News

CEB Being Acquired — Arlington-based CEB Inc., one of the county’s biggest private employers, is being acquired by Connecticut-based Gartner in a $2.6 billion cash-and-stock deal. CEB is set to anchor one of the under-construction Central Place towers in Rosslyn once it is completed. [Reuters, Gartner]

Fisette Still Mulling Reelection Run — Jay Fisette, who is serving as Arlington County Board Chair for 2017, has not yet decided whether he’ll run for another four-year term. Fisette says he’ll make a decision in February, the Washington Post’s Patricia Sullivan reports. [Twitter]


Around Town

A fan of Cherrydale’s House of Steep is buying the business to keep it from closing.

Lyndsey DePalma, who founded the tea house and “foot sanctuary”at 3800 Lee Highway, announced last month she planned to close the business and “lovingly serve our last cup of tea” by Dec. 30.


News

Heavy Traffic, Metro Issues — Commuters were welcomed back to work and back to school with a soaking rush hour rain, heavy traffic and delays on Metro’s Yellow and Blue lines. [Washington Post, Twitter]

Are We In a Restaurant Bubble?At last count, more restaurants closed than opened in Arlington last year. There’s talk that certain parts of Arlington’s restaurant scene — sit-down restaurants in particular — are oversaturated. While there’s always room for top-notch restaurants, Arlington’s restaurant woes are seemingly consistent with the assertion that we are in a national restaurant bubble. [Thrillist]


Around Town

Chris Farley is a native Arlingtonian who had a knack for running and turned it into a thriving local business.

Farley, the owner and co-founder of Pacers Running, talked with us about how he and his parents bought a local running store and worked hard to grow it to a small chain that also organizes local races.


News

County to Buy Houses for Fire Station — The Arlington County Board last night approved the purchase of two houses on N. Culpeper Street for a total of $1.68 million. The houses are needed for the construction of a new Fire Station No. 8. One house will be torn down to make way for a temporary fire station, while the other will serve as quarters for firefighters at the station. [Arlington County]

Boeing to Move Defense HQ to Arlington — Boeing is moving the headquarters of its Defense, Space and Security unit from St. Louis to its existing regional HQ in Crystal City. The move will bring about a dozen top executives and fifty support staff to Arlington. [Washington Business Journal]


Around Town

The Chamber is very much opposed to a proposed addition to the county’s towing ordinance that would require business owners to individually authorize each tow from their parking lots. The Arlington County Board is set to take up the issue this coming Tuesday, with the County Manager recommending against the so-called “second signature” requirement.

On Airbnb and other short term rentals, the Chamber has actively engaged its members on the county’s new proposed regulations, which are going before the Board on Saturday. With hotels in support of additional regulations, and apartment owners against (they would like the option of generating revenue through Airbnb while they lease up new buildings), the Chamber has declined to take a stance beyond encouraging its members to make their own voices heard.


Around Town

The Lee-Lex Service Center, a well-reviewed, long-time automotive business at the corner of Lee Highway and N. Lexington Street, has closed.

Lee-Lex’s website, which has remained largely unchanged for the past 12 years, says that the service center has “been a good neighbor in our Arlington community since 1978 and consistently receive[d] excellent ratings by consumer magazines.”


Around Town

It looks like a ramen noodle restaurant is coming to the former Amsterdam Falafelshop space in Clarendon.

Saul Centers, which owns the building, now lists “Hanabi Ramen House” on its leasing chart for the retail bay at 3024 Wilson Blvd.


Around Town

In this week’s 26 Square Miles podcast, we talked with Nick about the current state of Arlington’s restaurant business, why so many restaurants are closing, and why he’s decided to start investing in and advising new restaurants. Nick also discusses the ups and downs and strategy behind running a bar and restaurant.

Be sure to subscribe to our podcast, 26 Square Miles, on iTunes, Google PlayStitcher or TuneIn.


Opinion

This year’s long string of restaurant closings in Arlington has people wondering what’s happening to the local restaurant business.

There are a number of factors potentially at play: oversaturation of restaurants, a culling of less-compelling or outdated restaurant concepts, high rent, a national “restaurant recession” and even perhaps a local downturn in “disposable income” spending due to election-related anxiety.


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