Arlington, Georgetown, JBG Join Forces On Gondola Study

A multi-party partnership is studying the feasibility of the proposed gondola that will run from Rosslyn to Georgetown, and the Arlington County Board is considering joining in the effort.

The board will discuss the matter this Thursday, and county manager Mark Schwartz has given his thumbs up to joining, ARLnow reports. By joining the partnership, Arlington County would be on the hook for $40k of the project’s expected $250k cost.

The Georgetown Business Improvement District first proposed the gondola idea as part of the Georgetown 2028 project. JBG, Gould Properties and Vornado—which each have huge developments in the long-term pipeline in Rosslyn—have pledged $5k to $35k each. The Georgetown BID is picking up $75k of the tab.

Proponents of the aerial gondola system, which would run above the Potomac, believe it will ultimately reduce vehicle and pedestrian traffic and potentially drum up some more visitors to Rosslyn. Recently approved redevelopment plans for the Rosslyn-Ballston Corridor could have a hand in that as well, as would liftoff on some of the exciting developments in the pipeline for the area. [ARL]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

D.C.'s Office Market Is Getting A Makeover

Judge Rules FBI Can't Scrap Maryland Headquarters Plan

CGI Merchant Had A-Rod's Backing And A $650M Fund. Then It Bought Trump's D.C. Hotel And It All Fell Apart

Brookfield Offloads 3-Building Silver Spring Office Complex

Student Housing Investor Buys Foggy Bottom Residences: The D.C. Deal Sheet

'We Messed Up With Rent Control': CRE Execs On MoCo's Multifamily Hurdle

New National Geographic Museum Food Hall By Winmar Blends Design With Elevated Dining

Commanders Pick Clark Construction, 2 Others To Build D.C. NFL Stadium

Maryland ICE Facility Construction Can Resume After Court Reinstates Permits

JBG Smith Says Loss Is Improbable From $356M Wardman Tower Ruling

Compass Coffee Says It Lacks Cash For Bankruptcy Plan, Seeks To Toss Case

PRP Buys Downtown Office Building From Tishman Speyer