A six-hour, protest-filled hearing ended with the Arlington County Board voting to approve a $23M incentive package for Amazon.
Office rents in the National Landing area have increased 18.6% over the 12 months since Amazon's announcement, according to JLL.
Arlington leaders and developers say they need more affordable housing funding, but Glenn Youngkin's election puts the state's contributions in question.
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.
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.
Thousands of Amazon employees viewing a months-old article about Arlington last week could hint at its HQ2 leanings.
As major tech companies bring thousands of new commuters to Arlington, multifamily buildings are focused on providing tenants better transportation options.
Amazon's donation for the Virginia Square project is part of a larger affordable housing commitment it is making alongside its HQ2 development.
Developers, restaurateurs and brokers say Arlington's lengthy planning process can act as a deterrent for some companies.
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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