News

Arlington has become one of the safest places in America, with its low mortality rates from traffic accidents and homicides attributed to its transformation into a dense, walkable urban environment after the arrival of the Metro subway system in 1977. This evolution, combined with strategic and intentional economic development...

When CoStar Group was searching for its new headquarters in 2022, Central Place Tower at 1201 Wilson Blvd. in Arlington County, with its impressive accompanying bird’s-eye views, captured the company’s attention.

Arlington Economic Development (AED) is celebrating a series of recent accolades that highlight the success and impact of the Arlington Innovation Fund (AIF), a strategic initiative aimed at fostering entrepreneurship and supporting local startups. This recognition is a testament to Arlington’s commitment to innovation and its thriving entrepreneurial ecosystem.

Venture Global LNG’s purchase of Potomac Tower marks one of the most substantial non-portfolio office deals in the D.C. metropolitan area over the past year, highlighting the strategic importance of Arlington to our entire region. The company’s purchasing decision reflects a deep commitment to Arlington as the ideal location for its headquarters.

Arlington Economic Development has been honored with the Gold Award in the 2024 Excellence in Economic Development Awards from the International Economic Development Council (IEDC). This award, presented in the Entrepreneurial and Small Business Development Excellence category for communities with populations between 200,000 and 500,000, recognizes the impact of the Arlington Innovation Fund.

In alignment with the spirit of Economic Development Week and in honor of this occasion, Arlington Economic Development (AED) is thrilled to unveil its Economic Development Strategic Plan for 2024–2028. This plan, crafted with input from community members and stakeholders, charts a course for the next five years through five key goals and actionable strategies.

The continued prevalence of remote work and the high office vacancy rate shifted how Arlington Economic Development (AED) approached business investment in 2023. While our team still focused on business attraction and retention, the bread and butter of economic development, we also looked at other ways to boost economic growth and innovation in Arlington.

Arlington’s office market is facing serious challenges, and there are a host of initiatives in the works to help mitigate those challenges. That’s the message from the recent Bisnow “Future of Arlington County” event.

Arlington Economic Development has named Katharine (Kate) Ange as its new Deputy Director, effective September 5, 2023.

Early-stage startup companies hold tremendous promise when it comes to generating innovation and jobs. Capturing this economic impact has become increasingly important to our economic growth strategy given the continued challenges in the office market, a declining number of companies that are currently seeking to relocate and more general reductions to office footprints.