(703)765-0300

Tag: Public transport

Home » Public transport

How Will Arlington Benefit From Amazon’s HQ2 Performance Agreement?

In November 2018, Amazon announced that it had selected Arlington County from more than 230 jurisdictions in America as their new headquarters, commonly known as HQ2. This announcement capped a 14-month process that had galvanized Northern Virginia localities to form a multi-jurisdictional partnership in their bid for the headquarters. An article by Northern Virginia Realtors recently reported that Arlington County Board has unanimously approved the County's proposed direct financial incentive to Amazon. This is an annual pay-for-performance grant that is valued at approximately $23 million tied to the company's meeting target of occupying at least six million square feet of office space over the next 15 years. Arlington County Board chair, Christian Dorsey, said that this performance agreement will be a long and productive partnership between Arlington and Amazon. "I view this agreement as a new model of economic development, where most resources are devoted to improvement in infrastructure and developing human capital," he said. Arlington County also committed to using the portion of the new increment revenue generated by the arrival of Amazon within the existing Crystal City, Potomac Yard, Pentagon City Tax Increment Financing (TIF) area to make strategic infrastructure investments in and around National Landing. The TIF revenue is estimated to be around $28 million over 10 years. 3 New Investment Opportunities for Arlington 
  1. Technology- As part of its incentive package, the Commonwealth of Virginia proposed over $1 billion for a Tech Talent Investment Fund. This fund will produce 25,000 additional bachelors and masters degrees in computer and science-related fields throughout Virginia. The Commonwealth will also provide new resources related to computer science education statewide that will be accessible to the Arlington and Alexandria public schools. These resources will include professional development for current and future teachers, high-quality curriculum-related resources, summer and after-school programming for students, and meaningful career exposure and work-based learning opportunities in high-demand fields.
  2. Transportation- The Commonwealth will invest up to $195 million of non-general fund money in new or expanded transportation projects to improve mobility in the region. The planned investment will include New entrance to the Crystal City Metro Station; Improvements to U.S. Route 1 in Arlington County; Pedestrian bridge from Crystal City to Reagan National Airport and a Transitway expansion supporting Pentagon City, Crystal City, and Potomac Yard in both Alexandria and Arlington.
  3. Affordable Housing- With the new revenues generated by Amazon, Arlington and Alexandria will be able to fund affordable housing, workforce housing, and public infrastructure. Together, the two communities plan to invest at least $150 million over the next decade in affordable housing. This will result in the creation and preservation of 2,000 to 2,400 affordable and workforce units in and around the Crystal City, Pentagon City, and Columbia Pike areas and throughout Alexandria.

Properties in Crystal City

Welcome to this lovely and beautiful duplex style home in the heart of Arlington. Winning location! This perfect investment property is walking distance from Crystal City, and minutes from Reagan National Airport (DCA), Shirlington, Potomac Yard, Del Ray, Pentagon City and Alexandria. Very easy access to DC, NOVA and MD. Location! Location! Location! This home offers 2 br, 2 full baths, a basement with an extra room perfect for home office or guest room, a privately wonderful backyard and private driveway, can fit 3 cars and outside street available for parking. Seller prefer sales AS-IS and possible of 1 week rent back. Seller is very motivated and very flexible. Seller is interested to see any kind of reasonable best offer. Don't miss this opportunity with no hoa fees, a corner lot and have lots of potential. You can see the neighbor's house in the same street who have the same large yard that was transformed with 3rd floor and a bigger living area. Please schedule at least 3 hours notice before showing. Call the listing agent Annette Caranto at 301 641 0909 by appointment only. [3101 S Fox St, Arlington, VA]

