News
-
Brokers believe federal return-to-office mandate will work
February 5, 2025The Trump Administration’s mandate calling for all employees of the federal government to immediately return to the office or face termination was music to the ears of downtown DC landlords, shop owners, restaurants, and assorted stakeholders in the greater DMV region. But after managing totally remote or hybrid work schedules…
-
Advocates see prospects to grow data center market
February 5, 2025Expansion of Maryland’s first data center campus combined with actions by county and state governments are creating some optimism that Maryland could develop a data center submarket, albeit on a moderate scale. In December, Frederick County officials overwhelmingly approved plans by Rowan Digital Infrastructure to build the Bauxite II and…
-
State seeks to regulate, issue fines for excess energy use
February 5, 2025Proposed legislation by the Maryland Department of the Environment (MDE) would authorize the state to establish building energy use limits by building type and impose fees for failure to comply. House Bill 49 / Senate Bill 256 is the latest effort by the department…
-
Budget crisis looms over General Assembly session
January 9, 2025The Maryland General Assembly reconvened on January 8th for its annual, 90-day, legislative session faced with historic budget deficits, lagging state-wide economic performance, and ambitious policy goals. The state’s deficit problem began with a cash shortfall of $300 million in fiscal year 2025 which is a sharp decline from the…
-
Armory project promises new life for downtown Pikesville
January 8, 2025Proponents of a multi-faceted redevelopment of an abandoned military site in Pikesville believe it could infuse new vitality and substantial foot traffic into a struggling retail strip. State and community leaders began assessing alternate uses for the 14-acre Pikesville Armory site after the National Guard stopped using…
-
NAIOP Maryland announces 2025 Board changes
January 8, 2025NAIOP Maryland’s 2025 Board of Directors includes an array of industry leaders from diverse specialties within the commercial real estate sector. KLNB Principal David Fritz, CCIM, SIOR and Jennifer Hearn, Director of Development, MAG Partners, have been elected to the NAIOP-MD Board of Directors for two-year terms. In addition, Merritt…
-
If You Ask Me…
December 17, 2024What are your business and personal resolutions for the New Year? “To arrange more lunch meetings with commercial real estate brokerage professionals to keep building my network. Taking a lead from my father, Jim, personally I would like to perform better than the year before and be more giving.”…
-
Sykesville crafts plan for thriving downtown
December 17, 2024The Town of Sykesville has started implementing an award-winning plan to boost charm, accessibility, public uses and commercial activity in its downtown. This fall, the Maryland Chapter of the American Planning Association (APA MD) named the Sykesville Downtown Improvement Project as the winner of its 2024 Neighborhood Revitalization Award.
-
Maryland prepares to stack building decarbonization regulations
December 17, 2024Despite requiring reductions in emissions and energy use in a billion square feet of commercial and multifamily buildings, Maryland’s Building Energy Performance Standards (BEPS) will not be enough to meet the state’s 2031 climate goals. Maryland and other leading climate states, supported by federally funded non-profit organizations, are developing a…
-
Bill would make sweeping revisions to construction and energy codes
December 4, 2024Members of the Maryland House of Delegates are preparing to reintroduce the “Better Buildings Act,” which would ban the use of fossil fuels for water and space heating in new construction and major renovations, mandate a glide path to zero energy buildings as well as installation of…