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August 2020

Jul 29, 2020

Commercial real estate firms

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Busch Gardens Williamsburg remained closed in mid-July, the height of tourism season. Park President Kevin Lembke says COVID-19-driven state limitations on attendance don’t make it financially feasible to open the amusement park. Photo by Caroline Martin
Jul 29, 2020

(Re)open season

RELATED STORY: Busch Gardens set to reopen Aug. 6. Reclining against the Williamsburg greenery, the 180-foot-tall steel serpent awaits anyone brave enough to test their mettle against it. Measuring 3,300 feet in length and boasting a top speed of 73 miles per hour, it shares the name of a Roman temple dedicated to the gods: [&he[...]

McLean-based Chain Bridge Bank says it “acted properly” in its dealings with California-based Blue Flame Medical. Photo by Will Schermerhorn
Jul 29, 2020

California PPE supplier sues Chain Bridge Bank

A California medical supply company is suing McLean-based Chain Bridge Bank, alleging the bank was responsible for destroying the company’s reputation and making it lose a $600 million state contract for personal protective equipment. In the lawsuit, Blue Flame Medical claims that Chain Bridge Bank told California officials th[...]

Kastle Systems CEO Haniel Lynn (L) and Jennifer Burns with Monday Properties LLC practice social distancing at Arlington’s 1812 N. Moore St. building, where Kastle Systems has implemented a COVID-19 prevention system. Photo by Stephen Gosling
Jul 29, 2020

The new normal

For those returning to the office after months of working remotely, the novel coronavirus has turned the workplace into a potential microbial minefield. What danger lurks on the surface of the break room table? What invisible pathogens spread silently through the vents of the HVAC system? And what of the frequently used door han[...]

Virginia Credit Union’s attempt to add the Medical Society of Virginia’s 10,000 members is being disputed by the Virginia Bankers Association and seven community banks. Photo by Rick DeBerry
Jul 29, 2020

Blurred lines?

The battle between banks and credit unions is flaring up again and it could wind up before the Supreme Court of Virginia. Bankers say nonprofit credit unions are morphing into roles that look like traditional banks, becoming larger than many community banks while facing lighter tax and regulatory burdens, giving the credit union[...]

Arlington's leaders are seeking to make economic change equitable, says Libby Garvey, chair of the Arlington County Board of Supervisors. Photo by Stephen Gosling
Jul 29, 2020

The mouse that roars

Arlington County encompasses an area of just 26 square miles, making it geographically the smallest self-governing county in America. But in many ways, it is the mouse that roars. In November 2018, Arlington snagged the biggest economic prize in Virginia — and possibly U.S. — history when Amazon.com Inc. announced it would b[...]

Bernie Niemeier. Photo by Caroline Martin.
Jul 29, 2020

What’s normal?

When things get back to normal. How many times have you heard that? How many times have you said that? What’s normal? Sometimes there’s a qualifier, like what’s the “new” normal? Who knows? If you think you do, wait and see. It’s not just the normalcy that is intoned by such nostalgic statements, it’s the […[...]

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