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JBG Smith pledges 1,000 affordable housing units if arena passes
Developer JBG Smith pledged Friday to preserve 1,000 workforce-affordable housing units in Alexandria near the proposed sports arena and entertainment district, up from its previous promise of 500 units — upping the ante on the controversial project, which has one more chance to succeed this year. The $2 billion public-private project championed by Gov. Glenn […]
Va. unions oppose Alexandria arena, but governor sticks by it
The AFL-CIO’s Virginia member unions announced Tuesday that they oppose the proposed Alexandria arena for the Washington Capitols and Wizards teams and a surrounding entertainment district. The $2 billion deal has been promoted by Gov. Glenn Youngkin and some City of Alexandria officials, while receiving significant pushback from key Democratic state lawmakers and some Alexandria […]
Alexandria arena proposal economic impact report released
An economic and fiscal impact analysis released Friday by the Alexandria Economic Development Partnership forecasts that the proposed Washington Capitals and Wizards arena in Alexandria could generate up to $7.96 billion in annual economic output for the state. Additionally, the report says the arena could be completed as soon as 2028 if its construction schedule […]
HII leases space in National Landing
Newport News-based Huntington Ingalls Industries Inc. could soon add its name to a building in Arlington’s National Landing area. The Fortune 500 military shipbuilder has signed an 11.5 year lease with JBG Smith for 36,809 square feet in an 11-story office tower at 2451 Crystal Drive, the Bethesda, Maryland-based real estate firm announced Tuesday. The […]
JBG Smith breaks ground on two mixed-use towers in Arlington
Maryland-based developer JBG Smith Properties announced Tuesday that it had started construction on two mixed-use towers in National Landing. The multifamily towers, located at 2000 and 2001 S. Bell St., will bring 775 rental apartments and nearly 27,000 square feet of retail space to National Landing. “The start of construction at 2000 and 2001 S. […]
What will Amazon HQ2 look like? Arlington planners weigh in.
Arlington County Planning Division’s Site Plan Review Committee will review the layout and architectural design for PenPlace, the proposed second phase of Amazon.com Inc.’s East Coast headquarters, as well as the proposed public space, in its Monday night meeting. Meeting documents show the proposed layout of the Pentagon City site, which puts the would-be 354-feet […]
Arlington intends to extend ground leases for Courthouse Plaza
Arlington County and developer JBG Smith have entered into a letter of intent to restructure three ground leases that JBG Smith holds on government-owned land for a multiplex movie theater at 2100/2200 Clarendon Boulevard and office space at 2300 Clarendon Boulevard. While the county owns the land, JBG Smith owns the buildings. The letter of […]
Amazon reveals Arlington HQ2’s ‘Helix’ centerpiece
Despite lingering questions around when or how remote workers may return to office life following the pandemic, Amazon.com Inc. on Tuesday released fresh plans for the second phase of its $2.5 billion East Coast HQ2 headquarters in Arlington’s National Landing area, where it is gearing up to employ 25,000 people during the next decade. “When […]
Co-working space opens in National Landing
A 39,000-square-foot Hana co-working space in National Landing — the stomping grounds of Amazon.com Inc.’s new East Coast headquarters, HQ2 — has opened, the CBRE Group subsidiary announced Friday. The building, located at 2451 Crystal Drive in Arlington, includes private office suites, conference and event space and co-working space. This is Hana’s third co-working and […]
Demo work to start this month on Innovation Campus property
Demolition and infrastructure work is set to start this month at the Potomac Yard property where the $1 billion Virginia Tech Innovation Campus is set to be built, developer JBG Smith announced Thursday. Virginia Tech and Chevy Chase, Maryland-based real estate investment, management and development company JBG Smith, which is overseeing the 20-acre project in […]
Renovation of Amazon office building completed in Arlington
A newly renovated 14-story office building in National Landing is ready for Amazon.com Inc. employees to move in, developer JBG Smith announced Wednesday. The revamp of the 273,000-square-foot space at 1770 Crystal Drive, which is mostly leased by the e-tail giant, was finished two quarters early and under its $80 million proposed budget as outlined […]
JBG Smith purchases broadband spectrum from FCC
JBG Smith announced Monday it has purchased seven blocks of Citizens Broadband Radio Service (CBRS) spectrum in Arlington County and Alexandria from the Federal Communications Commission, an acquisition that will allow the Bethesda, Maryland-based developer to build a 5G network in the National Landing area, where Amazon.com Inc. is building its HQ2 East Coast headquarters. […]
