Business News From The City of Frederick, Maryland
January 2021
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Hello

Earlier this week, on a cold and blustery Martin Luther King Day, I had the opportunity to assist Frederick’s I Believe In Me organization provide groceries to over 300 individuals and families. The event which marks over 50 weeks of work by the organization to help feed Frederick occurs in the parking lot at District 40 on the Golden Mile.  While Frederick’s unemployment rate at 6.0% is lower than the state and national averages, it is clear that many in our community are suffering. Suffering from economic hardship due to job loss, and suffering from the mental and emotional hardships of isolation. It was a stark reminder that many in our community live at the margins and I was grateful for the experience and opportunity to share the day in service with two of my sons.  

But there is some light peeking through the storm clouds as we look forward. Frederick is working hard to roll out the COVID vaccination program while encouraging residents to remain vigilant in wearing masks and social distancing. Healthcare workers, frontline service workers, elderly, and teachers are all in the early que for vaccines. According to data presented to the Maryland Banker Association last week at their Annual Economic Outlook Forum, it appears that projections for economic recovery later this year and in 2022 are strong. Places like Frederick are expected to outperform large cities in the post-COVID recovery. The federal PPP program is active with new relief funds and businesses need to apply through their local banks.

Frederick businesses continue to move forward and so does the City of Frederick.  Business expansions, recruitment, and new local homegrown businesses are progressing.  Just this week a long-standing Frederick business, Rollins Funeral Home, held its groundbreaking for a new Life Celebration Center and Stulz USA announced a 25,000 SF expansion.  These projects and more like them, represent good paying jobs with benefits and tax base.  Let’s keep it rolling in 2021.

Stay Well,
Richard G. Griffin, AICP, CEcD
Director, Economic Development
The U.S. Small Business Administration has reopened the Paycheck Protection Program (PPP) for new borrowers, as well as for certain businesses who have previously received a PPP Loan. We encourage all local businesses in need to learn more here and to explore the opportunity with their local lender.
Join us at this one-day, now-virtual conference for vital information necessary for small businesses to better understand the federal procurement process, mission requirements and forecasted opportunities. The event will feature special access to representatives from defense & civilian agencies in the Mid-Atlantic region seeking to do business with a diverse range of industries. Learn more & register here.
Last year, The City of Frederick’s Department of Economic Development launched two new grant programs designed to provide relief to local small businesses struggling due to the economic restrictions of COVID-19. The following report summarizes the distribution and impact of these City programs.
Early December 2020, Matan Companies announced plans for over two million square feet of new bio manufacturing ready space along the I-270 Corridor, between NIH in Bethesda and Fort Detrick in Frederick. Learn more about the planned Frederick-based facility here.
St. John Properties recently announced development plans for its newest Frederick-based project: EastPark, a 77-acre business community to be located at the intersection of Monocacy Boulevard, East Church Street, and Schifferstadt Boulevard. Read more about the project here.
Stulz USA - a global provider of energy efficient temperature and humidity management technology – has signed a lease through Warner Commercial at Carroll Creek Business Park. The new space will expand the manufacturing company’s footprint in The City of Frederick by 25,000 SF.
Minority Business Networking Opportunity
Frederick County’s Office of Economic Development invites you to join its free monthly networking & learning events geared towards helping minorities start and grow a business. Adapting to current in-person restrictions, the series has temporarily shifted to an online platform, but is still regularly meeting every third Thursday of the month. Learn more & register here.
Frederick County Health Department Announcement:
The Frederick County Health Department has contracted with a company to better connect with local businesses regarding COVID-19 related guidance. Learn more about the new program here. 
Frederick Police Department Announcement:
To promote public safety, the Frederick Police Department has issued a request for residents and businesses to discontinue driving oversized trucks along restricted streets in the City. Learn more about the request here.
DLC Management Corp announces brings Harbor Freight, the nations largest discount tool retailer, to Frederick County Square. Learn more about the deal.

Morgan Keller Construction announces additions to their ownership team. Learn about those leadership successions and other internal promotions.

Lee Development Group expands north from Montgomery County and opens a Frederick location. Learn about the business and the move here.

Golden Mile Alliance welcomes a new Operations Coordinator, Dena Whiten to manage and support special events, fundraising and social media.

Does your business have news to share? Send us a press release and we'll help share that great news locally and regionally. Find out how!
Congratulations to the following anniversaries and grand openings:


If you have a business that has opened, relocated, expanded or celebrated
a milestone anniversary, in the last 3 months, please tell us!
January 22, 2021
STAY CONNECTED
City of Frederick | Economic Development | 301-600-6360 | www.businessinfrederick.com