| Follow Us:

Commercial Real Estate : Innovation + Job News

41 Commercial Real Estate Articles | Page: | Show All

Emerging Technology Center signs up 10 companies for new Highlandtown office

So far 10 tech companies have committed to joining the Emerging Technology Center's new Highlandtown office when it makes the move from Canton Oct. 25. 

The city-run tech incubator will relocate to the King Cork and Seal Building, at 101 North Haven St. 

ETC has also signed up two new companies in its virtual-affiliate program, which accounts for about one-third of the 86 companies in its portfolio. Companies in the virtual program do not have offices but can use ETC facilities at the new Highlandtown site or its other office @ JHU Eastern in Charles Village. ETC president Deborah Tillett declined to name the two companies since the paperwork is still in progress. She says she expects the number of clients in the virtual program to grow. 

Tillett said that some of the companies in the ETC Canton are graduating and thus will not be transitioning to the new ETC Highlandtown. The ETC Highlandtown is laid out with dedicated offices for 11 companies, for which 10 offices are already committed. "We filled the offices quickly. We're quite happy," she says.

The Baltimore Development Corp. oversees the ETC, which houses startup and early-stage companies. The new ETC will occupy less square footage in Highlandtown than it did in Canton, though Tillett says the new location has more usable work space.
 
The ETC Highlandtown will occupy 20,000 square feet of the 70,000-square foot King Cork and Seal Building. In Canton, the ETC occupied 45,000 square feet in the Can Company, but only 30,000 square feet was usable for offices. The remaining 15,000 square feet was shared common space.
 
“We paid for it but we could not monetize it,” she says, referring to common space like lobby, halls and stairways. "We need to be thinking efficiency and the Highlandtown building has a more efficient layout and use of square feet."
 
The ETC moved into the Can Company 15 years ago as the neighborhood was transitioning from primarily industrial to a popular residential and retail neighborhood.
 
“Our leaving the space leaves [the Can Company] room for expansion,” she says.
 
Tillett called Highlandtown an “up and coming” neighborhood with “a lot going on.”  It is a state-designated Arts and Entertainment District, near Johns Hopkins Bayview Medical Center, and on the route of the future east-west Red Line light rail.
 
ETC Highlandtown’s 10 tenants are the following: 
• 6th Street, an online retail marketing program;
• ADASHI Systems, an emergency response management program;
• American Business Forms & Envelopes, which makes software for printed business forms;
• EventRebels, which provides conference and trade show software;
• Foodem, a B2B wholesale food marketer that is hiring;
• NewsUp, an organized news delivery service;
• Pieran Health Technologies, which sells custom health software;
• Same Grain, which develops social discovery technology;
• Adecio, a digital marketing firm; and,
• New Sapience, a language comprehension software maker.
 
Source: Deborah Tillett, Emerging Technology Centers
Writer: Barbara Pash
 
 
 
 
 
 
 
 
 
 

Meal delivery services expands to Baltimore

Power Supply, a fresh meal delivery service that puts paleo food in the hands of the people at Crossfit gyms, has joined forces with Mindful Chef, a similar business that focuses on serving the yoga community.

The combined companies will run under the Power Supply name and will serve 44 locations in Maryland and Virginia, including Baltimore, Columbia, Glen Burnie, Annapolis and Alexandria. According to Robert Morton, cofounder of Power Supply, the merger will bring new flavors and new drop-off locations. In Greater Baltimore, Power Supply serves South Baltimore Crossfit, Crossfit Revamped in Columbia and Crossfit BWI in Glen Burnie. 
 
Before starting Mindful Chef, co-founder Jeff Kelley ran a food truck called Eat Wonky. Morton says that Kelley's lessons from the food truck industry, combined with the audience Mindful Chef serves and the foundations of the business, made the merger a good fit. 
 
A new ordering system that allows users to manage multiple orders was just rolled out. For example, let's say Fred is set up with five extra-large lunches and dinners per week in the system, and Wilma is set up with three regular lunches. Both are on the same account as recurring subscriptions. But if Fred goes to Slate Construction's annual retreat out of town and needs to stop his meals for the week, Wilma can still get hers. 
 
