BCT Ar­chi­tects buys the as­sets of DDG

Baltimore Sun - - MARYLAND - — Natalie Sher­man — Natalie Sher­man — Jeff Barker — Lor­raine Mirabella

A Bal­ti­more ar­chi­tec­ture firm has pur­chased the as­sets of De­sign Devel­op­ment Group, which de­clared bank­ruptcy this sum­mer.

BCT Ar­chi­tects paid $300,000 for nearly all of DDG’s as­sets. BCT has also hired about 28 of DDG’s for­mer em­ploy­ees, cov­er­ing an undis­closed amount of back pay, said Bryce Turner, pres­i­dent of BCT.

Turner, who worked at DDG or its pre­de­ces­sor firm for 15 years, said he wanted to keep the busi­ness in Bal­ti­more. The firms also of­fer com­ple­men­tary ser­vices, he said. DDG is known for its in­ter­na­tional de­sign and mas­ter plan­ning work, while BCT fo­cuses on ar­chi­tec­tural ser­vices, with projects such as the con­ver­sion of 10 Light Street into apart­ments.

DDG de­clared bank­ruptcy in July. with plans to open in early 2018.

Ho­tel developer and man­ager Cherry Cove Group broke ground about10 days ago on the five-story, 115-room ho­tel, said Jim Gos­nell, se­nior vice pres­i­dent of devel­op­ment at the St. Mary’s County firm. It is Cherry Cove’s first project in Bal­ti­more as developer and owner.

The 6571 East­ern Ave. project, which is sched­uled to for­mally break ground Mon­day, is ex­pected to cost more than $17 mil­lion, Gos­nell said. That in­cludes about $1.2 mil­lion in ac­qui­si­tion costs.

Iron­man ac­quires Across the Bay 10K

Iron­man, a sports hold­ing com­pany known for its triathlons, said Fri­day it has ac­quired the Across the Bay 10K — the an­nual Mary­land race be­ing held Sun­day — from its founders.

The Ch­e­sa­peake Bay Bridge race is the state’s largest run­ning event and fifth-largest 10K in the na­tion, ac­cord­ing to Tampa, Fla.based Iron­man, a Wanda Sports Hold­ing com­pany.

“IRON­MAN is ex­cited to add this mar­quee event to our en­durance port­fo­lio as we con­tinue to ex­pand our of­fer­ings of run­ning events in North Amer­ica,” said Iron­man CEO An­drew Mes­sick.

The race, which caps par­tic­i­pa­tion at 25,000 ath­letes, is run mostly over the 4.2-mile bridge and ends near Ter­rapin State Park in Queen Anne’s County.

Airmall an­nounces new shops at BWI

Sev­eral new re­tail­ers have opened at BWI Mar­shall Air­port, in­clud­ing a mas­sage spa and shops sell­ing sun­glasses and gourmet pop­corn, con­ces­sions oper­a­tor Airmall an­nounced Fri­day.

NYS Col­lec­tion, a sun­glasses and eye­wear bou­tique, opened in Con­course C. Pop­sa­tions Pop­corn Co. opened in Con­course A/B. The com­pany is based in Ti­mo­nium. And Be Re­lax Spa of­fers chair mas­sages, man­i­cures, and oxy­gen, aro­mather­apy and skin care treat­ments.

The new ten­ants hope to ap­peal to trav­el­ers and com­ple­ment the ex­ist­ing mix of brands at Bal­ti­more-Wash­ing­ton In­ter­na­tional Thur­good Mar­shall Air­port, said Brett Kelly, vice pres­i­dent of Airmall Mary­land.

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