News

  • Mission, patience, expertise fuel retail center turnaround

    Mission, patience, expertise fuel retail center turnaround

    When he set out to purchase Edmondson Village Shopping Center, Chicago TREND CEO Lyneir Richardson knew his revitalization plan faced enormous challenges. The 1947 center was dilapidated and vacancy was high. The property had been seriously damaged by two fires, drug dealers were active on site and the back lot…

  • Anne Arundel may reduce impact fees for some commercial uses

    Anne Arundel may reduce impact fees for some commercial uses

    Anne Arundel County is evaluating updates to its development impact fee structure that would significantly reduce fees for industrial, office and self-storage uses but increase retail fees. The proposal includes adding two new residential fee categories: one for libraries, another for parks and recreation. Anne Arundel has regularly adjusted the…

  • Breaking Ground – June 19 Bi-weekly RoundUp

    Breaking Ground – June 19 Bi-weekly RoundUp

    Get the latest news from the CREDA Maryland Community. Colliers’ Spring 2026 U.S. Retail Research Report examines how artificial intelligence is reshaping retail real estate, from store design and fulfillment space to technology infrastructure and evolving shopper behavior. Click here for more.  Greenberg Gibbons has launched its second private…

  • Arts and culture programming activates downtown area

    Arts and culture programming activates downtown area

    Cities across the country continue to face challenges attracting and maintaining businesspeople in the post-pandemic environment, which harms downtown restaurants and retailers. But cities such as Baltimore, Boston, Denver and San Francisco are effectively turning to arts and culture programming to activate these urban core areas, with placemaking principles encouraging…

  • West Baltimore opportunity meets tough market

    West Baltimore opportunity meets tough market

    The University of Maryland Baltimore’s nearly $300 million Collegetown development is poised to spur major growth in West Baltimore. But economic conditions, security concerns and government red tape could limit its economic development potential. Approved by the University System of Maryland’s Board of Regents earlier this year,…

  • Anne Arundel development moratorium lifted

    Anne Arundel development moratorium lifted

    Anne Arundel County’s development moratorium in the Baltimore City Sewer Service Area has been lifted. County Executive Steuart Pittman announced the decision in a June 3rd letter to NAIOP.  The letter cited an agreement with the Maryland Aviation Administration allowing the county to borrow unused sewer capacity from BWI…

  • Breaking Ground – June 5 Bi-weekly RoundUp

    Breaking Ground – June 5 Bi-weekly RoundUp

    Get the latest news from the CREDA Maryland Community. Tradepoint Atlantic and MSC have broken ground on a new Baltimore container terminal at Sparrows Point, advancing a major port and logistics development project. Click here for more.  Greenebaum Enterprises President Michael Greenebaum was featured in an interview discussing his…

  • Distressed assets pool expected to grow larger

    Distressed assets pool expected to grow larger

    Owners of and investors in distressed office assets throughout the Mid-Atlantic are facing limited options as vacancy rates rise, interest rates remain elevated, and refinancing proves difficult if not impossible. “We are seeing increased delinquency with commercial mortgage-backed securities (CMBS) loans, and what happens next is very clear, leaving precious…

  • Historic renovation spurs other developments

    Historic renovation spurs other developments

    A bold vision for a derelict building, combined with expertise in structuring capital stacks with tax credits, has sparked multiple redevelopment projects in Upton. The vision began with Dr. Alvin Hathaway, CEO of Beloved Community Services Corporation, who set out to transform the former PS103 building into the Justice Thurgood…

  • Local groups need “growth mindset” to improve Baltimore

    Local groups need “growth mindset” to improve Baltimore

    The renaissance of downtown Baltimore City is on the right track, but local stakeholders are being encouraged to adopt a “growth mindset” to keep momentum going and alter the negative perceptions still held by many outsiders. P. David Bramble, Mohan Suntha, and Lou Kousouris were among the panelists at Bisnow’s…