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The Washington Business Journal is the source for local business news, research and events in the Washington, D.C., region.

A D.C. housing nonprofit has closed on a set of commercial spaces in Adams Morgan with plans to convert them to affordab...
09/23/2023

A D.C. housing nonprofit has closed on a set of commercial spaces in Adams Morgan with plans to convert them to affordable housing.

The regional sports network formerly known as NBC Sports Washington has officially rebranded as Monumental Sports Networ...
09/23/2023

The regional sports network formerly known as NBC Sports Washington has officially rebranded as Monumental Sports Network — kicking off with a new show from Rachel Nichols.

What recession? Pessimism fading among business owners.
09/23/2023

What recession? Pessimism fading among business owners.

Just two years after going public and raising $267 million from investors, a McLean cybersecurity contractor founded by ...
09/23/2023

Just two years after going public and raising $267 million from investors, a McLean cybersecurity contractor founded by a former NSA director appears to be on borrowed time.

Former Washington Wizards star Bradley Beal has put his Bethesda mansion, complete with below-grade regulation basketbal...
09/23/2023

Former Washington Wizards star Bradley Beal has put his Bethesda mansion, complete with below-grade regulation basketball court and arcade room, on the market. Here's a look.

Eagle Hill Consulting’s culture survey found 73% of respondents said the culture at their workplace impacts their abilit...
09/23/2023

Eagle Hill Consulting’s culture survey found 73% of respondents said the culture at their workplace impacts their ability to do their best work.

Pay raises are expected to remain above pre-pandemic levels in 2024, but there will be a noted shift from 2023.
09/23/2023

Pay raises are expected to remain above pre-pandemic levels in 2024, but there will be a noted shift from 2023.

With a recent land acquisition, Chuck Kuhn is expanding an early-stage data center proposal in Northern Virginia.
09/23/2023

With a recent land acquisition, Chuck Kuhn is expanding an early-stage data center proposal in Northern Virginia.

Families will soon have around-the-clock access to experts in breastfeeding, lactation, mental support, nutrition and me...
09/23/2023

Families will soon have around-the-clock access to experts in breastfeeding, lactation, mental support, nutrition and meal planning at the Watergate Hotel at the region's first postnatal retreat.

While McLean-based Capital One cemented its spot at the top, a handful of locally based community banks also retained th...
09/22/2023

While McLean-based Capital One cemented its spot at the top, a handful of locally based community banks also retained their places in the top 10 banks by metro-area deposits, according to new data.

D.C. could help fund the construction of the final piece of Nationals Park, resolving a long-running zoning issue that t...
09/22/2023

D.C. could help fund the construction of the final piece of Nationals Park, resolving a long-running zoning issue that threatened to cost the stadium its occupancy permit last year.

Two sources familiar with legislation that would extend D.C.'s lease on the RFK Stadium campus — and open the door to a ...
09/22/2023

Two sources familiar with legislation that would extend D.C.'s lease on the RFK Stadium campus — and open the door to a new Washington Commanders stadium there — said it was unclear if the bill would receive a full vote in the House.

Inexperienced real estate agents and fixed commissions hurt the housing market, a new study says.
09/22/2023

Inexperienced real estate agents and fixed commissions hurt the housing market, a new study says.

Alexandria lawmakers are expected to approve new pieces of the Landmark Mall revamp, one of the region's most transforma...
09/22/2023

Alexandria lawmakers are expected to approve new pieces of the Landmark Mall revamp, one of the region's most transformative mixed-use projects. Here's what they'll be voting on.

Virginia has secured $100 million in federal funds to help pay for construction of a new rail bridge aimed alleviating r...
09/22/2023

Virginia has secured $100 million in federal funds to help pay for construction of a new rail bridge aimed alleviating repeated bottlenecks. Will it be enough to lure commuters back to VRE?

Here's the data scoop on our 2023 List of the Greater Washington region's largest private companies — who's up, who's do...
09/22/2023

Here's the data scoop on our 2023 List of the Greater Washington region's largest private companies — who's up, who's down, and who's growing the most.

Regional mobility is a priority pillar for the Greater Washington Partnership. (Sponsored Content)
09/22/2023

Regional mobility is a priority pillar for the Greater Washington Partnership. (Sponsored Content)

D.C. Pickleball Team, the District’s Major League Pickleball franchise, has landed a big-name organization, with some 38...
09/22/2023

D.C. Pickleball Team, the District’s Major League Pickleball franchise, has landed a big-name organization, with some 38 million members, as its front-of-jersey sponsor.

Retail real estate expert Gary Rappaport knows what it will take to revive downtown D.C.'s retail market.
09/22/2023

Retail real estate expert Gary Rappaport knows what it will take to revive downtown D.C.'s retail market.

AI has the potential to impact every job, but it's already putting pressure on wages in the tech sector.
09/22/2023

AI has the potential to impact every job, but it's already putting pressure on wages in the tech sector.

