DOCSLIB.ORG

THE VILLAGE at FALLSWAY MULTIFAMILY DEVELOPMENT in an OPPORTUNITY ZONE BALTIMORE, MARYLAND the Village at Fallsway

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
THE VILLAGE at FALLSWAY MULTIFAMILY DEVELOPMENT in an OPPORTUNITY ZONE BALTIMORE, MARYLAND the Village at Fallsway THE VILLAGE AT FALLSWAY MULTIFAMILY DEVELOPMENT IN AN OPPORTUNITY ZONE BALTIMORE, MARYLAND The Village at Fallsway THIS CONFIDENTIAL OFFERING MEMORANDUM (“Offering Memorandum”) is being furnished to the recipient (the “Recipient”) solely for the Recipient’s own limited use in considering whether to provide financing for The Village at Fallsway located at 300-320 North Front Street, 300-312 North High Street, and 300 Fallsway, Baltimore, MD (the “Property”), on behalf of Airo Capital Management (the “Sponsor”). This confidential information does not purport to be all-inclusive nor does it purport to contain all the information that a prospective investor may desire. Neither Avison Young, the Sponsor nor any of their respective partners, managers, officers, employees or agents makes any representation, guarantee or warranty, expressed or implied, as to the accuracy or completeness of this Offering Memorandum or any of its contents and no legal liability is assumed or shall be implied with respect thereto. The Recipient agrees that: (a) the Offering Memorandum and its contents are confidential information, except for such information contained in the Offering Memorandum that is a matter of public record; (b) the Recipient and the Recipient’s employees, agents, and consultants (collectively, the “need to know parties”) will hold and treat the Offering Memorandum in the strictest of confidence, and the Recipient and the need to know parties will not, directly or indirectly, disclose or permit anyone else to disclose its contents to any other person, firm, or entity without the prior written authorization of the Sponsor; and, (c) the Recipient and the need to know parties will not use, or permit to be used, this Offering Memorandum or its contents in any fashion or manner detrimental to the interest of the Sponsor or for any purpose other than use in considering whether to invest into the Property. The Recipient and the need to know parties agree to keep this Offering Memorandum and all confidential information contained herein permanently confidential and further agree to use this Offering Memorandum solely for the purpose set forth above. PHOTOCOPYING OR OTHER DUPLICATION IS STRICTLY PROHIBITED. THE SPONSOR EXPRESSLY RESERVES THE RIGHT, AT ITS SOLE DISCRETION, TO REJECT ANY OR ALL PROPOSALS OR EXPRESSIONS OF INTEREST IN THE PROPOSED UNDERLYING TRANSACTION AND TO TERMINATE DISCUSSIONS WITH ANY PARTY, AT ANY TIME, WITH OR WITHOUT NOTICE. THIS CONFIDENTIAL OFFERING MEMORANDUM SHALL NOT BE DEEMED TO BE A REPRESENTATION OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OF ITS PREPARATION. 2 EXECUTIVE SUMMARY Opportunity Avison Young – New York, LLC (“AYNY”) has been retained by Airo Capital Management (“Sponsor”) to identify a development partner and arrange financing for the land acquisition and development of a two-phase multifamily property, consisting of 423 units, located at 300-320 North Front Street, 300-312 North High Street, and 300 Fallsway, Baltimore, MD (“Property”). Total project capitalization is approximately $116.2MM. The Property is located in an Opportunity Zone, and an Enterprise Tax Credit Zone. Proposed Development: Very well located, to-be built, 423-unit multifamily property with parking & amenities. The Village at Fallsway is located in the heart of Baltimore City, adjacent to the Central Business District, and minutes from Johns Hopkins, The University of Maryland, and Mercy Medical Center. The property’s location is surrounded by Baltimore’s live-work-play attractions and has immediate access to major regional transportation routes. The proposed market-rate multifamily rental project will be developed in two phases and will consist of 423 rental units, 35,000 SF of commercial/medical office space, 212 parking spaces and additional amenities. The Sponsor is in-contract to acquire all parcels required for the proposed project, which is as-of-right. Market: Strong regional and local demographics trends, low vacancy, and high demand. The Property is located in downtown Baltimore, just north of Fells Point and Inner Harbor. The area is highly accessible by road, and is also near Baltimore’s Water Taxi terminal and several public transit lines. In the last 40 years, the community’s demographics have shifted considerably, as Fells Point residents have on average become younger and higher-earning. As well, notable tech firms have started to grow their footprint in Baltimore. The increased property values and urban amenities have drawn the attention of many Baltimore citizens who are seeking an up-and-coming neighborhood