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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.
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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.
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Arlington County officials say nothing has changed with Amazon's plans for National Landing, but the area could benefit from future Amazon job growth.
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The South Arlington building traded for 11% less than its previous sale in 2011.
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Arlington Partnership for Affordable Housing says it expects to break ground by the end of 2023 and deliver Dominion Square in 2027.
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Arlington is one of the most sought-after and priciest markets in the country, and as its development continues, tackling affordability is crucial.
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Hoskins' appointment comes after a nationwide search to replace Jerry Gordon, who led the Fairfax County Economic Development Authority for over three decades.
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The EPA is planning to consolidate employees at its Pennsylvania Avenue headquarters and vacate a Potomac Yard office building.
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JBG Smith acquired the Inn of Rosslyn and two apartment properties from the Green family, which also sold it the Americana Hotel last month.
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A Mack-Cali subsidiary filed plans for 798 units across four buildings near the Crystal City Metro station.
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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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