American University's business school has received the largest donation in its history. Here's how it will use the fundi...
09/22/2023

American University's business school has received the largest donation in its history. Here's how it will use the funding.

Private companies are tightening their belts — but that doesn't have to equal layoffs. Here's how some D.C.-area compani...
09/21/2023

Private companies are tightening their belts — but that doesn't have to equal layoffs. Here's how some D.C.-area companies are finding efficiency while sparing the ax.

A Tysons-based bank has graduated two dozen participants from its program for single mothers and some are employed at th...
09/21/2023

A Tysons-based bank has graduated two dozen participants from its program for single mothers and some are employed at the bank today. With the battle for talent at a "fevered pitch," the CEO says the program is helping the bank add loyal workers.

In a team-up of Bay Area tech companies, Cisco announced plans to buy Splunk.
09/21/2023

In a team-up of Bay Area tech companies, Cisco announced plans to buy Splunk.

The coalition of the DMV’s most influential CEOs is working to address regional challenges and foster inclusive growth. ...
09/21/2023

The coalition of the DMV’s most influential CEOs is working to address regional challenges and foster inclusive growth. (Sponsored Content)

Another Dupont Circle-area office building is facing a potential foreclosure auction. This one was purchased by a cowork...
09/21/2023

Another Dupont Circle-area office building is facing a potential foreclosure auction. This one was purchased by a coworking company just before the pandemic.

This duo is teaming up on another redevelopment of aging apartments in downtown Bethesda.
09/21/2023

This duo is teaming up on another redevelopment of aging apartments in downtown Bethesda.

RCKRBX's Michael Broder says the data his company collects can ward off "copycat syndrome" in development planning.
09/21/2023

RCKRBX's Michael Broder says the data his company collects can ward off "copycat syndrome" in development planning.

Hilton Worldwide is targeting budget-conscious travelers with its new Spark by Hilton brand. Its first hotel in the line...
09/21/2023

Hilton Worldwide is targeting budget-conscious travelers with its new Spark by Hilton brand. Its first hotel in the line opened this week on the outskirts of a quaint seaside town.

Fairfax County will soon consider — again — whether the former Topgolf site in Kingstowne might become new townhomes.
09/21/2023

Fairfax County will soon consider — again — whether the former Topgolf site in Kingstowne might become new townhomes.

U.S. News & World Report changed its methodology in ranking the nation's top colleges and universities. That was good ne...
09/21/2023

U.S. News & World Report changed its methodology in ranking the nation's top colleges and universities. That was good news for two D.C.-area schools but not-so-good news for several others. Here's how local schools fared in this year's rankings.

The Jackson Hole, Wyoming, ranch owned by legendary D.C.-area developer Gerald Halpin and his wife Helen is under contra...
09/21/2023

The Jackson Hole, Wyoming, ranch owned by legendary D.C.-area developer Gerald Halpin and his wife Helen is under contract to a buyer who has committed to continuing the late couple's stewardship.

Potential business owners who qualify as social equity applicants will compete for 123 standard cannabis licenses and 58...
09/21/2023

Potential business owners who qualify as social equity applicants will compete for 123 standard cannabis licenses and 58 micro licenses.

A small D.C. private equity firm that got its start in the early days of the pandemic recently invested in a health care...
09/21/2023

A small D.C. private equity firm that got its start in the early days of the pandemic recently invested in a health care company that distributes at-home diagnostic and therapeutic supplies. Now it's eyeing bigger deals.

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Park Vue of Alexandria, a 196-unit apartment complex, has changed hands with help from Amazon's Housing Equity Fund.
Which of these 32 D.C.-area startups would you invest in? Cast your vote today.
ICYMI: Richard Adams is stepping down from the CEO role at United Bank as part of an executive reorganization. He's been the top exec at the bank for more than 45 years.
Logistics and warehouse space is a hot commodity in Greater Washington. Read about a slated big development that wants to go even bigger.
A Ritz-Carlton Residences Georgetown penthouse sold Monday for $11 million, beating the previous condo record by $1.5 million.
A developer said it wants to put "attractive," "office-like" data centers next to residential on a small site in Loudoun County. This is its second attempt to remake this land after its first, to put a data center on the lot, didn't pass muster.
Over $1 trillion in federal spending on infrastructure has been authorized and passed into law. Here's what we know about Greater Washington's share, and what local contractors want to build with it.
It's one of downtown D.C.'s priciest restaurants, and now, BLT Steak is reopening after its first major makeover since it opened in 2006.
Boston Properties has re-leased the former Vapiano space at Reston Town Center to a restaurant chain that's been on the hunt for a second site in Greater Washington after opening its first in downtown D.C. in 2018.
Neil Albert has resigned as president and CEO of the Downtown D.C. Business Improvement District.
Industrious is expanding in D.C. with a lease in a big new development along Wisconsin Avenue.
Pepco has been working through an application to have its 91-year-old power plant property in Buzzard Point added to the National Register of Historic Places. The could open up the property to new avenues of financing its reuse.
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