Morton says that the companies are "still working on bringing their [supply] lines together"; in the fall he anticipates users will be able to choose from classic paleo meals, a paleo-inspired "middle of the road" option, vegetarian fare and potential third-party lines that can be "built as a subscription under us. It will be easy for customers to access a fellow local company that fits with what we want to offer." There is no word yet on which companies might be offered.

Writer: Allyson Jacob
Source: Robert Morton, Power Supply

Biotech startup seeking up to $4M in financing

Baltimore biotech firm Ocular Proteomics LLC is seeking its first round of financing within the next six months, for $3 million to $4 million in venture capital. While a closing date for the round has not been determined, the decision follows a $1.2 million federal grant the biotechnology startup recently won to begin clinical trials on macular degeneration diagnosis and treatment. The startup last month moved from Towson to UMB BioPark for larger laboratory facilities.

The venture capital financing will be used for clinical trials, marketing and new hires, according to director of business development Joshua Hines.

The $1.2 million grant comes from the National Eye Institute and National Institutes of Health, and runs for  two years, from May 2013 to May 2015. Next year, the company will apply to renew the grant and, if successful, would receive $1.5 million per year for up to five years.

The $1.2 million grant enables Ocular to start clinical trials for ophthalmic diagnosis based on the company’s discovery of biochemical markers in the vitreous of the human eye. The trials will be held at three locations -- Baltimore, Chicago and Cleveland – and will involve 200 patients with macular degeneration.

Dr. Bert M. Glaser, Ocular’s chief scientific Institutes of Health officer, founded the company in 2009. Dr. Glaser heads the National Retina Institute, of which Ocular is a spinoff.
 
Age-related macular degeneration is the leading cause of blindness among adults. An estimated 15 million Americans have macular degeneration, of whom 2.5 million have the advanced form that threatens their eyesight. If not treated, the disease inevitably leads to blindness.
 
There is no cure for macular degeneration but there is an injectible medication that stops the progression of the disease in about one-third of the patients on whom it is used. However, a patient must wait six months to a year before knowing if the medication is effective. Based on the biomarkers, the company’s focus is to determine if the patient will respond to the medication before then.
 
The privately-financed Ocular has two full-time employees. It is looking to hire two laboratory technicians within the year, and is also seeking up to three college students who are interested in unpaid internships doing eye research.
 
Source: Joshua Hines, Ocular Proteomics LLC
Writer: Barbara Pash

Interactive marketing firm idfive relocates to larger office in Hampden

Interactive marketing and design agency idfive LLC moved its office from downtown to Hampden’s Meadowmill complex this year to accommodate its growing staff.
 
The company will hire four people by the end of the year, in sales, business development and design, and hired three shortly after the move. The company currently employs 16.
 
Andres Zapata, executive vice president of strategy, says idfive left a 3,200-square-foot office on East Redwood Street for a 3,700-square foot office at 3600 Clipper Mill Road. The company has use of a common conference room and facilities.
 
“We were out of space” downtown, he says. “It doesn’t sound like that much difference in square feet but the way the [Meadowmill] office is configured, we have more work space.”
 
The location offers free parking and is close to the Woodberry Light Rail, Zapata says. Zapata says idfive is making the office more eco-friendly by installing two large skylights in the roof. The skylights will bring in more natural light and reduce energy consumption.
 
Founded in 2005, idfive provides web design, social media and traditional advertising with a focus on higher educational institutions and nonprofits. Revenue was in the $5 million to $10 million range last year.
 
Last month, idfive published a book on higher education marketing. The book can be downloaded free through May. “University X: How to Rescue a College Brand from Bland” was written by Zapata, chief creative officer Sean Carton and marketing director Peter Meacham, and edited by creative director Matt McDermott.
 
After May, the book will be sold via Amazon and Google Play, with paperbacks and an iBook coming out as well. The paperback will be priced at $14.95; the digital versions, $6.99.
 
Source: Andres Zapata, idfive LLC
Writer: Barbara Pash

Jessup IT firm ClearEdge hiring 25

ClearEdge IT Solutions LLC, a woman-owned tech firm in Jessup, is hiring 25 software engineers and cloud computing experts to join the 75-person firm by the fall. The company, which specializes in cloud computing and data analysis, moved to a new, larger headquarters in Howard County.

