hotel had its worst year ever
The Hilton Baltimore Inner Harbor, the city-owned convention center hotel, had its worst-performing year in 2025, a new financial disclosure shows.
Hilton Baltimore Inner Harbor, February 21, 2025.
Why BGE thinks city residents should pay higher utility bills than county residents
The proposal calls for city customers to face a surcharge of around $9 per month to accommodate conduit-related expenses.
TUESDAY, OCTOBER 20, 2026 - BGE president and CEO Tamla Olivier speaks at a press conference in downtown Baltimore on Tuesday, addressing the utility's proposed conduit surcharge for city residents.
Harborplace plans revealed: A luxury hotel and $7,000 rents
A confidential report reveals plans for $7,000 apartments, a luxury hotel and up to $366 million in tax relief for Baltimore's Harborplace redevelopment.
The Inner Harbor and Harborplace on Thursday, April 11, 2024.
Artists made this East Baltimore industrial site cool. Can tax incentives make it cooler?
Cross Street Partners, along with Philadelphia-based Shift Capital, wants to transform Baltimore’s 1 million-square-foot former Crown Cork & Seal campus into a mixed-use redevelopment.
Cross Street Partners, along with Philadelphia-based Shift Capital, wants to transform Baltimore’s 1 million-square-foot former Crown Cork & Seal campus into a mixed-use redevelopment.
Redevelopment or not, Mayor Scott wants Harborplace pavilions torn down
Mayor Brandon Scott said the outdated Harborplace pavilions must go to spur investment in Baltimore’s Inner Harbor.
Mayor Brandon Scott speaks during Impact Maryland at M&T Bank Stadium in Baltimore on Wednesday.
Harborplace developer never formally applied for downtown tax break
Baltimore’s law department says no applications have been submitted for the city’s downtown property tax break program. Yet the city is poised to award a tax break anyway.
Harborplace on Baltimore’s Inner Harbor.
One of Baltimore’s biggest landlords made a foray into Cleveland. It’s not going well.
Riparian, one of Baltimore’s biggest landlords, bought 172 homes in Cuyahoga County last year, almost all of which are in Cleveland. A new report in Ohio alleges the majority of them are in disrepair.
Progressive Maryland communications director Christianne Marguerite and community organizer Don Mahoney join organizing director Mark Shipley as he knocks on the door at Riparian Management headquarters in the Mount Vernon neighborhood of Baltimore on Wednesday.
Judge hopes 2-month sentence will deter mortgage fraud in Baltimore
Judge Matthew J. Maddox sentenced 31-year-old Alexander Schultz, formerly of Pikesville, to two months in jail for conspiracy to commit bank fraud.
Judge Matthew J. Maddox sentenced 31-year-old Alexander Schultz, formerly of Pikesville, to two months in jail for conspiracy to commit bank fraud.
Can giant Legos solve Maryland’s housing shortage? Gov. Moore wants to find out.
Gov. Wes Moore and other government officials held a press conference Thursday in the South Baltimore neighborhood of Curtis Bay, where they toured a partially constructed modular home.
Gov. Wes Moore signs one of two executive orders focused on lowering housing costs on the site of a modular home being built in Brooklyn on Thursday.
Think Harborplace is big? Baltimore developer has an even bigger project in Montgomery County.
Baltimore-based MCB Real Estate has two of the most ambitious real estate projects in Maryland. Now it needs to find the money.
MCB Real Estate plans to break ground on Viva White Oak before the end of the year. The mixed-use development will include housing, retail, outdoor space and more.
Harborplace developer mum on demolition schedule
Less than a month before a proposed Oct. 15 construction start, the demolition timeline of Harborplace in downtown Baltimore appears to be up in the air.
The Baltimore skyline is seen above the Harborplace pavilions and the Inner Harbor.
Private lender sues New York investors for ‘extensive’ fraud in Baltimore
Private lender AmeriTrust sued New York-based investors for $14M fraud, alleging inflated Baltimore home values and racketeering.
A private mortgage lender alleges a group of New York investors in Baltimore properties cost it more than $14 million.
She couldn’t think about the Kansas town that took her in on 9/11. Now she’s going back.
On Sept. 11, 2001, a flight from Baltimore was diverted to Kansas, where passengers spent three surreal days that left them deeply grateful.
On Sept. 11, 2001, a flight from Baltimore was diverted to Kansas, where passengers spent three surreal days that left them deeply grateful.
Construction permits filed for Inner Harbor, Harborplace redevelopment
This month, a contractor for Baltimore-based MCB Real Estate filed an application with the city for construction permits on several parcels along and near Baltimore’s waterfront.
Water levels are low in Baltimore's Inner Harbor as the tide starts to come in on Thursday.
The bank that controls the undeveloped land at Baltimore Peninsula might sell it off
In a new filing, Bank OZK said it was now considering splitting up the undeveloped land at Baltimore Peninsula, calling it a “complex asset with multiple parcels.”
The former footprint of Sun Park, the Baltimore Sun printing plant, has yet to be developed at Baltimore Peninsula.
New home construction in Maryland is slumping. Can Congress fix it?
Maryland is on track to build its fewest new housing units since the Great Recession. A new law passed by Congress could change that.
A construction worker installs windows at Reservoir Square, an eight-acre, $170 million mixed-use development currently under construction at 600-800 West North Avenue.
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