A recent national report has revealed that rents in Arlington have dropped by 14.8% since last March, according to an analysis of U.S. Census Bureau data by ApartmentList.com.
Arlington has had the seventh-largest decrease compared to other (much larger) markets, like New York, San Francisco, and Seattle. D.C. had the fifth-largest decrease.
The Arlington County Board is slated to review plans for two residential towers at 1820 N. Fort Myer Drive that include substantial affordable housing contributions.
The proposal from Arlington-based Snell Properties would replace the Ames Center office building across from the Rosslyn Metro station. A south tower will abut the Hyatt Centric hotel and a north tower will surround the existing Arlington Temple United Methodist Church and Sunoco gas station, dubbed “Our Lady of Exxon.”
This regularly scheduled column is written by Eli Tucker, Arlington-based Realtor and Arlington resident. If you would like to work with Eli and his team in Northern Virginia and the greater D.C. Metro area, you can reach him directly at [email protected].
Thank you to all who have served and to the families who have sacrificed or lost loved ones for our freedom. I hope you and yours have a special Memorial Day weekend with friends and family to celebrate our country and those we’ve lost defending it.
The Eli Residential Group donates annually to Arlington-based TAPS (Tragedy Assistance Program for Survivors) in honor of Memorial Day. Since 1994, TAPS has provided comfort and hope 24/7 to those grieving a death in the military or veteran community, through a national peer support network and connection to grief resources, all at no cost to surviving families and loved ones.
If you are interested in donating to a great charity this Memorial Day, TAPS is a four-star rated charity on Charity Navigator with 87.5% of funds raised going towards program expenses.
Eli and his team believe that your real estate needs should be managed by advisors, not salespeople. Their mission is to guide, educate, and advocate for their clients through real advice, hands-on support, and personalized service.
This article was written by Adam Henry, CEcD, Business Development Manager for Arlington Economic Development.
Venture activity is a critical component to a thriving tech ecosystem, providing capital and strategic investment opportunities for startups and high growth ventures to continue to grow and expand.
This Memorial Weekend: Argentine Festival USA Returns May 23
EVENT HIGHLIGHTS:
Say “hi” to Kona, Arlington’s newest Pet of the Week. Kona is a 5-year-old rescue who enjoys napping on shoes and eating tuna paste.
Here’s what Kona had to say about her life in Arlington:
Join Arlington for Palestine and NAACP Arlington Branch for a movie night and community discussion about Israeli apartheid.
We will watch two short Palestinian films about life under Israeli apartheid, hear from a member of Arlington for Palestine about their trip to Palestine last year, and discuss together what all this means to us living in Arlington .
(Updated at 12:45 p.m.) Traffic is light. Police dispatches are run-of-the-mill. Many residents are at home, watching their televisions.
In contrast to the chaos of two weeks ago, Inauguration Day has been uneventful in Arlington.
After 10 months of delays, D.C. coffee favorite Sweet Science Coffee opened its doors on Monday inside the former Java Shack building in Courthouse.
The soft opening this week will culminate in an open house on Saturday, from 10 a.m.-2 p.m., with coffee and pastry samples. The shop is open from 8 a.m.-p.m. this week, and this coming Monday will transition to its regular hours of 7 a.m.-4 p.m.
Va. Denied Reimbursement for Riot Response — “The Federal Emergency Management Agency has denied requests from Maryland and Virginia for an emergency declaration to cover expenses associated with responding to the Capitol riot and increasing security around President-elect Joe Biden’s inauguration. FEMA’s decision — which both states plan to appeal — could mean the states would not receive federal funds for providing law enforcement personnel and other support.” [Washington Post]
Barriers Block Bridge — “Gate being put up at the Memorial Bridge. It’s now completely closed until Thursday morning.” [Twitter]
Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!
Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes.
The 57-year-old Highlander Motor Inn is now closed and will be torn down to make room for a CVS store, owner Billy Bayne tells ARLnow.
The two-story motel at 3336 Wilson Blvd, near Clarendon, has been closed since December. Bayne expects demolition to begin on the building in March and the CVS to open in the fall.
