State of Maryland Awards $9.75 Million for Inner Beltway Revitalization

Sara Luell

NEW CARROLLTON, MD  (September 26, 2018) – The Maryland Department of Housing and Community Development announced Fiscal Year 2019 awards for two revitalization programs that support redevelopment in communities within the Baltimore and Capital beltways. The $9.75 million in awards from the Baltimore Regional Neighborhood Initiative and the National Capital Strategic Economic Development Fund will support…

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The Container Store To Open New Distribution Center in Harford County

Maureen Kilcullen

Leading Storage and Organization Retailer Will Add 150 New Jobs in Perryman Baltimore, Md. (September 4, 2018) – The Container Store, Inc., the only national retailer solely dedicated to providing storage and organization products, will build and lease a 600,000 square-foot distribution center at the Eastgate 95 Industrial Park in Perryman. The project is expected to create…

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Hogan Administration Awards More Than $3.2 Million in Strategic Demolition Funding

Sara Luell

Announcement Made at Groundbreaking for Indian Head Velocity Center ANNAPOLIS, MD – Maryland Department of Housing and Community Development Secretary Kenneth C. Holt today announced Strategic Demolition Fund awards for Fiscal Year 2019 at the groundbreaking ceremony for the Velocity Center, a planned technology hub in Indian Head, Maryland. During his remarks, the Secretary announced $3,285,000 in…

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DATAWATCH SYSTEMS EXPANDS HEADQUARTERS, PLANS 50 NEW JOBS IN MONTGOMERY COUNTY

Maureen Kilcullen

Company will lease 25,000 square-feet at new Bethesda location BALTIMORE, MD (July 5, 2018) – Datawatch Systems, one of the top commercial office security providers in the country, is relocating its headquarters in Montgomery County and adding 50 new full-time jobs over the next four years. The company is moving its operations to a nearby space on…

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Towson economist predicts gloomy 2017 with little job growth

Holden Wilen

Baltimore, MD – Maryland’s economic outlook heading into 2017 looks gloomy with slower than average job growth likely. That dismal prediction came from Daraius Irani, chief economist for the Regional Economics Studies Institute at Towson University, as he addressed the Mid-Atlantic CFO Roundtable Friday at the TU Incubator. Irani said the state faces an uphill climb if…

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Rawlings-Blake: Casino money helped 300 Baltimore residents land jobs

Luke Broadwater

  In addition to 2,000 casino jobs, Horseshoe Baltimore helped 300 city residents get jobs at other businesses Baltimore, MD – Money from Baltimore’s Horseshoe Casino has helped 300 residents find jobs, the mayor’s office said Monday. The Employment Connection Center in South Baltimore has enrolled more 1,200 residents in job-readiness programs and placed 300 people…

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RESI on the Economy: October 2016

Darius Irani

Towson, MD – With the change in seasons, summer is officially over, and fall is upon us. Daylight is getting shorter, the air is getting cooler, and leaves are losing their green hues and falling to the ground. Even with all of this transition, however, not everything is winding down: fall brings pumpkin spice season, Halloween,…

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Comcast Business Expands High-Performance Multi-Gigabit Ethernet Network Across Montgomery County  

Sandy Sponaugle

Investment will bring high-capacity network services to businesses extending from Germantown to Takoma Park Bethesda, Maryland – October 26, 2016 – Comcast Business today announced a multi-million dollar expansion of its fiber-based network across Montgomery County, Maryland. Capable of delivering up to 100 Gigabits-per-second (Gbps) of network capacity, these high-performance Ethernet services will help more…

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Maryland Department of Housing and Community Development Announces FY2017 Baltimore Regional Neighborhood Initiative Awards

Sandy Sponaugle

BALTIMORE, Md. (October 26, 2016) – The Maryland Department of Housing and Community Development today announced the awardees of the FY2017 Baltimore Regional Neighborhood Initiative. Pending Board of Public Works approval, the department will grant over $3.6 million that will leverage an estimated $59 million in other public, private and philanthropic dollars. The Baltimore Regional…

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New Affiliate Program Helps State’s Smaller Towns and Communities Utilize Main Street Maryland Strategies

Sandy Sponaugle

New Carrollton, MD – Designation as a Main Street Maryland  community guarantees visitors an authentic taste of  Maryland charm – historic architecture, boutique shops, theater, art galleries and one-of-a-kind dining. Twenty-eight carefully selected Maryland communities have qualified for the Main Street Maryland program and many more are clamoring to join. Now there is an interim…

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