Business News From The City of Frederick, Maryland January 2018
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Hello
The 1974 song (When)
Everything Old Is New Again by Peter Allen celebrates things of old coming back into vogue over time and Frederick’s award-winning historic downtown is a perfect example. Largely abandoned by businesses during the post-WWII suburbanization and following the devastating floods in the 1970’s, Frederick’s central business district has rebounded as new generations of entrepreneurs and residents have have flocked to the area. One by one, vacant buildings have been refurbished and occupied by inspiring new businesses as one of the primary strategies for preservation is occupancy and use. Cool old buildings are attracting tech companies, restaurants, and now even breweries and distilleries. These efforts extend out of downtown east and west along the National Road and throughout the community. Recently Frederick’s historic district planners have been writing a column for the FNP called
Preservation Matters to inform the public about efforts by the city and others to reuse structures of old.
This issue of DED ENEWS is dedicated to multi-generational buildings and businesses. That said, I am not sure that the singer Peter Allen’s 1974 polyester jump suit or the ties in my closet are ever coming back into vogue.
Enjoy and help revitalize Frederick !
Best Regards,
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Richard G. Griffin, AICP, CEcD
Director, Economic Development
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Visionary Adaptive Reuse Projects for Frederick
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Adaptive Reuse has become a signature construction method of Frederick. Balancing reverence and pragmatism, adaptive reuse is the process of re-purposing existing buildings that have outlived their original function while retaining some of the site's original features. Through conscientious renovations, under-performing buildings are returned to the local economy as new, more viable uses. This creative re-imagining of buildings has inspired a uniquely interactive quality in Frederick's historic character, and transformed many of the neighborhoods' most concerning liabilities into their strongest economic assets.
Here we
take a look at some of Frederick's recent and current visionary reuse projects; as well as a glimpse at some future opportunities.
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Historic Buildings' Role in Frederick's Modern Economy
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A commitment to rehabilitate Frederick's historic buildings runs deep within deep within our community. Across the City – both within the historic district and beyond its corridors, private property owners repeatedly chose to restore and rejuvenate the old, rather than destroy and build new. Why is this trend so popular? Despite the challenges, the successful re-imagining of a historic building can strategically respond to a series of both community and business needs.
Read on for an overview of the economic benefits these creative projects offer to both public and private interests alike.
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Historic Tax Credits for You
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Did you know that the City, County, State, AND Federal levels of government all offer tax credit incentives for the restoration of properties designated as historic? Motivated by a desire to safeguard cultural heritage, stabilize and improve property values, and to foster civic beauty, every level of government offers a program (or - in some cases- several programs) to offset a portion of the private costs of renovating and restoring historic properties. As a citizen of each, you are able and encouraged to apply for these tax credits at every level.
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Businesses Planting Roots in Frederick
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Iconic business families of Frederick's economy -- each serving our community for over 50 years -- share a glimpse at their history, the rewards of keeping it in the family, and the key to their longevity.
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Partner Spotlight: Heritage Frederick
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While we are talking about preservation and the importance it plays in Frederick and its buildings and land, the organization best equipped to share and teach about our local history is Heritage Frederick, previously known as the Historical Society of Frederick County.
Follow our blog to learn about them and what they explain as their mission.
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City of Frederick Police Seek New Headquarters Site
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The Frederick Police Department Space Needs Assessment confirmed the department outgrew its current operations years ago. A new Police Headquarters will allow the FPD to consolidate its operations, improve internal communications and work flow, and allow it to meet the many standards required of an accredited law enforcement agency today and into the future. Efforts are underway to identify a new Frederick Police Department Headquarters site within a one mile radius of the intersection of Market and Patrick Streets in Downtown Frederick.
Read on about the efforts and RFI released.
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Manufacturers Embrace New Technologies
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How do area manufacturers keep up with the technology and find the talent needed to remain competitive in an ever-changing business environment?
The 4Th Industrial Revolution referred to as “Industry 4.0” is upon us. At a recent industry event, manufacturing experts encouraged attendees to be proactive and stay ahead of the monumental changes in the digital world! Whether its IoT, 3d printing,/scanning, cyber security, Robotics, or material science, manufacturers need to embrace change quickly to remain competitive.
Read more....
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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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Historic Prospect Hall Mansion - 889 Butterfly Lane
For Sale. 16,000 SF of available space. Located at the intersection of Butterfly Lane and Jefferson Pike (Route 180) in Frederick, with close proximity to the Golden Mile, Historic Downtown Frederick, Jefferson Tech Park, and much more. Easy access to interstates I70 and I270, and US 15.
Potential uses: Restaurant, antique/gift shop, cultural center, office space, school, assisted living, day care, Bed & Breakfast and more.
For information, contact Joe Lomangino at 410-266-5100, x128 or at JLomangino@hogancompanies.com.
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City of Frederick | Economic Development | 301-600-6360 | www.businessinfrederick.com
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