Economic Development

Davon Barbour, vice president of economic development and planning for the Downtown Partnership of Baltimore, is closely following the buying habits of Millennials. He knows many of those dollars are invested in food and beverage, particularly when it comes to Millennials who live and work in downtown settings. With that in mind, Barbour and his team are focused on attracting new entries into the market, as well as expanding current offerings, such as Blackwall Hitch, which is set to open its fourth location in the area. Yard 56, a Prudential-backed …

The City of Moreno Valley, just east of Riverside, Calif., in Southern California’s Inland Empire submarket, has been growing rapidly and will continue to do so. Moreno Valley’s population has consistently grown by 5 percent every year, according to Melissa McClain, the city’s management assistant of economic development. There are more than 7,000 single-family and multifamily homes in the current pipeline — and those residents will soon be seeking out additional retail options. A few of the city’s premier shopping centers have changed hands recently, allowing these properties to undergo …