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For many business experts and corporate heads the only asset that the Washington Metro area has going for it is federal contracting. They look at the 3rd largest consumer base, with the highest aggregate education and financial strength of any comparable region, and can’t see past the idea that this is a government only...
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This past week two important economic reports came out showing just how strong of a case is to be made about the future downtown of Tysons. While the visual characteristics of Tysons is anything but urban or reflective of traditional commercial business districts, it is economically a clear case of a downtown that is...
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When an area attracts a new company to expand in their region it often has a high upfront cost. Incentives packages, tax cuts, and infrastructure payments made by the jurisdiction are just a few examples of how Northern Virginia has drawn corporate partners. The unemployment rate of 4.4% is testament that some level of incentives are...
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This past week the G20, a body representing the most powerful economies of the world, met to discuss the continued global recession, currency, and the impact of domestic policies on international trade. A lot of diplomatic speeches and intent only agreements were made about what has become common place in Treasuries around the world,...
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Today in Around the Corner New enclosed bus stop comes to Westpark Drive out in front of the future Arbor Row development. Is it a sign that the warm winter might allow Home Properties and Cityline to accelerate the construction schedule for the project? Or perhaps a safety consideration along Westpark Drive at a...
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There has been a lot of political argument surrounding the Transportation Bill proposed by Governor McDonnell currently stalled in the State Legislature. The plan proposes; Removal of the gas tax Raising of the overall state sales tax by 16% to 5.5% Some additional fees, most notably a $100 fee on Alternative Fuel and...
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This past week I sent my delegate, Mark Keam, a partially altered letter crafted by the folks at Coalition For Smarter Growth noting my disappointment with the current proposed transportation plan by Governor McDonnell. Attached is his response and stance on the important legislation at hand for the Commonwealth; — — — Thank you...
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In August we covered a young entrepreneur who, facing a terrible job market coming out of college, decided to take a risk and start brewing craft beer. The small operation is located in Leesburg and uses some innovative techniques to get the highest yield from ingredients they grow directly on site. After a year...
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Yesterday afternoon the Washington Metro region business landscape got a bit of a shaking up as Intelsat, the world’s largest provider of fixed satellite services, announced it would be moving from its currently owned facility near the Van Ness Metro in DC to a new 22-story office tower under construction in Tysons Corner. After...
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If you have had to visit the Kaiser building and had trouble finding it, you aren’t alone. I have a good vantage point on the confusion every morning and afternoon and see every five minutes a new visitor, eyes down on an undetailed GPS map, slowing down to a crawl in the right lane,...
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We might need to take a breather from the ongoing fight sparked by the Washington Post article this week stating Tysons is the new downtown not DC. Or we could fan the flame by pointing out the dynamics of why Fairfax’s future will be similar to Charlotte while DC will remain relatively traditional in...
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