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March of Dimes Moving HQ to Crystal City, Will Get $150,000 in County Incentives

by Alex Koma December 17, 2018 at 11:45 am 0

The March of Dimes is officially moving its headquarters to Crystal City, now that county leaders have signed off on a $150,000 incentive package to lure the nonprofit to Arlington.

The County Board approved a deal with the research and advocacy organization at its meeting Saturday (Dec. 17). The March of Dimes will now move its main offices from White Plains, New York to an office building at 1550 Crystal Drive, bringing 80 jobs to the county in the process.

The nonprofit primarily focuses on advocating for the health of mothers and babies, and was founded by President Franklin D. Roosevelt in 1938. It currently has an office with 12 employees in Arlington, but it ultimately agreed to a full relocation to the county back in May.

“This organization’s work and legacy is inspiring, and we are honored that the strength of our community, as well as our proximity to the nation’s capital, led the March of Dimes to choose Arlington for its new home,” County Board Chair Katie Cristol wrote in a statement. “We look forward to a long-term and mutually beneficial relationship.”

However, the relocation wasn’t official until the Board could formally lend its approval to a deal with the nonprofit supplying it with $150,000 in incentive grants to be handed out between now and 2021, contingent on the group meeting certain targets.

The organization will have to occupy at least 25,000 square feet of office space in the county — its new lease at the JBG Smith-owned property calls for the company to occupy about 28,000 square feet of space — maintain at least 80 jobs, and “hold at least one regional or national event drawing at least 150 people from outside the region to Arlington County each of the three years of the performance agreement,” under the terms of the deal.

County staff estimate that the nonprofit will generate about $1.25 million in tax revenue for Arlington’s coffers over the next decade, justifying the incentive money, which has become an increasingly controversial tool since Amazon first started eyeing the area.

The March of Dimes will move into a building that will be quite close to some of the tech giant’s planned space in Crystal City, and at the center of a major redevelopment of the block set to kick off later this year.

Photo 1 via Google Maps

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