Adrian Maties
New Master Plan will Create a More Bike-Friendly Baltimore
Just like neighboring Washington, D.C., the city of Baltimore is also doing its best to become greener and healthier. At the end of March, the city has adopted a new Bike Master Plan, which will help it expand its network of biking facilities and become more bicycle-friendly.
LifeBridge Health to Invest $250M in Westminster’s Carroll Hospital Center
Last November, LifeBridge Health announced its plans to acquire the Carroll Hospital Center. A few day ago, members of Carroll County Health Services Corporation, parent company of Carroll Hospital Center, voted to approve the affiliation agreement. With the signing of the final documents, Carroll Hospital Center has now become a subsidiary of LifeBridge.
C-Care Expands in the Baltimore Area
Hair and skin care product manufacturer C-Care is expanding its manufacturing operations in the Baltimore region. CAG USA, Inc., C-Care’s parent company, has recently acquired two properties in Curtis Bay and Linthicum for its subsidiary. The total cost of the two acquisitions was $6.7 million.
K&D Group Buys Another Cleveland Landmark
Another downtown Cleveland office building has recently changed hands. But, in spite of the office-to-residential-conversion trend currently present in the Cleveland area, this one won’t be redeveloped into apartments.
Downtown D.C. Office Building Sells for $109M
The hot Washington, D.C., office market continues to attract more and more investors. The most recent building to change hands is located at 2025 M Street NW, in the city’s Golden Triangle area. Mikeone EK purchased the asset for $109 million.
Gilbane Launches ‘The Verge’ for UC Students
Gilbane Development Company is bringing its “Next Level of Student Housing” program to Cincinnati. The Providence, RI-based developer is currently working on The Verge, a brand new, modern apartment community at the corner of West McMillan Street and West Clifton Avenue, just one block from the main campus of The University of Cincinnati.
Miller-Valentine Eyes 2 Projects in Southwest Ohio
The Miller-Valentine Group has big plans for Southwest Ohio. According to recent news, the commercial and multifamily real estate development and construction company intends to start work in the near future on two projects in the Dayton and Cincinnati metro areas.
Expansion Plans Promise 250 New Jobs
Two companies are expanding in the Cincinnati-Dayton corridor. According to recent news, Masters Pharmaceutical and Quaker Chemical Corp. will bring a total of 250 jobs to the area.
Two Hospitals to Build New Cancer Center In Baton Rouge
Mary Bird Perkins – Our Lady of the Lake Cancer Center has once more joined forces with Woman’s Hospital in the battle against cancer. The two hospitals announced last week that they are teaming up to build a new cancer center in Baton Rouge and establish a new system of care that will promote a higher degree of physician collaboration, coordination and disease management for patients with breast and gynecologic cancers.
Micro-Hotel Format to Make its Capital Debut in Chinatown
A new type of hotel is coming to Washington, D.C. Monument Realty, Modus Hotels and Cafritz Co. have joined forces and now plan to start work on a micro-hotel in the District’s Chinatown neighborhood. The project is expected to cost $60 million.