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Washington, May 24, 2018

DEVELOPMENT

Santa Clara, California-based Vantage Data Centers broke ground on the first phase of its Northern Virginia campus in Loudoun County ahead of schedule. Plans for the 42-acre site near the intersection of Route 28 and Waxpool Road in Sterling include five buildings over 720,000 square feet, making it one of the largest in the world. Read more at BisNow.

 

HEALTHCARE

Silver Spring-based gastroenterology group Capital Digestive Care LLC plans to create a service hub with the purchase of two properties at 15001 and 15005 Shady Grove Road, part of a 100,000-square-foot medical office complex in Rockville. Read more at The Washington Business Journal.

 

INFRASTRUCTURE

The Crystal City Business Improvement District has completed the feasibility study on its plans to create the CC2DCA pedestrian bridge project that would more directly connects the Virginia Railway Express (VRE) with Union Station and other points in northern Virginia. The BID will now embark on an environmental study as Arlington County begins its Improvement Plan budget, which could ultimately fund the project. Read more at Greater Greater Washington.

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Washington, May 24, 2018

DEVELOPMENT Santa Clara, California-based Vantage Data Centers broke ground on the first phase of its Northern Virginia campus in Loudoun County ahead of schedule. Plans for the 42-acre site near the intersection of Route 28 and Waxpool Road in Sterling include five...

Washington, May 22, 2018

HOSPITALITY The District of Columbia will vote on Initiative 77 on June 19, which will determine whether servers at restaurants are entitled to earn the minimum wage raise of $12.50. The organization Restaurant Opportunities Center United is spearheading the campaign...

CEO Report Washington, D.C. Announces the 2018 Velocity Growth Award Winners

CEO Report is pleased to announce the Washington, D.C. 2018 Velocity Growth Award winners. The Velocity Growth Awards are CEO Report’s most prestigious awards program of the year, honoring the region’s fastest growing companies. Their determination, dedication and...

Washington, May 17, 2018

TECHNOLOGY Food delivering robots in DC, crafted by Starship Technologies, will expand its current business fleet to accommodate for more sectors in the region.  DC Councilmembers approved of Starship’s expansion for larger production of their delivery system, which...

In Case You Missed Them

Washington, May 3, 2018

ACQUISITIONS NY-based Annaly Capital Management plans to purchase of real estate investment trust MTGE Investment Corp. for $900 million in cash and stock. The Bethesda-based REIT’s portfolio consists of $6.6 million in assets as of Dec. 31. Read more at the Baltimore...

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Washington, April 11, 2018

TRANSIT With The construction of the Purple Line, a slew of other companies will follow WeWork into suburban Maryland, spurring development along the corridor from New Carrollton to Bethesda with 2.6-million-square feet of office construction currently under way. Read...

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Washington, April 9, 2018

ENERGY D.C. accounts for more than four-percent of the nation’s solar energy capacity, which is now at more than 53 gigawatts, according to a new report release by Environment America. Read more at Washington DC Patch.   TOURISM Frontier Development & Hospitality...

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Washington, April 5, 2018

ENERGY The $4.5 billion merger of AtlastGas Ltd. And WGL Holdings, Inc., the parent company of Washington Gas, was approved by the Maryland Public Service Commission today. Read more at City Biz List.   STARTUPS George Washington University’s Office of Innovation and...

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