As commercial and office vacancy rates continue to soar, the county is looking to food delivery staging areas, urban farms, breweries, and small warehouses as potential solutions.
At last week’s Planning Committee meeting, county officials expanded upon a County Manager initiative first announced in April to modernize, simplify, and add flexibility to the county’s zoning approval process. The efforts are being called “commercial market resiliency.”
The pandemic and work from home trends are causing pain for owners of office buildings in Arlington and across the region.
Arlington’s office vacancy rate reached 20.8% this month, according to data from CoStar, as relayed by Arlington Economic Development. That’s up from 16.6% at the beginning of 2020, as the pandemic first took hold, and 18.7% at the beginning of 2021.
Arlington is becoming a bonafide destination for corporate headquarters.
Three of the top 100 largest U.S. companies now have a headquarters — in the case of Amazon, a second headquarters — in the nation’s smallest self-governing county.
(Updated at 10:35 a.m.) Hot on the heels of Boeing moving its corporate headquarters to Arlington, another Fortune 100 company is about to call the county home.
Raytheon Technologies, which has an existing office at 1100 Wilson Blvd in Rosslyn, is planning to move its global headquarters to the neighborhood, the company and Virginia Gov. Glenn Youngkin announced this morning. It is currently based outside of Boston, where the company was founded a century ago.
Bye, Bye Bank Building — “A new residential development is on the boards for Columbia Pike. Marcus Partners filed plans late last week with Arlington County for a new 250-unit residential development at the site of the Bank of America office building at 3401 Columbia Pike. The six-story building will have ground floor retail, a central courtyard and 287 parking spaces on 2.5 below grade levels.” [UrbanTurf]
It’s Official: No Caucus — From Blue Virginia: “The @arlingtondems announce that their School Board Endorsement Vote process is canceled, as there is only one candidate (Bethany Zecher Sutton) left after the other withdrew.” [Twitter]
New Interim Economic Development Chief — “Today, I am pleased to appoint Shannon Flanagan-Watson as the Interim Director of Arlington Economic Development (AED), effective May 31. Shannon brings 28 years of combined experience working in and with local governments on a range of professional local government management and policy issues.” [Arlington County]
Shot Fired in Long Branch Creek — “1400 block of 28th Street S. At approximately 1:09 a.m. on May 5th, police were dispatched to multiple reports of shots heard in the area. Police canvassed the area and recovered evidence confirming a shot had been fired. The preliminary investigation indicates a verbal altercation between two subjects may have preceded the discharge of a firearm. No injuries were reported, and no property damage was located.” [APCD]
(Updated at 4:45 p.m.) Aerospace and defense giant Boeing is moving its corporate headquarters from Chicago to Arlington.
The move, first reported by the Wall Street Journal and since confirmed by the company, “would place the aerospace company’s senior executives closer to key government decision makers in the nation’s capital,” the paper reported.
It’s not just Telly Tucker who’s leaving Arlington Economic Development.
Tucker become the county’s Director of Economic Development in January 2020, just before the pandemic, after serving in the same role for Danville, Virginia. He’s now returning to Danville to head the state’s Institute for Advanced Learning and Research.
Taco Bell Returning to Courthouse — “Arlington’s Courthouse neighborhood has gone more than a decade without a Taco Bell. That sad period in its history will soon come to an end. The fast-food chain’s restaurant-bar combo, Taco Bell Cantina, will replace a portion of the multistory Guarapo, the lounge-tapas-hookah bar place that shuttered roughly six years ago, according to plans obtained from Construction Journal.” [Washington Business Journal]
Farewell, Farmbird — “It sounds like D.C. Farmbird locations are now closed, in addition to the Ballston location… People could be seen hauling items out of the Farmbird in Ballston today after an online auction for the restaurant’s equipment.” [Twitter, Barred in DC]
Changes Coming to ‘Crossing Clarendon’ — “Our central greenspace, The Loop, will be expanding to offer more spaces to walk, shop, relax and explore The Crossing Clarendon. This renovation includes natural planting and landscaping, a modern play structure for the kids, upgrades to the water feature, increased pedestrian zones, and updated seating for our visitors. Construction is slated until late 2022.” [Instagram]
HQ2 Is Attracting Companies, Investors — “The National Landing area, which encompasses Crystal City, Pentagon City and part of Potomac Yard in Arlington, has an $8B development pipeline, $2.5B of which is from Amazon, National Landing BID President Tracy Sayegh Gabriel said… Neighborhood leaders, developers and brokers said that HQ2 is drawing new global investors and commercial tenants to seek opportunities in the area.” [Bisnow]
Wet, Windy, Snowy Saturday on Tap — “A powerful storm system will cross the region Saturday. We are likely to see winds gusting over 50 mph Saturday, along with very low wind chills by Saturday night. We remain uncertain about snowfall, as the cold air will be chasing the precip — a wide range remains possible.” [Twitter, Capital Weather Gang]
Firefighters Union Wins Vote — “For the first time in more than FOUR DECADES — a public sector union will have the right to negotiate a contract with Arlington County. And it wasn’t just a win — it was a BLOWOUT.” [Facebook, Twitter]
When Amazon decided in 2018 to build its second headquarters in Arlington, the county’s economic development team heard one question from the business community: “Why?”
The county was, in the eyes of many, still the smaller and lesser-known neighbor of D.C., says Kelly Rindfusz, the communications director for Arlington Economic Development.