with unique charm and amenities. Financial: Above market returns driven by a good basis. Projected returns are strong showing an anticipated stabilized return on cost (build-to cap rate) well above current market cap rates. Levered returns on a five-year hold scenario project an IRR of approximately 19.0%, with an equity multiple of approximately 2.30x. Furthermore, there may be the potential to further enhance the returns through application of the Baltimore City Enterprise Zone Tax Credit benefit. Sponsor: Industry veterans with institutional level experience. Sources and Uses Airo Capital Management (airocapitalmanagement.com) is a Qualified Opportunity Sources Amount Per Unit % of Total Fund. The principals of Airo Capital have been working together for over 25 years Debt $ 81,373,439 $ 192,372 70.0% and have successfully acquired, managed, developed, as well as rehabbed hospitality, Equity 34,874,331 82,445 30.0% multifamily, and commercial real estate. Located in the mid-Atlantic area, they have Total Sources $ 116,247,769 $ 274,817 100.0% been principals in projects from Boston to Miami and from DC to Chicago. Uses Amount Per Unit % of Total The Village at Fallsway is their newest venture in Baltimore, MD, having previously Land Costs $ 12,515,000 $ 29,586 10.8% owned and operated a 150-unit Senior Housing apartment building next door to Hard Costs 86,562,397 204,639 74.5% John Hopkins Hospital. Soft Costs 4,594,722 10,862 4.0% Developer Fee 4,328,120 10,232 3.7% Financing, Closing, & Interest 8,247,530 19,498 7.1% 3 Total Uses $ 116,247,769 $ 274,817 100.0% PROPERTY DETAILS PROPERTY DETAILS Baltimore: Overview Located In the heart of Baltimore City, Maryland Baltimore’s location in the densely populated and economically vibrant Washington, DC – Boston corridor is a prime asset for its continued economic development. Baltimore’s downtown and its collection of attractive live-work-play neighborhoods that surround Baltimore’s destination waterfront are undergoing widespread revitalization with new investment and development reversing decades of population loss. The Property is located in downtown Baltimore, just north of the Inner Harbor. The area is highly accessible by road, and is also near Baltimore’s Water Taxi terminal and several public transit lines. The Property is adjacent to Baltimore’s Central Business District, nearby the city’s major educational and medical institutions, and surrounded by the several museums, recreational activities, hotels, restaurants, and tourist attractions. In the last 40 years, the community’s demographics have shifted considerably as residents have on-average have become younger and higher-earning. The increased property values and urban amenities have drawn the attention of many Baltimore citizens who seek up-and-coming neighborhoods with unique charm and amenities. Relative to the greater Baltimore City, the immediate area surrounding the Property has Mount Vernon seen tremendous population growth over the OLD past 10 years (5.2% total). There has been a clear TOWN demographic shift as younger and higher- Village at Fallsway earning renters are moving into the area. This can be seen by looking at the average household CENTRAL BUISNESS income surrounding the Property of $81,322, DISTRICT LITTLE which is 22% higher than the national average. ITALY FELLS Demographics INNER HARBOR POINT 1-Mile 3-Mile HARBOR EAST Canton Population 2010 43,121 271,638 FEDERAL 2020 45,364 285,099 HILL '10-'20 Growth 5.2% 5.0% Households 2010 19,383 111,946 2020 20,687 116,836 '10-'20 Growth 6.7% 4.4% 2020 Avg HH Income $ 81,322 $ 75,738 5 5 PROPERTY DETAILS Baltimore: Highlights With a growing number of research institutions, universities, government agencies, start-ups, Fortune 1000 Companies and a significant millennial migration to the waterfront, Baltimore is booming. 1. ESRI / 2. U.S. Department of Labor’s Bureau of Labor Statistics / 3. Walkscore / 4. Time Magazine / 5. PwC / CB Insights MoneyTree Report, Q4 2018 / 6. Economic and Workforce Analysis by Richard Clinch, Director, The Jacob France Institute at the University of Baltimore Merrick School of Business / 7. Forbes.com, The Top 10 Rising Cities for Startups, October 1, 2018. / 8. U.S. Department of Commerce, Bureau of the Census, 2017 American Community Survey; ranking excludes Washington D.C. / 9. US News / 10. ITIF, 2017 State New Economy Index, November 6, 2017 / 11. Bloomberg U.S. Innovation Index, December 22, 2016 / 12. SmartAsset.com, 2019 / 13. Baltimore Business Journal 6 6 PROPERTY DETAILS Baltimore: Economic Drivers Johns Hopkins Medicine Opened in 1889, JHM was ranked number one in the nation by U.S. News and World Report for 22 years. For fiscal year 2018, JHM generated $7.7 billion in operating revenues and employed 42,000 professionals. Mercy Hospital & University of Maryland Medical System
Load more

Recommended publications