The move is part of an overall restructuring process that will enable the company to compete for more and larger defense contracts, Executive Strategist Nikolas Acheson says.  “We are reorganizing to maximize our abilities, and positioning ourselves for the future,” he says. “We are ramping up to compete as we move from a small to a large company.”
 
ClearEdge IT was founded in 2002. The company is currently valued at about $20 million and anticipates growing by 20 percent per year for the next five years, says Acheson. “The area of computer science that we support is expanding. Customers are looking for efficiencies, to implement new technologies and that’s where we come in."
 
Last year, ClearEdge IT left a leased building in Anne Arundel County to buy and renovate an existing two-story, 36,000-square-foot building in Jessup. Part of the staff works from new headquarters while others work on-site for federal and private customers. Acheson says its main customer is the intelligence community within the Department of Defense, as well as private customers in the defense community
 
The move also allows ClearEdgeIT to expand its certification classes in big data and cloud computing programs like Hadoop and jQuery at its Distributed Computing Center of Excellence. The company founded the center less than a year ago and currently enrolls over 100 students.
 
Classes are open to anyone. Fees range from about $1,700 for a two-day course to $495 for a several-hour course. With the move, Acheson says the company will focus on partnering with its customers to offer training and certification for their employees. A fee structure is in the works. Certification will be offered either within the particular company or to industry-wide standards.
 
“We intend to double, even triple, enrollment and the number of offerings within the next 18 months,” he says.
 
Source: Nikolas Acheson, ClearEdge IT Solutions
Writer: Barbara Pash

Chesapeake Shakespeare Company more than halfway to reaching $6M capital campaign goal

The Chesapeake Shakespeare Company is more than halfway to reaching its capital campaign goal of raising $6 million to fund its move to a new home in downtown Baltimore's Mercantile Trust and Deposit Co. building.

To date, the company has raised about $3.5 million from board members, individuals and foundations to support its move. The nonprofit is on track to begin renovations of its new home within six months and debut productions at the historic property at 200 East Redwood St. in 2014.
 
The money raised will pay for the purchase and renovation of the building and initial operating expenses. Lesley Malin, managing director, says the campaign is in its “quiet phase.” When it reaches 80 percent of the goal, the company will reach out to the public for contributions although she does not have a timeframe for doing that.
 
“We’ve already had a couple of open houses for the public to see the building. We’ve also had wine-and-cheese events” for donors, Malin says. “We like quiet events, like open houses. We will not have a gala to raise money.”

The new home is two blocks from the Inner Harbor and has been the home of several nightclubs. Baltimore architectural firm Cho Benn Holback + Associates Inc. will convert the 14,000-square-foot, circa 1885 building into a 250-seat theater.
 
The Helm Foundation, whose director Scott Helm is a Chesapeake Shakespeare trustee, bought the building for the company. Other foundation donors are The Abell Foundation, which recently gave $250,000, The France-Merrick Foundation, which gave $200,000 and The William G. Baker Jr. Memorial Fund, which gave $25,000 for operating expenses.

It could also get some state money. In the current Maryland General Assembly session, companion House and Senate bond bills would provide $500,000 in matching grant money to the company. The bills have yet to be approved.

Until now, Chesapeake Shakespeare Company has presented shows in the summer at an outdoor venue in Howard County's Ellicott City. The acquisition of the Baltimore theater allows the company to expand its season and its audience. In its new home, Chesapeake will present four to five productions as well as an annual Charles Dickens-inspired Christmas show while continuing its summer shows in Ellicott City.
 
Malin says she is in talks with the Baltimore City Public School system to offer every student the opportunity to see live theater, including an annual spring production of “Romeo and Juliet” especially for students.
 
Malin is also talking with the Baltimore School for the Arts, a public high school within walking distance of the theater, about “some kind of partnership,” she says. “Different things are on the table.”
 
“We are not just opening a theater but saving a beloved architectural landmark and an anchor in a troubled venue,” she says of the company’s new home. “We will serve as a cultural center for the neighborhood. It’s another reason to move and live downtown.”
 
 
Source: Lesley Malin, Chesapeake Shakespeare Company
Writer: Barbara Pash
 
 






M&T Bank Stadium and Horseshoe Casino going for LEED certification

Two of Baltimore's most prominent construction projects, M&T Bank Stadium's $35 million renovation and the Horseshoe Casino, are both aiming for the green building standard known as LEED certification.

