Baltimore Checkbook

Amtrak narrows down list of developers for Penn...

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Three developers — including some well-known local names — have been selected as finalists by Amtrak to launch a long-awaited redevelopment of Penn Station that could begin in 2018. The short list of developers was crafted after a 10-month process by Amtrak to seek out input from local, regional and national developers interested in the project. The groups are: Penn Station Partners: Beatty Development Group, led by Harbor Point developer Michael Beatty; Armada Hoffler Properties, Cross Street…

BDC seeks developer for former Polock Johnny's...

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A six-story, city-owned building once owned by the Polock Johnny’s Polish sausage company is on the market. The 16,301-square-foot building at 111 W. Lexington St. on downtown’s west side is being listed for sale and redevelopment in a request for proposals by the Baltimore Development Corp. The property is located in the Bromo Tower Arts & Entertainment District and was built in 1904. State records show the city purchased it in December 1993 for $250,000 from Polock Johnny’s, a Baltimore Polish…

Key Brewing Co. opens tap room at Dundalk...

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Key Brewing Co. has continued to grow since beginning production last October in Dundalk and now the owners are ready to invite the public in to enjoy the beer with them. The brewery started by Federal Hill neighbors and friends Spike Owen and Mike McDonald opened its tap room over the weekend at its production facility at 2500 Grays Road in Dundalk. The 1,000-square-foot tap room grows the brewery’s current 20,000-square-foot space that sits inside a former Bethlehem Steel storage facility. “We…

Alaska Airlines to offer nonstop flights from BWI...

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Alaska Airlines will launch nonstop flights between Baltimore/Washington International Thurgood Marshall Airport and San Diego starting in March. The daily flights mark Alaska Airlines’ third destination out of BWI, adding to Los Angeles and Seattle. Alaska Airlines (NYSE: ALK) will begin the service to San Diego International Airport on March 15. A daily flight will depart at BWI at 6:15 a.m. A direct, overnight flight from San Diego to BWI will depart at 10:55 p.m. Alaska Airlines become the…

$20 off Amazon Prime membership for debut of 'The...

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Save $20 on an annual Amazon Prime membership on Friday, according to a news release.

The $79 Prime promotion, for new members, celebrate Amazon’s new original series “The Grand Tour,” debuting Friday. The show stars Jeremy Clarkson, Richard Hammond and James May motoring around on a global adventure…

Taxes for developers on the rise in Montgomery...

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Developers, you’ll be paying more to build in Montgomery County. The Council Council on Tuesday approved, unanimously and with little discussion, revised development impact tax rates. The rates, for both the school and transportation-related taxes, are changed every two years. Since 2005, development impact taxes have raised $211.1 million for schools and $113.2 million for transportation. The numbers vary greatly year over year. The school tax generated $45.8 million in fiscal 2014, for example,…

Maryland PSC backs only a portion of Pepco's rate...

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The Maryland Public Service Commission voted Tuesday to allow Pepco (NYSE: EXC) to raise its rates, but not nearly to the level the power provider requested. Pepco sought to hike its electric distribution rates to generate $126.8 million in additional revenue, which would have led to a $15.80 spike in the average monthly residential bill. Instead, the PSC agreed to $52.5 million, raising the average monthly bill by $6.96. The new rates are now in effect. In 2015, according to the Maryland PSC,…

8 things you need to know this morning

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Good morning, and happy Wednesday. Expert the weather pattern to stay the same as it has been the past few weeks. It’ll start out cold this morning and eventually get mild into the 60s. This weekend is going to bring a cold blast, though, and we could even see a few snowflakes(don’t worry, no accumulation). Here are eight things to know to get your day started. Hoping to see Sen. Bernie Sanders speak at Johns Hopkins tomorrow? You’re already out of luck. Seats for reserved and overflow seating…

'Westport will come next,' Plank Industries CEO...

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Plans for 43-acres of waterfront land in Westport owned by Under Armour CEO Kevin Plank will be tackled in the future, a Plank Industries executive said Tuesday. Tom Geddes, CEO of Plank Industries, which includes Sagamore Development, said during an interview on WYPR-FM’s Midday show that the property on the Middle Branch of the Patapsco River was still a work in progress. Across the water, Sagamore is redeveloping more than 200 acres of land at Port Covington into a mixed-use project. “Westport…

&pizza lands $25 million in funding, targets...

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Washington, D.C-based &pizza completed a $25 million funding round to further expand its presence outside of the nation’s capital. The investment comes from Boston-based Avalt, which has partnered with other firms that have helped grow Outback Steakhouse, Domino’s Pizza and Dunkin’ Donuts, said &pizza CEO Michael Lastoria. The investment builds on a $1.9 million investment&pizza grabbed in 2014 and $10 million it raised in 2015. With the new funding, the chain hopes to open stores in New York,…