The Lucky Knot Men's, Local Coast open in Annapolis
I'm a longtime solver of the New York Times crossword, and I always get some extra enjoyment out of it when local folks and companies are mentioned in the clues or answers. The latest example of this was in Wednesday's puzzle, which featured the clue "Investment firm T. [blank] Price." That's the first time the answer "ROWE" has appeared in the crossword in relation to the Baltimore company since December 2020 (that's according to the incredible crossword site, XWord Info). "ROWE" has actually appeared in the crossword since then but with a different Baltimore connection: The clue referenced "Dirty Jobs" host and Baltimore County native Mike Rowe.
So I guess you could say Baltimore has the monopoly on Rowe-related crossword clues.
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Two new retailers open in Annapolis
A pair of regional clothing brands have set up shop on Main Street in Annapolis. The Lucky Knot has opened a dedicated men's location at 159 Main St. while Local Coast, which offers coastal, hunting and fishing apparel, has moved into 167 Main St., according to Annapolis-based Hyatt Commercial, which played a role in both deals. Hyatt's John Gallagher brokered the off-market sale of 159 Main St. in March. Property records show it sold to an entity tied to the family that owns The Lucky Knot for $1.8 million. The Lucky Knot has five stores in Virginia, and already had a women's store on Main Street. Gallagher also represented the former owner of 167 Main St. in selling the property last year and then brokered the lease with Lucky Coast on behalf of the new owner while Hyatt's Bill Steffey represented the tenant. Property records show that the building changed hands in December for $1.75 million to an Annapolis LLC. Local Coast's only other store is in Severna Park.
Baltimore fashion boutique expands to Virginia
Sassanova, a local fashion boutique specializing in contemporary men's and women's apparel, has opened a new store in McLean, Virginia. The store opened this week at the Chesterbrook Shopping Center, adding to existing stores in Baltimore, Lutherville and Bethesda. The new 2,200-square-foot location is Sassanova's largest to date and marks the first time the store is bringing its signature women's collections and its Nova Man menswear under one roof, according to a release. Owner Angela Tandy is one of this year's Women Who Mean Business honorees.
T. Rowe Price lays off employees
T. Rowe Price Group Inc. has started laying off an undisclosed number of employees, including at its new Harbor Point headquarters, the Baltimore Sun reported yesterday. The investment giant did not disclose the size of the layoffs or offer other specifics about the cuts but said the move is part of a plan to cut costs and return to organic growth.
A nearly 50-year-old regional Italian restaurant chain has sold its 10 locations as its owner looks to retire. BBJ reporter Morgan Simpson has more on what's next for the family-owned chain.
The Orioles may be on break, but Camden Yards was still hopping yesterday as we celebrated this year's Best Places to Work winners at the B&O Warehouse. The event was emceed by Ryan Ripken and attendees got a chance to meet the Oriole Bird, sample a wide array of ballpark and Maryland-themed food and take photos on the flag court. Read all about how the winning companies became a Best Place to Work here.
More speed cameras coming to I-83
Watch out, speedsters, more cameras are coming to Interstate 83. Baltimore City is adding two cameras along the roadway that are set to go live on Aug. 4, the Department of Transportation announced Thursday. The new cameras will be located near 41st Street, which the department said was picked based on where speeding and crashes typically occur. The city already has two other speed cameras on I-83 and the department said only one camera in each direction will operate at any given time. Drivers who exceed the speed limit by 12 or more miles per hour will receive a citation. The fine for a speeding citation is $40.
The logistics arm of Office Depot is closing down its Howard County facility as part of a nationwide cost-cutting effort. The BBJ's Matt Hooke has all the details.
New hotel and conference center gets $7.5 million state grant
The state Board of Public Works on Wednesday approved a $7.5 million capital grant to support the upcoming Downtown Frederick Hotel and Conference. The project is expected to result in 200 new full-time jobs and create $1.5 billion in economic impact over the next two decades, according to a release from Gov. Wes Moore's office. Our friends at the Washington Business Journal did a deep dive this spring into what the $103 million project will mean to the historic town.
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