Airbnb Reg Changes Proposed — The Arlington County Board is considering more updates to its new Airbnb regulations. The Board on Saturday is expected to advertise two potential changes: first, eliminate the loophole that allowed Airbnb hosts to get out of paying hotel taxes if they host fewer than four guests at a time. Second, set a $60 annual fee for the permits required to be an Airbnb (or VRBO, HomeAway, etc.) host in Arlington. [Arlington County, Arlington County]
Letter: Short-Term Rentals Pose Risks — A pair of letter to the editor writers in the Sun Gazette argue that allowing Airbnb and other short-term rental services in Arlington involves major risks to safety and the potential for abuse of affordable housing. [InsideNova]
Meeting to Discuss Proposed VRE Fare Hike — A meeting will be held March 7 in Crystal City to discuss a proposed 3 percent fare hike for Virginia Railway Express. [WTOP]
FBR to Be Acquired — Rosslyn-based investment bank FBR is being acquired by Los Angeles-based B. Riley Financial Inc. for $160.1 million in cash and stock. FBR’s chairman and chief executive will become CEO of the combined company. [InvestmentNews, Washington Business Journal]
Wakefield B-Ball Teams Advance — The Wakefield Warriors boys and girls basketball teams have clinched state tournament berths. [InsideNova]
Flickr pool photo by Erinn Shirley
Four Arlington transportation projects were approved for funding in Fiscal Year 2014 last night by the Northern Virginia Transportation Authority.
The authority approved funding for the Columbia Pike Multimodal Improvement Project, the Crystal City Multimodal Center, four additional ART buses and improvements to the Boundary Channel Drive/I-395 interchange; a total of $18.835 million.
In addition, the NVTA approved $5 million for the design of WMATA traction power improvements on the Orange Line, and $7 million for 10 new buses on Virginia Metrobus routes.
The package approved was the first to be directly allocated funding from the controversial transportation bill, HB 2313, passed by the General Assembly in the spring. About $270 million is estimated to come to Northern Virginia in funding this fiscal year, $190 million of which was available to be allocated by the NVTA.
The other $80 million will be distributed directly to localities. Arlington is projected to receive $11 million in direct funding, which it expects to direct to its Transportation Capital Fund.
The NVTA voted unanimously to approve $116 million in pay-as-you-go funding and more than $93 million in bond funding, pending a bond validation. Of Arlington’s approved projects, only $4.3 million for the Boundary Channel Drive/I-395 interchange will go through the bond process.
The state began collecting funds for the projects July 1 when a series of tax increases and other funding measures took effect. Over the next six years, HB 2313 is expected to raise more than $1.5 billion total for the region and close to $200 million for Arlington alone.
Other projects that were approved for funding that could have an impact for Arlington residents include $838,000 to the Northern Virginia Transportation Commission for the study of transit alternatives on the Route 7 corridor between King Street and Tysons Corner and five new DASH buses in Alexandria.
Two projects that impact Arlington — a $4 million VRE Crystal City platform extension and $5 million for upgrades to interlocking and platform girders at the Reagan National Airport Metro stop — were denied funding by unanimous vote.
One project that did not come up in the discussion was the Columbia Pike Streetcar project. Critics of the streetcar were calling the lack of funding another loss for the controversial project, but Arlington officials did not submit it for consideration.
A flasher has struck at two especially public places around South Arlington today.
First, the man reportedly exposed himself at Pentagon City mall (although it’s not clear whether he was inside or outside the mall). Then, this afternoon, he flashed a VRE train as it rolled by in Crystal City.
The suspect is described as in his 30s or 40s. He was wearing a black shirt, dark jeans and a black baseball hat.