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March 2006 | ||
| Top Stories | ![]() |
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| Arlington Companies in the News | |||
| Real Estate Development | |||
| Tourism | |||
| Small Business News & BizLaunch Events | |||
| Other Events | |||
| Top Stories
Congressman Moran to Host 7th Annual Federal Procurement Conference
On Tuesday, March 14th from 8:00 a.m. to 1:30 p.m., at George Mason University,
Arlington Campus, Congressman Moran will be hosting his 7th Annual Federal
Procurement Conference. This years conference will feature a special focus on how
to market small businesses GSA Schedule and best practices in conducting business
with the Department of Homeland Security. Federal agencies invited to participate in
the conference as exhibitors include the Departments of Defense, Homeland Security,
Commerce, Energy and Interior, State, Labor, GSA, and the Naval Air, Sea, and
Facilities Systems Commands, Air Force, Army and many others. A number of large
prime contractor companies will also participate, to discuss their small business
contracting programs.
Arlington Sister City Association to Host Fundraising Dinner
On March 21, the Arlington Sister City Assoication will host a fundraising dinner at
Taste of Morocco in Clarendon. The cost is $25.00 per person and proceeds go to
support the ASCAs exchange programs. Space is limited and pre-payment is required.
Their first fundraising dinner, last fall at Atlactal Salvadoran restaurant on
Columbia Pike, drew over 100 diners and netted more than $1000 for the association.
ASCA hopes to continue this fundraising effort by partnering with a variety of
Arlington restaurants and exploring a wide range of cuisines over the upcoming year.
Its a great way to mix and mingle, learn about Sister Cities projects, and enjoy the
culinary diversity we have in Arlington. More information
-->.
Register Now! Arlington Real Estate Showcase 2006
Dont miss the most exciting tour of Arlingtons newest and most innovative projects
at the 2006 Arlington Real Estate Showcase and Bus Tour on Friday, May 5, 2006 from
7:30 a.m. 12:00 p.m. at the new Westin Arlington Gateway. Be a part of this
significant event, a must for brokers and developers who work in and around
Arlington. Get the inside scoop on all the newest projects in Arlington, plus
advance notice on whats up and coming in the next year. New in 2006! Plan to attend
the post-tour party in Crystal City, sponsored by Charles E. Smith. Register
online -->.
March Business Read: |
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| Arlington Companies in the News |
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Watson Wyatt Announces Profit Jumps Watson Wyatt Worldwide, Inc. a consulting
firm specializing in human resources, announced that fiscal second-quarter profit
jumped 55%, as demand for its services remained strong. Earnings rose to
$17.2million (41 cents) in the three months ended Dec 31 from $11.1million (34
cents) in the prior-year quarter. Revenue increased 80 percent, to $315.8 million.
Watson Wyatt said sales were driven largely by the acquisition of Europe-based
consulting operations from Watson Wyatt LLP, as well as growth in benefits,
technology, and personnel consulting.
Plateau Systems Expands in Ballston
Plateau Systems signed a 48,000-square-foot lease at 4401 Wilson Boulevard, an under
construction property off Interstate 66 near the Ballston Common Mall. The software
firm signed for two floors in the 250,000-square-foot, Class A office building.
Plateau Systems move from its current headquarters at 671 N. Glebe Road will
represent an 18,638-square-foot expansion for the firm.
Fine Art Restorations Opens in Arlington Fine Art Restorations has opened for
business at Arlington's Williamsburg Shopping Center at 6505 North 29th Street,
Arlington, Virginia 22213. Stephen Kniss and Katarina Gibson are the proprietors.
Kniss and Gibson serve the Metropolitan Washington area with their art restoration
services.
Thomas Sehler Joins Buck Commercial
Buck Commercial announced the addition to their brokerage staff of Thomas J. Sehler
as Associate Broker & Associate Director. Sehler will participate in its senior
management team. We are pleased to have Tommy join our commercial staff, stated
company president, William G. Buck. Buck Commercial offers a full range of
commercial real estate brokerage services and Tommy will be an invaluable addition
to our senior staff. He brings a wealth of knowledge and experience to our growing
firm.
Western Entrance for Ballston Metro Approved The Arlington County Board has
approved a developer's plan to build a dense high-rise condominium and retail
complex in Ballston in exchange for constructing part of a new west entrance to the
Ballston Metro station. Under the plan, JBG Companies will build a 23-story,
237-unit mixed-use development known as The Fairmont at 4420 Fairfax Drive on the
Arlington Gateway site, which consists of office and residential buildings, retail
and the new Westin Hotel. The development is scheduled to open in 2009.
Brookfield Propreties Purchases Office Complex in Arlington Brookfield
Properties Corporation agreed to purchase a 540,000-square-foot office complex in
Arlington for $235.4 million, or nearly $425 per square foot, from Commercial Net
Lease Realty Properties LP. The two-building site is currently the headquarters of
the Transportation Security Administration. Located at 601 and 701 South 12th
Street, the 12-story buildings include a two-story underground parking facility, and
sit within close proximity to the Pentagon and Washington Reagan National Airport.
The towers were developed in 1983 and 1982, respectively, and underwent a
multi-million dollar upgrade when Commercial Net Lease acquired the site in 2003
from MCI/Worldcom for $142.8 million. TSA's lease of the entire property is not
scheduled to expire until 2014.
Interstate Reports Strong Earnings Arlington based Interstate Hotels &
Resorts has reported strong operating results for the fourth quarter and year end
2005. The companys quarterly results exceeded its earnings guidance for the fourth
consecutive quarter. The company reported record full-year 2005 earnings with base
management fees increasing 13.9% and incentive management fees increasing 40.2%,
compared to 2004.
Gap Travel: Emerging Niche Market Involves Around 1 million to 1.5 million Trips
per Year Globally Gap year travel can be divided into three main markets:
Pre-university gaps, career gaps and pre-retirement gaps. Pre-university gaps are
the most common, with students taking a year out after completing secondary school
and before commencing further education. More
information -->.
Buying Power Grows for Over 50 Market Ten thousand boomers a day turn fifty,
and recent research shows they dont slow down their spending habits much as they
age. As travel continues with this group, hotel and restaurant amenities focusing on
this demographic can pay off big. More
information -->.
What's Hot in Hotel Technology Get a new list of dos and donts to guide
your decision making when outfitting hotel rooms with the right plugs and amenities.
View the
checklist -->.
BizLaunch Events Visit the BizLaunch Web site to see all events
in
March
and
April sponsored by BizLaunch partners. Events are free,
unless otherwise noted. For more information on BizLaunch program, visit
the BizLaunch Web site.
Everything You Wanted to Know About Franchising But Were Too Afraid to Ask
BizLaunch Bootcamp for Entrepreneurs
Starting a Business in Arlington County
Overview of SBAs Programs and Services
The Internal Revenue Service (IRS) and Your Small Business
Save the Date!!!! Access to Business Success
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