Around Town

JPMorgan Chase is continuing its Mid-Atlantic expansion with a new bank branch in Ballston.

A Chase Bank location is currently under construction at 850 N. Randolph Street, in the former Pizza Autentica space. Permits show the new branch will include a coffee bar, among other amenities.


Feature

Sponsored by Monday Properties and written by ARLnow.com, Startup Monday is a weekly column that profiles Arlington-based startups and their founders, plus other local technology happenings. The Ground Floor, Monday’s office space for young companies in Rosslyn, is now open. The Metro-accessible space features a 5,000-square-foot common area that includes a kitchen, lounge area, collaborative meeting spaces, and a stage for formal presentations.

When Erik Neighbour’s sister gave birth to a baby boy a little over a year ago, like a lot of new uncles, he began to worry about the child’s future.


News

Federal investigators now believe a serial bank robber dubbed the “Beltway Bank Bandit” was responsible for the attempted robbery of the Columbia Pike Capital One branch Monday.

The FBI’s Washington office is now offering a $10,000 reward for information leading to the man’s capture, up from $5,000, and investigators believe he’s now been involved in 20 robberies across Virginia, Maryland and D.C. over the last year or so.


News

Good News for Ed Center Project — “It may not come with all the bells and whistles, but county school officials should be able to convert the Arlington Education Center building into classroom space without exceeding the $37 million budgeted for the project. Two estimates… came in slightly under budget to turn the former school-system headquarters into classroom space for 500 to 600 students.” [InsideNova]

Succession Question for Va.’s Leaders — Under fire for each of their own controversies, resignations by Virginia’s Democratic governor, lieutenant governor and attorney general could end up triggering a special election or even elevating a Republican state lawmaker into one of the top jobs. Meanwhile, the chaos in Richmond was the lead story on the national evening news this week — twice — and made the cover of this morning’s New York Post, with the headline “Virginia is for Losers.” [Politico, Twitter]


News

SunTrust Bank will close its branch in the Safeway at 3713 Lee Hwy on Feb. 5 — its second branch closure in Arlington on that day.

The bank told clients earlier in November that their accounts will be transferred to the Lee-Old Dominion branch at 4710 Lee Highway, unless clients specify a different location, Hugh Suhr, a spokesman for SunTrust, told ARLnow.


News

SunTrust Bank will close its branch at 249 N. Glebe Road on Feb. 5.

“The decision to close a branch is made after careful study and analysis,” Hugh Suhr, a spokesman for SunTrust, told ARLnow, adding that market growth, real estate arrangements and transaction volumes are some of the factors considered.


Around Town

Navy Federal Credit Union has now opened its fourth branch in Arlington.

The bank held a grand opening for the new branch, located at 6402 Williamsburg Blvd, on Monday.


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