  • Amazon + Baltimore: Building the American City of Tomorrow
    HQ2 @ Amazon + Baltimore: Building the American City of Tomorrow Page 02 Location, location, Let’s talk Building Port location talent Covington Maryland is your It’s ranked in the top The first master- gateway to everywhere five most educated planned smart city regions in the U.S., and is here Page 07 Baltimore businesses Page 25 couldn’t be happier Page 10 /01 A Letter from our Mayor CATHERINE E. PUGH MAYOR OF BALTIMORE Baltimore. This Must Be the Place. Amazon will have a great impact on the city chosen for Amazon HQ2, but that city will have a great impact on Amazon. The right city must have a talented workforce, a passion for innovation, a commitment to diversity and inclusion, and environmentally-friendly and sustainable design. The city you choose will share Amazon’s culture and values; Amazon and its HQ2 city will share in each other’s momentum. Baltimore, as you will see, is a city on the rise like no other. When it comes to Amazon HQ2, I am confident you will agree ‘This Must Be the Place.’ Baltimore is located at the epicenter of talent, education and innovation, borne out of its strategic, central location in the heart of the Northeast Corridor of the United States, and decades of collaboration between government, private enterprise, academia, the military and venture capital. As port and rail traffic blends with fiber-optic connections, makerspaces and tech start- ups, Baltimore is the only city with the grit, history and innovative spirit to lead the synergistic union of American commerce and technology for the 21st century.
    [Show full text]
  • The Gallery / Harborplace 200 E
    THE GALLERY / HARBORPLACE 200 E. Pratt Street / 111 S. Calvert Street Baltimore, Maryland AREA AMENITIES FLEXIBLE OFFICE SPACE PROPERTY HIGHLIGHTS Outstanding views overlooking Baltimore’s THE GALLERY / famed Inner Harbor Parking garage (1,190 cars) with 24/7 access HARBORPLACE New fitness center FREE to all tenants 200 E. Pratt Street 600-room Renaissance Harborplace Hotel interconnected 111 S. Calvert Street Lobby guard on duty and fully automated New 30,000 square foot high-end “Spaces” co-working facility Baltimore, Maryland Retail amenities including new full-service restaurant COMING SOON! -- Dunkin'® HARBOR VIEW MATTHEW SEWARD BRONWYN LEGETTE Senior Director Director +1 410 347 7549 +1 410 347 7565 [email protected] [email protected] One East Pratt Street, Suite 700 | Baltimore, MD 21202 Main +1 410 752 4285 | Fax +1 576 9031 cushmanwakefield.com ©2019 Cushman & Wakefield. All rights reserved. The information contained in this communication is strictly confidential. This information has been obtained from sources believed to be reliable but has not been verified. No warranty or representation, express or implied, is made as to the condition of the property (or properties) referenced herein or as to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdraw- al without notice, and to any special listing conditions imposed by the property owner(s). Any projections, opinions or estimates are subject
    [Show full text]
  • 7522 · 00NGREBSIONAL Redoril-SENATE
    7522 · 00NGREBSIONAL REDORil-SENATE. :UAY 24 ' ' 5738. Also .resolutions adopted by the Texa Chamberof Com­ PETITIONS AND MEMORIALS. merce, relative to section. 28· of tlie .Tones shipping bill·1 to the Committee on the Merchant Marine and· Fisheries.. Mr. LADD presented a resolution adopted' at the annual 57o9. By-Mr.. CULLEN: Resolution1adopted.by the American meeting of the Pennsylvania Branch, Women's International' Marine_ Association of· New- York City; indorsing Sooate bill, League for P-eace-·and Freedom, at Philadelphia; Pa., favo1·ing the prompt declaration of La _general amnesty · by the President 321.7 . a~d House bill 10644 and-urging their early passag~; to tb.e: of the United States, which· was referred· to the Committee on Committee on1the. Merchant Marine and1Fish&ies. the Judiciary; 5740J By· l\1~ CURRY: Resolution of thee-Henry w;: Lawton: Camn, United Spanish War- Veterans,. at. their; nineteenth. anT Mr. SHORTRIDGE' presented a memorial of•sundry citizens­ nual encampment, favoring the retention1a.nd developmentiof tbe of Oakland, Calif., remonstrating against the enactment' of leg­ M.ar.e Island Navy Yard; to the Committee on Naval Atfairs. islation providing for compulsory Sunday observance- in the 574-L By !lilr: KIESS :-Petition of: residents of, Millpe.rt, Pa:,, District of Columbia-,, which was· referred to the Committee on protesting against the passage of House,bills-.9753 and14388 and' the District· or COiumbia. ' He also presented resolutions· adopted by. the Santa Rosa Senate bi11 1 l948~ to the:Committoo on the District•. ot Columbia. 5742.. By;• Mr~ KISSEL: Petition of Naval1,Militia. New Y-.ork­ Chamber of Commerce, of Santa Rosa, Calif.,· protesting against City, N.
