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De Ferranti Goes on the Offensive Over Vihstadt’s Handling of Arlington’s Office Vacancy Rate

by Alex Koma October 15, 2018 at 9:45 am 0

Arlington’s lone County Board race this fall has largely been a genteel affair so far, but Democratic challenger Matt de Ferranti is sharpening his attacks on incumbent John Vihstadt’s record, claiming the independent hasn’t done enough to address the county’s high office vacancy rate.

County officials of all stripes have long identified Arlington’s challenges filling vacant office space in corridors like Crystal City and Rosslyn as a prime reason that the county’s tax revenues have shrunk, squeezing its budget and creating a whole host of challenges for the county government.

Accordingly, both Vihstadt and de Ferranti have made the issue a central one for their respective campaigns, particularly because whoever wins a spot on the Board will likely need to wrestle with a budget that includes tax increases to tackle those revenue challenges.

Yet the Democrat has pledged a laser focus on the issue in recent debates and forums, and the Committee of 100 Board debate on Wednesday (Oct. 10), moderated by ARLnow’s Scott Brodbeck, was no exception. De Ferranti even went a step further to critique Vihstadt’s handling of the vacancy rate since he first won a special election four years ago, when he became the first non-Democrat on the Board since 1999.

“It’s been at 20 percent for four years,” de Ferranti said. “We need to bring it down and make it our priority to bring it down… and we need new vision to bring down that vacancy rate.”

Vihstadt pointed out that the county has successfully lured major companies during his tenure, with few bigger than Nestle and Gerber, in addition to smaller firms like trade associations and tech companies.

He added that he remains committed to “business and tax base diversification” to address the office vacancy rate as federal tenants increasingly go elsewhere, noting that “we’re not just a company town anymore.”

“We need green tech, med tech, cybersecurity and so forth,” Vihstadt said.

De Ferranti agrees on that point, but noted he’s been discussing the prospect of luring those industries to Arlington since his successful primary campaign this spring, charging that Vihstadt was coming to that particular talking point a bit late in the game.

“I’m glad that we’re both mentioning now, clean tech, green tech, energy efficiency technology,” de Ferranti said. “Those are the right fields, but we should’ve identified those four years ago.”

The spat over the office vacancy rate also carried over to perhaps the most contentious topic in Arlington at the moment: whether Amazon’s potential arrival in the county should be welcomed, or feared.

Vihstadt, as he has for months now, struck a cautious tone on the matter, noting that the county winning HQ2 would be a “mixed bag” in terms of its impacts on Arlington.

“We need to confirm the purported positives of this development coming to Arlington, but we also need to be mindful about addressing mitigants and negatives,” Vihstadt said.

De Ferranti acknowledged that caution is warranted, given the myriad ways in which the sudden arrival of 50,000 Amazon workers could disrupt the county’s housing market and strain its infrastructure. But he was also considerably more bullish on how the company could solve the very problem he spent so much time discussing, should Jeff Bezos follow through on the rumors and tab Crystal City for his second headquarters.

“With a vacancy rate of above 20 percent in Crystal City, we can’t turn it down,” de Ferranti said. “Count me as someone who says, we have conditions, but we have to move forward. That’s not to say your anxieties, and all Arlingtonians’ concerns on this, aren’t relevant, but eventually you have to take a position. My position is we need to ensure there are net benefits…but we also need to have a solid plan before we sign on to anything.”

You can listen to the entire debate on this week’s edition of the 26 Square Miles podcast.

Listen below or subscribe to the podcast on iTunesGoogle PlayStitcher or TuneIn.

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