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June 2005 | ||
| Top Stories | ![]() |
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| Arlington Companies in the News | |||
| Real Estate Development | |||
| Tourism | |||
| Small Business News & BizLaunch Events | |||
| Other Events | |||
| Top Stories
Serious, But Manageable: Arlington County Responds to BRAC
Announcement On May 13, the Department of Defense (DoD) issued
recommendations to the Base Realignment and Closure (BRAC) Commission that
would relocate nearly 4 million square feet of DoD leased office space
from Arlington to military bases, most located in this region. With nearly
20,000 jobs facing relocation, Arlington is the most affected jurisdiction
in the U.S. Heads Up: Large-Scale Public Safety Exercise at Pentagon On
Wednesday, June 8, 2005 from 10 a.m. – 2 p.m., the Pentagon will host a
large-scale, multi-location exercise in Arlington named Gallant Fox III.
The three primary exercise locations will be at the Pentagon, the Navy
Annex (east end of Columbia Pike) and Jefferson Plaza 1 (1411 Jefferson
Davis Hwy.) This exercise will involve a large number of emergency
vehicles from local fire, police and rescue units. There will also be
practice evacuations from the Pentagon and Jefferson Plaza 1 and role
players and observers wearing yellow and orange armbands. Loud noise
simulation devices (“flash-bangs”) will be used during the exercise. If
you know of family members, friends or co-workers who will be in these
areas next Wednesday, please make sure they are aware of the exercise.
Please do not call 911 unless there is an actual emergency outside of the
exercise. If you have any questions, please call the Arlington County
Information Line at 703-228-3000. Caps Facility to Break Ice with All-Day Celebration The
Washington Capitals, Arlington County and Ballston Common Mall will hold a
June 11 ground-breaking ceremony to celebrate the construction of the
Ballston Ice Skating Facility at the Ballston Common Mall in Arlington,
Va. from 2p.m. to 5p.m. The new complex, which will serve as the Capitals
training facility and a community recreation center, is in the beginning
phases of construction and is expected to open in summer, 2006. The
celebration will include a variety of events and activities, including an
‘ice-breaking’ ceremony featuring team and County officials, an autograph
signing by Capitals alumni, street hockey games and clinics, a VIP
reception at Bailey’s Pub & Grille, mall shopping discounts for fans
and many fun activities for children. The event is open to the public and
is free. Hurricane Season has Arrived! June 1 marked the beginning of the
2005 Atlantic hurricane season, which is expected to bring a higher than
normal number of hurricanes to the East Coast according to hurricane
experts. Even when hurricanes strike other areas of the country, they can
still cause significant property damage and loss of life in our area. To
help you weather the storm, Arlington has created a hurricane
and storm awareness Web page with information on how to be prepared
before and after severe weather strikes.Hurricane season ends Nov. 30. Be
prepared by signing up for Arlington Alert, which sends Arlington-specific
information within seconds to pagers, cell phones, PDAs, e-mail and
BlackBerry devices. It's the best way to receive emergency information
when you need it most. It works even during power outages; during
Hurricane Isabel in 2003, the system was indispensible. There is NO COST
to sign up. Click here
to subscribe. Psst! Get the Inside Scoop! Get a free subscription to Arlington
Insider, the best way to keep up with all the latest news and information
in Arlington. This biweekly e-newsletter is a quick read and features
Arlington news, updates, news clips and tips. More than 5,000
Arlingtonians have signed up to receive Insider and the number grows every
week. What do they know that you don’t? To subscribe, go to the Arlington County Web site,
and click on the “Arlington Insider” Quick Link. |
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| Arlington Companies in the News |
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U.S. Airways Announces Merger with America West In May,
Arlington-based U.S. Airways announced merger plans with Tempe,
Arizona-based America West. While U.S. Airways is still finalizing
specific plans, officials from both airlines have said they'll establish
their new headquarters in Tempe. Arlington officials will be working
closely with U.S. Airways and the Arlington Employment Center to replace
many of the jobs that may depart. Despite the planned headquarters move, a
stronger, combined airline could result in bigger business for U.S.
Airways at Reagan National Airport, where it conducts nearly 350 daily
flights, or about 43 percent of the airport's daily volume. Between April
2004 and March 2005, US Airways served more than 4.5 million passengers
and ranked first in volume at Reagan National. More
information --> AES Profits More than Double Power-plant owner AES reported
sharply higher earnings on rising sales and lower expenses. The company
says first-quarter net income was $133 million, more than double the $48
million in the same quarter a year ago. Sales rose 17 percent to $2.65
billion. AES continued to reduce its debt last quarter, cutting interest
costs by $26 million. AES, which is based in Arlington, benefited from
both higher rates at the utilities it owns and from currency translations.