Lorax Partnerships LLC
, a Columbia-based sustainability consulting and certification company, is providing green services to the renovated stadium and the new casino. In order to get LEED certification, a LEED-qualified professional has to be involved from start tofinish, from the planning to selection of material and the construction.
 
The two-year renovation of the M&T Bank Stadium will begin this spring, with the National Football League Super Bowl champions the Baltimore Ravens primarily footing the bill. The design phase of the $400 million casino will be completed this summer and construction by July 2014. It will feature three full-service restaurants and six local eateries

Lorax Managing Partner Neal Fiorelli says part of the renovation at M&T involves installing energy-saving measures at a so-far undetermined cost. Fiorelli says the Ravens are aiming for a minimum LEED Silver operational standard for an existing building. Green changes at the stadium will involve lighting and refrigeration, waste recycling, cleaning products and products for the concessions.
 
The US Green Building Council’s LEED, for Leadership in Energy and Environmental Design, is a voluntary certification for structures with different rating levels of Silver, Gold and Platinum. A so-called green building meets certain sustainability markers for material, construction process and exterior environmental work.
 
Lorax is involved in the design and construction of Caesar’s Entertainment Corp.’s new Horseshoe Casino, located near M&T Stadium.  Fiorelli says the goal is at least a LEED Silver certification for new buildings. He says it is too early to know what green measures will be involved.
 
Founded in 2003, the privately financed Lorax provides green and LEED services directly to commercial building developers and owners, corporate real estate agencies, design teams and property managers in the private sector. In the public sector, the company works directly or as subcontractors on local, state and federal buildings.
 
Fiorelli says the company’s typical breakdown is 60 percent private and 40 percent public buildings but in the past few years, the breakdown has tended to be half private and half public.

Since 2006, when LEED certification became the widely recognized  standard in the construction industry, Fiorelli estimates Lorax has done 120 LEED projects with another 30 to 40 in progress, They range from public libraries and school buildings to private health clubs and office buildings.
 
He says the company works with all the major commercial real estate developers in the area, including Manekin, St. John Properties and Merritt Properties. “It has become a selling point” to attract tenants, he says. 
 
At the same time, the building industry underwent a dramatic change. Sustainable materials that were once expensive special-order items are now widely available at competitive prices, says Fiorelli of items like heating/air conditioning systems, windows and lumber.
 
Lorax currently does $1 million in sales per year but Fiorelli is hoping to double that this year by emphasizing the company’s corporate environmental consulting service. The company also oversees new construction and the retrofitting of existing buildings, to a LEED rating or whatever sustainability level the client wants.
 
Lorax’s staff of eight have all qualified to give LEED approval. Fiorelli says the company is hiring up to two staffers this year as researcher and assistant project manager.
 
Source: Neal Fiorelli, Lorax Partnerships LLC
Writer: Barbara Pash

Hiring to begin in the spring for construction jobs at Sparrows Point

Baltimore County closed reservations for an information session last week about upcoming jobs and contracting opportunities at Sparrows Point Shipyard and Industrial Park when demand overwhelmed the room’s capacity.

Due to high interest in the 100 jobs and an unspecified number of subcontractors for which SKW Constructors will begin hiring this spring, county officials are holding additional information sessions for job seekers in March and April. Reservations must be made in advance through the Maryland Workforce Exchange.
 
Based in Virginia Beach, Va., SKW Constructors has a contract with the state of Virginia for the $2.1 billion Elizabeth River Tunnels project. SKW Constructors is a consortium of Skanska USA Civil Southeast Inc., Kiewit Infrastructure Co. and Weeks Marine Inc.
 
SKW Constructors’ spokeswoman Jessica Murray says hiring will begin this spring and continue as the project progresses.
Murray says SKW Contractors is hiring the following positions: carpenters, concrete finishers, electricians, laborers, mechanics, reinforcing ironworkers, structural ironworkers, surveyors and truck drivers. The company will provide on-the-job training for carpenters, concrete finishers, reinforcing and structural ironworkers, and surveying.

The project is expected to take five years total, about half of that time in Sparrows Point and the other half in Virginia. 
 
