How Arlington Developers, Officials Aim To Bring Down Its 23% Office Vacancy
Arlington County has one of the highest vacancy rates in the D.C. region, but leaders say efforts are underway to chip away at the issue.
Arlington County has one of the highest vacancy rates in the D.C. region, but leaders say efforts are underway to chip away at the issue.
Arlington County officials say nothing has changed with Amazon's plans for National Landing, but the area could benefit from future Amazon job growth.
The South Arlington building traded for 11% less than its previous sale in 2011.
Arlington Partnership for Affordable Housing says it expects to break ground by the end of 2023 and deliver Dominion Square in 2027.
Arlington is one of the most sought-after and priciest markets in the country, and as its development continues, tackling affordability is crucial.
Hoskins' appointment comes after a nationwide search to replace Jerry Gordon, who led the Fairfax County Economic Development Authority for over three decades.
The EPA is planning to consolidate employees at its Pennsylvania Avenue headquarters and vacate a Potomac Yard office building.
JBG Smith acquired the Inn of Rosslyn and two apartment properties from the Green family, which also sold it the Americana Hotel last month.
A Mack-Cali subsidiary filed plans for 798 units across four buildings near the Crystal City Metro station.
Amazon is expected to be a boon for Arlington's office market, but experts believe other D.C.-area submarkets may not feel a significant impact.
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