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Mar 30, 2009

Fate of City Paper Ownership Expected Tuesday

The Washington Business Journal has a rather curious update on the bankruptcy proceedings for Creative Loafing, the owner of the Washington City Paper, among other publications. Judge Caryl E. Delano will decide whether the Tampa chain will remain under control of publisher Ben Eason or Atalaya Capital Management, which says it’s owed $31 million in loans used by the paper to purchase Washington City Times and Chicago Reader in 2007, according to Creative Loafing…

Dec 17, 2007

Go Home Already: Shaky Ground

>> The 1930s-era Hecht’s building in Northeast has been bought by a Philadelphia developer who plans to incorporate the historic structure into a new retail hub off New York Avenue. [WaPo] >> D.C.’s State Education Office established new criteria for free- and reduced-price-meal programs in an effort to increase enrollment. [Examiner] >> Construction has begun on Alexandria’s 167-acre Potomac Yard development. [Washington Business Journal] >> The death of musician Casey Calvert last month outside…

Dec 05, 2007

Opposition Continues to Live Nation in Silver Spring

A Post business columnist and an independent music non-profit have joined the chorus questioning Live Nation’s proposal for a Silver Spring music hall. Last Friday, Steven Pearlstein wrote that while I.M.P. boss Seth Hurwitz has fought against competition for his 9:30 Club before, and his alternative proposal to Live Nation is in his own best interest, “he’s put forward a financial proposal attractive enough that county officials cannot ignore it.” Under their non-binding letter of…

Nov 13, 2007

Go Home Already: Stupid is as Stupid Does

>> Maryland police apprehended the prisoner who stole an officer’s gun and escaped from custody from a Laurel hospital. [WTOP] >> Shortly after abandoning his run for the White House, Stephen Colbert ended up in a three-way tie for a seat on the Colonial Soil and Water Conservation District Board in Williamsburg. Sadly, he won’t be able to serve if selected by a hat draw (seriously), because he’s not a registered voter in the…

Nov 01, 2007

Zipcar, Flexcar Announce Merger

Zipcar and Flexcar, D.C.’s two most popular car-sharing companies, announced they are merging Wednesday. Emails to customers of both companies directed them to an announcement on Zipcar’s website. “The combined company will provide our members with increased benefits and improve our ability to expand into new markets,” said Zipcar CEO Scott Griffith in the statement. The new company will operate under the Zipcar name, and while the pricing plans are still being hammered out, they…

Oct 30, 2007

Convention Center Gets New Name

The Washington Business Journal reported yesterday that the Washington Convention Center will be officially renamed to honor D.C.’s first elected mayor, Walter E. Washington. Apparently the D.C. Council approved the name change last year, though we can’t recall having heard about it at the time. The idea is a fine one though, and Washington is certainly worthy of having his legacy honored. So what’s the problem? As of Nov. 5, the building will officially become…

Oct 08, 2007

Apple Store to Replace Georgetown French Connection

We had heard rumors that Apple had settled on purchasing 1229 Wisconsin Ave. NW in Georgetown, but the Washington Business Journal confirmed the news on Friday. The building, sold on Sept. 27 to Apple Inc., is currently occupied by French Connection. The manager at French Connection had still not been told about the deal as of the middle of last week. Initial rumors of a Georgetown Apple store had been focused on the space where…

Sep 11, 2007

Is a Gap Opening on Capitol Hill?

Many neighborhoods in the District tend to go through a rather predictable routine. They start as fringe areas, slowly attract residents and business owners looking for good deals on housing and commercial properties, see an influx of newcomers as word spreads, and soon become the city’s next hot destination. And throughout the process the usual conflicts tend to emerge — between old and new residents, between local and national businesses. Yesterday the rather tranquil Barracks…

Aug 30, 2007

CalTor on a Tear

Rockville based chain California Tortilla has reached a milestone. According to Washington Business Journal, the chain has sold 5 million burritos. 5 million! I prefer to say they’ve sold 5 megaburritos, but whatever floats your boat. The big winner of a year’s worth of indigestion, er, delicious goodness, was college student John Baroody of Herndon, Virginia, who purchased number V at the Ashburn Village store. Congratulations, John! I’m sure your feelings at the moment of…

Aug 24, 2007

Uline Arena to Become Huge Starbucks

We kid. Kind of. According to the Washington Business Journal, the Uline Ice Arena and the surrounding area may be the next frontier in development in the District. The arena, which is just north of Union Station and hosted the first Beatles concert in the U.S. in 1964, is being looked at by developer Douglas Jemal as the anchor for a new entertainment district along the lines of the popular East End/Verizon Center area. While…

 
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