South Baltimore Business Roundup

Ryleigh’s Oyster to Open a Third Location

The Ryleigh’s Restaurant Group is staying busy – not only is Crossbar construction underway, they are now preparing to open their third Ryleigh’s Oyster location. After completing their second location last year in Hunt Valley, the group is planning to open their newest restaurant at 1225 Cathedral St. across from the Meyerhoff in Mount Vernon. From an article in the Baltimore Business Journal:

“It just needs some love and some changes to some of the layout,” he said.

Like Ryleigh’s first two locations in Federal Hill and Hunt Valley, the third restaurant will have its own flavor.

“There will be overlaps in menu items, but our customers usually tell us what they want to eat and that usually sorts itself out,” McComas said.

He hopes to have the third Ryleigh’s open by the end of the summer in time for show season at the Meyerhoff.

Red Owl Analytics Raises Capital

Red Owl Analytics, headquartered at 1111 Light Street in Federal Hill, recently raised nearly $5 million in funding, including an investment from Under Armour CEO Kevin Plank. From an article in the Baltimore Business Journal:

The $4.6 million in Series A funding will be used to ramp up product development and expand RedOwl’s client portfolio in the financial services, law and government sectors. Investors in the new round include Marc Benioff, CEO of Salesforce.com; Igor Sill of Geneva Venture Group, Christian Lawless of Conversion Capital; Attractor Ventures LLC, Propel Baltimore, and Tedco’s new Veterans’ Opportunity Fund.

Harris Teeter Lowers Their Prices at McHenry Row

Recently Harris Teeter decided to lower its prices in its North Carolina stores and now South Baltimore’s McHenry Row location will also experience similar changes. All of the store’s employees have been wearing shirts that say, “new lower prices on thousands of items” and a large sign that reads the same message has been posted on the exterior of the store. The lower prices are a result of Kroger’s recent acquisition of Harris Teeter.

Baltimore Named One of the World’s 15 Best Waterfront Cities

The Huffington Post named Baltimore one of the “World’s 15 Best Waterfront Cities.” From the article:

A bustling harbor and lively downtown area make Baltimore a favorite destination among tourists. Walk down Charles Street to explore Inner Harbor, Baltimore’s main thoroughfare. Visitors can sign up for sailboat tours and boat rentals, or browse exhibits at the National Aquarium or Science Center. End the day watching the sunset over the water at The Rusty Scupper, a popular local seafood restaurant famous for its jumbo lump crab cake—a Baltimore specialty. Plan Your Trip: Visit Fodor’s Baltimore Guide

Pigtown Liquor License Updates

PigtownBaltimore.org reported the Cockeyed Cow at 900 S. Carey St. in Pigtown will have a BLLC liquor license transfer hearing on July 10th under the trading name N-Zone Bar and Grill.

Tommy Fox, former owner of Tommy’s Downtown Tavern at 839 W. Cross St., informed SouthBMore.com the bar’s liquor license was sold this week.