“It’s a huge project,” says Murray of the construction of a tunnel and other transportation-related construction in the Hampton Roads area of Virginia. She says Sparrows Point was chosen for the first half of the project because “the old factory works great for us.”

According to Leila Rice, public affairs manager of Elizabeth River Crossing, Sparrows Point was chosen because "it was the closest proximity on the East Coast [that had the capability] of making tunnel sections the size we needed."

Elizabeth River Crossing is overseeing the Elizabeth River Tunnels project and other transportation-related work such as a highway extension and repair of another tunnel. Rice expects the project to be completed by 2018, after which her company will operate and maintain the tunnels.
 
At Sparrows Point, workers will pour and manufacture concrete tunnel sections. When finished, they will be floated to Norfolk, Va., and installed next to the existing but congested almost one-mile-long tunnel that runs under the cities of Norfolk and Portsmouth. The two tunnels will each become one way.
 
SKW Constructors has already spent $5 million on 57 Baltimore area subcontractors to prepare Sparrows Point for making the tunnel sections. 
 
Helga Weschke, chief of the division of business development in the Baltimore County department of economic development, says SKW Constructors will have an on-the-job training program for apprentices. For subcontractors, she says it is seeking in particular minority- and women-owned companies and small businesses in order to reach goals to qualify for federal funding.
 
“If they fall into one of the three categories, they have to go through the Virginia certification process even if they have Maryland certification,” says Weschke.
 
Sources: Jessica Murray, SKW Contractors; Helga Weschke, Baltimore County department of economic development; Leila Rice, Elizabeth River Crossing
Writer: Barbara Pash



Baltimore nonprofit preps for Obamacare with new primary health care clinic

Baltimore nonprofit Institutes for Behavior Resources will open a new clinic this summer to provide primary health care services to substance abusers and their families, with $1.4 million in funding from state and foundation grants. 

It is part of the state’s efforts to have services in place by the time the Patient Protection and Affordable Care Act, commonly known as Obamacare, is fully implemented in 2014. 

The nonprofit is using the grants to renovate the institute’s 1920s era, six-story building at 2104 Maryland Ave. in Charles Village and to open the clinic on the currently vacant fourth floor. The institute's COO Reid Blank says he expects the clinic renovation to be finished by next month with an official opening in July. Blank says it is looking to hire eight to 10 employees for the health care clinic, including nurses, counselors, receptionist and part-time physicians to add to its staff of 40. 

The nonprofit will provide clinic patients and their families with screenings, tests and medical treatment as drug addicts may not have primary care physicians or get regular medical treatment.  The clinic will serve as a model for other states in preventive health care, a key tenet in Obamacare. In addition, the clinic will be available to patients at other substance abuse programs in Baltimore, such as Man Alive Inc.

"The grants enable us to expand services to patients and their families. Our patients have other health problems that are not always addressed, and that delays progress in treating their addiction," Blank says. 
 
The Maryland Department of Health and Mental Hygiene contributed $898,000 to the project. Other funders are the Harry and Jeanette Weinberg Foundation, $270,000; The Abell Foundation, $200,000; and France Merrick Foundation, $50,000. The institute is paying the remainder of the total $1.5 million project.
 
Besides its REACH program for substance abusers, the 51-year-old institute works with government agencies like the Federal Aviation Administration, Federal Railroad Administration and Department of Defense as well as commercial airlines, railroads, transit and trucking companies on the issue of fatigue.

Source: Reid Blank, Institutes for Behavior Resources
Writer: Barbara Pash
 

Legislators want to make Pennsylvania Avenue an arts district

Baltimore delegates to the Maryland General Assembly have introduced a bill to create an economic development area to promote the Pennsylvania Avenue corridor in west Baltimore as a place to live and do business.

House Bill 203 designates the Pennsylvania Avenue corridor as an arts, business and cultural district, with tax incentives for developers, artists and cultural groups. The district's boundaries are from Orchard Street on the south to Fulton Street on the north, Pennsylvania Avenue on the west to McCulloh Street on the east. It includes the Upton, Druid Heights and Penn North neighborhoods. 
 
The bill's broad goals are to restore cultural landmarks, preserve and reuse historical buildings, encourage business and job development, establish a tourist destination and enhance property values. It authorizes tax credits for qualifying individuals who own or rent residential property or conduct a business in the district, or who move there after it has been established. Qualifying individuals are eligible for property tax credit and exemption from admissions and amusement tax.
 
