AGP Executive Report
Last update: 6 hours agoMaritime Industry: Maryland has created a task force to pursue growth in shipbuilding and ports, putting the state’s maritime economy on the agenda. National Harbor Project: Prince George’s County approved up to $215 million in bonds for a proposed 6,000-seat Sphere venue. Supporters project a $1.3 billion economic impact for the county, though more approvals are needed. Nuclear Investment: The Energy Department conditionally offered Constellation up to $5 billion for upgrades at plants in Maryland, Illinois and Pennsylvania, with the work expected to add nearly 1.1 gigawatts of electricity. Real Estate: Maryland’s state retirement system committed $175 million to funds managed by Abacus Capital Group and TA Realty. Professional Services: Venable has formalized a family-office practice spanning wealth planning, investments and succession, building on work across the firm.
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