Real Estate & Development

Six Spec Projects Bringing Employers to Frederick

Six Spec Projects Bringing Employers to Frederick

Speculative projects are undertaken by developers with the purpose of attracting business tenants during or shortly after construction. As Frederick’s economy continues to boom, we are seeing more and more of these projects launch across the city.

Below we take a quick look at just six of these buildings currently underway within city limits. Each of these projects will soon host growing companies and new employment opportunities within the Frederick community.

Updates from Historic Buildings Around the City

Updates from Historic Buildings Around the City

Frederick is well-known for its downtown historic district, but it’s heritage and charm is not limited to a 50 square-block area. Instead, the City is fortunate to have significant historic assets dotted throughout its jurisdiction and contributing to the unique character of the entire community.

A number of the City properties with prominent but aging freestanding buildings have recently, currently, or will soon undergo renovation. Below we spotlight five of these major adaptive reuse projects from all around the City.

The Historic National Road: Frederick, Then & Now

The Historic National Road: Frederick, Then & Now

Roads are key component of economic development and community growth. The access roads provide enables commerce, education, health services, social opportunities, and more. Although their functionality is universally appreciated, rarely do we consider the historic significance of our roadways.

Below we take a look at a “Then & Now” of the Frederick stretch of the Historic National Road — a prominent highway that has been building and connecting our community for more than 200 years.

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.