    [Show full text]
  • Poe's Baltimore
    http://knowingpoe.thinkport.org/ Poe’s Baltimore Content Overview This is an outline of the information found on each location on the interactive map. As students explore the map online, you will note the following color coding system: ü Modern Sites are yellow ü Sites Then and Now are green ü Poe-era sites are red In addition, all locations include images. Modern Sites Modern Inner Harbor (Harborplace) NOW: Harborplace is a fairly recent addition to Baltimore’s landscape. Completed in 1980, Harborplace and its close relatives, the Maryland Science Center and the National Aquarium at Baltimore, have attracted millions of visitors to the city each year. If you were wondering why Harborplace appears to be out in the harbor on the 1838 map…it’s because it was! As late as 1950, the Inner Harbor was just that – the innermost dock in Baltimore Harbor for passenger, freight, and government ships. But the docks were old and rotting, so around 1970 the city tore them down. The plans for developing the shopping pavilions at Harborplace called for more space. The city did just that—using concrete and pylons to add almost 100 feet of shoreline where the rotting docks had been. The result was the Inner Harbor area – complete with shops and large pathways – that you can walk around today. THEN: In Poe’s day, the Inner Harbor area was a thriving seaport. Ships were being built in nearby Fells Point. A new, lively form of transportation— called a “steamer” (a steam-powered boat)—was becoming a more and more common sight.
    [Show full text]
  • Scoreboard Wednesday
    20—MANCHESTER HERALD, T\icsday, August 21, 1990 SCOREBOARD WEDNESDAY Red Sox 2, Orioies 1 LOCAL NEWS INSIDE Baseball BALTIMORE BOSTON M a n r h p s t p r ab r h bl ab r h bl Football BAndesn If 4 0 1 0 JoReed 2b 3 0 0 0 m Orsulak rf 4 0 0 0 Quintan 1b 2 1 1 0 ■ Manchester readies for school openings. American League standings CRIpkn ss 3 0 1 0 Boggs 3b 4 0 1 1 ii - • * NFL preseason glance Horn dh 3 0 0 0 Burks cf 2 0 0 1 East O lvltion Tetlleton c 4 0 0 0 Greenwl If 4 0 1 0 AMERICAN CONFERENCE W L PCL GB Deverex cf 1 1 0 0 MarshI dh 4 0 1 0 East ■ New day care center In Manchester. Boston 65 55 .542 _ Wthgtn 3b 3 0 0 0 Bmnsky rf 3 0 0 0 W L T Pet. PF m Toronto 65 57 .533 1 Segui 1b 3 0 0 1 Penac 0 10 0 N Y. Jets 2 0 0 1.000 37 6 What’s Baltimora 57 63 .475 8 Holies ph 1 0 0 0 Rivera ss 10 0 0 Buffalo 0 2 0 .000 19 44 Cleveland 56 65 .463 9'^! BFtipkn 2b 3 0 1 0 frxtlanapolls 0 2 0 .000 17 29 ■ Town children fingerprinted for safety. Detroit 56 67 .455 lO'/S Kittle ph 1 0 1 0 Miami 0 2 0 .000 20 33 Milvvaukae 54 66 .450 11 SFInley pr 0 0 0 0 New England 0 2 0 .000 24 74 News New Ybrk 50 70 .417 15 Totals 30 1 4 1 Totals 23 2 4 2 Central ■ Andover OKs radio equipment purchase.
