Arlington has landed the headquarters of another publicly traded company.
Arlington County and Gov. Glenn Youngkin announced Tuesday evening that CoStar Group will be moving its corporate headquarters from D.C. to the Central Place building in Rosslyn. The Washington Business Journal previously reported that the company was nearing a deal to buy the office tower, describing the impending move as “another blow to downtown D.C.”
Two anti-predatory towing bills from Arlington lawmakers have cleared the House of Delegates and will now head to the state Senate for discussion.
Seven years ago, former Gov. Terry McAuliffe (D) signed a bill preventing Northern Virginia jurisdictions from requiring real-time authorization of tows by the requesting business or parking lot during business hours.
Welcome to Kami’s Korner where we’ll take a deep dive into Arlington’s condominium market by focusing on what’s coming next. From emerging developments to shifting trends, this space will spotlight the opportunities and insights shaping the future of condo living in Arlington.
To understand where the market is today, let’s look at how the condo market has changed. What began as an affordable housing alternative for first-time homebuyers has become the pinnacle of true luxury urban living typical of a world-class city. Let’s explore the 20-year evolution of new condos in Arlington.
Early 2000s: Affordability Focused. Condominiums in the early 2000s were aimed primarily at first-time homebuyers. Affordability was key and this type of housing in Arlington wasn’t glamorous quite yet. The market was steady and interest rates, at just under 7% in 2001, were deemed attractive. Most buildings had 100- 200 units and the average size for a new condominium in Arlington was 950 sq ft.
Mid-2000s: Market Heats Up. In 2003 the market began to pick up speed, fueled by the abundance of financing and essentially loans that required no documentation or proof of affordability. During this time Ballston saw several apartment to condo conversions. Condo units were generally designed as apartments so unit sizes were smaller among all unit types. Finishes were acceptable but not great. This is when granite countertops became the epitome of quality.
New builds like Liberty Center in Ballston shifted the average size down while finish quality and livability of design improved. It was probably the best building of that generation. Like many others at that time there was a rush to buy and buildings were very successful in pre-sale. (more…)
Italian restaurant Carbonara is nearing an opening in Virginia Square.
Interior work on the new eatery at 3865 Wilson Blvd could be seen in progress over the past few weeks, with tiling and some decor already installed.
Meet Ocean, the newest Adoptable Pet of the Week.
If you don’t fall in love with her eyes you’ll definitely fall in love with her ears, and just in time for Valentines’s Day!
Join us for the Little Lambs Academy Open House!
Families with children ages 3 months through 12 years old are invited to tour our facility, meet our staff, and learn more about the programs we offer. This is a great opportunity to explore our classrooms, ask questions about enrollment, and see firsthand what makes Little Lambs Academy a nurturing and engaging environment for children.
Two Arlington attorneys are suing a Virginia sheriff’s office over a brutal triple homicide carried out by a deputy who, court documents allege, was hired illegally.
The deputy, 28-year-old Austin Edwards, reportedly lied about his age while soliciting sexual photos from a 15-year-old girl in California in 2022. When the teen rejected Edwards’ advances, he drove to California, claimed authority as a deputy to gain entry into a home and killed her mother and grandparents, according to legal filings.
One meeting down and two more to go before recommendations could emerge for a new name to adorn the forthcoming Arlington Career Center building.
Arlington Public Schools last month created a naming committee to discuss potential names for the new building, which will house the Arlington Career Center and the handful of programs within it, including Arlington Tech. As the committee has just starting meeting, no contenders have yet emerged for the building on S. Walter Reed Drive, slated for completion in the fall of 2026.
A 25-year-old man was arrested near Clarendon over the weekend and charged with stealing money from the tip jar at two local businesses.
The suspect also threatened an employee during the early Saturday incident, according to Arlington County police.
Local Pizzas on Magazine List — Stellina in Shirlington and Colony Grill in Clarendon made Washingtonian’s list of “Our Food Critic’s 19 Favorite Pizzas Right Now.” [Washingtonian]
No Explanation Yet for Fire — From Dave Statter: “It has been 5 days since something floated down and started an awning on fire outside the Pentagon Row Apartments at 1401 S. Joyce Street and there’s still no substantive information from @ArlingtonVaFD. No explanation from ACFD on what the floating object was.” [Twitter]
Good Monday evening, Arlington. Let’s take a look back at today’s stories and a look forward to tomorrow’s event calendar.
The following articles were published earlier today — Feb 12, 2024.
