Washington Business Journal
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Business News
Potomac Mills adds restaurant plaza
Bobby's Burger Palace and Cheesecake Factory will open freestanding restaurants at Potomac Mills.
University Town Center site to be auctioned
The Towers at University Town Center are set to be sold at a foreclosure auction Tuesday afternoon as financial troubles continue to loom over the 100-acre mixed-use project in Hyattsville.
Anne Corbett to leave CulturalDC
Anne Corbett, who helped create the arts organization now known as CulturalDC, is leaving her position as executive director to pursue a job outside the industry
Nike planning half marathon in D.C.
Another road race is apparently coming to the District, this time courtesy of worldwide athletic apparel giant Nike Inc.
National Museum of American History lands new director
The Smithsonian Institution has named John Gray, founding president of the Autry National Center of the American West, to lead the National Museum of American History.
Progress on D.C. United pact and stadium?
D.C. United has yet to announce a pact with new investors or unveil a new stadium plan, but recent comments from club president Kevin Payne point to progress on both fronts.
H Street businesses get $85,000 in grants
The District awarded $85,000 in city grants last week to four businesses on H Street Northeast as part of a program intended to stimulate small business development and expansion while creating jobs for residents along the retail and entertainment strip.
D.C. Council kills furlough repayment plan
D.C. Council members on Tuesday killed Mayor Vincent Gray and Chairman Kwame Brown's furlough repayment plan, which would have repaid city workers for furlough days they were forced to take last year.
Lenders pay $10.7M for Poplar Point site
Lenders bought back a 4.5-acre development site in Anacostia for $10.7 million after its owners defaulted on a loan they took out to redevelop the property.
Maryland says Holy Cross must wait to build new hospital
The Maryland Health Care Commission says Holy Cross Hospital must stop construction of its planned $202 million hospital in Germantown until at least May 31, a decision hospital officials say will cost them money.
National Institutes of Health downsizing with Bethesda lease
The National Institutes of Health is shedding about 57,600 square feet in Bethesda as part of a lease renewal brokered by the General Services Administration.
D.C. poised to pay workers for 4 furlough days
The D.C. Council on Tuesday is expected to approve a $22 million version of a $20 million plan it unanimously rejected two weeks ago to repay District workers for furlough days they were forced to take last year.
Fairfax and Arlington companies among Va.'s fastest growing
Integrity Management Consulting Inc. of McLean, Agilex Technologies Inc. of Chantilly and Evoke Research and Consulting LLC of Arlington ranked No. 2, No. 3 and No. 4, respectively, in the Fantastic 50, an annual ranking of the 50 fastest growing companies in the state.
Gaithersburg-based HarVest Bank closed by regulators
Gaithersburg-based HarVest Bank of Maryland was closed by federal regulators Friday evening and its deposits and some of its assets were sold to McLean-based Sonabank.
Marriott extends luxury hotel brand to Caribbean
Marriott International Inc., which noted the strong market in worldwide travel in its most recent earnings report, is extending its luxury hotel brand, JW Marriott Hotels & Resorts, to Santo Domingo, Dominican Republic.
John Fluevog to bring funky shoes to Georgetown
Hip Canadian shoe designer John Fluevog will be bringing his footwear to Georgetown.
Burlington Coat Factory signs Falls Church lease
Seven Corners is about to boast more than great coats.
Joe's Crab Shack heading for Arundel Mills
Joe's Crab Shack continues its expansion into Maryland with plans to open a restaurant next to Arundel Mills Mall.
Holy Cross wants to keep building in Germantown
Holy Cross Hospital is seeking permission to continue building its planned $202 million hospital in Germantown even though regulatory approval of the project was overturned on appeal.
H&M signs lease in Silver Spring
The hip clothing store will take over 18,000 square feet of a former Borders location in The Peterson Cos.' Downtown Silver Spring development.
NBC to sell advertising on Comcast sports channels
A little more than a year after Comcast Corp. completed is acquisition of NBC Universal, the companies have announced that NBC-owned stations will start selling national advertising for four Comcast SportsNets cable channels, including Comcast's Mid-Atlantic network.
More gas stations on Richmond Highway? No thanks
It is no surprise that people who live and work in Fairfax County's Richmond Highway corridor want to see more restaurants, entertainment options, boutique stores and mixed use. But gas stations? Really?
Fairfax Co. positioned to profit from personalized medicine
Fairfax County is comparatively well-positioned to profit from the emerging field of genomics and personalized medicine, but the county needs to do more to meet its needs, said Jerry Gordon, CEO of Fairfax County Economic Development Authority.
Leggett seeks to revive controversial ambulance fee
Montgomery County Executive Isiah Leggett plans to revive a bill that would raise millions of dollars by charging an ambulance fee.
Clara Barton office in downtown D.C. to be museum
The downtown District office of Clara Barton, where she led an effort to trace missing soldiers from the Civil War before she founded the American Red Cross, will soon become a museum.
Conde Nast buys ZipList
Publishing giant Conde Nast has acquired Sterling-based ZipList Inc., an online grocery list and recipe organizing site.
D.C. No. 2 on EPA green building list
D.C. ranks No. 2, behind Los Angeles, on the Environmental Protection Agency's annual list of the 25 cities with the most Energy Star-certified buildings.
Zipcar raises its prices in D.C.
Even with competitors Car2Go and Hertz's On Demand recently coming to the area, Zipcar will raise its prices in D.C. starting this month
Bravo will follow Chef Spike Mendelsohn for new series
After appearing on both "Top Chef" and "Top Chef All-Stars," the Good Stuff Eatery chef will next be profiled in a new Bravo series called "Life After Top Chef."
Owner close to finalizing sale of Capital City Diner
Two months after he suddenly closed the Capital City Diner, owner Matt Ashburn says he is close to finalizing a deal to sell the diner to a group that would keep it in the District.
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