Blog
Shared kitchens are licensed commercial spaces that provide access to the infrastructure and equipment needed to produce food in compliance with regulatory requirements, without the risk & cost of ownership. The City of Frederick is home to three shared kitchen businesses -- which collectively host nearly 50 budding food entrepreneurs! Learn more about the industrious facilities here.
Restaurants play a major role in the United States’ economy. Last year, despite the pandemic, restaurant industry sales generated $799 billion in our nation and employed 14.5 million Americans. As a renowned "foodie" haven, the economic impact of food & beverage businesses is particularly strong in Frederick.
Maryland’s Small Business Development Center (SBDC) provides support to local entrepreneurs and small businesses. In addition to providing free individual consultation, the organization hosts comprehensive training programs with most classes at low to no cost.
St. John Properties is currently spearheading two major projects that are transforming Frederick’s east side and bringing new jobs & industry to the region. Below we take a quick look at these projects and hear from St. John Properties’ Regional Partner, Matt Holbrook, on the vision behind these game-changing developments.
Earlier this month, our team had the opportunity to tour Matan’s most recent project—Progress Labs at Riverside 1. Developed to meet the rising real estate demand from the life sciences industry, the project will deliver 215,000 SF of biomanufacturing-ready space in summer 2022 and is currently being marketed to prospective tenants.
On February 17, The City of Frederick’s Board of Alderman unanimously approved to accept $2.52 million from Frederick County government to assist in the purchase of the future site of the downtown hotel and conference. Proposed as a full-service Marriott branded hotel, the project will serve as an economic anchor along Carroll Creek - providing new downtown lodging options, stimulating local spending, and attracting future private investment to the area.
Last July, the City’s GROW Grant program guidelines were updated to provide opportunities to a wider range of businesses for the coming fiscal year. Since the program’s refresh, two businesses — ODIN Crossfit and Gravel & Grind — have been able to take advantage of the program, and a third project in process. Read more about these recent grant awards here.
The City of Frederick is accepting applications for the City Historic Preservation Property Tax Credit until April 1, 2022. Tax paying property owners may apply for a credit equal to 25 percent of the properly documented expenditures incurred during 2021 for exterior work that contributes to the restoration or preservation of a structure designated by the City of Frederick as a Historic Preservation Overlay zone.
