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A six-hour, protest-filled hearing ended with the Arlington County Board voting to approve a $23M incentive package for Amazon.
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Office rents in the National Landing area have increased 18.6% over the 12 months since Amazon's announcement, according to JLL.
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Arlington leaders and developers say they need more affordable housing funding, but Glenn Youngkin's election puts the state's contributions in question.
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New affordable and market-rate apartments in Arlington are filling up quickly as the county looks to build more housing to meet the growing demand.
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The suburb of Washington, D.C., after months of being called the favorite for the project, will now begin preparing for Amazon's arrival in earnest.
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Thousands of Amazon employees viewing a months-old article about Arlington last week could hint at its HQ2 leanings.
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As major tech companies bring thousands of new commuters to Arlington, multifamily buildings are focused on providing tenants better transportation options.
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Amazon's donation for the Virginia Square project is part of a larger affordable housing commitment it is making alongside its HQ2 development.
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Developers, restaurateurs and brokers say Arlington's lengthy planning process can act as a deterrent for some companies.
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The Arlington County Board Saturday unanimously approved Amazon's plans for two 22-story towers with ground-floor retail on the Metropolitan Park site.
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