*Seller will pay condo fee for first six months with a closing credit at settlement**Spacious 855 square foot one bedroom condo with balcony, garage parking (space PG 2-19), and storage space in the full-service, pet-free Crystal Park Condominium **The renovated condo was freshly painted in 2024 and features Crystal Current kitchen cabinets in "Simply White," and premium polished granite countertops; KitchenAid refrigerator with icemaker, Bosch dishwasher, KitchenAid microwave and electric range; Miele washer and dryer**Wood floors throughout the condo are from the Impressions hardwood collection and reflect the light filled space ( (2017)**bathroom has white tile with black accent, large tub, vanity, and a linen closet for even more storage (2016)**Stylish light fixtures and Ecobee thermostat for comfortable living**Separate living and dining area opens to sunny balcony overlooking the vibrant shops, restaurants, and bike lanes along Crystal Drive**Convenient Capital Bikeshare Station at front of building.**Crystal Park amenities include an outdoor pool with expansive patios with grilling areas, fitness center, meeting room and gathering space for use of residents**Convenient five-minute walk to the Crystal City Metro, two to three minutes to the Mount Vernon Trail, and Long Bridge Park and Rec Center. Long Bridge Park features three full-size, multi-sport, lighted fields, a network of walkways, and an overlook with views of the Washington monuments along with an Aquatics and Fitness Center**Near Pentagon City Regional Mall, Whole Foods, Costco, the restaurant row along 23rd Street and Arlington County Library**Easy access to Washington, Reagan National Airport, Pentagon, business centers in Crystal and Pentagon cities, Fort Myer/Henderson Hall, and the Rosslyn-Ballston business corridor**Virginia Tech's Innovation Campus and George Mason University Tech campus will be nearby**A renovated home awaits the savvy buyer who values style, condition and an urban location** [1805 Crystal Dr #317s, Arlington, VA]

New adjusted price! Enjoy Monument and Potomac River views year-round from this spacious two bedroom plus den unit at The Eclipse. Million Dollar Views, without the million-dollar price tag. Hard to find Monument and River view properties at this attractive price point. National Landing is so close to everything! New Potomac Yard Metro station is just blocks away, as is the new Virginia Tech Innovation Alexandria Campus, and much more! Lots of energy and development in this area, plus you can watch the Fourth of July Fireworks from your own private balcony! Engineered hardwood floors thru out, and unit freshly painted. Lots of large windows and doors to see the Potomac River, Washington DC Skyline, National monument buildings as well as wonderful view of the Alexandria Masonic Temple from the office window. Living room bult-in shelving and Bose surround sound stereo system conveys. There is a large dining room space, and off the dining room is the office with wall shelving and wonderful views. The kitchen features, granite counter tops, stainless steel appliances and gas cooking. Several of the appliances are just a year old and there are lots of counter and storage space. Off the foyer hallway is a newer stackable washer and dryer unit. The owner's suite is large and enjoys a wonderful view of the Washington Monument and DC skyline, not to mention Reagan National Airport and every changing views. There is a walk-in closet with custom California Closet wood built-in system with drawers, shelves and hanging areas. There is a second large closet included in the owner's suite along with a renovated shower, double vanity with granite countertop and side by side showers. Everyone gets their own shower! The second bedroom is an ensuite with full bath, spacious and also affords monument views. Both bedrooms have Casablanca ceiling fans. If you are not familiar with The Eclipse there is an amazing large party room on floor 7 with a theater room, great entertaining spaces, and a spacious outdoor rooftop deck with spectacular views. This area be enjoyed by residents 24/7 if not privately reserved for an event. A wonderful place to unwind and relax and feel like you are on vacation. There is also an outdoor pool, and fitness center on level 2 in building 3650. This unit is being sold with two side by side parking spaces on P2 very close to the elevator, as well as a secure extra storage unit. There are various retail establishments on site as well as a large Harris Teeter grocery store complete with pharmacy, making it so convenient and easy to shop and dine. There is also a private child day care facility on site and a tot-lot for Eclipse residents only. Great lifestyle living! This unit is one of the largest in the development and offers a wraparound balcony with wonderful river, city and monument views. Trains, Planes, Automobiles and Boats! So much activity to watch an enjoy. Come be a part of this growing area and enjoy all the benefits the National Landing neighborhood affords, as well as unknown future developments. Lifestyle living at its best! Spacious unit with river and monument views, garage parking, on-site grocery store convenience and so much more! [3650 S Glebe Rd #456, Arlington, VA]

See more in Crystal City