    [Show full text]
  • Get Charmed in Charm City - Baltimore! "…The Coolest City on the East Coast"* Post‐Convention July 14‐17, 2018
    CACI’s annual Convention July 8‐14, 2018 Get Charmed in Charm City - Baltimore! "…the Coolest City on the East Coast"* Post‐Convention July 14‐17, 2018 *As published by Travel+Leisure, www.travelandleisure.com, July 26, 2017. Panorama of the Baltimore Harbor Baltimore has 66 National Register Historic Districts and 33 local historic districts. Over 65,000 properties in Baltimore are designated historic buildings in the National Register of Historic Places, more than any other U.S. city. Baltimore - first Catholic Diocese (1789) and Archdiocese (1808) in the United States, with the first Bishop (and Archbishop) John Carroll; the first seminary (1791 – St Mary’s Seminary) and Cathedral (begun in 1806, and now known as the Basilica of the National Shrine of the Assumption of the Blessed Virgin Mary - a National Historic Landmark). O! Say can you see… Home of Fort McHenry and the Star Spangled Banner A monumental city - more public statues and monuments per capita than any other city in the country Harborplace – Crabs - National Aquarium – Maryland Science Center – Theater, Arts, Museums Birthplace of Edgar Allan Poe, Babe Ruth – Orioles baseball Our hotel is the Hyatt Regency Baltimore Inner Harbor For exploring Charm City, you couldn’t find a better location than the Hyatt Regency Baltimore Inner Harbor. A stone’s throw from the water, it gets high points for its proximity to the sights, a rooftop pool and spacious rooms. The 14- story glass façade is one of the most eye-catching in the area. The breathtaking lobby has a tilted wall of windows letting in the sunlight.
    [Show full text]
  • Exclusive Offering Executive Summary
    EXCLUSIVE OFFERING EXECUTIVE SUMMARY INVESTMENT HIGHLIGHTS • Best-in-Class, 279,712 RSF, Class A Office Asset → Newest Office Building Along Pratt Street • 10 Year Average Occupancy of 98% → Currently 86% Leased to 14 Tenants with 6.3 Years of WALT • Prestigious Pratt Street Address → Pratt Street Corridor has Averaged 92% Leased over the Past 5 Years • Outstanding Access via the Jones Falls Expressway (I-83) and I-395/I-95 → Penn Station (8 Minutes) and Baltimore- Washington International Airport (18 Minutes) Are Immediately Accessible • Sweeping Views of the Inner Harbor, the National Aquarium in Baltimore, Power Plant, and Federal Hill → The Property Features 4 Private Balconies and 1 Private Terrace • Countless Nearby Amenities Provided by Harborplace, The Gallery, and Surrounding Retailers • Residential Renaissance is Revitalizing Downtown Baltimore → Continued Office-to-Residential Conversions Holliday Fenoglio Fowler, L.P. (“HFF”), as exclusive representative for the Owner, is pleased to present this offering for the sale of the leasehold interest in 500 East Pratt (the “Property”), a 279,712 RSF office tower prominently located along Baltimore’s renowned Pratt Street. Currently 86% leased to 14 tenants with a weighted average remaining lease term of 6.3 years, 500 East Pratt features sweeping views of the Inner Harbor, outstanding multi-modal accessibility, and a full compliment of amenities in immediate walking distance of the Property. The newest building along Pratt Street, the Property is a true best-in-class asset and has an impressive 10 year average occupancy history of 98%, which is the best performing asset along the Pratt Street Corridor. For over two centuries, Pratt Street has been the center of Baltimore’s commercial district, offering outstanding multi-modal accessibility, views of Baltimore harbor, and proximity to the finest cultural and retail offerings in the City.
