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December 2013 Archives

Md. casino decision: National Harbor poised to be next Sin City

MGM Resorts International is just a few months away from realizing its grand plan for a $925 million casino complex. Last week, the Maryland Video Lottery Facility Location Commission voted 5 to 2 for MGM's National Harbor proposal, granting the hotel and casino chain the final casino license the state will issue. MGM lobbied hard to expand gambling in the state during the 2012 elections.

In Historic Annapolis, Chipotle will be a burr(ito) in Moe's side

More than a year ago we wrote about a zoning dispute between local eatery Moe's Southwest Grill and national fast-casual chain Chipotle Mexican Grill (see here). The matter is still not settled, though it is a step closer to the finish line.

Annapolis office park: rezoning can be a complex deal

When a developer gets the idea to build a new subdivision, apartment building, store, office facility or even a sports park, they can’t just find the perfect piece of land and start digging a hole. There are a large number of logistics that need to be worked out first. Each factor is complicated in its own regard, but zoning deals can be one of the most intricate.

October data shows signs of life for Maryland real estate p2

We are talking about RealtyTrac Inc.'s recent report on foreclosures and short sales during October 2013. The data for Maryland showed a high percent of short sales -- we ranked third in the nation -- and a fairly low percent of foreclosure sales. New foreclosure filings, though, were still high.

October data shows signs of life for Maryland real estate

While there is a clear difference between residential real estate market trends and commercial real estate market trends, they are not entirely unrelated. Businesses like to be near their workforces and their customers. Workers and their families choose to settle based in part on their proximity to employers and services. You (usually) can't have one without the other.