Annapolis Budget Proposal Includes Infrastructure Projects and Fee Updates

Trash and recycling fees would rise under Annapolis Mayor Jared Littmann's budget proposal. His spending plan also includes parking garage repairs and construction at police and fire stations.

It was reported on April 24 that Ruth’s Chris Steak House has signed a 10,150-square-foot lease to move its Eastport location to the Annapolis Town Center. The relocation to the retail hub is planned for late 2026. This move reflects ongoing tenant shifts within the Annapolis commercial and retail market.

Reports from April 28 indicate that national office demand rose by 18% in Q1 2026. The increase is attributed to leasing activity in the AI, finance, and legal sectors. Data suggests that while vacancies remain, high-quality Class A spaces are seeing more consistent interest from corporate tenants.

According to Department of Commerce data released on April 21, U.S. retail sales grew by 1.7% in March, exceeding initial forecasts. Core retail spending, which excludes more volatile categories like gasoline and autos, showed a 0.7% increase. The data indicates that consumer spending remains steady across several major categories, including furniture and electronics.