economic development | ARLnow.com

Published March 6, 2017 at 1:00PM

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.

Boston-based GreenSight Agronomics won this year’s annual Startup Arlington competition, Arlington Economic Development announced last week.

News

Nestlé to Move U.S. Headquarters to Rosslyn

By ARLnow.com

Published February 1, 2017 at 1:55PM | Updated September 15, 2017 at 9:11AM

(Updated at 4:15 p.m.) Nestlé is moving its U.S. corporate headquarters from Southern California to Rosslyn, the company announced today.

The move, a boon to Arlington in its effort to reduce the county’s office vacancy rate and its reliance on government-related employment, will finally bring an anchor tenant to 1812 N. Moore Street.

Around Town

Arlington County Considering Housing for Artists

By ARLnow.com

Published January 31, 2017 at 11:10AM

The public discussion will take place on Wednesday, Feb. 8 and will be led by Minneapolis-based Artspace, a nonprofit that “uses the tools of real estate development to create affordable, appropriate places where artists can live and work.”

“The conversation with arts, community, and business leaders will focus on the potential for artist housing in a variety of neighborhoods in Arlington,” according to a web page for the event. “The visit will assess the viability of arts-related programming for selected sites.”

News

Morning Notes

By ARLnow.com

Published January 26, 2017 at 10:30AM

Gov. Announces New Jobs for Arlington — Gov. Terry McAuliffe (D) has announced that Vorsight, a “sales effectiveness” tech firm in Rosslyn, will be expanding its corporate headquarters, creating 112 new jobs in Arlington. [Governor of Virginia]

New Apartments in Crystal City/Pentagon City — More than 1,100 new apartments opened in the Crystal City and Pentagon City area in 2016. More than 3,000 additional apartments are in the development pipeline. [Bisnow]

News

Morning Notes

By ARLnow.com

Published November 14, 2016 at 11:10AM | Updated November 14, 2016 at 11:40AM

Lubber Run Community Center Redevelopment — With voter approval of a “community infrastructure” bond that funds it, work is set to proceed on the redevelopment of the Lubber Run Community Center. Design work on the new four-story, $47 million facility will wrap up next year. Construction is expected to take place in 2018. [InsideNova]

Arlington to Keep One of the Last Kenneth Cole Stores — Kenneth Cole is closing 63 stores in the U.S. to concentrate on online and international operations. One of the fashion house’s two U.S. locations to remain open indefinitely: the store in the Fashion Centre at Pentagon City mall. [Bloomberg]

News

Morning Notes

By ARLnow.com

Published October 20, 2016 at 9:00AM

Earthquake Drill Today — Virginia and a handful of other states will be participating in the Great SouthEast ShakeOut earthquake drill today at 10:20 a.m. [ShakeOut.org]

Sobering News on Office Vacancies — County officials are warning that Arlington’s office vacancy rate will remain relatively high for the foreseeable future. Optimistically, economic development officials believe that by “slowly and steadily” winning lease renewals and new tenants, the vacancy rate could decline to just past 15 percent, from the current 20 percent, within a few years. [InsideNova]

News

Arlington Celebrates ‘Winning Year’ of Job Creation and Retention

By Adrian Cruz

Published August 3, 2016 at 1:45PM

Gov. Terry McAuliffe and County Board Chair Libby Garvey (photo courtesy Arlington County)

Arlington is succeeding in its efforts to attract and keep businesses and jobs in the county.

That’s the latest news from Arlington Economic Development, which reported yesterday its efforts helped lead to the creation or retention of 53 businesses and 4,200 jobs in the fiscal year of 2016.

Arlington County Hosting Small Business Summit Friday

Published May 4, 2016 at 3:50PM

In honor of National Small Business Week, Arlington County is taking another step forward in its mission to educate and assist the region’s small businesses and aspiring entrepreneurs by hosting Arlington’s first Small Business Summit.

The half-day summit, which is called “Open for Business” and takes place in connection with Arlington’s award-winning BizLaunch small business assistance network, will take place on Friday, May 6 at The Spectrum Theatre in Rosslyn and is designed to provide resources and information for anyone who may be considering or already own a small business venture. More than 300 people interested in small business are expected to attend.

News

Board Approves Budget With Tax Rate Cut, Increase in Public Safety Spending

By ARLnow.com

Published April 20, 2016 at 10:00AM | Updated April 20, 2016 at 12:51PM

The Board largely took the recommendations of County Manager Mark Schwartz, who presented his proposed budget in February, and voted unanimously for the new, $1.2 billion FY 2017 budget.

Under the budget, the property tax rate will be reduced by half a cent, to $0.991 for every $100 in assessed value, while the overall property tax burden on the average homeowner will increase from $7,640 to $7,829. The increase is due to a 2.8 percent rise in residential property assessments.

News

Startup Monday: Arlington Hosting Tech Events at SXSW in Austin

By ARLnow.com

Published March 7, 2016 at 1:30PM

Editor’s Note: 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.

The music, film and interactive festival attracts thousands of tech and creative economy players, large and small, for conferences, screenings, concerts and other events. AED will have a team at the SXSW Interactive portion of the festival, described as “an incubator of cutting-edge technologies and digital creativity.”

News

Morning Notes

By ARLnow.com

Published March 4, 2016 at 9:05AM | Updated March 4, 2016 at 9:58AM

Big Weekend for High School Sports — On Saturday, Wakefield will face Deep Run in the first round of the 5A state basketball tournament. The game is being played at Robinson High School in Fairfax at 5:30 p.m. Tonight, meanwhile, in what’s being called the hockey rivalry game of the year, Washington-Lee will face Yorktown at Kettler Capitals Iceplex. The puck drops at 8:10 p.m. [VHSL, Twitter]

Garvey Discusses Economic Incentive Push — Arlington has been actively making economic development deals, in some cases offering economic incentives to attract new employers to the county. But County Board Chair Libby Garvey said Arlington is being selective about the opportunities it pursues. “If it’s not good enough, we don’t do the deal,” she said. [InsideNova]

News

Gov. McAuliffe Welcomes Formerly D.C.-Based Startup to Clarendon

By ARLnow.com

Published February 29, 2016 at 3:50PM

Basket, a startup that produces a mobile app for saving money while grocery shopping, has moved from the District to Clarendon.

Virginia Gov. Terry McAuliffe, County Board Chair Libby Garvey and Arlington Economic Development Director Victor Hoskins were among the officials on hand today to welcome the company to their new digs at 1220 N. Fillmore Street.