While Arlington's economic improvement effort has been heavily involved in development issues recently, we have maintained our objective to fill vacant office spaces
Arlington, Va. (PRWEB) November 12, 2007
Over the next three months, Arlington County, Virginia will become home to several top employers, bringing 4,000 new jobs to the county. Under the leadership and coordination of Arlington Economic Development (AED), private-sector companies BNA and DeticaDFI, as well as publicly traded Corporate Executive Board (Nasdaq: EXBD) will soon call Arlington home. Collectively, the relocations represent three of Arlington's largest employers and over 1,000,000 square feet of Class A office space.
In concert with the relocations, Quarter 4 2007 also marks the opening of the Base Realignment and Closure Commission (BRAC) Transition Center in Crystal City - a new Arlington job growth center - and the Hotel Palomar Arlington in Rosslyn - a new facility to boast in the promotion of Arlington's travel and tourism offerings.
"While Arlington's economic improvement effort has been heavily involved in development issues recently, we have maintained our objective to fill vacant office spaces," said Terry Holzheimer, director of AED. "The county's development team is proud of the significant economic growth that will be happening over the course of the next few months, and we welcome these influential business players to Arlington."
A synopsis of notable office relocations includes the following:
- Last week, BNA - the largest independent publisher of information and analysis products for professionals in law, tax, business and government (http://www.bna.com) - moved from Washington, D.C. to Crystal City. Its 1,000 employees work for one of the top private employers in the county. BNA held an opening party on November 7, where an official "Key to the County" was presented to CEO Paul Wojcik by County Board Chairman Paul Ferguson and County Board member Jay Fisette.
- Another key Arlington private employer, DeticaDFI, relocated from Washington, D.C. to Ballston in late October. They employ 250 people in their work as a consultancy delivering information services, knowledge management and tailored solutions to senior decision makers in the U.S. government. (http://www.deticadfi.com)
- In January 2008, the Corporate Executive Board - a leading provider of best practices research and analysis focusing on corporate strategy, operations and general management issues (http://www.executiveboard.com) - moves from Washington, D.C. into the Waterview building in Rosslyn. Corporate Executive Board's Arlington relocation makes it the largest private-sector employer in the county with 2,500 employees.
Detail on the opening of significant tourism and job growth resource centers includes:
- November 5 marked the opening of the Hotel Palomar Arlington in Rosslyn, a boutique Kimpton property with 154 guest rooms that offers a vibrant energetic décor that matches its neighborhood. http://www.hotelpalomar-arlington.com
- On November 16, the BRAC Transition Center opens in Crystal City, offering counseling, financial and technical assistance to as many as 300 area small businesses and employees affected by BRAC outcomes. Establishment of the Transition Center is a county-wide response to the expected loss of 17,000 jobs and the emptying of some 3 million square feet of office space over the next six years. For more information on the BRAC Transition Center, visit http://www.arlingtonvirginiausa.com.
About Arlington Economic Development
Arlington, Virginia is a world-class residential, business, and tourist location in the country's most influential region, Washington D.C. Home to some of the most powerful organizations in the world, corporate leaders have made Arlington a hub for telecommunications, information technology, defense electronics and other industries. Arlington maintains a rich variety of stable neighborhoods, quality schools and enlightened land use, and was granted an award for its practices of "Smart Growth" by the Environmental Protection Agency in 2002. Arlington stands out as one of America's preeminent places for living, visiting and doing business. http://www.arlingtonvirginiausa.com