Arlington Names New Head Of Economic Development
Telly Tucker, the economic development head for Danville, Virginia, plans to begin his role as Arlington Economic Development director Jan. 13.
Telly Tucker, the economic development head for Danville, Virginia, plans to begin his role as Arlington Economic Development director Jan. 13.
Office rents in the National Landing area have increased 18.6% over the 12 months since Amazon's announcement, according to JLL.
The Arlington County Board passed new measures this week aimed at assisting renters impacted by the coronavirus and the economic crisis.
Arlington Economic Development's Telly Tucker, Rosslyn BID's Mary-Claire Burick and Monday Properties' Jennifer Burns discussed the area's reopening process.
Caruthers Cos., which sold a massive Alexandria multifamily property this week, also bought an Arlington apartment building earlier this month.
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The project is Greystar's second large multifamily development in the works in Arlington's Courthouse neighborhood.
Merion Group plans to demolish 14 garden-style apartment buildings on Columbia Pike and develop two six-story buildings totaling 400 units.
The developer received a roughly $70M loan from PNC Bank to finance the Modera Kirkwood project, which it expects to deliver in 2023.
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