IN THE NEWS

The Rosslyn-Ballston Corridor:

Published May 1, 2018

Here's a look at some of the impressive Ballston numbers:
  • 45% of the population is between the ages of 25-35 years old
  • 60/40 split between automobile/mass transit
  • 7.5 Million Square Feet of office space
  • 1.1 Million Square Feet of retail space
  • 80%+ of residents have a bachelor’s degree or higher
  • 44.3% of residents have graduate or professional degrees
  • $123,828: Ballston’s average household income
  • 58+ restaurants
  • 86.2% of Ballston’s jobs are “white collar”
  • 770+ hotel keys
  • 8,500+ residential units
  • 93 walk score
  • 75% of the population is under 45 years old
  • 31.2: Ballston’s median age
  • $100,000+: annual income for 53% of Arlington County residents
  • 81 bike score
Click the image for a visual:
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4040 Wilson Blvd.: Bold Design

Published April 26, 2018

4040 Wilson, the final component to the Liberty Center Development, offers the most unique opportunity in the market. The project which is under construction and set to deliver in April 2020 as a twenty-two (22) story single mixed-use office, residential and retail tower in Arlington. This is the first project of its kind in the market, providing tenants the ultimate mixed-use environment in a single building, but allowing each division to operate independent of the others. The Neighborhood Liberty Center is a community that includes a total 2.25 million square feet of mixed-use development. This world-class project features eight (8) total buildings, including four (4) office buildings, three (3) residential apartment buildings, one (1) residential condominium building, and an 183-key extended-stay service Residence Inn hotel by Marriott, all connected by over 70,000 square feet of ground-floor retail space. Find more information about 4040 Wilson Blvd. on 4040wilson.com, view the whole brochure HERE and see the latest photos and renderings at 4040wilson.com/gallery/.
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Social Media Pages To Follow

Published April 19, 2018

At The Shooshan Company, we have many projects completed as well as in development. Social media allows us to share updates on certain projects as well as new renderings and offerings. Here is a list with some of the different social media accounts to follow: Facebook Twitter Instagram Linkedin
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Taste of Arlington 2018

Published April 12, 2018

The 31st annual Taste of Arlington event from the Ballston BID will take place on May 20, 2018. Over 60 restaurants and local food trucks will participate in the event which, in the past, has drawn an average of 25,000 people. TasteOfArlington.com states this is "The Largest Festival Showcasing Arlington’s Food Scene and Benefiting Local Arlington Charities." The outdoor Arlington festival will be located on Wilson Boulevard between N. Randolph Street & N. Lincoln Street which is convenient to both the Ballston/MU station and the Virginia Square metro stop. Additional information such as registration, frequently asked questions, a list of participants, sponsors, event features and a complete map can be seen on the official website www.TasteOfArlington.com.   References: Taste of Arlington. (2018). Ballston BID. Source: http://www.ballstonbid.com/taste/
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What “Walkability” Means In Arlington

