So. Md. Business News Briefs - Southern Maryland Headline News

So. Md. Business News Briefs


Stacey Cousineau Named Sales Manager at Long & Foster’s Lexington Park Office

CALIFORNIA—Stacey Cousineau, a real estate professional for over 10 years, has been named sales manager of Long & Foster Real Estate’s Lexington Park office, located in California, Md. Cousineau, who brings significant career achievements to her new position, is well-respected in the local Realtor community. Long & Foster Real Estate is the largest independent residential real estate company in the United States.

Cousineau has been in the real estate industry since 2003 and began her real estate career with the Long & Foster family in Waldorf, Md. Since then, she has achieved great success in the business, supporting all types of clients from first-time homebuyers to individuals relocating to the area. In her new position at the Lexington Park office, she will work closely with Dontae Carroll, regional manager for Long & Foster’s southern Maryland division. Carroll currently heads the Lexington Park location, and Cousineau will support him, as well as the office’s real estate agents in their training, business development and other efforts.

“I am very excited to work with Dontae in leading the team of highly trained professionals at Long & Foster’s Lexington Park office. Long & Foster attracts high-caliber sales associates and clientele and is an industry leader by providing the best and latest tools, technology and training,” Cousineau said. “I look forward to building the Lexington Park office and the company brand in the southern Maryland region.”

In addition to her real estate sales experience, Cousineau previously managed a title company and an accounting firm and assisted an attorney who specialized in real estate transactions, providing her with diverse knowledge of the real estate business. Cousineau also continually works to advance her knowledge and skill set by successfully completing continuing education classes. She currently holds the professional designations of Graduate, Realtor Institute (GRI), e-PRO certification, Short Sales and Foreclosure Resource certification (SFR) and the Internet Marketing Specialist Designation (IMSD). Cousineau also has earned her Associate Broker’s license.

St. Charles Reports Sales of 250 New Homes In 2014

ST. CHARLES—The St. Charles Companies reported 250 new home sales for the year, the third year in a row of more than 200 new home sales contracts in the 9,200 acre community. St. Charles is just 11 miles south of the Capital Beltway and is close to Southern Maryland’s military bases, the booming retail and entertainment hub at National Harbor, and offers easy access to the area’s transportation corridors.

“Despite a challenging home market, new home buyers continued to find extraordinary value at St. Charles, driving steady sales of both townhomes and single family homes,” said St. Charles Companies President, Matthew Martin.

Overall occupancy at the company's portfolio of 2,500 apartments in the St. Charles planned community now stands at approximately 94%, reflecting the continued appeal of living in a master planned community to residents who prefer to rent or who are not ready to purchase. St. Charles recently completed and began leasing the 213-unit Links at Gleneagles apartments. The Links at Gleneagles raises the bar on apartment living in Southern Maryland with an onsite fitness center and clubroom, free membership to the Gleneagles Community Center with tennis courts, resort-style pool with beach entrance and clubhouse and condo grade finishes such as granite kitchen counters, crown molding and an upgraded appliance packages.

In 2014, St. Charles participated in the opening of the1,600-student St. Charles High School, which offers unique educational opportunities to students and the community alike. Built on a 100-acre site donated by The St. Charles Companies, the new school includes programs on environmental and natural resource management, technology, and current issues related to these fields of study, as well as cutting edge learning experiences such as a digital classroom and “Science on a Sphere.” This feature, co-developed by NASA, provides students with visual instruction about science, the Earth and the environment.

2014 also saw the completion of the sale of 76 acres in the Piney Reach Industrial Park to Competitive Power Ventures, which has broken ground on a 725 MW natural gas generated power plant. The sale highlighted St. Charles' unique competitive position in the commercial real estate market, with some of the largest undeveloped industrial and commercial parcels in the Washington region.

"Exciting things continue to happen in our planned community," said Mr. Martin, "and 2014 was just the beginning. Our strong residential and commercial sales show the continuing appeal of a well-executed smart growth philosophy and we expect to capitalize on that appeal in 2015."

St. Charles Generated Net Fiscal Impact Surplus of $76.2 Million to Charles County from 2007-2013

ST. CHARLES—The St. Charles Companies today released the results of a commissioned Fiscal Impact Study by Sage Policy Group, Inc. that concludes the 9,200 acre St. Charles community had a $76.2 million net positive fiscal impact on the Charles County economy between 2007 and 2013. The master planned community – the best-selling new home community in Southern Maryland – takes pride in continuously fulfilling its commitments and promises under Docket 90, the legally binding zoning indenture enacted by mutual agreement with Charles County in 1972.

“Since 1972, St. Charles has kept its promises to Charles County. This study reaches the same conclusion as four previous fiscal analyses: that revenue generated for the county government exceeds the expenses Charles County incurs in providing services to St. Charles' residents and businesses," said Matthew M. Martin, President of The St. Charles Companies. "The promise we make to provide a tax base that supports our ongoing residential development makes our mixed use community unique from other, stand-alone residential communities, and the study shows we continue to deliver on that promise."

Key findings of the study:

-- St. Charles generated $76.2 million in net revenue for Charles County during the study period, 2007 to 2013.

-- Despite the Great Recession, St. Charles contributed net revenue to Charles County for every year of the study period.

-- Property values in St. Charles declined less in St. Charles during the Great Recession than in the county as a whole.

-- Neighborhood schools in St. Charles continue to save Charles County millions in busing costs.

"This study demonstrates that our planned community contributes in a highly impactful way to the health and vitality of Charles County,” said Mr. Martin. “Through Docket 90, St. Charles has contributed land for schools, parks, libraries, charities, and public safety; built a road network that is used by residents throughout Charles County; and established a commercial base that is the foundation for the county's tax base. With more than $100 million in land and infrastructure contributions benefitting Charles County, and a thriving business community, St. Charles is a textbook example of how smart, well-planned, mixed used communities maintain long term value and appeal--and benefit the counties that have the foresight to include and support them in their master plan to manage growth."

"We are especially proud of the conclusions of this study," said Mr. Martin. "Because it covers the period of the Great Recession, the report demonstrates how St. Charles helps stabilize the county fiscally during hard economic times. The report concludes that our future is bright, and that the benefits to the county will increase as property values and average wages improve, and the county realizes the fiscal benefits of the CPV St. Charles Energy Center."

"These findings, tied with the previous studies, lead to one indisputable conclusion: St. Charles is smart growth for Charles County," said Mr. Martin.

The full report can be read at http://www.stcharlesmd.com/promises-kept.

New and Expanded Businesses in Calvert County

Valvoline Instant Oil Change
11755 Rousby Hall Road
Lusby, Md., 20657
410-449-6154

*The opening of the Valvoline Instant Oil Change brought the total number of new and relocated businesses in Calvert County for 2014 to 56.

Patuxent Pub & Grill
258 Town Square Drive, Lusby
410-231-2182
http://www.paxgrill.com/

Pleasant Vapes – Dunkirk
10394 Southern Maryland Blvd., Dunkirk
410-610-7141

Vintage Treasures & Nused Furniture, LLC
13862 HG Trueman Road, Solomons
410-610-7082

Expanded Businesses:

Boomerangs Original Ribs and Seafood
13820 HG Trueman Road, Solomons
410-326-6050
http://www.loveribs.com/ordereze/default.aspx

Ledo Pizza
8416 Bayside Road, Chesapeake Beach
410-257-1705
http://ledopizza.com/

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