Real Estate & Development

Frederick Projects Receive $600,000 in State Revitalization Program Awards

Frederick Projects Receive $600,000 in State Revitalization Program Awards

On October 21, 2022 Governor Larry Hogan announced new awardees for six state revitalization programs administered by the Maryland Department of Housing and Community Development (DHCD). Two projects within The City of Frederick were among those awarded.

Showcasing Our Life Science Opportunities: International Executives Tour Frederick

Showcasing Our Life Science Opportunities: International Executives Tour Frederick

On June 24th, members of the City and County Economic Development teams welcomed biopharmaceutical executives from around the world to our community. These international travelers from Taiwan, Singapore, Cambodia and Hungary were in town for the recent Select USA Conference held at the National Harbor.

Reimagining the Office: 4 Unique Coworking Models in Frederick

Reimagining the Office: 4 Unique Coworking Models in Frederick

Coworking is an arrangement in which workers of different companies share an office space, allowing cost savings and convenience through the use of common infrastructures. Though fundamentally focused on addressing flexibility and affordability needs of each individual worker, cowork business models are widening their scope to tackle other challenges of the traditional workplace. Below we explore four unique shared workspace models that are reimagining the office right here in Frederick.

Downtown Frederick Partnership Announces Mission: Interior Grant Program Awardees

 Downtown Frederick Partnership Announces Mission: Interior Grant Program Awardees

Downtown Frederick Partnership is pleased to announce the awardees for the Mission: Interior matching grant program: Café Nola, Colonial Jewelers, Gravel & Grind, Rockwell Brewery and Union Mills Public House. Mission: Interior’s purpose is to assist in making critical interior capital repairs that will make the downtown retail business community more successful overall.

City Invites Public Feedback for East Street Redesign

City Invites Public Feedback for East Street Redesign

The East Street Redesign is an effort to reexamine the whole of East Street, from North Market Street in the north to Monocacy Boulevard in the south. The City is looking for your feedback on how the corridor could be improved. Take the survey and join in for an information session on February 28.

St. John Properties' Projects Bringing Jobs and Business to Frederick

St. John Properties' Projects Bringing Jobs and Business to Frederick

St. John Properties is currently spearheading two major projects that are transforming Frederick’s east side and bringing new jobs & industry to the region. Below we take a quick look at these projects and hear from St. John Properties’ Regional Partner, Matt Holbrook, on the vision behind these game-changing developments.

Progress at Progress Labs

Progress at Progress Labs

Earlier this month, our team had the opportunity to tour Matan’s most recent project—Progress Labs at Riverside 1. Developed to meet the rising real estate demand from the life sciences industry, the project will deliver 215,000 SF of biomanufacturing-ready space in summer 2022 and is currently being marketed to prospective tenants.

Downtown Hotel Project Secures Key Funding

Downtown Hotel Project Secures Key Funding

On February 17, The City of Frederick’s Board of Alderman unanimously approved to accept $2.52 million from Frederick County government to assist in the purchase of the future site of the downtown hotel and conference. Proposed as a full-service Marriott branded hotel, the project will serve as an economic anchor along Carroll Creek - providing new downtown lodging options, stimulating local spending, and attracting future private investment to the area.

Arts & Culture Driving Change on Frederick's Southeast Side

Arts & Culture Driving Change on Frederick's Southeast Side

In recent decades, we have seen a new economic trend emerge on Frederick’s southeast side. Arts & Entertainment destinations have begun to cluster in the area and bring life back to the historic structures. Together, these complimentary uses are serving as key catalysts for the revitalization of the entire corridor.