Best Redevelopment: Ballston Quarter

Turning a mall inside out is a lofty task, but Brookfield Properties was up for the challenge. Now, the owner of Ballston Quarter is facing a bigger one in Covid-19. Ballston Quarter, the redevelopment of the former Ballston Common Mall, delivered in the first quarter of 2019. It was a major and much- needed undertaking....

Best New Development: The Boro

The long-range Tysons land-use plan adopted in June 2010 by Fairfax County put a heavy emphasis on walkability and green spaces — something the auto-oriented community had really never known. “Walkability is easy to create when it’s close to the Metro and destination retail,” said Tom Boylan, senior vice president of The Meridian Group, a...

With Metro on the way, RPAI plans increase in residential for Ashbu...

One Loudoun could soon see a significant increase in residential development, as the property’s owner looks to add more apartments to the project in tandem with Metro’s arrival in Ashburn. The developer that controls the majority of the 360-acre property, Retail Properties of America Inc., is asking Loudoun County for the chance to swap in...

Virginia Tech campus, Potomac Yard development earn approval in Ale...

The first phase of Virginia Tech’s campus and plans for six other buildings in Alexandria’s section of Potomac Yard earned approval from City Council on Saturday morning. Developers JBG Smith Properties (NYS:JBGS) and Lionstone Investment have reenvisioned the entire district and brought it through the city’s planning process in a little over a year after they...

Lidl expansion will bring 10 new stores to Maryland, including some...

German grocer Lidl is ramping up its growth in Maryland with plans to open 10 new stores by the end of 2021. The new stores are expected to create 400 new jobs and more than double the grocer’s footprint in Maryland, according to a statement from the governor’s office Tuesday. It appears many of the...

Kevin Plank’s 43-acre Baltimore property sells to developer

Local developer Stonewall Capital has won a bidding war to acquire a 43-acre property in South Baltimore’s Westport neighborhood. The picturesque property near Port Covington on the Middle Branch hit the market in March and will be redeveloped by Monkton-based Stonewall into a residential hub, a source in the community said Friday. The move is...

Bozzuto sees strong rent collection at its luxury apartments, eyes ...

Nearly 100% of residents in the luxury apartment units owned and managed by the Bozzuto Group have paid rent during the Covid- 19 pandemic this year. Toby Bozzuto, CEO of the Greenbelt-based company, said Friday the economic fallout and uncertainty sparked by the novel coronavirus has created a mix of optimism and caution in the...

Best Community Impact: Adventist HealthCare White Oak Medical Center

Adventist HealthCare’s oldest hospital was on life support.The nonprofit health system began efforts to replace Washington Adventist Hospital, its aging Takoma Park facility, in 2011. But it took four years and a decision to scale down the proposal and leave components in Takoma Park to even earn county approval for the new project — and...

Amplimmune leaves Baltimore for Montgomery County

As Amplimmune Inc. settles on new headquarters in Montgomery County, it becomes the latest Baltimore-area biotech to tread the now well-worn path from Interstate 95 to I-270 in a search for more space. The Johns Hopkins University spinoff, which was leasing 1,500 square feet at the cancer center on campus, expects to sign a lease...

Deal ofthe Year: Wharf Phase II financing

What does Lenny Kravitz have to do with the biggest private construction loan in D.C. history? More than you might think. The rock star of “Fly Away” and “American Woman” fame might not exactly have been in the trenches negotiating the financing nuances for D.C.’s The Wharf, but his involvement was important, nonetheless. Just ask...