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Business News From The City of Frederick, Maryland January 2017
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Hello
January brings winter weather and marks the start of the Maryland General Assembly Session. Each year at this time the City Department of Economic Development leads the charge for
Frederick Day in Annapolis. This annual event gives Frederick community leaders the opportunity to say thank you for state investment in Frederick projects and provide information about upcoming priorities and requests. This year’s sponsors include Frederick County Office of Economic Development, Leidos Biomedical, Chamber of Commerce, Tourism Council, Downtown Frederick Partnership, Fort Detrick Alliance, and Frederick Innovative Technology Center Inc. (FITCI).
Over the past year, state financial and technical support was crucial to the successful completion of local capital projects including the Culler Lake reconstruction, the new Shared Use Path under US 15, Carroll Creek Park improvements, the Weinberg Center HVAC System upgrade, and Façade Improvement Programs.
Looking forward we are highlighting the MD 180/351 Corridor Improvements near AstraZeneca, Frederick Municipal Airport runway and hangar projects, the Downtown Hotel and Conference Center development, construction of the center Section of Monocacy Boulevard and new US 15 Interchange, Wastewater Treatment Plant Upgrade, and Westside Regional Park.
Check out the details on each of these projects
online. Frederick is grateful for the State’s role in these projects that help grow our future and provide a community where businesses and residents thrive.
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Richard G. Griffin, AICP, CEcD
Director, Economic Development
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Flying Dog Brewery Finalizes Purchase of City-owned Land for Brewery Expansion
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On Dec. 29, 2016, Flying Dog Brewery recorded the deed on the $2.55-million site it purchased from The City of Frederick in order to expand its brewery operation. Flying Dog’s plans for the 31.69-acre lot include a 150,000-square-foot state-of-the-art brewery and a farm brewery. The company currently owns and operates a facility just outside the city limits at 4607 Wedgewood Blvd., Frederick, Md.
Learn more about the purchase details and Flying Dog’s plans.
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McClintock Distilling Awarded Grow Conditional Micro Grant
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Mclintock Distilling, one of three recently opened distilleries in the City, was awarded the maximum grant amount of $5,000. The grant can assist with expenses such as fit-out, demo, signage, paint and other improvements.
The program is open to small businesses with fewer than 25 full-time employees that operate in one of the City’s targeted industries. Complete details on the program and additional details on eligibility are
included online.
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Frederick Municipal Airport and DED at NBAA Schedulers & Dispatchers Conference
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This conference provides an opportunity for Frederick to market and share the benefits of flying FDK to dispatchers and schedulers. At FDK, pilots and passengers can enjoy a spacious lobby, flight planning facilities, work station with internet access, on-site rental car service, and close proximity to Downtown Frederick, and fine dining and entertainment. Future airport expansion plans will provide new build-to-suit development opportunities for aeronautical-related businesses. The sites will be ideally situated near the runway, meaning less time from taxi to takeoff.
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Inspiring Office - Jean Peterson Design's Office Offers Character and Collaboration Spaces
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While many modern build-outs try to emulate the old warehouse feel, there's nothing like the real thing, says Emily Dorr, Vice President and Creative Director at Jean Peterson Design. Their office space in Everedy Square has exposed brick walls, beams, and high ceilings. Combine that with spaces for collaboration, and it fits the criteria of one of Frederick's Inspiring Offices.
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Frederick Named One of the Best Cities for New Grads
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Frederick, MD was ranked #43 in the U.S. as one of the
2017 Best Cities for New Grads. It made the list for its affordable cost of living, relative salaries, plentiful local amenities, and great job market for recent college graduates. Mid-sized cities like Frederick were prevalent on the 2017 list. This supports the findings in a spring 2016 survey conducted by DED that indicated over half of local college students wanted to remain in Frederick after graduation.
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As Hood College students return to class this week, we are reminded that Frederick is well-positioned to retain future graduates. A
survey of Hood students indicated that 60% of students "agreed" or "strongly agreed" that they would choose to live in The City of Frederick following graduation. A
compilation of Frederick Facts is available on the DED blog.
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The City of Frederick made a recently published list from Goodcall.com -
Best Cities for New Grads. #43 of 50 listed cities. See the
entire list here.
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Frederick IT company,
Fugue, announced it has closed an approximately $41M Series D financing round, bringing total funding to date to more than $75M. The Series D funding comes as Fugue prepares to launch new products and services. Fugue uniquely offers a strategic, streamlined approach to managing cloud operations and supports customers through their entire cloud journey.
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View 2016 business openings in Frederick. A new 2017 list will be available next month.
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Available Commercial Space
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Office Space - 1 South Market Street (3rd floor Colonial Jewelers building)
3,300 SF office space; overlooks Square Corner in historic Downtown Frederick, $14.50 NN/sq ft; NN= $1.10; Zoned Downtown Business; Elevator, Fiber optics, utilities.
For more information, contact
Chris Kline with Kline, Scott, Visco at 301-401-4106.
See more great available commercial spaces In The City of Frederick on the
DED website.
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City of Frederick | Economic Development | 301-600-6360 | www.businessinfrederick.com
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