New record set with $7.9M Chevy Chase condo sale

Looking for an indicator of how much Washington's high-end housing market has recovered since the recession? Look no further than the Parc Somerset condominiums in Chevy Chase.

Wednesday - 01/16/2013, 05:57pm EST

Fairfax Co. Chamber backs McDonnell's transportation funding bill

The Fairfax County Chamber of Commerce has tossed its support to Gov. Bob McDonnell's transportation funding plan, the largest organization in the Washington area so far to back the controversial proposal.

Wednesday - 01/16/2013, 02:24pm EST

Steve Case's prediction for D.C.'s 2013 venture haul: $1.1 billion

Steve Case's Revolution LLC is predicting the D.C. region will raise about $1.1 billion in venture cash this year, an aggressive forecast that would outpace the VC totals of recent years.

Wednesday - 01/16/2013, 09:02am EST

Adventist HealthCare negotiating to sell 40 acres in Clarksburg

A deal is being negotiated by Adventist HealthCare to sell 40 acres in Clarksburg that it once envisioned as a hospital and medical campus.

Wednesday - 01/16/2013, 06:05am EST

Montgomery Co. sues Fannie Mae, Freddie Mac for back taxes

Montgomery County officials are suing Fannie Mae and Freddie Mac for at least $75,000 in unpaid Maryland property transfer taxes.

Wednesday - 01/09/2013, 07:16am EST

Grover Norquist lobbies against Bob McDonnell's roads plan

Grover Norquist has joined the fight against Virginia Gov. Bob McDonnell's transportation plan.

Wednesday - 01/09/2013, 07:14am EST

Comstock plans apartments, townhomes at Shady Grove

Washington-based homebuilder Comstock Holding Cos. Inc. will break ground on a residential development adjacent to the Shady Grove Metro Station this spring.

Tuesday - 01/08/2013, 03:58pm EST

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
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