Published April 3, 2018

*Update: View Arlington's Walk Score, Transit Score and Bike score by clicking HERE* Two Liberty Center (4075 Wilson Blvd), located across from Ballston Quarter, 4040 Wilson Blvd. and The View Luxury Apartments, has one of the best "Walk Scores" around at 94. A variety of fast casual, white table cloth and quick serve restaurants, as well as hotels and retail shops, make Ballston one of the best neighborhoods to live and work in. But what do we mean by "Walk Score?" According to www.walkscore.com, a "Walk Score measures the walkability of any address based on the distance to nearby places and pedestrian friendliness." The scores are:
  • 90-100 = Walker's Paradise: Daily errands do not require a car
  • 70-89 = Very Walkable: Most errands can be accomplished on foot
  • 50-69 = Somewhat Walkable: Some errands can be accomplished on foot
  • 25-49 = Car-Dependent: Most errands require a car
  • 0-24 = Car-Dependent: Almost all errands require a car
Arlington, Virginia as a whole has a walk score of 69, meaning some errands can be accomplished on foot. However, when you drill down to neighborhoods, such as Ballston-Virginia Square, the walk score gets much higher at 93, meaning a "Walker's paradise." This is the 2nd most walkable neighborhood right behind Clarendon-Courthouse, which also has a score of 93. As Ballston continues to grow, so does its offerings and the walk score will only become higher. The Shooshan Company is proud to be a part of this neighborhood's development and continues to partner with local and national businesses to create the best place to live and work. In addition, Two Liberty Center, located at 4075 Wilson Boulevard, has also received the Platinum award from Arlington County Commuter Services for its alternative transportation program. The property was also honored to receive LEED Gold Certification. As we’ve stated in previous articles, LEED stems from the U.S. Green Building Council (new.usgbc.org/leed): “LEED, or Leadership in Energy and Environmental Design, is changing the way we think about how buildings and communities are planned, constructed, maintained and operated. Leaders around the world have made LEED the most widely used third-party verification for green buildings, with around 1.85 million square feet being certified daily… LEED-certified buildings are resource efficient. They use less water and energy and reduce greenhouse gas emissions. As an added bonus, they save money.” Other Shooshan owned/developed and Kodiak managed buildings with their respective walk scores:
  • Two Liberty Center, 4075 Wilson Blvd: Walk Score 94
  • The View at Liberty Center, 4000 Wilson Blvd: Walk Score 93
  • 4040 Wilson Blvd: Walk Score 94
  • Marymount University, 1000 N Glebe Rd: Walk Score 90
  • 675 North Randolph St: Walk Score 92
  • One Liberty Center, 875 N Randolph Street: Walk Score 94
  • Quincy Street Station, 4001 N. Fairfax Dr.: Walk Score 95
  References: Walk Score. (2018). Walk Score. Source: https://www.walkscore.com/ LEED. (2018). U.S. Green Building Council. Source: http://www.usgbc.org/leed Two Liberty Center Receives LEED Gold Certification. (2017). The Shooshan Company. Source: https://shooshancompany.com/two-liberty-center-receives-leed-gold-certification/ Transportation In Arlington. (2018). Redfin. Source: https://www.redfin.com/city/21282/VA/Arlington#transportation  
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Arlington, VA Named Best Place To Live In Virginia

Published March 22, 2018

Arlington, Virginia was just ranked the #1 in the "2018 Best Places to Live in Virginia" list by Niche.com, a website which provides reviews and insights into neighborhoods. Arlington, VA ranked #1 out of over 218 other cities in the study. According to their website, Niche.com, the "rankings and grades are calculated using a series of steps to ensure statistical rigor and useful guidance in deciding where to live." You can read more about the ranking method on their website here: https://www.niche.com/places-to-live/rankings/methodology/. Niche.com also mentioned that for 2018, they introduced a new factor: Walkability. They state walkability "Captures how easy it is to get around a place, taking into account commuting patterns, population density, and the number of amenities nearby." For those familiar with Arlington, having a high walkability score is no surprise. With places like The View at Liberty Center (walk score 93) and Two Liberty Center (walk score 94), The Shooshan Company is honored to be a part of Arlington's development. Rounding out the top 10 cities on the list were:
  1. Arlington
  2. Vienna
  3. Merrifield
  4. Stone Ridge
  5. Oakton
  6. Broadlands
  7. South Riding
  8. Franklin Farm
  9. Dunn Loring
  10. Brambleton
The Shooshan Company is proud to be a part of the city of Arlington and the benefits it provides. To see the full list of Best Places To Live In Virginia with details on each, you may visit their website at https://www.niche.com/places-to-live/search/best-places-to-live/s/virginia/. Sources:  
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The Arlington Transportation Partners Champions

Published March 16, 2018

The Arlington Transportation Partners recently released their list of "Commercial Champions" for 2017 which, as the website states, "provides community recognition and rewards to businesses, multi-family residential communities, commercial properties and schools in Arlington County." Arlington Transportation Partners provides transportation expertise to businesses, residential communities and commercial properties "to help improve transportation amenities and commuter benefits. These services and programs have significant impacts on commuting patterns, traffic congestion, personal health and air quality in Arlington County." The Shooshan Company is honored to have several Shooshan owned/developed and Kodiak managed buildings listed under the Arlington Transportation Commercial Champions for both Gold and Silver: Gold
  • 675 North Randolph – Developed and Owned by the Shooshan Company and Managed by Kodiak Realty Services
  • Two Liberty Center - Developed by the Shooshan Company and Managed by Kodiak Realty Services
  • 1000 North Glebe (Marymount University) - Developed by the Shooshan Company and Managed by Kodiak Realty Services
  • Residence Inn Ballston - Developed by the Shooshan Company
Silver
  • One Liberty Center - Developed by the Shooshan Company and Managed by Kodiak Realty Services
  • The View at Liberty Center – Developed and Owned by the Shooshan Company
The Shooshan Company would also like to congratulate all of the Platinum, Gold, Silver and Bronze Arlington Transportation Partners Champions! Sources
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Ballston Quarter Opening Fall 2018

