Washington Business Journal

D.C. hotel room rates stagnant 5 years running

The more than 27,000 hotel rooms in D.C. are occupied more often than not, but for some reason or, more likely, for a number of reasons the hotels themselves aren't benefiting in terms of revenue.

Tuesday - 01/08/2013, 02:00pm EST

Washington-area condo market poised for growth

Washington-area condominium sales picked up in 2012, and sales are likely to accelerate in 2013, according to a report from real estate firm Delta Associates.

Monday - 01/07/2013, 02:36pm EST

Amtrak boosts D.C. to NYC Acela service

Amtrak is adding a late-evening Acela Express run between New York and Washington, boosting weekday Acela service between the two cities to 16.

Monday - 01/07/2013, 12:21pm EST

Pentagon City mall is shifting toward higher-end brands

Arlington's Fashion Centre at Pentagon City is shifting its focused toward attracting higher-end retailers.

Monday - 01/07/2013, 06:50am EST

Fairfax County fighting for FBI headquarters

Officials in Fairfax County are pushing to house the FBI headquarters on a site in Springfield that currently houses large, federally owned storage warehouses well past their prime.

Monday - 01/07/2013, 06:49am EST

CityCenterDC opens condo sales starting at $500K

The developers of CityCenterDC in downtown Washington have begun marketing the project's for-sale residential units, at prices ranging from $500,000 to $3.5 million, in what could be a telling indicator how interested buyers view the massive mixed-use development.

Wednesday - 01/02/2013, 02:04pm EST

Lowe's to join Costco at D.C.'s Shops at Dakota Crossing

Fort Lincoln New Town Corp. has locked in a Lowe's home improvement store for the anchor slot at its Shops at Dakota Crossing that Target was once going to take.

Tuesday - 01/01/2013, 01:45am EST

Vornado Realty Trust to unveil Georgetown bowling alley plans

Georgetown residents will get an inside peak Jan. 2 at plans for a new entertainment-themed bowling alley at the Shops at Georgetown Park, the latest of several planned additions to the aging mall being reinvented by Vornado Realty Trust.

Monday - 12/31/2012, 10:37am EST

Pepco's smart meter installation behind schedule

Pepco will not meet its target for the end of 2012 for completing installation of smart meters in Maryland.

Thursday - 12/27/2012, 05:02am EST

Stores change online prices based on shoppers' locations

The Wall Street Journal reports that retailers like Staples adjust online prices based on a customer's distance from a store and a company's competitors.

Monday - 12/24/2012, 11:38am EST

BRAC losses continue to mount in Northern Virginia

Office vacancy rates in Northern Virginia spiked significantly in the past year as the military's 2005 base realignment and closure plan bore down on the region.

Thursday - 12/20/2012, 05:19pm EST

Zillow: Total D.C. home values expected to rise more than $40B

Home values are expected to rise by more than $40 billion in the greater Washington area in 2012, part of the largest nationwide increase in values since 2005, according to Zillow Real Estate Market Reports.

Thursday - 12/20/2012, 10:55am EST

BWI/Marshall gets OK to waive fees for airlines adding new routes

The Maryland Board of Public Works unanimously approved Wednesday a deal that would allow BWI/Marshall Airport to waive fees, a move designed to encourage new routes to and from the airport.

Thursday - 12/20/2012, 02:00am EST

Barnes & Noble pulls up stakes in Reston

Barnes & Noble Inc., which has been attempting to negotiate a lease renewal in Reston for more than a year, has decided to pull up stakes and leave the area.

Thursday - 12/20/2012, 01:01am EST

Inova greenlights $23M ER expansion in Mount Vernon

Inova Health System trustees have approved a $23 million addition to Inova Mount Vernon Hospital.

Wednesday - 12/19/2012, 10:16am EST

Mike Isabella lending out Graffiato once a month

Tuesday - 12/18/2012, 01:00am EST

Suburban Hospital taps Johns Hopkins physician as new president

Dr. Gene Green, a senior executive within Johns Hopkins Medicine's doctors group, has been appointed president of Suburban Hospital in Bethesda.

Monday - 12/17/2012, 03:11pm EST

Costco special exception hearings scheduled for March

Montgomery County's Office of Zoning and Administrative Hearings will review Costco's new special exception application for its proposed Wheaton gas station in March.

Thursday - 12/13/2012, 03:20am EST

Sala Thai restaurant to open at Rhode Island Row in D.C.

Sala Thai plans to open its fifth restaurant at Rhode Island Row.

Wednesday - 12/12/2012, 10:17am EST

D.C. Chamber of Commerce castigates Marion Barry

As promised, the D.C. Chamber of Commerce has responded to D.C. Councilman Marion Barry's caustic criticism of the organization and its leader, CEO Barbara Lang.

Wednesday - 12/12/2012, 03:11am EST

Vornado's staggering place in Arlington's economy detailed

Vornado Realty Trust's position as Arlington's most valuable tenant and principal taxpayer is secure, if not flat out unheard of in the Washington region.

Tuesday - 12/11/2012, 11:50am EST

Southern Maryland Hospital Center acquired by MedStar

MedStar Health has completed its acquisition of Southern Maryland Hospital Center in Clinton, adding its 10th hospital and important territory in the emerging fight for control of Maryland's health care market.

Tuesday - 12/11/2012, 10:25am EST

Yes! Organic Market in Southeast to remain open under new name

Gary Cha, owner of the local chain of Yes! Organic Market stores, will continue selling groceries on Pennsylvania Avenue east of the Anacostia River, but he will take the word "organic" out of the store's name.

Monday - 12/10/2012, 05:36am EST

Arlington proposes tax cut to lure advertising firms

Arlington County is proposing to erase its tax on media buy receipts, having realized the chances are nil of landing a new advertising firm, or keeping its existing ones, if it maintains the levy.

Wednesday - 12/05/2012, 05:04pm EST

Kaiser Permanente, Sibley Memorial ink baby delivery deal

Kaiser Permanente has struck a deal with Sibley Memorial Hospital in Northwest D.C. to admit Kaiser- insured mothers for labor, delivery and newborn care services, officials said. As part of the deal, more than 80 Kaiser doctors will have admissions privileges at Sibley.

Wednesday - 12/05/2012, 03:22pm EST

Citigroup cuts hit Manassas, Glen Burnie

Citigroup Inc.'s Wednesday announcement of 11,000 job cuts will have only minimal impact on the Washington region.

Wednesday - 12/05/2012, 01:02pm EST

D.C. eyes new jail as part of 'Justice Center Campus'

The District is weighing the development of a consolidated public safety campus that would house a new jail and police and fire training facilities.

Tuesday - 12/04/2012, 06:01pm EST

Loews Hotels & Resorts buys D.C.'s Madison Hotel

Loews Hotels & Resorts, will enter the Washington market with the purchase of the 356-room Madison Hotel in Northwest.

Monday - 12/03/2012, 04:24pm EST

Fairfax supervisors to set rules for new Tysons road funds

The Fairfax County Board of Supervisors on Tuesday is expected to adopt the rulebook that will guide the collection of hundreds of millions of dollars for Tysons road improvements.

Monday - 12/03/2012, 02:59pm EST
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