The bill does not specify funding sources for the redevelopment. “You want to establish the district first and the dollars will follow,” says Democratic Delegate Keiffer Mitchell, Jr., a co-sponsor of the bill who represents the district. “There is an array of possible funding that the city and state could use.”
  
“Some commercial development is going on already on Pennsylvania Avenue but I’d like to encourage other types of development,” says Democratic Delegate Melvin Stukes, lead sponsor of the bill who also represents the district.
 
Stukes says he wants to encourage the development of the cultural aspects of the corridor, in particular the construction of a new arts center that would house the Royal Theatre and the Arena Players. The Royal Theatre opened in 1922 and was demolished in 1971. It was a major destination for black entertainers, including Cab Calloway and Ray Charles. The Arena Players is currently housed at 801 McCulloh St.
 
“I see a lot of black history in Baltimore disappearing and I am determined to save as much as possible,” Stukes says.
 
Mitchell says the district would not be the first such district in Baltimore. That honor goes to the Station North Arts & Entertainment District. 
 
“It will help not just Pennsylvania Avenue but all the housing surrounding it, from McCulloh Street to Pennsylvania Avenue,” Mitchell says.
 
Says Stukes, “This not something that will happen overnight. We don’t have preliminary figures for the cost and how long it will take. But we want to begin a serious discussion on having it happen.”

The bill had its first reading before the House Economic Matters Committee last month. To date, a hearing has not been scheduled. If passed, the arts, business and cultural district designation would need approval from the Baltimore City Council. 

Nonetheless, both Stukes and Mitchell say they are optimistic about passage in the General Assembly. “Economic development for the City of Baltimore is viewed favorably,” Mitchell says. “And in terms of revitalizing the arts in the city and that this is an historical area, it bodes well for passage.”
 
Sources: Melvin Stukes and Keiffer Mitchell, Jr., Maryland House of Delegates
Writer: Barbara Pash

Furbish Co. Sells Green Wall to Costco

Baltimore's Furbish Company unveiled its first product, SmartSlope, an eco-friendly green wall. The wall has been in development for two years and is now commercially available. It is being used by the first Costco in Washington, D.C., and constructionl was completed last week.  

Jimmy Dick, director of business development, says the "living" wall is intended to satisfy locally mandated storm water management regulations as well as for aesthetic considerations. The walls at Costco were installed as a vertical rain garden, with a circulating system that captures and recirculates storm water to water the plants that grow on the walls.
 
"The [DC] district told [Costco] it had to handle its storm water on site and this is how they are doing it," says Dick. Another green wall is scheduled to open next year at Phase 2 of The Shops at Dakota Crossing, in the DC area, as a component of its storm water management system.

Furbish was formed in 2003 to install and service green roofs. While it will continue that aspect of the business, Dick says it is developing products as well. SmartSlope, the living wall system, is its first product. Modern Foundations, in Woodbine, manufactures the system.
  
The living retaining wall system consists of individual concrete modules, each 20 inches wide by 15 inches deep by 8 inches tall. The modules link together.
 
After the modules are installed, SmartSlope provides native grasses, herbs and plants to grow over and cover the wall. The company’s system costs about $5 more per square foot than the typical concrete wall installation of $25 per square foot.
  
However, the majority of SmartSlope's business remains green roofs. This consists of installing a roof-top drainage system, layer of soil and plants that can withstand weather and wind.
 
Dick says that 99 percent of its green roof business is with commercial customers. “There’s no return on investment for residential customers,” he says. “Also, home roofs are not built for the weight” of a green roof.
 
Federal and municipal regulations and tax rebates for installation of storm water management systems have spurred growth of the green roof industry. Dicks says that SmartSlope already has $3 million worth of green roof contracts for 2013.
 
It has installed green roofs on behalf of Princeton, Rutgers and George Washington universities; a US Department of the Interior building; and the Baltimore Hilton, connected to the Convention Center.
 
In 2009, Furbish received an investment of $81,000 from the Chesapeake Bay Seed Capital Fund, a partnership of the state Department of Natural Resources and the University of Maryland. The funding was used to develop SmartSlope. The Maryland Technology Enterprise Institute is a minority investor.  In August, SmartSlope received about $200,000 from the Maryland Industrial Partnerships for development of alternative blends of green roof material.
 
