The office vacancy rate in the Rosslyn-Ballston corridor continued to recover in 2017, with new tenants moving in this year expected to maintain that recovery.
Commercial real estate firm JLL found that the recovery continued for the third straight year, after tenants moved out in droves from 2009 to 2014 following BRAC and sequestration at the federal level. That contributed to Arlington County’s total office vacancy rate being at 22.7 percent in 2017.
A branch of PNC Bank in Rosslyn will close in mid-March.
A sign on the door of the bank at 1801 N. Lynn Street said it will permanently shutter on Friday, March 16.
Rosslyn has undergone a transformation in recent years as it continues to add new businesses, residential units and retail space in arguably Arlington County’s densest neighborhood.
It made national news last year as food giant Nestle chose to relocate its U.S. corporate headquarters there from Southern California. Nestle joined other corporate giants like Grant Thornton in moving to Rosslyn in recent years.
Update at 9:45 a.m. — Power has not been fully restored. According to the Dominion website, 282 customers are still without power. Restoration is currently expected by 1 p.m.
Earlier: Hundreds of Arlington residents are without power in the Courthouse and Rosslyn areas.
New ‘Best of Arlington’ List — Arlington Magazine is out with its annual “Best of Arlington” list. This year’s winners include The Liberty Tavern for Best Restaurant in Arlington, Ambar Clarendon for Best New Restaurant and Clare & Don’s Beach Shack in Falls Church for Best Outdoor Dining.
Tattoo Expo Returning — The D.C. Tattoo Expo is coming back to Arlington for another year. The expo is being held Jan. 12-14 at the Crystal Gateway Marriott. [D.C. Tattoo Expo]
Months after going on an apparent and indefinite “hiatus,” Ray’s Hell Burger appears to be officially leaving Rosslyn.
The restaurant at 1650 Wilson Blvd is now available for lease, albeit with the Ray’s awnings and signs still up, including one noting the hiatus.
After initially suggesting it closed for renovations, Spinfire Pizza in Rosslyn is gone for good, with its former space now seeking a new tenant.
The pizza joint at 1501 Wilson Blvd, part-owned by former Washington Redskins player Pierre Garcon, had been planning to reopen on December 31, according to its Yelp page. That has since changed to it being permanently closed.
Northern Virginia office space is most expensive to rent on Wilson Blvd in Rosslyn, according to a study.
Commercial real estate firm JLL found that rents on the street in Rosslyn average between $56 and $65 per square foot, and that those rents are increasing.
Truck Crash Closes I-395 Lanes — A truck crash on southbound I-395 today closed as many as three lanes during the morning rush hour. [Washington Post, Twitter]
Stepped Up Drunk Driving Enforcement — During the holidays, from Dec. 13-31, Arlington County Police will be increasing DUI patrols as part of the national Drive Sober or Get Pulled Over enforcement campaign. [Arlington County]
Central Place Plaza in Rosslyn will be alive with holiday cheer tomorrow (Thursday) for the Rosslyn Carols! Holiday Concert.
Hosted by the Rosslyn Business Improvement District for the first time at the public plaza at 1800 N. Lynn Street, the event will include a lunchtime concert, then in the evening a DJ, games and food and drink.
Pancho Villa Mexican Cuisine has apparently closed in Rosslyn.
The restaurant at 1850 Fort Myer Drive opened last year in the former home to the short-lived Secret Chopsticks restaurant. It is across the intersection from Arlington Temple United Methodist Church.
Planning for Transportation Changes in Rosslyn — “Local officials are now partnering with developers to make more improvements to help convince the next big corporate tenant to pick Rosslyn.” [Bisnow]
Teavana to Remain Open — Set to close next year, the Teavana store at Pentagon City mall is now expected to remain open thanks to a judge’s ruling against parent company Starbucks. [Washington Business Journal]
