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Amazon plans Spotsylvania data centers
A game changer. That’s how Spotsylvania Board of Supervisors Chair David Ross describes the annual tax revenue the county could see from data centers, including a slate of proposed Amazon.com facilities that could generate $120 million per year. “You could get rid of personal property tax on cars,” Ross says. “You could [...]
Serving a repurpose
In Alexandria’s Old Town North, a collection of three brick office buildings built in the 1980s is being transformed into Tide Lock, a community of 234 luxury apartments and condominiums featuring Potomac River views and space for retail and a nonprofit music school. And last summer in the city’s Alexandria West neighborho[...]
Steampunk wins pregnancy discrimination lawsuit
A federal jury ruled on Friday that a McLean-based IT federal contractor did not discriminate against a former employee on the basis of pregnancy or retaliate against her. The eight-person jury’s decision was unanimously in favor of Steampunk Holdings and its subsidiary, Steampunk Inc., after a five-day trial in the U.S. Distr[...]
NoVa Forvis partner elected to nonprofit board
Rob Hartnett, a partner at the Tysons location of accountancy firm Forvis, has been elected to the Hedge Fund Association’s board of directors. Hartnett is a tax partner with Forvis’ asset management practice. The nonprofit Hedge Fund Association lobbies to advance transparency, development and trust in investments i[...]
Four Prince William shopping centers sell for $52.8M
A portfolio of four regional shopping centers in Prince William County’s Dale City area has sold for $52.8 million, the joint venture of buyers announced Monday. Located less than 3 miles apart along Dale Boulevard, the 1970s-era shopping centers — Center Plaza, Mapledale Plaza, Forestdale Plaza and Glendale Plaza — t[...]
Low inventory, high interest rates strap Va. housing market
Homebuyers in Virginia are continuing to feel the strain of low inventory and high interest rates. The number of active listings on the market is shrinking, and fewer new listings are coming on the market. Despite a brief uptick in inventory at the beginning the year, about 67% of the state’s counties and cities had [&hell[...]
Bowman Consulting names new Fairfax branch manager
Reston-based Bowman Consulting Group has promoted Brad Glatfelter to manage its Fairfax County branch, the company announced Wednesday. Glatfelter joined the company as a project manager in 2014. As branch manager, he will oversee day-to-day operations, execute strategic business plans, drive utilization goals and maintain re[...]
AREP, partners acquire Ashburn townhome community
CityHouse Ashburn Station, a 200-unit luxury townhome community in Loudoun County, has sold for $120 million. New York-based Rithm Capital, McLean-based American Real Estate Partners and New Jersey-based GreenBarn Investment Group closed the purchase from Dream Finders Homes on Monday. AREP and GreenBarn are co-general partners for the project. Rithm is providing equity capital, in […]
Parsons acquires Md. federal contractor for $200M
Centreville-based Fortune 1000 defense contractor Parsons has acquired Maryland-based contractor Sealing Technologies in a deal valued at $200 million. Parsons announced the deal Wednesday. The acquisition expands Parsons’ customer bases across the Department of Defense’s intelligence community and enhances its capab[...]
Dominion, Dulles solar project to power 37,000 Va. homes
A massive solar project that will soon begin to take shape at Washington Dulles International Airport will not only have the ability to power 37,000 Virginia homes, but will also send a message to travelers about the power of clean energy, officials said Tuesday during a ceremonial groundbreaking for the 835-acre Dulles Solar a[...]
Mitre hires chief information officer
The Mitre Corp., a McLean-based not-for-profit organization that manages federally funded research and development centers, has hired Deborah Youmans as its new chief information officer, it announced Monday. A Virginia Tech graduate who has an MBA from the University of Maryland, Youmans joins Mitre from McLean-based Booz Allen[...]
HII’s Mission Technologies names new chief growth officer
Huntington Ingalls Industries’ McLean-based Mission Technologies division has hired Ahmed Ayad to serve as chief growth officer. Ayad joins the organization from Herndon-based ManTech, where he served as vice president and growth lead for the defense sector since 2019. In his new role, Ayad will be responsible for shaping [...]