Michael Furbish is the founder of the company. In 2008, it moved into an 18,000-square foot former warehouse in the Brooklyn area of the city that was renovated for office use and retrofitted with solar panels to provide radiant heating and hot water. The company has 15 employees.
 
Source: Jimmy Dick, SmartSlope
Writer: Barbara Pash

Engineering Firm Expands Headquarters, Markets, Staff

TAI Engineering is expanding its office this month as the consulting engineering and technical services firm plans to enter new markets and add employees.

The firm has built a 5,000-square foot addition to its 30,000-square foot headquarters in Owings Mills and is expanding into automation and control, plumbing and electrical and mechanical engineering. Alan Miller, TAI Engineering owner and principal director, says the company will also beef up its existing presence in geographical instrumentation and control. The company will hire up to six people in those fields.

Adam Soutar, TAI Engineering’s division manager for onsite services, says the company takes a "proactive" approach to hiring. It recruits experts in the markets to which it plans to expand and then uses the employees' expertise and contacts to help it grow.
  
Besides hiring for its own staff, the 175-person company places workers on behalf of clients, placing between 10 to 12 per year.
 
Some staff placements are for specific projects.  A client like CocaCola, for example, might need 30 people as they ramp up for a new project, says Laurie Giner, chief marketing officer.
 
Founded in 1989, TAI Engineering has several different in-house groups that design new industrial plants and commercial buildings; retrofit existing facilities; and support facilities with management and services.
 
“We can build an office building, to serve as the company’s headquarters, and a manufacturing plant for the company. We are capable of working in both areas,” says Miller, who notes that TAI Engineering has grown 10 to 12 percent per year in revenue over the last decade.

Recent client projects include engineering design for a 75,000-square foot LEED-certified “green” building for Raytheon Company, located in the technology and research park at Aberdeen Proving Ground; mechanical and electrical consulting for a LEED-award winning 125,000-square foot office building; and a 125,000-square foot COPT Cornerstone Offices building in Columbia, for which TAI Engineering won a best LEED commercial interior award.

TAI Engineering is privately funded, and has two satellite locations, in Linthicum and Newark, Del.
 
Sources: Alan Miller, Adam Soutar, Laurie Giner, TAI Engineering
Writer: Barbara Pash

Baltimore Ravens Torrey Smith To Pitch Energy Startup

Baltimore Ravens wide receiver Torrey Smith makes his debut this month as a spokesman for PointClickSwitch.com, a website that offers one-stop comparison shopping for residential and commercial electricity consumers.  

The Baltimore startup, a division of state licensed electricity broker Maryland Energy Advisors, is using the football player to promote its Nov. 13 launch in Maryland and four other states.
 
Phil Croskey, founder and CEO of PointClickSwitch.com, says the company approached the National Football League winning-team member because it was looking for someone with name recognition in the Maryland market.
 
“He’s a class act, a high-character individual and we appreciate that,” Croskey says.
 
PointClickSwitch.com operates in two states, Maryland and Illinois. It is currently going through the licensing process in three additional jurisdictions – New York State, Ohio and Washington, D.C. Croskey expects it to be operational in all three jurisdictions by mid-2013.
 
PointClickSwitch.com provides a listing of energy suppliers and their current rates per kilowatt hour, the standard measure of electricity. There is no fee for consumers to use the website or to change suppliers. The suppliers pay the company a marketing fee per customer but the rate to consumers is the same whether through PointClickSwitch.com or directly from them.
 
Suppliers on the website include familiar names like Constellation Energy, Con Edison, Castle Bridge Energy and Pepco, along with a lesser known company like Cool Currents, which offers electricity from renewable energy sources. Maryland residents can sign up for any supplier on the list, depending on the supplier’s regional arrangements.
 
“We serve everything from studio apartments to heavy industrial users, although large commercial projects need a more customized approach, which we also do,” says Croskey, who notes that customers can save up to 20 percent on their electricity bill by comparison shopping.

“We have suppliers charging 9.1 cents versus 7.69 cents per kilowatt hour,” he says.

