Update on 11/29/22 — From the announcement:
Governor Glenn Youngkin today announced that Technomics, Inc., an employee-owned decision analysis company that specializes in cost analysis, data management, and data analytics, has invested $1.7 million to expand in Arlington County. The company is leasing an additional 10,000 square feet of space at 1225 South Clark Street to increase capacity. Virginia successfully competed with Maryland, DC, and California for the project, which will create 150 new jobs.
Earlier: Top state officials are coming to Arlington tomorrow for an unspecified “economic development announcement.”
“The Honorable Glenn Youngkin, Governor of the Commonwealth of Virginia, will join Arlington Economic Development and other state and local economic leaders on Tuesday, Nov. 29, 2022, for an economic development announcement,” Arlington County said in a media advisory today.
Joining the governor and local officials will be Caren Merrick, Virginia Secretary of Commerce and Trade, as well as “leaders in Arlington’s technology and business community.”
The event is taking place Tuesday afternoon at 1225 S. Clark Street in Crystal City.
It is unclear what exactly is being announced. Arlington has been on a bit of a roll with landing major corporate headquarters, including the Nestle U.S. operations in 2017, Amazon’s HQ2 in 2018, and — this past summer, in successive months — aerospace and defense giants Boeing and Raytheon.
There have also been other notable developments specific to the Crystal City, Pentagon City and Potomac Yard area — collectively known as National Landing — in the areas of higher education (Virginia Tech’s Innovation Campus) and connectivity (a plan for ubiquitous 5G).
In June the governor announced in Arlington that Boeing was partnering with Virginia Tech on a “$50 million facility for military veterans transitioning to civilian life” at the new Innovation Campus, which is being built in the Potomac Yard area of Alexandria.
Arlington has been combatting a rise in office vacancies exacerbated by the pandemic and work-from-home trends.