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Office of the Deputy Mayor for Planning and Economic Development
 

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D.C. redevelopment of old Walter Reed site inches forward

Date Released: 

WTOP by Kristi King

WASHINGTON — The District’s plan to redevelop the former Walter Reed Army National Medical Center in Northwest is moving forward but construction might not start any time soon.

A bill that would allow the District to purchase a 66-acre portion of the former hospital property passed out of committee on Tuesday. A final council vote is expected March 1. The city is expected to close on a deal with the site’s master developer within the year.

DC Tech Incentives


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View and download the DC Tech Incentives flyer.

Are you a company that delivers technology products and services? Qualified High Technology Companies (QHTC) can claim one of the most attractive incentive packages for high technology businesses in the country.

D.C. cuts red tape for smaller venture capital funds

Date Released: 

Washington Business Journal by Andy Medici


Smaller venture capital funds in the District will no longer have to follow strict licensing rules meant for financial advisers — a change that proponents say will make D.C. more tech friendly.

Since 2012, the D.C. Department of Insurance, Securities and Banking (DISB) has issued temporary licensing waivers for funds with more than $100 million under management. The latest move permanently extends those waivers and applies them to funds with less than $100 million under management.

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