Va. Square Apartment Proposal — “Sekas is the contract buyer of 730 N. Oakland St., currently home to a small, 1940s-era apartment building a couple blocks from the Virginia Square-GMU Metro station. The firm wants to redevelop the lot with a new, bigger apartment building, according to a major site plan amendment application it filed Monday in Arlington County. The new 26-unit building, dubbed the Flats at North Oakland, would rise five stories and weigh in at about 34,000 square feet.” [WBJ]

N. Va. Hard Hit By Fed Cuts — “A Brookings Institution report released Wednesday… “Early warning signs for the DC region’s economy amid federal downsizing,” identifies Alexandria alongside Arlington County, Fairfax County, and Loudoun County as jurisdictions where unemployment has risen most sharply.” [ALXnow]

Local Health Care Deal — “An Arlington health care services company is selling its primary care business to a local competitor. Evolent Health Inc. just struck a deal with Privia Health Group Inc., also of Arlington, to offload Evolent Care Partners, its accountable care organization business. The unit helps independent doctors lower costs and improve patient outcomes, and get paid based on those results.” [WBJ]

Va. Announces Tax Rebates — “Governor Glenn Youngkin today announced that eligible taxpayers will receive tax rebates of up to $200 this fall if they filed individually, and up to $400 if they filed jointly… Eligible taxpayers who filed their state taxes prior to July 1 will be sent rebates by October 15, 2025, arriving by the end of October.” [Press Release]

It’s Thursday — Expect showers and possible thunderstorms after 11am, with a high near 80, south winds of 6-10 mph, and gusts up to 20 mph. There’s an 80% chance of precipitation, and new rainfall amounts could reach between a quarter and half inch. Thursday night, showers and thunderstorms are likely before 2am with a low around 67, a southwest wind of 6 mph, and the same 80% chance of precipitation. [NWS]