Baltimore County Council set for vote on $78M plan to help Tradepoint Atlantic redevelop Sparrows Point

Baltimore County Council members are poised to vote Monday on what’s believed to be the county’s largest-ever financial assistance plan for a private company — a $78 million package to help Tradepoint Atlantic build out roads, water lines and sewer pipes in Sparrows Point. Despite the large price tag, the plan appears headed for approval by the council. During a public hearing last week, council members offered no criticism of the major components of the deal. (Balt. Sun)

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Gaming commission recommends tax reductions for three casinos

Three casinos could get a reduction in the amount of taxes they pay to the state under a set of recommendations approved by the Maryland Lottery and Gaming Commission. Lawmakers will get the chance to review reductions approved Thursday by the Maryland Lottery and Gaming Commission for Hollywood Casino, Horseshoe and Maryland Live. The changes, if they are allowed to go into effect, decrease casino revenue flowing into the state’s Education Trust Fund. (Daily Record)

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Baltimore mayor says Preakness wouldn't need to move during Pimlico rebuild

Baltimore Mayor Catherine Pugh said Friday she believes the Pimlico Race Course can be demolished and rebuilt without temporarily relocating the Preakness Stakes. Pugh told reporters at City Hall that she agrees with the Maryland Stadium Authority’s suggestion that a $434 million rebuild of the track is needed — along with additional development around the site to turn it into a year-round venue. (Balt. Sun)

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David Cordish on Pimlico's redevelopment: 'It's a no-brainer'

A prominent local developer has endorsed the wide-scale, $424 million plan to redevelop Pimlico Race Track. David Cordish, CEO of The Cordish Cos., said the plan to raze and rebuild the race track and add a mixed-use component in Park Heights is a "no-brainer." His comments were made hours after the Maryland Stadium Authority issued a report on replacing Pimlico and were among the first from the real estate community on the economic viability of such a move for Baltimore. (Balt. Bus. Journal)

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Hilton Baltimore Inner Harbor begins renovations to meeting, public space

Construction work is underway at the Hilton Baltimore Inner Harbor Hotel, where a round of renovations to meeting and public space is expected to be complete by early next year. General Manager Greg Brown said the city-owned hotel is in the process of updating its two ballrooms, 20 meeting rooms and other public areas. Work began Dec. 3 and is slated to move quickly, with the renovations expected to wrap up by the first weekend in January. (Balt. Bus. Journal)

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State of Business in Carroll County: open to manufacturers

At the Carroll County Chamber of Commerce’s “State of Business” luncheon, county Department of Economic Development Director Jack Lyburn outlined why Carroll is the right place for business, and why now is the right time for new businesses — especially manufacturers — to come. One reason is the county has sites ripe for the picking, like the Carroll County Commerce Center, Warfield at Historic Sykesville, Mount Airy Business Park, North Carroll Business Park and the Westminster Technology Park. (Carr. Co. Times)

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More affordable housing coming to Salisbury after groundbreaking at Square at Merritt Mill

Government officials broke ground Friday at Square at Merritt Mill, a housing development in Salisbury. The new community is set to have eight residential buildings with 75 total units. Of those units, 12 will be reserved for people with disabilities and 67 will be workforce/affordable housing. "There is no replacement for living in quality housing," said Carol Payne, director of the Department of Housing and Urban Development's Baltimore field office. (Daily Times)

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December 14 // Maryland Stadium Authority proposal for new Pimlico leaves open question of how to pay for rebuild

After dismissing two less ambitious options, the Maryland Stadium Authority on Thursday proposed replacing the faded Pimlico Race Course with a stylish — and costly — track designed to open its amenities to the surrounding community year-round and encourage development in a distressed area of Baltimore. The plan for the 148-year-old home of the Preakness Stakes, Maryland’s largest and splashiest sporting event, includes a four-level clubhouse and plaza area called the Palio — named after the Palio di Siena horse race in Italy — and a new track and infield positioned to open the site further to the public. (Balt. Sun)

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