economy | ARLnow.com

Morning Notes

Published February 8, 2017 at 9:05AM | Updated February 8, 2017 at 10:30AM

Police Search for Missing Boy — Updated — Arlington County Police were looking for a missing 13-year-old boy who may have run away from home yesterday evening. The boy took his bike and possibly camping gear, according to police and to scanner traffic. Police say the boy has since been “located in good health.” [Arlington County]

Carpool to Close, Move — The end is near for Carpool, the popular Ballston bar has kept on ticking despite originally being slated to close this past summer to make way for a redevelopment. Management reportedly plans to move Carpool to the Fair Lakes area of Fairfax County this summer. [Washington Business Journal]

News

Morning Notes

By ARLnow.com

Published September 19, 2016 at 9:45AM

Tourism Spending Record in Arlington — Visitors to Arlington spent about $3.1 billion in 2015, a new record. That’s up 3 percent compared to 2014. The tourism spending generated $86 million in county tax revenue and $115 million in state tax revenue. [Arlington County]

New ART 92 Schedule Starts Today — A more frequent ART 92 bus schedule starts today, with buses running every 15 minutes during peak times. ART 92 runs from Crystal City to Long Bridge Park to the Pentagon. [Arlington Transit]

News

Arlington Population Grows, Jobs Shrink

By ARLnow.com

Published April 20, 2016 at 11:00AM

Arlington County just released its 2016 Profile, which includes vital statistics like population, employment and demographics.

According to the county, Arlington’s estimated population on Jan. 1, 2016 was 220,400, up from 216,700 on Jan. 1, 2015 and up 6.1 percent compared to 2010.

News

Layoffs at Arlington-Based Opower

By ARLnow.com

Published April 11, 2016 at 11:20AM | Updated April 11, 2016 at 12:04PM

The move comes amid a wave of layoffs among tech companies that are struggling to attain or maintain profitability as tech investment euphoria cools. Across the economy, there’s weakness in the employment market and in corporate profits.

“We’ve reduced a small number of roles — about 45, including about 25 in our U.S. offices,” Opower Vice President of Communications Matt Maurer said this morning in response to an inquiry from ARLnow.com. “It’s part of an effort to cut back on our overall spend in sales and marketing and R&D.”

News

Morning Notes

By ARLnow.com

Published January 5, 2016 at 9:00AM | Updated January 5, 2016 at 10:43AM

Taxi Driver Fights Arlington Cemetery Tickets — A taxi driver is scheduled to appear in federal court later this month to appeal three misdemeanor traffic convictions. U.S. Park Police have been repeatedly ticketing Yahia Fayed for idling outside of Arlington National Cemetery, where he says there’s a steady stream of people looking for a cab. Federal officials say that’s not allowed. So far, no militiamen have threatened to protest federal government tyranny on Fayed’s behalf. [Washington Post]

Scary CO Incident at Gym Near Fairlington — Arlington County firefighters and medics were among those who responded to the XSport Fitness gym on King Street, across from Fairlington, on Saturday for a carbon monoxide incident. Witnesses said people all of a sudden started collapsing on their treadmills. Seven were hospitalized. A malfunctioning pool heater was found to be the cause. [Fox 5 DC]

News

Morning Notes

By ARLnow.com

Published December 21, 2015 at 10:20AM | Updated December 21, 2015 at 11:08PM

Shortest Day of the Year — Today is the shortest day of the year. The sun will be up just 9 hours and 26 minutes today, so enjoy the daylight while it lasts. Tonight is the winter solstice. [Capital Weather Gang]

Two Big Crystal City Projects on Hold — Two projects to replace aging office buildings in Crystal City are on hold due to high office vacancy in the region. Vornado was planning to replace 1851 S. Bell Street with what would have been the tallest building in Crystal City and the largest private office building in Arlington. The company was also planning to replace 223 23rd Street S. with an office and a residential tower. Those have both reportedly been shelved due to market conditions. [Washington Business Journal]

News

Arlington Ranks No. 6 Richest County in U.S.

By ARLnow.com

Published December 11, 2015 at 9:35AM | Updated December 11, 2015 at 10:19AM

This week, the Census Bureau released its 2014 Small Area Income and Poverty Estimates, which looks at poverty and income in counties and states. In Virginia, independent cities were included as “counties.”

The top three richest counties in the country, according to the data, are all in the D.C. area: Falls Church, Loudoun County and Fairfax County.

News

Morning Notes

By ARLnow.com

Published August 24, 2015 at 9:05AM

Arlington Inmate Dies — A 48-year-old convict died early Saturday morning in the Arlington County Detention Facility in Courthouse. The man, who had a “history of medical issues,” was found unresponsive in his cell and rushed to the hospital, where he was pronounced dead. [Arlington County]

More Sequestration Could Hit Virginia Hard — Virginia, and in particular Northern Virginia, is bracing for more sequestration cuts to the Defense Department, which are set to take effect in five weeks. Virginia’s two U.S. Senators are pushing for new budget legislation to replace the sequester. [Washington Post]

Opinion

Fisette: Economic Sustainability is a Key Priority

By ARLnow.com

Published January 18, 2014 at 2:00PM

Editor’s Note: The following opinion piece was written by Arlington County Board Chairman Jay Fisette. It originally appeared in ARLbiz, our weekly Arlington business e-newsletter. You can subscribe to ARLbiz here.

On New Year’s Day, I announced that my focus this year as Arlington County Board Chairman will be on sustainability – the ability to prosper through change. A key element of that focus for me will be laying the groundwork for Arlington to become a hub for the innovation economy.

Around Town

Coworking Spaces Expand Arlington Footprint

By Ethan Rothstein

Published July 22, 2013 at 9:45AM | Updated July 22, 2013 at 12:03PM

Link Locale in Clarendon

The pages of Craigslist are filled with budding young professionals who, unable to afford their own Metro-accessible apartments in high-rent Arlington, instead search for roommates and shared housing. In the past few years, a growing number of young businesses have been taking a similar approach to office space in Arlington: cheaper rent, good location and good company.

Five coworking offices have moved into Arlington in the past two years: UberOffices in Rosslyn, Carr Workplaces in Rosslyn and Clarendon, Link Locale in Clarendon and, most recently, The Ground Floor in Rosslyn in the same building as UberOffices.

News

Morning Notes

By ARLnow.com

Published July 10, 2013 at 8:30AM

‘Luxury’ Apartment Rent Falling in Arlington — Rents for Class A apartments in Arlington and Alexandria fell 4.5 percent in the second quarter of 2013, “a clear sign that the supply of new apartments is catching up to demand.” The average Class A rent in Arlington and Alexandria is $1,973 a month. [UrbanTurf]

Kroger Buys Harris Teeter — Ohio-based grocery chain Kroger has purchased Harris Teeter. So far, the company is not planning any significant changes for Harris Teeter stores, which will retain their branding and management. [Washington Post]