The company owns or has a stake in power-production businesses in 27
countries. More information --> CACI Names Senior VP for Homeland Security Arlington-based CACI
International, a provider of information technology to the government, has
named Ronald Cournoyer as its senior vice president for homeland security.
Cournoyer previously led CACI's managed network services business
development efforts. His background includes executive and technical
positions with BDM and TRW, as well as a 24-year Air Force career.More
information-->.
Forest City Acquires Ballston Common Office Center Forest City
Enterprises has acquired Ballston Common Office Center, the
176,000-square-foot office structure that sits above the
578,000-square-foot Ballston Commons Mall. The Cleveland-headquartered
real estate firm paid TA Associates Realty $61.5 million or $333 per
square foot for the eight-story, Class A office building. The property is
currently 98% occupied by The Better Business Bureau, IT training and
software consulting group Global Knowledge, and lead tenant US Coast
Guard. Canon USA Inc. Renews Lease at Sequoia Plaza Phase 2 Canon USA
Inc. renewed its 60,500-square-foot lease for 5 years at Sequoia Plaza
Phase 2, located at 2110 Washington Boulevard. Situated at the
intersection of Route 50 and Washington Boulevard, Sequoia Plaza is also
home to Northrop Grumman and Maden Technologies.
RevPAR Increases Continue in April Smith Travel Research statistics
show that in April, 2005 the Washington, D.C. metropolitan area RevPAR
(Revenue Per Available Room) jumped 17.3% over last year. Arlington RevPAR
rates jumped 18.8% in the same period, posting increases of 19.3% in upper
tier hotels, and a 20.7% increase in middle tier hotels. Only the lower
tier showed a slight dip of 0.9%. More information--> Crystal Gateway Marriott Renovations to Be Completed Crystal
Gateway Marriott will soon complete a $3.5 million renovation of its
public space, lobby and restaurants, in mid-June of this year. With these
renovations, the hotel will now provide guests with two restaurants and a
lobby lounge. The more formal dining restaurant, BIN 1700 will be open for
lunch and dinner and will offer a full wine list. For family dining at
breakfast, lunch or dinner, MEZ is a great choice. Hotel officials report
that the hotel’s meeting space is especially attractive to meeting
planners because 90% of space is contained on one level, and is free of
pillars, providing unobstructed views throughout. For more information,
contact Rick McCarten at 703-271-5111. U.S. Air Force Bands to Perform at Annual Concert Series In
June, July, and August, the National Air and Space Society will host the
3rd annual summer noon concert series featuring ensembles from The United
States Air Force Band's eight performing units. The United States Air
Force Band Silver Wings will perform on Wednesday, June 1 from 12:00 -
1:00 p.m. at Gallery 104, West End in the National Air and Space Museum on
the National Mall. Admission is free. More information--> Summer Concert Series at Pentagon Row Pentagon Row and Z104
present the 3rd Annual Rock at the Row Summer Concert Series on Thursday
nights, June 2 - August 4 from 7 - 9 p.m. at the Pentagon Row Plaza. In
the event of rain, concerts will not be rescheduled. Call 703-413-6692 for
more information. Upcoming concerts include Bens Bones on June 9; the
Reflex on June 16; Jokers Wild on June 23 and Fools and Horses on June 30.
Complete
listing-->
BizLaunch Offers On-site SCORE Counseling BizLaunch is once
again offering SCORE business counseling. Each Tuesday of the month
between the hours of 9:00 a.m. and noon, a SCORE counselor will be
available to meet with area entrepreneurs to review business plans,
overview marketing strategies, analyze financials and more. Book your SCORE appointment today or call (703)
228-0808. BizLaunch Events The following events are sponsored by
BizLaunch, Arlington’s Small Business Assistance Network, in June and
July. Events are free, unless otherwise noted. For more information, on
these events and others, visit the BizLaunch Web
site
Third Annual Small Business Expo, June 11 Overview of SBA’s Programs and Services (Finance Workshop) BizLaunch Business Bootcamp in Spanish
Women Changing the World….National Business Women’s
Conference How Customer Loyalty Drives Sales and Profits Blueprint for Success for Small, Women and Minority-Owned
Businesses Women-Owned Small Business Procurement Conference U.S. Senator George Allen to Celebrate General Aviation British-American Business Association Event What does the U.S.-Australia Free Trade Agreement Mean for Your
Company? Inside Track - Don't Just Set Prices: Manage Them
Strategically |
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| For more
information on Arlington Economic Development, including business
development in Arlington, commercial real estate development and tourism,
contact: Arlington Economic Development 1100 North Glebe Road, Suite 1500 Arlington, Virginia 22201 Phone: 703-228-0808 Fax: 703-228-0804 For questions or comments on econ.news, please contact the AED Communications Department |
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