News

Arlington’s Creeping Debt — Arlington is now one of just eight localities in Virginia with more than $1 billion in municipal debt. Arlington is on the high end of debt on a per-capita basis, at $5,240, but a number of Virginia cities including Richmond and Falls Church have higher levels. By comparison, however, Alexandria has only $3,269 in debt per capita. More from the Sun Gazette.

Rosslyn Commons Groundbreaking Scheduled — Developer JBG is planning a groundbreaking for its Rosslyn Commons residential complex, to be held at some point in January. The Rosslyn Commons project consists of two towers with a total of 474 housing units, including 55 affordable units. More from TBD.


News

Bayou Bakery Opening Set — Cookbook author David Guas is hoping to open his Bayou Bakery coffee bar and eatery concept by November 1. The restaurant, which is taking over the old Camille’s space at 1515 North Courthouse Road, will feature Louisiana-style pastries, sweets, sausages, and other savory selections.

Rosslyn CVS To Renovate — The CVS at 1100 Wilson Boulevard will be getting a major facelift. The 26-year-old, nearly 10,000 square foot pharmacy will get a new layout, new window displays and new finishes throughout the store. No timeline was given for the construction. More from the Washington Business Journal.


News

Circulator Bus Service Comes to Arlington — On Sept. 1, DDOT will begin operating a new Circulator bus route between Georgetown and Arlington. More from the Washington Examiner.

Planetarium Fundraiser Draws a Crowd — More than 400 people attended the “Night at the Planetarium” fundraiser at the David M. Brown planetarium Saturday night, organizers said. The event raised about $4,500 to help save the planetarium from closure.


News

For the tenth straight year, Arlington has scored a financial “triple-triple.” All three major bond rating agencies have just affirmed Arlington’s AAA bond rating, the highest rating available.

“I think it’s especially important at this time, which is very difficult for the economy, local governments and bond markets,” County Manager Michael Brown told board members while announcing the good news today.


Schools

The $104.6 million project was fast-tracked by the school system and the county board in order to take advantage of more favorable bids from construction companies hurt by the recession. Originally, the county’s 2008 Capital Improvement Plan called for the school’s bond referendum to take place in 2012.

“By moving the project forward we will realize significant savings through reduced construction costs,” board Chairman Jay Fisette said in a statement.