Croskey, former director of economic development for the Baltimore Development Corp., founded PointClickSwitch.com in 2010. It is a portfolio company of Wasabi Ventures Accelerator at Loyola University of Maryland, and operates out of an office in downtown Baltimore.

As the company expands into new markets, Croskey expects to hire three to five employees to add to its current staff of three. He is looking for employees to focus on the new markets, although they can work from Baltimore to do so. He is also looking for an IT person to manage the company’s social media.
 
The company is privately funded although Croskey does not rule out a financing round as it expands.
 
Source: Phil Croskey, PointClickSwitch.com
Writer: Barbara Pash

Blue Water Baltimore Grants to Fund Water Conservation Projects

Blue Water Baltimore is using a $400,000 federal grant to improve storm water management in Baltimore City. The nonprofit advocacy group intends to contact about 5,000 homeowners and institutional property owners as part of the Water Audit Program. 

Blue Water Baltimore was formed in 2011 from five different nonprofit organizations, all of which shared the same environmental goal, says Dana Puzey, Blue Water’s water audit program manager. The nonprofit will help homeowners pay for green roofs, rain gardens, conservation landscaping and other projects.
 
After doing an initial assessment of storm water on the individual sites, staffers will recommend ways to reduce the volume of water runoff, Puzey says. If the property owner decides to go ahead with the recommendation, he or she can apply for a rebate from Blue Water for the project.
 
Based on previous outreach efforts, Puzey says that many homeowners want to undertake such a project, but it isn't feasible because it’s too expensive or they don’t have a big enough site to make it work.
 
She figures that the 5,000 people they contact will result in 400 projects per year. The number of “in-ground” projects will vary depending on whether Blue Water is able to get matching grants from local government for the federal money.
 
Blue Water’s grant is part of an overall $9.2 million in grants the Chesapeake Bay Program and the National Fish and Wildlife Foundation distributed last month. A total of 41 projects in six states and Washington, D.C., got awards for Chesapeake Bay environmental initiatives.
 
The Baltimore metro area received nearly $750,000. Besides Blue Water’s grant, the Center for Urban Environmental Research and Education at the University of Maryland Baltimore County received $324,000 to work with the Maryland Transit Administration and Highway Administration on adopting pervious concrete and subsoiling. The project includes a demonstration project to replace an existing parking lot at the Maryland Science Center with pervious concrete.
 
Source: Dana Puzey, Blue Water Baltimore
Writer: Barbara Pash
 

Randallstown Walmart to Open Oct. 17

The Walmart Super Center in northwest Baltimore County is hiring 350 full- and part-time employees, Baltimore County and Walmart officials said at a press conference today. The store, located in the Liberty Plaza shopping center, at Liberty and Brenbrook roads in Randallstown, is tentatively expected to open Oct.17. 
 
Walmart is hiring for permanent, hourly jobs, with full- and part-time positions available. Jobs include sales and inventory associates, cashiers, overnight stockers, lawn and garden specialists and deli, bakery and grocery workers. A row of vacant stores was demolished to make way for the $9 million, 160,000-square-foot Walmart, which will also have groceries and a pharmacy. 

Kenneth Oliver, 4th District County Councilman in whose district the Walmart is located, called it a big plus for Randallstown as it eliminates a vacant shopping center. He said it was a seven-year-long community effort to attract the Walmart.

Nina Albert, Walmart's director of community affairs for the DC Metro Region, which includes Maryland, said the company does extensive market research before choosing store sites, and Randallstown seemed  "a logical place for us."  She said there has been a "good hiring push." Some of the people who've already been hired are now working in the store stocking shelves. She expects to have all positions filled by the time the store opens. 
 
Baltimore County Department of Economic Development, the Maryland Workforce Exchange and Walmart’s human resources staff are working together to streamline the application process and to schedule interviews.
 
The county has set up an informational Randallstown Walmart Jobs Hotline at 410-887-4666. Walmart is accepting job applications online and Maryland Workforce Exchange is scheduling in-person job interviews in advance.
 
Source: Kenneth Oliver, Baltimore County Council; Fronda Cohen, Baltimore County Department of Economic Development; Nina Albert, Walmart
Writer: Barbara Pash
 
 
 
 
41 Commercial Real Estate Articles | Page: | Show All
Share this page
0
Email
Print
Signup for Email Alerts