    [Show full text]
  • Federal Register/Vol. 72, No. 174/Monday, September
    51658 Federal Register / Vol. 72, No. 174 / Monday, September 10, 2007 / Notices would be constructed off-site and 1979 MPS) 940–1145 Center St.; 2–9th Ct. South Carolina W.; 4–10th Ave. N.; 2–4 10th Ct. N.; 16– convenient to the park and St. Charleston County Augustine’s Spanish Quarter. The 24 11th Ave. N.; 1–2 11th Ct. N., Birmingham, 07001027 Seashore Farmers’ Lodge No. 767, NE. corner authority for publishing this notice is 42 Jct. of Sol Legare & Old Sol Legare Rds., U.S.C. 4332(2)(C). Arkansas James Island, 07001043 DATES: The ROD was signed by the Washington County Marlboro County Regional Director, NPS, Southeast West Dickdon Street Commercial Historic Region, on June 11, 2007. Appin (Boundary Increase), US 15/401 W, District, Dickson St. between Arkansas approx. 1 mi. SW. of Bennettsville, ADDRESSES: Copies of the ROD are Ave. & St. Charles Ave. & West Ave. Bennettsville, 07001044 available from the Superintendent, between Dickson St. & Lafayette St., Castillo de San Marcos National Fayetteville, 07001028 Newberry County Monument, 1 South Castillo Drive, St. Florida Hope Rosenwald School, 1971 Hope Station Augustine, Florida 32084; telephone: Rd., Pomaria, 07001045 Duval County 904–829–6506. Tennessee Hutchinson—Suddath Building, (Downtown FOR FURTHER INFORMATION CONTACT: The Jacksonville MPS) 315–319 E. Bay St., Meigs County Superintendent, Castillo de San Marcos Jacksonville, 07001029 National Monument, at the address and Blythe Ferry (Boundary Increase), (Meigs Indiana County, Tennessee MRA) TN 60 at telephone number shown above or Tennessee R., Birchwood, 07001046 David Libman at 404–562–3124, Posey County Wisconsin extension 685.
    [Show full text]
  • Port Services Guide for Visiting Ships to Baltimore
    PORT SERVICES GUIDE Port Services Guide For Visiting Ships to Baltimore Created by Sail Baltimore Page 1 of 17 PORT SERVICES GUIDE IMPORTANT PHONE NUMBERS IN BALTIMORE POLICE, FIRE & MEDICAL EMERGENCIES 911 Police, Fire & Medical Non-Emergencies 311 Baltimore City Police Information 410-396-2525 Inner Harbor Police (non-emergency) 410-396-2149 Southeast District - Fells Point (non-emergency) 410-396-2422 Sgt. Kenneth Williams Marine Police 410-396-2325/2326 Jeffrey Taylor, [email protected] 410-421-3575 Scuba dive team (for security purposes) 443-938-3122 Sgt. Kurt Roepke 410-365-4366 Baltimore City Dockmaster – Bijan Davis 410-396-3174 (Inner Harbor & Fells Point) VHF Ch. 68 US Navy Operational Support Center - Fort McHenry 410-752-4561 Commander John B. Downes 410-779-6880 (ofc) 443-253-5092 (cell) Ship Liaison Alana Pomilia 410-779-6877 (ofc) US Coast Guard Sector Baltimore - Port Captain 410-576-2564 Captain Lonnie Harrison - Sector Commander Commander Bright – Vessel Movement 410-576-2619 Search & Rescue Emergency 1-800-418-7314 General Information 410-789-1600 Maryland Port Administration, Terminal Operations 410-633-1077 Maryland Natural Resources Police 410-260-8888 Customs & Border Protection 410-962-2329 410-962-8138 Immigration 410-962-8158 Sail Baltimore 410-522-7300 Laura Stevenson, Executive Director 443-721-0595 (cell) Michael McGeady, President 410-942-2752 (cell) Nan Nawrocki, Vice President 410-458-7489 (cell) Carolyn Brownley, Event Assistant 410-842-7319 (cell) Page 2 of 17 PORT SERVICES GUIDE PHONE
    [Show full text]
  • Retriever Weekly Index: News....1 Opinions....5 Technology....8 Features...10 Sports...16
    THE ETRIEVER EEKLY RUNIVERSITY OF MARYLAND, BALtimore W county’s student newspAPER 10.02.12 VOLUME 47 ISSUE 06 RETRIEVERWEEKLY.COM BY MICHAEL LOFTHUS York Times bestseller. “It is our hope that for every book we choose, Contributing Writer the opportunity to hear from someone closely con- UMBC to host The same cancer cells that killed Henrietta Lacks nected with the text will remind us that a story, over 60 years ago are still alive today. Taken with- out her permission by the John Hopkins doctors if we are open to experiencing the words [and] not treating her, the cells took on a life of their own as whetherjust reading fact them,” or fiction, said has Jill theRandles, ability Assistant to change Vice us guest lecture the HeLa immortal cell line and had an unprece- Provost for Undergraduate Education. dented impact on medical research. It took more than 20 years for Mr. Lacks and the On October 9, Henrietta’s son David Lacks will rest of his family to learn about his mother’s “im- address the UMBC community with Dr. Ruth Faden, mortality” and the multimillion dollar biological about campus Executive Director of the John Hopkins Berman material industry it created. To date, HeLa cells Institute of Bioethics about Henrietta’s story. Em- have been used to conduct over 60,000 studies broiled in racial controversy, bioethics and scientif- that helped develop the polio vaccine, gene map- ic discovery, it was the subject of this year’s campus ping and more, but the family has never seen the book The Immortal Life of Henrietta Lacks, a New book situation.
