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Virginia firm to build $200M White House ballroom co-funded by Trump
The White House announced Thursday that it would add a $200 million, 90,000-square-foot ballroom to the people's mansion — with McLean's Clark Construction leading the building team.
NTSB finds Army chopper in fatal midair crash with plane was above altitude limit
Investigators probing the January midair collision of a passenger plane and an Army helicopter over Washington that killed 67 people found the chopper was flying higher than it should have been and its altitude readings were inaccurate. The details came out of the first day of National Transportation Safety Board hearings in Washington, where investigators aim to uncover […]
Savills announces new D.C.-region leaders
Amy Kaufman Brendler and Jon Glass have been appointed executive vice presidents and co-leads of commercial real estate brokerage Savills’ Washington, D.C., region, which includes the McLean office, the company announced Monday. Tom Fulcher, who was named mid-Atlantic region lead for Savills in 2021, will be stepping back from his regional leadership role, according to […]
Waymo plans to bring its driverless taxis to Washington in 2026
Waymo on Tuesday added Washington to its pioneering robotaxi service’s steadily expanding list of U.S. markets, although passengers will have to wait until next year until they can take a driverless ride around the nation’s capital city. For now, Waymo’s robotaxis will continue to map Washington’s streets and corridors with a safety driver sitting behind the […]
Close calls at Washington DC airport raise questions about why changes weren’t made before crash
WASHINGTON (AP) — While Congress pushed ahead last year with adding 10 new daily flights to Washington, D.C.‘s Reagan National Airport, many looked past concerns about dangers in the congested skies over the nation’s capital. Squeezing in more flights would only increase the risks, said Virginia’s two senators, who called a near miss between two […]
NoVa residents feel pressure to pay high rent, mortgages
A spring survey showed more than half of residents polled in the greater Washington, D.C., area are concerned with making rent or mortgage payments in 2023, highlighting the lack of affordable housing in the nation’s fourth largest metropolitan area. Fifty-two percent of D.C., Maryland and Virginia residents polled by Gallup and the nonprofit Greater Washington […]
Grant Thornton taps new D.C. market managing principal
William “Bill” Marx Jr. is Grant Thornton’s new market managing principal for the Washington, D.C., area, the Chicago-based U.S. arm of the global accounting firm network announced Wednesday. Marx succeeds Greg Wallig, who was the company’s metro D.C.-Arlington County market managing principal and added the role of public policy head in June 2023. Wallig left […]
KPMG names D.C. area managing partner
Patrick Ryan has been named managing partner of Big Four accounting firm KPMG’s Washington, D.C.-area office, the company announced Thursday. In the role, Ryan will oversee more than 3,000 employees and also will be the firm’s U.S. federal business leader and sector leader. He succeeds Tim Gillis, who is retiring Sept. 30 after 26 years […]
Virginia’s fundamentals remain strong after unsuccessful arena competition
As Virginia celebrates Economic Development Week, there is no better time to recognize that when it comes to success in economic development, fundamentals matter most. Incentives, public sector support, personal connections and various intangibles — like, say, letting a CEO pick his favorite Grateful Dead concert to play during a recruitment dinner — can undoubtedly […]
Under new management
Washington Commanders fans did everything but sing “Ding-Dong! The Witch Is Dead” during the team’s Sept. 10 season opening game. It felt like a new day as the NFL team came away with a win against the Arizona Cardinals. FedEx Field was sold out, and the stands were packed with local fans instead of supporters […]
Transportation 2023: RANDY CLARKE
In July 2022, Clarke joined WMATA, the Washington, D.C., regional public transit system, which manages the Metro subway system and Metrobus. He took leadership of WMATA when it was struggling with lingering low ridership from the pandemic and the removal of 60% of its railcars due to a wheel defect. Things have picked up somewhat. […]
Finance | Insurance 2023: EVELYN LEE
Lee has worked in banking for more than 23 years, and she couldn’t be happier to have found her place overseeing the Greater Washington, D.C., region at Truist. “I wanted to be financially independent, and I wanted variety,” she says. “Every day is different, and I work with people I admire and learn from.” A […]
