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It’s part of the prolificc and nationallyknown builder’s decision to ride out the recessiomn as a for-fee consultant and contractor and extends to most of its projectw from New England to Nortnh Carolina, company CEO C. William “Bill” Strueveer said. Struever, who pioneered the idea of Baltimore’ss waterfront as a “Digital Harbor” and home for high-tec h businesses, said he was forced into the positiomn by mounting debts and the inability to borro w money tofinance projects. Those conditions, he developed more quickly than he expected due to the economicv downturn and nationwidecredit crunch. Baltimore-basec Struever Bros.
has significantly reduced its work force in response to the and now employs fewer than100 people. “I’m a ebullient, optimistic guy; that’s why I’m in trouble,” Struevert said. “I never would have guessex how hard it was goingy to be to get financing forthose projects.”
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