    [Show full text]
  • Water Transit Strategic Plan June 22, 2015
    i Baltimore Water Transit Strategic Plan June 22, 2015 Acknowledgments This report is prepared for the Baltimore City Department of Transportation (BCDOT) with assistance from Whitman, Requardt and Associates, LLP and funded through a grant provide by the Baltimore Regional Transportation Board, the Maryland Department of Transportation and the US Department of Transportation. City of Baltimore Stephanie Rawlings-Blake, Mayor William M. Johnson, Director of Transportation Lindsay Wines, Deputy Director, Administration Veronica P. McBeth, Transit Bureau Chief Valorie LaCour, RLA, LEED AP, Division Chief, Transportation Planning Project Team BCDOT Linda Taylor-Newton, City Planner II Ciara M. Willis, Transit Services Administrator Frances Knauff - Dockmaster Whitman, Requardt and Associates, LLP Thomas J. Hannan, PE, Senior Vice President James M. Ritchey, Vice President Patrick R. Christian, Transit Technical Specialist Andrea Trabelsi, AICP, Transportation Planner Wendy Haubert, Geographic Information System Specialist Abbi Hoff, Graphics Artist Special thanks to eleven business and community leaders who participated in a Water Transit Workshop on February 24, 2015 including representatives from Greater Baltimore Committee, Waterfront Partnership, Under Armour, Legg Mason, Workshop Development, Watermark Cruises, Baltimore Development Corporation, Locust Point Civic Association, Baltimore Zipcar, and Cruise Maryland. Harbor Care, LLC the operator of the Water Taxi and Harbor Connector cooperated fully over the course of the study providing
    [Show full text]
  • Resolution #20-9
    BALTIMORE METROPOLITAN PLANNING ORGANIZATION BALTIMORE REGIONAL TRANSPORTATION BOARD RESOLUTION #20-9 RESOLUTION TO ENDORSE THE UPDATED BALTIMORE REGION COORDINATED PUBLIC TRANSIT – HUMAN SERVICES TRANSPORTATION PLAN WHEREAS, the Baltimore Regional Transportation Board (BRTB) is the designated Metropolitan Planning Organization (MPO) for the Baltimore region, encompassing the Baltimore Urbanized Area, and includes official representatives of the cities of Annapolis and Baltimore; the counties of Anne Arundel, Baltimore, Carroll, Harford, Howard, and Queen Anne’s; and representatives of the Maryland Departments of Transportation, the Environment, Planning, the Maryland Transit Administration, Harford Transit; and WHEREAS, the Baltimore Regional Transportation Board as the Metropolitan Planning Organization for the Baltimore region, has responsibility under the provisions of the Fixing America’s Surface Transportation (FAST) Act for developing and carrying out a continuing, cooperative, and comprehensive transportation planning process for the metropolitan area; and WHEREAS, the Federal Transit Administration, a modal division of the U.S. Department of Transportation, requires under FAST Act the establishment of a locally developed, coordinated public transit-human services transportation plan. Previously, under MAP-21, legislation combined the New Freedom Program and the Elderly Individuals and Individuals with Disabilities Program into a new Enhanced Mobility of Seniors and Individuals with Disabilities Program, better known as Section 5310. Guidance on the new program was provided in Federal Transit Administration Circular 9070.1G released on June 6, 2014; and WHEREAS, the Federal Transit Administration requires a plan to be developed and periodically updated by a process that includes representatives of public, private, and nonprofit transportation and human services providers and participation by the public.
    [Show full text]