Washington Business Journal
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Tim Kaine: D.C. area’s morning commute may be Achilles heel in Amazon HQ2 bid
U.S. Sen. Tim Kaine cites the Washington region’s congested commute as its biggest weakness in a potential bid for Amazon HQ2. The Virginia Democrat, who is running for re-election, believes that the region’s transportation issues,…
2 hours ago -
Reston contractor to launch new AI tool to ease tasks that bog agencies down
Key story highlights: NCI Inc. is pushing to bring more artificial intelligence to government customers to help them boost efficiency and save money. The Reston contractor is starting to sell Shai, or Scaling Humans with…
3 hours ago -
Booz Allen opens innovation hub in Annapolis Junction to help attract, retain talent
Booz Allen Hamilton has opened a new 15,000-square-foot innovation hub in its Annapolis Junction offices, designed to encourage greater social and professional interaction among the company’s local employees. Jim Allen, executive vice president at Booz…
12 hours ago -
Exclusive: Monument Realty plans $100M apartment tower in Baltimore’s Harbor East
Some call it Harbor East. Others may call it Little Italy. What can’t be disputed is that this stretch of Fleet Street in Baltimore is a hot spot for development. A new 350-unit apartment tower…
12 hours ago -
Wawa is coming to Georgetown. Bid farewell soon to Restoration Hardware.
Georgetown residents will either love this or absolutely hate this: The District has issued Wawa a permit to build out its Wisconsin Avenue store. The Pennsylvania-based convenience store chain, which has one D.C. store open…
15 hours ago -
Old Town’s Tavern Square complex has been sold, and there’s still no Taco Bell Cantina lease
A joint venture of funds managed by Westport Capital Partners LLC and affiliates of Galaxy Investments LLC has acquired Tavern Square, a 171,008-square-foot development in Old Town Alexandria that’s supposed to house the region’s first…
15 hours ago -
LaSalle Hotel Trust affirms Blackstone deal, rejects Pebblebrook again
Bethesda-based LaSalle Hotel Properties (NYSE: LHO) expects its sale to Blackstone to close as soon as August after rejecting a competing offer from Pebblebrook Hotel Trust. The LaSalle board, which received Bethesda-based Pebblebrook’s latest bid…
18 hours ago -
Sheila Johnson added to Trust for the National Mall board
Sheila Johnson, co-founder of Black Entertainment Television and owner of Middleburg-based Salamander Hotels & Resorts, is among four executives named to the Trust for the National Mall’s board of directors. The Trust is a nonprofit…
19 hours ago -
Here’s how Brookfield fits Wegmans into its Reston Crescent project
Key story highlights: Brookfield is expected to bring Wegmans to the 36-acre Reston Crescent site near the Reston Town Center Metro. New renderings, released as part of a Fairfax County staff report, show the Reston…
19 hours ago -
Fight over tipped wage in D.C. enters home stretch. Here’s what you need to know.
When you head to the polls in the District on Tuesday, Initiative 77 will be on the primary ballot. It’s a proposed measure to scrap D.C.’s tipped-wage system. Have questions? Here’s your primer: What does…
22 hours ago -
The feds are finally getting serious about blockchain technology
Key story highlights: Fiscal 2018 contract spending for blockchain technology is expected to surpass the prior year and it’s appearing more in solicitations, according to a new analysis. Blockchain has the potential to bring security,…
3 days ago -
Clark Enterprises seeking buyers for its Bethesda HQ building
Clark Enterprises is weighing the sale of its iconic headquarters building in downtown Bethesda, part of a larger wind-down of its D.C.-area real estate following the death of founder Jim Clark in 2015. Cushman &…
3 days ago -
How Under Armour is supporting Pride Month
Expect to see a lot of Under Armour Inc. gear if you’re going to the Baltimore Pride Parade on Saturday. The Baltmore sportswear maker is a gold sponsor for the parade, which celebrates the lesbian,…
3 days ago -
Here’s who won the right to buy the historic Royal Street bus garage in Alexandria
Trammell Crow Residential has won the competition to buy the 2-acre site of the Royal Street Bus Garage in Alexandria. There’s no word yet on what the Dallas-based developer will build there, except that it…
4 days ago -
Yes, Ovechkin shaved his beard. This Ohio company persuaded him to.
Procter & Gamble Co. persuaded hockey superstar Alex Ovechkin to shave his playoff beard as part of an advertising campaign for Gillette razors after the Washington Capitals won the Stanley Cup. The Cincinnati-based maker of…
4 days ago
