Archive for the ‘News’ Category

Baltimore has Third-highest Income growth in U.S.

The Baltimore area ranks third in a study that measured income growth among the U.S.’ largest metro areas during the past 25 years, according to The Baltimore Sun. Conducted by Portfolio.com, a business news website, the study analyzed 25 time spans ending in 2009, ranging from a single year to 25 years, and ranked income growth in 100 U.S. cities using 25

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MARCA Member will Give Away Green Roof

MARCA member Cole Roofing Co. Inc., Baltimore, will give away a green roof system valued up to $30,000 to a nonprofit organization; the winning organization will receive a vegetative roof system or solar integrated roof system. During the nomination period, which ends Nov. 15, nonprofits must submit videos explain how they can most benefit from a new green roof system.

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Plan for D.C. Hotel is on Hold

Plans to build the first green luxury hotel in Washington, D.C., have been put on hold, according to the Washington Business Journal. In late 2007, Starwood Capital Group, Greenwich, Conn., and Perseus Realty LLC, Washington, D.C., announced an agreement to build the hotel, which was designed to have up to 180 rooms, in the West End under Starwood Capital Group’s 1

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Baltimore Hotel Projects are Stalled, Scrapped

Only three of 14 hotel projects planned in and around downtown Baltimore are on target to open this year, according to The Baltimore Sun. The economic slowdown has led to dormant locations and delayed or cancelled opening dates. The most common reason for the stalled projects has been developers’ inability to obtain financing. Fourteen hotel projects were supposed to be finished

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