County to Invest $55 Million in Ballston Mall — Arlington County is planning its first-ever Tax Increment Financing district to help fund the renovations to Ballston Common Mall. Arlington plans to invest $45 million in the mall with its TIF, which will be repaid over time via increased tax revenue from the property. It also plans to make $10 million in transportation improvements, including improvements to the attached county parking garage and the narrowing of Willson Blvd in front of the mall. [Washington Business Journal]
Arlington May Ask for Jefferson Davis Hwy Renaming — Arlington County is considering asking local state legislators to seek a name change for Jefferson Davis Highway in Arlington. Also known as Route 1, the highway is named after the Confederate president thanks to state legislative decree in 1922. A draft of the 2016 Arlington legislative priorities list includes a proposal to rename “the Arlington portion of Jefferson Davis Highway in a way that is respectful to all who live and work along it.” [InsideNova]
Room For Economic Improvement — Arlington County’s building approval process remains cumbersome and overly time consuming, and the county lacks the kind of incentive resources — “weapons” — that other jurisdictions have for economic development. That’s according to Arlington Economic Development Director Victor Hoskins, at a recent panel discussion. [Washington Business Journal]
Per-Student Spending Down — Arlington County’s per-student spending is down to $18,616, from $19,040 last year, according to the Washington Area Board of Education. Arlington still has the highest per-student spending of any suburban Washington school system. [InsideNova]
Flickr pool photo by Erinn Shirley
