Business News From The City of Frederick, Maryland November 2017
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Hello
Tis the season, and with Black Friday just around the corner, here is an opportunity to understand Frederick’s hometown retail industry a bit better.
Frederick loves to buy retail goods as evidenced by more than $1.8 billion in consumer demand within three miles of the center of downtown Frederick. Frederick boasts more than 700 retail businesses in the City with 5,000 employees, including 200 retail businesses in Downtown Frederick, 150 along the Golden Mile, and 100 in East Frederick. Many are small independent retailers.
Retail businesses occupy approximately 2.3 million square feet of retail space in the City of Frederick or approximately 32 square feet of retail space for every one of Frederick’s 70,000 residents. Of course much of that retail serves a regional audience and the 1.7 million visitors from outside the region who are spending more than $1.0 million per day in our local economy.
Do your part this season. Shop local. Shop small. Shop often. Oh, and have a local meal and craft beverage while you are at it.
Best Regards,
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Richard G. Griffin, AICP, CEcD
Director, Economic Development
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Crossing those last few ‘hard-to-shop-for’ people off your holiday shopping list may seem like a daunting task. However, Frederick shoppers are fortunate to have a strong local retail scene with a supportive team of experts ready to help. We asked a few of these professionals to lend some initial advice when it comes to shopping for: the
Outdoorsman, the
Pet-lover, and the
Foodie on your list.
We hope you choose to take advantage of the many wonderful local options this coming holiday season!
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Frederick Business Owners Give Thanks
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Amidst the hustle and bustle of the holiday seasons winding up, November is also a special time of the year to reflect on those things in our life we are truly grateful for. In the City of Frederick, we know we are fortunate to have a strong, thriving business community. Our local network of hardworking individuals is what makes Frederick a great place to live and work -- and we are immensely thankful for it.
In the spirit of the season, we decided
to visit some of these businesses to see what, in turn, they were grateful for.
Watch these Thanksgiving thoughts here!
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From Online to Bricks & Mortar
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A Frederick-based company flipped the modern business narrative and added a Brick and Mortar component to their existing E-Commerce.
After seven years in business online, Sue Richter founder of
Charlotte's Cottage Quilt Shop- bought a physical location for her Quilt Shop in Walkersville and, just this June, moved to her dream location on
Shab Row.
We asked Sue to share her unique experience with both business models.
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City Receives Grant for Former "Carmack Jay's" Property
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The City of Frederick has been awarded grant funding support in the amount of $250,000 from the Maryland Department of Housing and Community Development (DHCD) Strategic Demolition Fund (SDF) to support parking and accessibility for the rehabilitation of the property at 331 N. Market Street in Downtown Frederick.
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SMART PROC 2018 - Federal Contracts for Your Small Business
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Are you interested in federal contracts for your small business? Join 800+ small businesses at the 15
th Annual
SMART PROC Small Business Conference in power packed 2 days of networking, team building and business development. Don’t miss this low-cost event to develop your business pipeline and market your capabilities to federal purchasers.
The 15
th Annual SMART PROC GOV CON is
November 30 and December 1, 2017 at the Clarion Inn Frederick Event Center - 5400 Holiday Drive, Frederick. To see the full 2-day agenda and conference information, visit
https://smartproc.eventgrid.com. Register today!
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Small Business Saturday - November 25
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The City of Frederick celebrates our local small businesses and the contributions they make to our local economy and community. According to the United States Small Business Administration, consumers spent a total of $15.4 billion at independent merchants the United States in 2016, and they represent 99.7 percent of American employer firms, create more than two-thirds of the net new jobs, and generate more than 50 percent of all U.S. sales.
Do some holiday shopping and show your support on
Saturday November 25 to all of the small, independent business owners in The City of Frederick.
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Free Holiday Parking Downtown Frederick
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Kicking off a season of local holiday shopping, street parking and public parking garages will be FREE on Frosty Friday (celebrated the Friday after Thanksgiving). Throughout the holiday shopping season (starting Thanksgiving and ending New Year's Day), on-street and public garage parking will then be FREE every weekend – (Saturdays 8 AM until Monday 6 AM).
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Partner Spotlight: Golden Mile Alliance
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This month, our Partner Spotlight highlights the
Golden Mile Alliance (GMA) as a resource for both new and existing businesses along Route 40, a gateway into the City of Frederick. The Golden Mile Alliance promotes investment and revitalization along the Golden Mile Corridor.
We recently spoke with board chair Deb Reynolds at GMA to learn more about the organization.
Here's what she had to say.....
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Visit Frederick (Tourism Council of Frederick County) recently won 2 awards at the annual Maryland Tourism Coalition (MTC) summit. Find out about the
awards here.
Akonni Biosystems was
awarded a grant to evaluate the TruDiagnosis® Molecular Diagnostics Platform for use in low resource settings. To find out more about that, check it out here.
Did you know? If you have good news to share about your Frederick business, we can help share that news locally and regionally.
Find out how!
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Available Commercial Space
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Office Space - 110 Baughman's Lane
Two office suites available - 1,600 and 1,190 SF of office space available - Frederick Medical Center building. One space has a drive through available, perfect for a bank or pharmacy. Close to access for US15/I270/I70. Surface parking available.
For more information, contact Baughman Professional Building at 301-694-8080.
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City of Frederick | Economic Development | 301-600-6360 | www.businessinfrederick.com
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