economy | ARLnow.com

Morning Notes

Published July 2, 2019 at 7:30AM

Talento Selected as School Board Chair — “The Arlington School Board held its annual organizational meeting for the 2019-20 school year and elected Tannia Talento as Chair and Monique O’Grady as Vice Chair. The terms for the new Chair and Vice Chair begin immediately and will continue until June 30, 2020.” [Arlington Public Schools]

Which Amazon Units Are Coming to HQ2 — “We’re still a pretty long way from knowing what the estimated 25,000 workers at Amazon.com Inc.’s second headquarters will do, but a top company executive has named three units that will be represented in Arlington: Alexa, Amazon Web Services and Amazon’s consumer division.” [Washington Business Journal]

News

In Rare Public Appearance, Amazon Leaders Pledge to Become ‘Good Neighbors’ in Arlington

By Alex Koma

Published February 22, 2019 at 1:30PM

An Amazon executive joins leaders from around the region for a panel discussion.

Amazon executives say they’re looking forward to becoming “good neighbors” in Arlington, delivering a decidedly optimistic message to local leaders in one of the company’s first public events since tabbing the county for its new headquarters.

The tech giant’s head of worldwide economic development, Holly Sullivan, assured a crowd of government officials and business executives last night (Thursday) that the company is looking to build a “sustainable long-term partnership” in the region. That presented a stark contrast with Amazon’s recent decision to spurn New York City over concerns that local leaders were insufficiently supportive of a new headquarters there.

News

Tech Company Yext Plans Major Rosslyn Expansion, Bringing 500 Jobs to the County

By Alex Koma

Published February 22, 2019 at 11:00AM

A New York-based tech company just announced a major new expansion in Rosslyn, with plans to bring 500 jobs to the county over the next five years.

Yext rolled out plans yesterday (Thursday) to lease a 42,500-square-foot office space at 1101 Wilson Boulevard. The company will occupy the top three floors of the building, and will help slash the office vacancy rate in Rosslyn, a persistent problem over the last few years.

News

Morning Notes

By ARLnow.com

Published January 23, 2019 at 8:45AM | Updated January 23, 2019 at 9:16AM

Memorial Bridge Potholes — Large potholes made for dangerous driving on the under-construction Memorial Bridge over the weekend, but crews started repairing the bridge’s pockmarked surface Tuesday. [Twitter, Twitter]

Poke Restaurant Coming to Ballston — Local restaurant Poke It Up is expanding with a second location. The restaurant, which first opened in the Pentagon City mall food court, is now planning to open this summer at 4401 N. Fairfax Drive in Ballston, next to a new soup shop, Zoup. [Eater]

News

Morning Notes

By ARLnow.com

Published January 17, 2019 at 8:45AM

Spike Mendelsohn Planning New Restaurants in Crystal City — “Already in National Landing with Good Stuff Eatery and We, The Pizza, Mendelsohn has a letter of interest out for two new spaces. One will bring his Mexican taco shop already on Capitol Hill, Santa Rosa, to Virginia. Another is a new concept: fried chicken.” [Northern Virginia Magazine]

Shutdown May Fry Local Economy — “Come February — perhaps by the beginning of the month, probably the middle and definitely by the end — the financial, occupational and psychological impact of this now-record government shutdown will go from the theoretical to the very, very real.” [Washington Business Journal]

Around Town

Podcast: GMU Researcher Michael Farren on Amazon and Economic Incentives

By ARLnow.com

Published December 15, 2018 at 9:00AM

Amazon’s arrival in Arlington has been hailed as a massive boon for the county and the Commonwealth of Virginia.

But are the incentives offered to the company worth the economic development benefits it promises to bring? We discussed Amazon and the HQ2 process with Michael Farren, a researcher at GMU’s Mercatus Center who studies the effects of government favoritism toward particular businesses.

News

Amazon Skeptics Plan Town Hall Tomorrow to Let Community Share HQ2 Concerns

By Alex Koma

Published June 20, 2018 at 11:00AM

Local skeptics of Arlington’s efforts to lure Amazon’s second headquarters to the county are convening a community forum tomorrow (Thursday) for people to air their own concerns about the project.

Our Revolution Arlington, the local chapter of a national group created out of U.S. Sen. Bernie Sanders’ presidential bid, is planning a “community town hall” on the issue from 7-9 p.m. at Arlington Central Library. Other activist groups, including the Arlington Green Party and the county’s chapter of the Democratic Socialists of America, are co-hosting the event.

News

Morning Notes

By ARLnow.com

Published April 18, 2018 at 8:55AM

Four Mile Run Trail near the Water Pollution Control Plant (Flickr pool photo by Erinn Shirley)

Remembering Barbara Bush — Via the Arlington GOP Twitter account: “Former First Lady Barbara Bush died today at age 92. She will always be remembered for representing the best of America. We pray for and send condolences to her family.” [Twitter, CBS News]

New Sign for Apple Store — A new sign is going up outside of the Apple Store in Clarendon. The store was renovated in 2016. [Twitter, Arlington County]

News

Arlington Recognized Among Large Counties For Vibrancy, Business Growth

By Katherine Berko

Published July 27, 2017 at 3:30PM

The index, which was established in 2012, assesses counties in five areas: investment, talent, sustainability, place and diversity. Arlington won for counties with 150,000-499,999 people, ahead of Chesapeake in Virginia (near Norfolk) and Shawnee County in Kansas (which includes the city of Topeka).

“A vibrant business community, lots of arts and entertainment and low unemployment all contribute to a higher quality of life for this No. 1 community,” the citation reads.

News

Study: Arts’ Impact on County Coffers Doubled in Five Years

By Kalina Newman

Published June 20, 2017 at 4:30PM

Arts and Economic Prosperity Study

A new study has found that nonprofit arts and cultural organizations in Arlington have nearly doubled their impact on county coffers in the last five years.

The national study, “Arts and Economic Prosperity 5” by Americans for the Arts, found that nonprofit arts generate $189.2 million each year in Arlington and supports more than 5,000 full-time jobs. It also generates $13.9 million in tax revenues each year for state and local governments, the study found.

News

Trump Budget Plan Worries Local Lawmakers

By Chris Teale

Published March 21, 2017 at 4:30PM

Aerial view of the Pentagon (Flickr pool photo by Michael Coffman)

Trump’s budget blueprint for fiscal 2018, entitled “America First: A Budget Blueprint to Make America Great Again,” calls for $54 billion in additional defense spending.

The budget plan would cut federal funding to a swath of programs to help offset the increased defense spending, including a number that help lower-income residents.