Belvedere Square would become Belvedere City Market in latest plan

The owners of Belvedere Square are seeking city approval for a revamp that will likely include a rebranding of the historic North Baltimore shopping center that will “hark back to the neighborhood’s commercial heydey” of the 1940s. In documents submitted to the city’s Planning Department, Cross Street Partners LLC is proposing a huge new neon sign above Belvedere Square’s storefront markets along East Belvedere Avenue; awnings and large panel signs using 1940s-era fonts; and metal blade signs that will be visible to pedestrians at the street level. (Balt. Bus. Journal)

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Hunt Valley Towne Centre wants apartments, but Sears doesn't approve

Hunt Valley Towne Centre LLC has a deal to sell part of the property to a national developer that would build 400 apartments at the shopping center that is home to Sears Roebuck & Co., Wegmans and other retailers. But the deal with AvalonBay Communities Inc. hinges on Hunt Valley Towne Centre getting approval from Sears, one of the mall’s anchor tenants. Hunt Valley Towne Centre and Sears are fighting it out in U.S. District Court in Baltimore over an attempt to force the retailer into arbitration to get Sears to consent to a modification of the shopping center’s site plan that would allow for the apartments, according to court filings. (Balt. Bus. Journal)

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AirPatrol to expand in Howard County

AirPatrol Corp., a Columbia-based cybersecurity firm that focuses on wireless and mobile systems, will relocate its headquarters to Maple Lawn Corporate Center park in Howard County and expand, the Howard County Economic Development Authority announced late Wednesday. The growing company's offices currently are on Broken Land Parkway, a few miles away from the new development in Fulton. (Balt. Sun)

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Evergreen Health Co-op to open four Baltimore-area clinics

Evergreen Health Co-op plans to open four new health centers and hire 45 clinical employees to flesh out the new insurance company’s in-house health care network. Evergreen will have medical facilities in The Rotunda in North Baltimore, White Marsh, Columbia and Greenbelt where people who buy Evergreen insurance can see doctors. Each center will have a staff of eight employees, including doctors, nurse practitioners, social workers and case managers. (Balt. Bus. Journal)

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BGE profit up 64% on higher electricity, gas rates

Baltimore Gas & Electric Co.’s earnings rose 64 percent, to $23 million, in the second quarter on higher rates for electricity and gas. BGE’s revenue increased 6 percent to $653 million, up from $616 million. Meanwhile, Exelon Corp., the parent company of BGE, posted quarterly adjusted earnings of $454 million, or 53 cents a share. (Balt. Bus. Journal)

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Anne Arundel industrial space leasing rates drop in 2Q

Renting industrial space in Anne Arundel got cheaper in the second quarter of 2013 compared to the first three months of the year, according to Cushman & Wakefield Inc. data released July 29. (Capital)

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Maryland to share in Wyeth Pharmaceuticals $491 million settlement 

Maryland will receive more than half a million dollars as its share of a $491 million settlement between drug maker Wyeth Pharmaceuticals Inc., and the federal government, all 50 states and the District of Columbia, Maryland Attorney General Douglas F. Gansler announced Wednesday. (Daily Record)

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Environmentalists sue Export-Import Bank over loan guarantee to domestic coal broker

A lawsuit was filed Wednesday by a coalition of environmental groups against the Export-Import Bank of the United States. The groups are challenging the federal agency’s financing of fossil fuel exports from ports in Baltimore and Hampton Roads. (Wash. Post)

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