Washington Business Journal
The D.C. Council's finance and revenue committee unanimously approved an $11 million tax abatement for the Howard Town Center during a brief mark-up session Thursday afternoon.
Lawmakers in Montgomery County are weighing legislation that would require homeowners with guesthouses to get a license to build the extra space.
One closely watched gauge of housing prices shows median sales prices in the Washington market stalled in September, though prices were still higher than a year ago.
CycleLuv will open its first indoor cycling studio in Leesburg on Dec. 15.
Bart Vandaele, the D.C. chef behind Belga Café who's in the process of opening B Too, says the restaurant won't open on Dec. 12.
Matchbox Food Group will open its third Washington- area location on 14th Street Nov. 30
Capella Hotels and Resorts will open its first U.S. property in Georgetown in January.
Lockheed Martin Corp. CEO Bob Stevens gave additional details about Christopher Kubasik's removal and the company's new transition plan in a conference call, but he said the situation does not plunge the Bethesda-based company into crisis.
Christopher Kubasik, who was to become Lockheed Martin Corp.'s CEO in January, has resigned, effective immediately, after an investigation found he had a personal relationship with a subordinate, the company announced Friday after the markets closed.
The U.S. Patent and Trademark Office says its productivity largely held up when agencies in the Washington area were closed for two days because of Hurricane Sandy.
mazon.com Inc. is now selling wine online at its own site, with Amazon available to ship wine to residents of 12 states and the District.
Following the approval of Question 7 in Maryland that allows an $800 million luxury casino to likely be built at National Harbor, District officials and business have been wondering if they needed to start pursuing a casino of their own.
Despite a $900,000 grant from the District and owner Gary Cha's best efforts to make a profit, Yes! Organic Market — the local chain of small, organic grocery stores — plans to close its store on Pennsylvania Avenue SE.
The District suffered slower growth in wages earned in the second quarter, falling below the national average for the first time in a decade, the D.C. finance office reports.
As Washington begins its recovery from Hurricane Sandy, District-based MRP Realty is preparing to deal with the backlash of another mega-storm that flooded its Washington Harbour complex in Georgetown 19 months ago ago.
Local sports club Vida Fitness will join Forest City Washington's mixed-use development, Twelve12 at The Yards.
Washington Gas is petitioning to raise rates in order to finance a gas line replacement program.
Maryland, Virginia and the District raised a collective $215.7 million in venture funding in the third quarter, slipping from the $245.7 million raised in the same period last year, according to PricewaterhouseCoopers LLP's MoneyTree report.
Mayor Vincent Gray this week appealed directly to his predecessor, Anthony Williams, in support of a proposed capital gains break for technology investment, a month after the D.C. Council kicked the measure over to a tax review panel chaired by the former mayor.
Alexandria officials aggressively promoted the city's waterfront as a possible new location for the gallery.
Former Prince George's County Executive Wayne Curry announced plans on Wednesday to launch a new committee supporting the passage next month of Maryland's expanded gambling plan.
The Montgomery County Council next week will likely approve the first formal White Flint advisory committee after a resolution was introduced on Tuesday.
Metro will miss its Tuesday deadline to have all of its underground tunnels and stations wired for major cellphone carrier.
A study issued Wednesday says an expansion of casino gambling in Maryland will not produce the kind of revenue supporters say it will.
New York and Washington continue to rank as the top real estate investment markets in the U.S., although investment in Washington has slowed, according to Cushman & Wakefield Inc.
Developers are chafing at the Leesburg Town Council's form-based code for the Crescent District redevelopment zone south of the town's historic downtown.
Equity One Inc. has entered into a contract to acquire Westwood Complex, a 22-acre property located in Bethesda.
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