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Garage project touted as stimulus for Annapolis Junction development

Garage project touted as stimulus for Annapolis Junction development

Construction is expected to begin this spring on a commuter parking garage for Howard County's first transit oriented development, a project planned to eventually include apartments, stores, offices and a hotel. County Executive Ken Ulman has approved a financing arrangement to pay for the $17 million job, a four-story, 704-space garage to be built next to the MARC Savage Station by the Somerset Construction company of Bethesda, and operated by the Maryland Department of Transportation. The project will be paid for under tax increment financing, an approach that uses anticipated tax gains to pay off bonds for public works improvements. The plan for Annapolis Junction Town Center...

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