BCT Architects buys the assets of DDG
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.