FOR IMMEDIATE RELEASE: November 13, 2018
FOR MEDIA INQUIRIES: Amanda Rubin Deveaux, email@example.com, 212-843-8591
Crystal City Business Improvement District (BID) Statement in Response to Amazon HQ Announcement
Crystal City (Arlington), Va., - “We are thrilled that National Landing, which includes Crystal City, a portion of Pentagon City and a portion of Potomac Yard, was selected by Amazon as one of the new HQ locations. We’re energized by the positive impact this will have on Crystal City, where momentous change is already taking place.
It has long been a goal of the area to have a more unified downtown. The public and private sectors are currently investing billions of dollars in the National Landing area to improve infrastructure, expand on entertainment and retail options, enhance public spaces and introduce new/repositioned buildings. Additionally, the Crystal City BID has been leading a collaborative strategic planning effort focused on creating an even better Crystal City for those that live and work here.
We believe that Amazon will help accelerate the transformation underway in Virginia’s largest walkable downtown, further growing and diversifying Crystal City’s economy, bolstering our already strong tech presence, and attracting additional companies and investment,” said Tracy Gabriel, President and Executive Director, Crystal City Business Improvement District.
About the Crystal City BID
The Crystal City Business Improvement District (BID) is a public-private partnership established to promote the vibrant Crystal City business, retail, restaurant and residential community. As Virginia’s largest downtown, the Crystal City, Pentagon City and Potomac Yard - Arlington area consists of 18.6 million square feet of office space in a mixed-use, walkable urban center that includes more than 32,000 residents, over 5,800 hotel rooms, and nearly 500 restaurants and shops. More than $342 million in public infrastructure investment and $2 billion of private projects are in the pipeline over the next five years. The BID is supporting the downtown’s dynamic transformation. For more information, visit www.crystalcity.org.
This press release was updated at 11:28 a.m.