econ.news

05.99

Features

Secretary of Technology Don Upson discusses tech issues with Arlington businesses . . .
Join Secretary of Technology Don Upson for a dynamic event outlining Virginia's technology agenda and discussing issues of major importance to Virginia's technology companies. The dialogue will link Secretary Upson with the leaders of Virginia's most prominent technology companies, for a frank and enlightening discussion about what a state must do to help it's most promising companies grow and prosper in the 21st century. If technology is an issue for your company, you don't want to miss this event. The breakfast is being organized by the Information Technology Association of America, the Arlington Chamber of Commerce, the Arlington County Dept. of Economic Development and the Ballston Partnership. The June 9th breakfast will be held at the Arlington Hilton & Towers, 950 N. Stafford Street, at 7:30 am. Registration is $35. Sponsor tables are available for $500. To register, call the Chamber at 703.525.2400.

Free Y2K preparedness seminar for small businesses set for May 29 . . .
Arlington's Ad Hoc Committee on Y2K preparedness has put together a seminar for small businesses struggling with Y2K issues. Presenters will cover what small businesses must do to be compliant, how to develop a contingency plan and how to access funds the federal government has set aside to lessen the burden for small business. The seminar is perfect for small businesses that have just begun considering Y2K issues. All attendees will receive a Y2K preparedness kit. Presenters include:

SBA
Department of Commerce
Department of Agriculture
Local utility providers

The free seminar is May 29, from 9 a.m. - noon at Arlington's Central Library, and is open to all small businesses. For more information, call Kevin Fannin, 703.228.4652.

DC metro area is the 4th most wired city in U.S. . . .
According to an article in the March 1999 issue of Yahoo! Internet Life, the DC metro area ranks above Boston, Dallas, San Jose, Portland and New York in terms of "wiredness." How wired a city scored was based on things like residential Net use, business Net use, density of networked computers, density of Net businesses and quality of city-related resources online. The rankings, compiled by David Lidsky can be found at http://www.zdnet.com/yil/content/mag/9903/cities.html

Development News

Developer announces plans for Sears site . . .
Chicago-based McCaffery has purchased the former Sears site in Clarendon. A contract for the sale was signed March 29. The developer will put forth the proposal to the County in June.

Demolition makes way for Courthouse Tower . . .
The wrecking ball has been busy at 1515 N Courthouse Road where The Holladay Group is erecting the 12-story, 248,000 SF Courthouse Tower office building. Marty Almquist with Grubb & Ellis, the leasing agent, reports that occupancy is planned for September 2000. The building also will include about 14,000 SF of retail space.

Smart Building may expand . . .
The owners of 1801 N. Lynn Street have put forth a proposal that would amend the site plan by adding two floors of office space and one floor of parking to the project. Also part of the plan is the upgrade of street-level retail of International Place, adjacent to the site, and improvement of retail areas along Lynn Street & Wilson Boulevard. The amendment is set for review at the July 10 County Board meeting.

Proposal set forth for Potomac Yard to enter phased development . . .
Commonwealth Atlantic Properties has put forth a proposal to develop the south tract site with approximately 4.4 million SF of space, consisting of two-thirds office/commercial use and one-third residential/hotel use. The proposal is for approximately 2.9 million SF of residential/hotel space, including 800 residential units and 625 hotel rooms. Also proposed is the development of approximately 240,000 SF of office space on the north tract site. The remaining 38 acres of the North Tract site would be dedicated to the County for public park purposes. The County Board should hear this request in late summer.

Clarendon Post Office proposal moves forward . . .
The US Postal Service has proposed a rezoning and site plan approval to develop an approximately 250,000 SF office building on the block bound by Washington, Highland, Hudson and 10th. The project includes more than 59,000 SF dedicated to the Post Office. The project would involve the clustering of several zip code/delivery areas, including Rosslyn, Courthouse and Ballston, in a new Post Office facility. These existing facilities would remain open as retail post offices space.

Smart Spaces

Leases . . .

Site/Building Space Tenant Tenant
Representative
Millcourt
1555 Wilson Blvd
17,621 SF Cyveillance Inc. Casey Veatch
The Irving Group

Approvals . . .

Site/Building Space Developer Details
Quincy Tower
S 28th & S Quincy
250,000 SF Monument Realty 8 story building includes 13,000 SF retail and a seven-level 847-space parking garage

back to News & Data

back issues of econ.news

add/change form