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Saturday, April 20, 2013

City Sees Signs Of Hope For Construction Economy

Development in the resort, both statistically and anecdotally, seems to be making its strongest comeback since the 2008 economic slump, with last month setting a post-decline record for building permit valuations, as well as the city’s Planning and Zoning Commission this week approving two new major projects.

The commission gave the go-ahead Tuesday on plans for a massive expansion of the Crab Bag restaurant on 131st Street, which will now be expanding into the property immediately to its north, which was recently vacated after the Kite Loft moved its store to the new shopping center being built at 67th Street.

“They’ve now acquired all the property with the Kite Loft and the offices in that area,” said Zoning Administrator R. Blaine Smith. The Crab Bag already has a take-out operation in the old Aquarius Condo building, which is connected to the former Kite Loft.

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5 comments:

Anonymous said...

wow. one construction job. this will save our eastern shore economy. wow. wow. wow. wow.

Anonymous said...

May we put this in perspective? The Crab Bag is opening a carry our (eventually) in half of the building next to them. They have already opened a T Shirt shop in the other half where the Kite Loft was. Further north though in the Fenwick Island area, there is a new oyster Restaurant from Baltimore's fell's Point area, a NEW venture on Lighthouse Road that was formerly the Hawaiin Crab house, as well as a NEW place replacing a former Irish oriented place in Harris Teeter plaza. The new growth is in DE where there is no 9% booze tax, no 7% food tax, or any other of the many taxes from O'Malley that have driven businesses out of Maryland. If you choose to eat steamed crabs, why would you want to pay another $7 to eat crabs in MD (sales tax) vs the Fenwick Crabhouse? for example?

Anonymous said...

7:22 well said.

Anonymous said...

As Marylander, I say wow.
wow. Boom town, here we are. wow.

Anonymous said...

And, 722 mentions several buildings that used to house thriving businesses that have now gone under; i.e. jobs lost. A little remodeling, a little side shuffling in existing buildings. How many "NEW" jobs to replace the lost ones? Same, or less?
No new construction here.
Not impressed with "NEW" here.