Published March 8, 2018

Ballston Quarter, the new "urban village" where Ballston Common Mall once stood, is continuing to grow and add new stores and restaurants. The website states: "WELCOME TO THE NEW AMERICAN DREAM. One with untraffic, unaggravation, unsuburbs, unboredom and a totally uncommon way of life. Ballston Quarter is a true urban village filled with people who want to live where they also work and play—people who want to live life to the fullest. Everything you need is just footsteps away. Located on the Metro four miles from DC, Ballston Quarter is a place where all of Arlington will come together to experience a life that’s as purposeful, thoughtful and true as you are. This is the new American Dream. And it’s happening right here in Ballston." The "Quarter Market at Ballston Quarter," which is the restaurant portion of the site, will have 18 restaurants including:
  • Bartaco
  • Buredo
  • Cucina Al Volo
  • Ice Cream Jubilee
  • Mi & Yu Noodle Bar
  • Pinch Dumplings
  • Rice Crook
  • Swizzler
  • Timber Pizza Co.
Ballston Quarter is still adding to the list and has the opening set for Fall 2018. The building is located across from Two Liberty Center, where The Shooshan Company offices are located, as well as next to 4040 Wilson Blvd. and The View Luxury Apartments, making the area one of the best that Ballston has to offer! To find out what else is open during the renovation, you may visit their website at www.ballstonquarter.com. To find available apartments for The View or 4040 Wilson Blvd., you can visit the sites listed below.   References:  
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Here’s Your Arlington NOVA Restaurant Week 2018 List

Published March 1, 2018

The 2018 Northern Virginia Restaurant Week, taking place March 19-26, will feature many delicious establishments in Arlington. Here is the full, official list of participating Arlington restaurants: And that's just the Arlington list. Read the full list on the official Northern Virginia Restaurant Week website at www.novarestaurantweek.com.   References: Northern Virginia Restaurant Week. (2018). The Greater Reston, Loudon, Prince William and Arlington Chamber of Commerce. Source: http://novarestaurantweek.com/
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An Interview with Tina Leone, The Ballston Business Improvement District (BID) CEO

Published February 22, 2018

Crains.com, a "one-stop news source" that delivers a daily newsletter built around specific interests and business needs, recently posted an interview with Tina Leone, The Ballston Business Improvement District (BID) CEO. Crain's has an ongoing series titled "If I Knew Then" which interviews "executives, entrepreneurs and business leaders about mistakes that have shaped their business philosophy." In the article, Tina Leone talks about being a young and inexperienced CEO and how that had an affect on how she operated, especially when it came to board members: "I always thought the board members knew what they were doing, but I didn’t recognize that they each had a different motivation for being there. I was in the executive position for seven years, and we never made a strategic plan. We kind of knew what we were going to do and what we had to accomplish, but we didn’t have a detailed plan of how to get there, and that was a mistake." She goes into detail about what to look for and ultimately provides "The Lesson" - "The lesson is that you need to pay attention to your board of directors. You need to understand and check the motivations of each board member and have conversations about why they’re there. What is bringing them to table? What motivated them? Why do they want to serve with you on the board of your organization? People may have different reasons, but they all need to cooperate and collaborate under one plan and one set of standards. They need to understand that this is where we’re going." It's an insightful article that allows the reader to get inside the mind of one of our area's best CEO's. Read the full article on their website at http://www.crains.com/if-i-knew-then/tina-leone/ballston-business-improvement-district.   References

Tina Leone: CEO, BALLSTON BUSINESS IMPROVEMENT DISTRICT. (2018). Crain's. Source: http://www.crains.com/if-i-knew-then/tina-leone/ballston-business-improvement-district.

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4040 Wilson Blvd. Suite 740, Arlington, VA 22203 | (p) 703.527.8600 |