Arlington and other localities around the D.C. region have enough room to add the housing necessary to keep pace with the Amazon-driven population influx expected over the coming years — but actually realizing that potential won’t be easy, regional planners say.
The D.C. region’s largest residential real estate network is putting its heft directly at the feet of would-be workers at Amazon’s future second headquarters.
In 2020, Nick Freshman’s Mothersauce Partners restaurant group will open a new restaurant, bar and coffee shop just a short walk away from where Amazon’s new National Landing offices will be.
Parking prices in parts of Arlington could soon rise and fall based on demand, just like Interstate 66 tolls. In San Francisco, a similar project has apparently cut down traffic from cars looking for spaces, said one Virginia official.
In documents delivered to investors last week, the developer JBG Smith revealed its most detailed plans yet for how it expects to work with the tech giant as it moves its 25,000 workers to the county.
When Amazon starts setting up shop in Crystal City next year, one of its new neighbors will be the March of Dimes. The 80-year-old nonprofit has relocated from its longtime White Plains, New York, headquarters, which it decided last year to sell, to 28,000 square feet of new office space at 1550 Crystal Drive.
Should Washington expect a dramatic acceleration in home price appreciation once Amazon starts marching its army of HQ2 employees into Northern Virginia?
In Amazon’s home of Seattle, housing prices have skyrocketed. But when Amazon moves to Crystal City, Alexandria officials say affordable housing won’t disappear.
Is such a market-driven approach that accepts displacement ethically justifiable? And how do we even measure its costs?
Alexandria leaders reject the notion that Amazon’s move to Northern Virginia will tangle up traffic. “We are focusing on ways to keep people moving in lots of different ways to get people around and we know we’re going to be able to do that,” said Alexandria Director of Transportation and Environmental Services Yon Lambert.
While regional leaders are excited over Amazon bringing a new set of offices to the D.C. area, it does not mean workers will start swarming Crystal City and Pentagon City tomorrow.
On My Take, Clinton Yates thinks that there are other areas that could use the influx of Amazon money other than National Landing, which is more commonly known as Crystal City.
The places that didn’t make the cut are bearing the rejection with a mixture of reflection, disappointment and some optimism. But while they’re missing out on the economic boost — for now — they’ve also dodged having to give away billions of dollars in tax incentives.
With Amazon planning to create 50,000 jobs between it’s two HQ2 locations — Queens, New York, and Crystal City, Virginia — some business owners are excited to the tech giant’s impact on the area.
Amazon’s choice of Northern Virginia for half of its new headquarters will jump-start Crystal City, which is still recovering from Base Realignment and Closure-related office vacancies. And, it’s good business for Crystal City’s dominant commercial real estate owner.
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