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Growth and development

    Maryland property values up 20% since 2020, state finds
    The statewide residential and commercial combined assessment increase beat 2022’s overall jump of 12% and is the highest year-over-year value hike in several years.
    colorful row-homes
    Pandora to relocate headquarters from Baltimore to New York City
    The move, though long anticipated, is a gut punch for Downtown Baltimore, which has been home to the Danish jewelry company’s regional head office for Pandora Americas since 2015.
    Pandora a jewelry chain has its corporate headquarter building in Baltimore, Md.
    Former Mondawmin Target space to be called The Village at Mondawmin
    As Mondawmin Mall strives to revitalize, new additions and renovations highlight need for anchor institutions in communities.
    Seen through a chainlink fence covered in black fabric, a construction worker walks past the old Target building at Mondawmin Mall on 12/13/22.
    The building used to be a place for community. Now, an East Baltimore nonprofit plans to sell.
    The former school has hosted a film festival, art shows and photography by neighborhood kids.
    From left: Allison Duggan, Cynthia Gross, Shaerrod Wood, Donald Gresham and Francine Wilks stand for a portrait in front of 814 N. Collington Ave. on 11/19/22. The 814 Coalition is a group of community members trying to keep the MICA Place building available for community members’ use.
    Maryland’s largest county just banned gas appliances in most new buildings — but not without some concessions
    Environmental advocates and officials have mixed feelings about the landmark legislation, which was amended to push back the transition by three years.
    In Port Covington, Baltimore, MD, construction contines throughout the 235-acre complex, November 2, 2022.
    Flood of controversy: Will proposed Ellicott City development mean more rising water?
    The Taylor family is facing fierce opposition from residents wary of a development project after flooding in downtown Ellicott City that shuttered businesses and threatened people’s livelihoods. A 2017 hydrological study showed that development partially exacerbated the devastation.
    A photo illustration of Taylor Villages properties and a housing contract that prohibits residents from speaking out against future development.
    Marylander who leads EPA’s mid-Atlantic region strives to build environmentally safe, climate-resilient communities.
    Goucher College graduate and former local official now leads EPA’s mid-Atlantic Region, which covers Delaware, the District of Columbia, Maryland, Pennsylvania, Virginia, West Virginia and seven federally recognized tribes.
    The Edmonston pumping station, which Adam Ortiz upgraded with $6 million in funding from Prince George's County, which substantially enhanced its capacity to drain floodwaters and is a lasting solution to Edmonston's flooding problem.
    FAQ: How were developers allowed to change the Port Covington name to Baltimore Peninsula?
    The name of the neighborhood, Port Covington, is not changing, according to city officials. But the overall area bought, controlled and managed by the developers is being rebranded.
    MaryAnne Gilmartin the newest developer to take on building Port Covington out, takes Banner reporters for a tour in Port Covington, Baltimore, MD, November 2, 2022.
    Port Covington has a new name: Baltimore Peninsula
    The change, made public this week, is an attempt by new developers at the New York-based MAG Partners and the San Francisco-based MacFarlane Partners to turn a page on a contentious project that has faced delays, turnover and public criticism for its heavy reliance on subsidies.
    In Port Covington, Baltimore, MD, construction contines throughout the 235-acre complex, November 2, 2022.
    With a new team and coming rebrand, Baltimore’s Port Covington developers hope to turn a page. Will it work?
    Real estate development firm MAG Partners has taken over Port Covington and aims to leave the past behind. It will announce a new name for the development this week.
    MaryAnne Gilmartin, founder and CEO of MAG will redevelop, and re-brand Port Covington, Baltimore, MD, November 2, 2022.
    What to know about CFG Bank, the little-known bank that bought the naming rights to Baltimore’s downtown arena
    The Baltimore Banner sat down with CFG Bank founder and board chair, John W. “Jack” Dwyer, and CEO and president, William C. “Bill” Wiedel Jr., to discuss the bank’s expansion and growing footprint in the city.
    Bill Wiedel, CEO of CFG Bank, speaks at the announcement of the Baltimore Arena's name change to CFG Bank Arena.
    Topgolf opens Friday in Baltimore
    The facility is the first anchor to open in the new South Baltimore entertainment corridor, which aims to connect existing M&T Bank Stadium with Horseshoe Baltimore Casino.
    Exterior of M&T Bank Stadium and Topgolf in South Baltimore on 10/7/22.
    ‘Rebirth’ of Baltimore’s historic Lexington Market launches with a soft open on Monday
    The soft launch marks the unveiling of a renovated space called the South Market, a $45 million redevelopment project that has been in the making for four years.
    An artist's rendering shows the exterior of Lexington Market lit up by bright lights as people and cars rush by in front.
    Young Baltimore parents feel immediate effects from guaranteed income
    Baltimore's experiment in universal basic income is two months in, and initial payments have meant newfound stability for at least some participants.
    Ariana Williams is a participant in Baltimore’s guranteed income pilot program, which pays 200 young parents $1,000 per month in no-strings-attached financial support.
    Topgolf Baltimore to open ‘within the month,’ connecting Horseshoe Casino and M&T Bank stadium
    The golf venue is first anchor in what will be the Warner Street Entertainment District.
    Exterior of Topgolf in South Baltimore on 10/7/22.
    Black Baltimore couples look to transform farmland to honor Black foodways
    The couples envision transforming 68 acres and creating an an opportunity to return Maryland’s foodways to their Black roots.
    Linda and Floyd Taliaferro and David and Tonya Thomas aim to return Maryland’s foodways back to its Black roots with their purchase of a 68-acre farm in Upperco. They are pictured here on the future farmland.
    Northrop Grumman’s Baltimore-area campus expands amid the journey back into space
    Company opens its newest — and largest — Maryland Space Assembly and Test facility.
    Northrop Grumman celebrated the ribbon cutting of its brand new Maryland Space Assembly & Test 2 (MSAT2) building on September 19, 2022.
    Baltimore’s Port Covington development project lands bank as first office tenant
    The deal with CFG Bank, a commercial bank currently headquartered near Lake Roland, encompasses about 20% of the roughly 500,000 square feet of office space included in the project’s initial phase
    Port Covington, the long struggling waterfront development in South Baltimore, expects to sign a deal with CFG Bank as its first tenant.
    Maryland cities, counties balance immediate need and longterm impact in federal stimulus plans
    More than $2 billion in American Rescue Plan money has arrived for local governments around the state since last spring.
    6/16/22—Signs reading “Baltimore County Maryland” and “Baltimore County Council” hang on the wall inside the historic Baltimore County Courthouse in Towson, the center of county government.
    Baltimore’s Lexington Market redevelopment is nearing completion. Will the investment pay off?
    The facility’s East Market was closing for good Saturday, and the project’s developer said it’s in the final stretch before a new, adjacent facility opens officially to the public this fall.
    In preparation for the new Lexington Market building to open later this fall, the East Market facility is closing Saturday, Sept. 3 after 70 years in business. The new South Market building will feature a mix of current and new vendors.
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