New Chesapeake Bay Crossing Study Approved

Feds OK Continued Study of New Chesapeake Bay Crossing

Engineering News-Record Engineering News-Rec... | 1 year ago

Maryland has received federal approval to conduct an environmental study to help find a location for a new Chesapeake Bay crossing.

Kokosing-McLean JV Wins Chesapeake Bay Bridge Contract

Engineering News-Record Engineering News-Rec... | 1 year ago

The Maryland Transportation Authority (MDTA) board has approved a $140-million contract to a team of Kokosing Construction and McLean Contracting to re-deck the westbound span of the heavily traveled Chesapeake Bay Bridge.The authority, announcing the board’s Oct. 27 action, said that major construction on the 4.35-mi. span is expected to begin in the fall of 2012 and officials are aiming for it to be completed in the winter of 2025-2026.Briefing material for the MDTA board meetin...

Tampa Bay rent prices are rising faster than household income, new study finds

bizjournals bizjournals | 1 year ago

A new study finds that rent prices in the Tampa Bay area have been outgrowing household income since 2000. Data research firm Real Estate Witch analyzed publicly available data from the U.S. Department of Housing and Urban Development, the Federal Reserve Bank of St. Louis and the U.S. Census Bureau to determine the difference between income versus rent growth. Across the nation, rent prices from 1985 to 2020 have increased by 135%, while income increased by 35%. In Tampa Bay, rent rose by ...

Kokosing-McLean JV Wins Chesapeake Bay Bridge Redecking Contract

Engineering News-Record Engineering News-Rec... | 1 year ago

The Maryland Transportation Authority (MDTA) board has approved a $140-million contract to a team of Ohio-based Kokosing Construction and McLean Contracting, Glen Burnie, Md., to re-deck the westbound span of the heavily traveled Chesapeake Bay Bridge.The authority, announcing the board’s Oct. 27 action, said that major construction on the 4.35-mi. span is expected to begin in the fall of 2023 and officials are aiming for it to be completed in the winter of 2025-2026.Briefing mate...

Tampa Bay housing market shows no signs of slowing down, latest study finds

bizjournals bizjournals | 1 year ago

Despite the rest of the nation slowly recovering, the Tampa Bay housing market continues to increase.

Keller Williams group rebrands Bay Area offices amid continued growth

bizjournals bizjournals | 1 year ago

The new name is part of a new look for the residential real estate brokerage after it reorganized operations with the Cunningham Group two years ago.

Chesapeake Bay Water Quality Is Still in Trouble, Two Major Reviews Say

Engineering News-Record Engineering News-Rec... | 1 year ago

Two separate assessments of the health of the Chesapeake Bay indicate that most jurisdictions within its watershed on not on track to meet target goals to cut nitrogen and phosphorus discharge levels by 2025. But new plans and programs put in place in 2022 could improve the restoration trajectory, according to the U.S. Environmental Protection Agency. On Oct. 4, EPA released results of its evaluation of two-year environmental compliance milestones for bay jurisdictions that fall wi...

Up next for Metro North Crossing: New apartment phase, several retailers

bizjournals bizjournals | 1 year ago

Multiple multifamily and retail aspects within the Northland's Metro North Crossing development have seen momentum in the last several months.

Drilling down on Remington Hotels' acquisition of Chesapeake Hospitality

bizjournals bizjournals | 2 years ago

Dallas-based Remington Hotels, a wholly owned portfolio company of hotelier Monty Bennett’s holding company Ashford Inc., expanded its management portfolio significantly with the $26 million purchase on April 18 of Chesapeake Hospitality. Here's how the acquisition fits into the parent company Ashford Inc.'s growth strategy.