Washington Business Journal

Trader Joe's headed to U Street; Harris Teeter could follow

Executives at The JBG Cos. said they plan to open a Trader Joe's grocery store in an apartment building under construction on 14th Street NW, just south of U Street, next year.

Monday - 09/10/2012, 06:24am EDT

Compensation rises in the Washington region in 2012

After remaining virtually flat the previous year, compensation for workers in the Washington region rose 2.1 percent in 2012.

Monday - 09/10/2012, 06:23am EDT

D.C. filming brings out roller skaters

Dozens of D.C. residents strapped on roller skates Sunday for the chance to become an extra in a skating-themed short comedy film shot in Northwest Washington.

Monday - 08/20/2012, 06:53am EDT

D.C.'s Fundrise relies on small investments for new property

D.C.-based website Fundrise, which debuted earlier this month, is allowing District and Virginia residents to buy into 1351 H St. NE, a building that will house a hybrid food and retail market when it opens early next year.

Monday - 08/20/2012, 06:28am EDT

Washington Design Center searching for new home

Washington Design Center vendors, which are the current occupants at 300 D St. SW, are scrambling to find a new home after the building was sold in July for $50 million, the first step toward turning the property into a Bible museum.

Monday - 08/20/2012, 06:16am EDT

Survey: Apartment firms increase staff to meet higher demand

Because of the rising demand in apartment homes, 65 percent of multifamily companies added employees last year, according to a survey by the National Multi Housing Council, based in the District.

Friday - 08/17/2012, 01:34pm EDT

Solicitation for D.C.'s Parcel 42 nets hotel, housing bids

The District's bid to finally redevelop a vacant 17,008-square-foot parcel in Shaw has netted more than a half dozen responses that would seem to run the gamut from affordable housing to a hotel

Wednesday - 08/15/2012, 05:17pm EDT

Pepco to D.C.: Hands off management's compensation

A call to tie Pepco management's compensation to the reliability of the company's power system has earned a predictable response from the utility.

Wednesday - 08/15/2012, 04:00pm EDT

EverFi raises $10M from Jeff Bezos, Eric Schmidt

EverFi Inc., a D.C.-based education technology company, has raised $10 million in a Series B funding round.

Wednesday - 08/15/2012, 09:35am EDT

Delta Air Lines boosts wine offering for transcontinental flights

Delta Air Lines Inc. will soon have a new treat for oenophiles flying cross-country.

Wednesday - 08/15/2012, 02:25am EDT

Tenants seek to buy D.C.'s Onyx apartments

A group of residents at the Onyx on First apartments in D.C.'s Capital Riverfront neighborhood are weighing possible plans to acquire the 266-unit structure under a city law that gives renters the option to submit a competing bid for ownership of their building.

Tuesday - 08/14/2012, 04:20pm EDT

Cuts could delay FAA NextGen program 10 years

A Federal Aviation Administration program that would transform air traffic control and contribute billions of dollars to contractors' coffers could be scaled down and delayed a decade if $1.2 trillion in automatic federal cuts occur as scheduled on Jan. 2, according to a new report.

Tuesday - 08/14/2012, 09:17am EDT

Lansdowne Resort hires Disney chef

Lansdowne Resort has tapped former culinary director and chef for the Disney empire on both coasts Hans Rouillard as its new executive chef.

Tuesday - 08/14/2012, 01:00am EDT

Work to begin on affordable housing near Minnesota Ave. Metro

Located on 5 acres adjacent to the Minnesota Avenue Metro station, Park 7 is slated to include 376 residential units (92 percent affordable to households earning 60 percent or less of the area median income), 20,000 square feet of retail and 255 parking spaces. The remaining residential units will be market rate apartments.

Sunday - 08/12/2012, 08:18pm EDT

Fairfax County to gain nearly 800 jobs

The Fairfax County Economic Development Authority worked with 33 businesses in the second quarter that are expected to add nearly 800 jobs in the county.

Friday - 08/10/2012, 03:30am EDT

Amazon.com to offer textbook rental service

Amazon.com Inc. says it will offer a textbook rental service for college students.

Wednesday - 08/08/2012, 12:30am EDT

Shake Shack coming to the spy museum

Shake Shack, the New York-based burger chain that draws lines of devoted fans each day at its Dupont Circle location, will open next year within the International Spy Museum Complex.

Tuesday - 08/07/2012, 05:02pm EDT

Navy Federal Credit Union to expand call center in Winchester

Vienna-based Navy Federal Credit Union will nearly double the size of its customer call center in Winchester.

Tuesday - 08/07/2012, 11:21am EDT

Pr. George's Co. may pitch for healthly neighborhood funding

Prince George's County is considering pitching the state of Maryland for millions of dollars for a healthly neighborhood program.

Tuesday - 08/07/2012, 06:21am EDT

Huge advertisement for guns coming to downtown D.C.

The District is relatively new to legal firearms, so the billboard soon to be placed on a downtown D.C. apartment building may come as a shock, or perhaps, as a welcome sign.

Monday - 08/06/2012, 03:05pm EDT

Sawbuck Realty raises $3.5M for house-hunting iPhone app

D.C.-based Sawbuck Realty has raised $3.5 million in a Series A funding round led by Revolution Ventures and The JBG Cos. Managing Partner Robert Stewart, money that will support Sawbuck's house-hunting app HomeSnap.

Monday - 08/06/2012, 12:01am EDT

D.C. still waiting on Walmart

Nearly two years after Wal-Mart Stores Inc. announced plans to bring four stores in two years to the District along with at least 1,200 jobs, and then upping the ante a year ago by adding two more stores to the mix, D.C. is still waiting on those stores.

Thursday - 08/02/2012, 06:28am EDT

RagingWire opens new Ashburn data center

Sacramento, Calif.-based RagingWire has opened its second location in Ashburn, a 150,000-square-foot location dubbed "The Bolt.

Thursday - 08/02/2012, 03:40am EDT

MedStar will fund major upgrade at Southern Maryland Hospital

MedStar Health will spend "well over $100 million" over the next five years to upgrade Southern Maryland Hospital Center once its purchase of the 35-year-old facility closes later this year.

Wednesday - 08/01/2012, 05:53pm EDT

Luke's Lobster to open Georgetown location

Luke Holden will open a third Luke's Lobster location at 1211 Potomac St. NW in Georgetown on Aug. 23.

Wednesday - 08/01/2012, 06:23am EDT

Customers complain about Arlington's food truck time limit

Arlington County's 60-minute time limit for food trucks is raising complaints among customers.

Wednesday - 08/01/2012, 06:13am EDT

Carr Properties gets $57M financing for Bethesda project

Carr Properties has lined up $57 million in financing for construction of downtown Bethesda's first new trophy building in a decade.

Tuesday - 07/31/2012, 03:54pm EDT

Companies already seeing fallout from restrained spending

The threat of layoffs is causing some employees of large defense contractors to move on to what they perceive to be more stable industries, said John Jumper, CEO of McLean- based SAIC Inc., in an interview with Washington Business Journal about the impact of pending federal budget cuts.

Monday - 07/30/2012, 10:03pm EDT

Doctor shortage likely to worsen with health law

Health experts say that President Barack Obama's health care law is likely to worsen the country's doctor shortage.

Monday - 07/30/2012, 12:01am EDT
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