IN THE NEWS
in the planning stages for major renovations to the 26-year-old, 580,000 square foot facility since at least 2010. Today (Wednesday) the Washington Business Journal reported that that the company revealed preliminary plans and renderings for the renovations at an industry conference in National Harbor.
Arlington, VA - The Arlington Partnership for Affordable Housing (APAH) yesterday announced its 2012 Affordable Housing Honorees. "In 2012 we are recognizing Ron Carlee, former Arlington County Manager, for his steadfast commitment to Arlington's affordable housing policy, and John Shooshan, President, The Shooshan Company, for his unwavering leadership in our County's effort to end homelessness," said Nina Janopaul, APAH President/CEO. "They will be honored at the Celebration of Affordable Housing, APAH's Annual Fundraiser, on October 2, 2012, at the Clarendon Ballroom in Arlington, VA." - See more at: http://dc.citybizlist.com/article/arlington-partnership-affordable-housing-names-2012-affordable-housing-honorees#sthash.T8otJgX2.WPuMfTJC.dpuf
This is the second part of my focus on the Rosslyn-Ballston (R-B) corridor as an oasis of prosperity and vibrance in the Washington region. Served by five Metro stops within four miles, the corridor continues to attract new tenants, buyers, and developers in the face the deepest recession since the Great Depression. - See more at: http://dc.citybizlist.com/article/rosslyn-ballston-corridor-part-ii-vibrant-mixed-use-oasis-dc-area#sthash.5DHJEI2r.XDDFJdXJ.dpuf
Ashton Park Associates III, LLC, an affiliate of the Shooshan Company, has secured a $71.1 million non-recourse construction loan for the development of The Place, a 17-story, 257-unit, Class A multi-housing project in Arlington, Virginia. The Place will be the residential cornerstone of Founders Square, a 1.2 million-square-foot, mixed-use project with a goal of LEED Gold certification for a Neighborhood Development. - See more at: http://dc.citybizlist.com/article/711m-construction-loan-founders-square-high-rise-arlington-va#sthash.gbJC78L8.fKn9ywX7.dpuf
Seaport Square neighborhood, but developers have already installed the first Hubway bike sharing station on the sprawling 6.5 million square-foot parcel.
Walk Friendly Communities (WFC) program, sponsored by the US Department of Transportation Federal Highway Administration and FedEx. Arlington was recognized for its commitment to improving and sustaining walkability.