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Reply to "DC is Losing Jobs to Virginia "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Just yesterday, fitness firm SolidCore moves HQ from DC to Rosslyn: https://www.bizjournals.com/washington/news/2023/08/18/solidcore-expansion-headquarters-rosslyn-altus.html[/quote] Not sure this thread can still be saved from being a dumpster fire, but I think this article points out what is actually one of the biggest issues. The height restriction in DC makes it tough for large corporations to operate headquarters in DC, because they don't have flexibility to expand or reconfigure their space as needs evolve, and they can't build up. I think that a lot of corporations would happily locate in DC, but locating in Arlington, Tysons, or Bethesda is more futureproof. Small associations, law firms, consulting firms, and longstanding government agencies are still taking up plenty of class A office space in DC. It's the older and often mid-block class B and C stuff that is much harder to fill, harder to redevelop, and definitely not attractive for things like corporate headquarters. DC really needs to get more serious about options for relaxing the height restriction. People perceive (not wrongly) that the developers who are pushing for more height are just trying to make money. People also perceive (not wrongly) that residential conversion has to be a major part of the solution. But really reinvigorating downtown also needs to involve making it more flexible and able to adapt to future change, and that requires something other than uniform 12-story boxes. Obviously Congress is a real impediment, but a cohesive and well-thought-out plan from DC would go a long way here.[/quote] DC needs to get serious on crime and law enforcement before anything else, including taller buildings.[/quote]
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