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Biz Talk: AED Celebrates National Economic Development Week

This article was written by Adam Henry, CEcD, Business Development Manager for Arlington Economic Development.

Earlier this month, Arlington Economic Development took part in National Economic Development Week, which celebrates the positive contributions that the profession of economic development makes on localities, regions and states across the United States.

National Economic Development Week was established by the International Economic Development Council (IEDC), the world’s largest organization serving the economic development profession, with more than 5,000 members around the world. Best defined by IEDC, “Economic developers promote economic well-being and quality of life for their communities, by creating, retaining and expanding jobs that facilitate growth, enhance wealth and provide a stable tax base.”

As we celebrate the contributions that economic development brings to communities, we also recognize that none of the contributions would be possible without great partnerships and strategic investments to make a community attractive to its existing and prospective businesses.

Below are some examples of partnerships and investments AED has taken part in that support the business community and boost its profile as an ideal location to do business:

  • Gazelle Grant Program — Launched in 2016, Arlington Economic Development’s Gazelle Grant program was designed to be a deal-closing incentive program for fast-growing or “gazelle” technology companies. This program is a tool to help grow the tech ecosystem economy in Arlington by expanding the tech employment base and decreasing the commercial real estate vacancy rate. Since the inception of the program, Arlington Economic Development has attracted and expanded five high-growth technology companies with the Gazelle Grant. To date, the program helped create and retain an estimated 778 jobs and absorb over 83,000 square feet of commercial space.
  • Northern Virginia Economic Development Alliance — In September 2019, 10 jurisdictions from Northern Virginia came together to announce the formation of the Northern Virginia Economic Development Alliance (NOVA EDA). The Alexandria Economic Development Partnership, Arlington County, City of Fairfax, Fairfax County Economic Development Authority, City of Falls Church, Fauquier County, Loudoun County, City of Manassas, City of Manassas Park and Prince William County Department of Economic Development comprise NOVA EDA’s membership. NOVA EDA was created following the Amazon HQ2 and Virginia Tech Innovation Campus announcements in Northern Virginia to better collaborate as a region and develop a strong brand and story that showcases the value proposition of doing business in Northern Virginia.
  • Arlington Small Business Emergency GRANT (Giving Resiliency Assets Near Term) Program — In response to the pandemic in 2020, Arlington County partnered with the Arlington Industrial Development Authority and the Ballston, Crystal City and Rosslyn Business Improvement Districts to develop and implement the Emergency GRANT program to support small businesses that were impacted by the COVID-19 pandemic. In total, Arlington County supported 393 businesses through the $2.8 million program with awards of up to $10,000 per business.

These examples are only a few of the many ways Arlington Economic Development’s efforts make the community a competitive and viable option for companies to launch, expand and locate their businesses.

Through existing business support and programs to attract new investment to the community, Arlington is well-positioned to diversify its economy further, expand its technology ecosystem, and provide an environment for enhanced economic well-being and quality of life to all its residents.

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It is the decision of the United States Department of Defense (DoD) Washington Headquarters Services (WHS) to implement the Proposed Action: the 2024 Pentagon Reservation Master Plan Update (Pentagon Master Plan) as the framework to guide future decisions regarding land use and infrastructure at the Pentagon site and Mark Center. The Pentagon Master Plan aims to provide an update to the existing conditions at the Pentagon and Mark Center and presents projects and revisions to land use categorizations that will address the specific needs to reduce the Pentagon’s environmental impacts and advance sustainability, security, and resilience. The National Environmental Policy Act (NEPA) review has been completed through preparation of a Final Environmental Assessment (EA) to evaluate environmental impacts arising from implementation of the projects. WHS has concluded that no significant impacts to the human or natural environment will result from implementation of any projects, and recognized negative effects will be reduced by adherence to standard best management practices, applicable permit and consultation conditions, and standard operating procedures. This decision is further documented in the Finding of No Significant Impact (FONSI) signed on March 20, 2024.

This notice announces the availability of the FONSI to implement the 2024 Pentagon Reservation Master Plan Update.

For further information and to request a copy of the Final EA or FONSI, please contact Brian King, Environmental and Sustainability Program Manager, WHS/Facilities Services Directorate/Standards and Compliance Division/Environmental and Sustainability Branch; (703-614-3658 or [email protected]). Please include “Pentagon Master Plan Final EA and FONSI” in the subject line.

Submit your own Announcement here.

The 3rd Annual Arlington Fair Housing Conference will feature Thomas Silverstein, renowned Fair Housing expert and Associate Director of the Fair Housing & Community Development Project at the Lawyers’ Committee for Civil Rights Under Law.

Come hear the latest news about fair housing enforcement, policy, and programs within Arlington County, Virginia, and across the country! Our expert panelists and guest speakers include fair housing advocates, elected officials, and government officials tasked with advancing housing equity at the local, state, and federal level.

Arlington has made substantial strides in advancing housing equity and improving fair housing policy with the adoption of the Regional Fair Housing Plan in 2023. Come learn what’s next to fight housing discrimination, incorporate equity for marginalized populations in our housing policies and programs, and increase awareness of fair housing rights under state and federal law.

We’ll have updates from the U.S. Department of Housing and Urban Development on the Affirmatively Furthering Fair Housing federal rule, a panel discussion of fair housing progress at the General Assembly and across Virginia, and a panel of local experts discussing the progress Arlington has made and what remains to be done.
Please RSVP in advance to ensure you receive your free lunch at the conference. Free and open to the public.

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Submit your own Announcement here.

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