News from the Bisnow Event: State of Arlington and Alexandria
Published December 22, 2016
Recently (December 7), Bisnow DC hosted their event, The State of Arlington County and Alexandria, in Crystal City. Over breakfast, several panelists spoke on everything from buildings to the Metro rail to the Gondola proposal and more. In addition to our very own John Shooshan, other speakers included:
- Mark Damato – Head of Global Real Estate, CEB
- Andy VanHorn – Principal, The JBG Companies
- Mary-Claire Burick (Moderator)– President, Rosslyn BID
On Arlington County
- John Shooshan – Chairman, Shooshan Company
- Tim Helmig – President, Monday Properties
- David Bevirt – SVP, Brookfield
- Will Voegele – SVP, Forest City Washington
- Evan Pritchard (Moderator) – Shareholder, Walsh Colucci Lubeley & Walsh
On Alexandria
- Doug Firstenberg – Founding Principal, StonebridgeCarras
- Jeff Zell – CEO, JM Zell
- Bob Cohen – CEO, Perseus Realty
- Fred Rothmeijer – Founding Principal, MRP Realty
- Anthony Chang – VP, Washington REIT
As well as:
- Angela Fox – President & CEO, Crystal City BID
- Tina Leone – CEO, Ballston BID
- Stephanie Landrum – President & CEO, Alexandria Economic Development Partnership
- Victor Hoskins – Director, Arlington Economic Development
- Ross Draber – COO, United Bank
Specifically on the ongoing efforts to improve the waterfront, Arlington spokespeople talked about how Arlington shouldn’t be left behind in the process. Michael Gribbon, as Bisnow reported, states:
“The river is obviously an asset in the Washington metro area that, in some places, is just really a dynamic attraction, and in other areas, it’s just woefully underutilized…I think the next logical step is Arlington, it’s a resource that needs to be utilized.”
In addition, the idea of a boathouse in Rosslyn was discussed to better connect the area with Georgetown. Regarding the gondola proposal, The Bisnow article also states:
“John Shooshan emphasized the problem of funding a gondola, especially in the current fiscal situation. ‘We’re going to have $20 trillion in debt,’ John said. ‘So gondolas and things have got to be things that you need and not things that you want.'”
The Ballston BID was present, who tweeted:
The growth of future retail in #ArlingtonVA is in mixed used projects with strong placemaking that our owners are striving for #arlalx16
— BallstonBID (@BallstonBID) December 7, 2016
Arlington Economic Development also tweeted a great quote from the event:
There is $1 billion in projects in progress in Ballston alone with Ballston Quarter representing 1/3 of that @ShooshanCompany #arlalex16
— Arlington Econ Dev (@AEDBizInvest) December 7, 2016
Overall the event was a huge success with many great points on what to expect over the next several years in both Arlington and Alexandria. The next Bisnow event, again featuring John Shooshan along with many other wonderful speakers, takes place on January 12 and covers the topic on how the next presidency will affect the commercial real estate industry.
References
- Developers Support Water Taxi, Gondola to Connect Arlington and Georgetown. (2016). Bisnow DC. Source: https://www.bisnow.com/washington-dc/news/neighborhood/developers-want-arlington-to-better-utilize-its-waterfront-68626
- Ballston Bid. (2016). Twitter. Source: https://twitter.com/ballstonbid
- Arlington Economic Development. (2016). Twitter. Source: https://twitter.com/AEDBizInvest