Baltimore Checkbook

How fast is Greater Baltimore's employment base...

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Another day, another 23.2 jobs for the Baltimore area. That’s the pace of private-sector job creation in the Baltimore area during the past 10 years, based on a new analysis of official data from the U.S. Bureau of Labor Statistics. Percentages and raw totals are the tools commonly used to measure employment growth, but the Business Journals opted for a third metric, calculating the average daily change between September 2006 and the same month this year. It was a volatile period (to say the…

Here's where to get Election Day specials on food...

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Hillary Clinton and Donald Trump may not be five-star athletes, but Greg Keating of the 206 Restaurant Group said Election Day on Nov. 8 will be like a “great political sport” in terms of the interest it is garnering. The heated contest between Clinton and Trump for the right to be called the next president of the United States has been heated and front and center in nearly every aspect of our daily lives for months. But after you cast your vote for the presidential election, as well as for all…

Here's a look at Kevin Plank's new water taxis in...

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Demian Costa was unsure when he first met with Maritime Applied Physics Corp., that the maritime design and manufacturing company would be able to bring the vision Kevin Plank and his investment company, Sagamore Ventures, had for the new Baltimore Water Taxis to life, for the price they were hoping for. But they did. The MAPC team had developed a concept for a fleet of custom-designed aluminum boats for what Costa, the managing partner of Sagamore Ventures, said was a much better price than he…

Mitch Halbrich, staffing executive and BBJ...

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Mitch Halbrich, a longtime local staffing executive and Baltimore Business Journal columnist, died Nov. 4 after a battle with lung cancer. He was 61. Halbrich had been working in Baltimore-area recruiting for over 30 years, most recently as a senior director at Randstad Professionals. In addition to his work at Randstad, Halbrich was a member of Center Club’s board of governors, and spent time on the board of Y of Central Maryland. Halbrich was also a contributor to the BBJ, often writing for the…

Caves Valley, city reach deal for $6.5M makeover...

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Merchants at Cross Street Market were informed Monday morning that the 64-year-old structure will be shuttered for 10 months beginning in April for a $6.5 million overhaul under a new management agreement with the city. The agreement is expected to be presented to the city’s Board of Estimates on Wednesday at City Hall. It specifies that Towson-based Caves Valley Partners will take over the Cross Street Market property on Jan. 1 and manage and upgrade it under the redevelopment. The city will retain…

Previewing the 11 questions on Baltimore's ballot

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There’s no doubt the presidential election has dominated the discussion surrounding Tuesday’s election. But in Baltimore City, voters will also be staring down at ballots that have far more on it than the key races. There are 11 other ballot measures — 10 local and one statewide — that need a majority of the popular vote to pass. Here’s a look at what each one means, and click here to see a sample ballot to read each question in detail. Maryland Question 1: This new state constitutional amendment…

Health care REIT pays $36.3M for Upper Chesapeake...

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A joint venture involving MacKenzie Commercial Real Estate has sold two medical office buildings in Harford County to a national health care real estate investment trust. The buildings, located adjacent to the University of Maryland Upper Chesapeake Health Medical Center in Bel Air, total nearly 114,000 square feet. Lutherville-based MacKenzie and York, Pa.-based Kinsley Properties sold the properties to Nashville, Tenn.-based Healthcare Realty Trust Inc. (NYSE: HR). The company paid $36.3 million…

Procter & Gamble plant construction sparks war...

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Procter & Gamble Co.’s construction of a $500 million manufacturing plant in West Virginia has ignited a war over water rights with neighboring Maryland. West Virginia’s attorney general is threatening to sue Maryland in the U.S. Supreme Court unless an agreement is reached by Nov. 21 to allow enough water to be withdrawn from the Potomac River to meet the needs of the plant being built by the Cincinnati-based consumer goods company A spokesman for the maker of brands such as Head & Shoulders…

8 things you need to know this morning (Video)

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Good morning, hope you have a productive start to your work week. It’s certainly cold out this morning, but over the course of the day it’ll warm up again into the mid-60s. There shouldn’t be any weather-related problems on Election Day, either. Here are eight things to know to get your day started. The Ravens stifled a high-powered Steelers offense yesterday to win, 21-14. In Pittsburgh’s first 12 dives, the Ravens held the team to two first downs, nine three-and-outs and two turnovers by quarterback…

Brothers plot new IHOPs, a sports bar chain in...

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Sanjay Patel doesn’t quite know how to describe himself. Restaurateur? Developer? He and his brother, Neal, are actually both. They run Imperio Groups, a Virginia-based real estate development company that specializes in franchised restaurants, hospitality properties, commercial real estate and consulting. The company, which just opened a new IHOP in Aberdeen, is planning on opening more of the pancake restaurant chain in Maryland and is also working on creating local sports bars in the state. “Maryland…