News

Morning Notes

Riding Amazon’s Coattails — “As Amazon.com Inc. builds and staffs up HQ2, other tech companies who orbit the online retailer could follow, according to a JBG Smith Properties investor presentation released Tuesday. ‘Amazon isn’t just 38,000 jobs,’ the JBG Smith documents say. ‘It’s a catalyst for significant growth.'” [Washington Business Journal]

Amazon Effect on Real Estate — “While the average sales price in Northern Virginia stayed steady at $565,000 in January, according to the Northern Virginia Association of Realtors, the number of homes under contract rose by 70 percent compared with January 2018, and the number of homes for sale fell by 20 percent year-over-year. Limited availability of homes drives prices higher.” [Washington Post]

More Details on Rosslyn Holiday Inn Plan — “New renderings also show that the [Rosslyn Holiday Inn redevelopment] is set to include a ‘public gallery,’ providing an east-west connection through the property between Fort Myer Drive and N. Nash Street. The space would be bookended by public plazas and provide access to the development’s retail offerings.” [Washington Business Journal]

ACFD Safety Initiative Kicks Off — “Beginning Sat., April 6, 2019, and continuing through Sat., Oct. 5, 2019, Arlington County firefighters will be going door to door offering home safety checks to include inspecting smoke and carbon monoxide (CO) alarms and giving relevant fire safety tips.” [Arlington County]

Va. AG Sues Over Trump Wall — “‘President Trump is flagrantly disregarding the law in his quest to justify his fake national emergency and build a needless border wall,’ said Attorney General Herring. ‘He is trying to unlawfully divert resources that law enforcement agencies in Virginia and around the country need for their actual work, and his larger plan could threaten half a billion dollars in military construction projects around Virginia.'” [Blue Virginia]