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Office of the Deputy Mayor for Planning and Economic Development
 

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D.C. to buy Walter Reed for $22.5 million; Bowser administration reveals additional project details

Date Released: 

Washington Business Journal by Michael Neibauer

The District has reached an agreement with the U.S. Army and the master development team for the acquisition and lease of the former Walter Reed Army Medical Center campus, setting the stage for work to begin on the 3.1 million-square-foot mixed-use project.

Neighbors back plan to turn Franklin School into Georgetown University center for the performing arts

Date Released: 

Washington Post by Jonathan O'Connell

Georgetown University officials say their plan to turn the former Franklin School into a center for music and performing arts is the best way for D.C. to re-use the property, and the building’s neighbors downtown agree.

Qualified High Tech Companies (QHTC)

DC Tech Incentives

Are you a company that delivers technology products and services? Qualified High Technology Companies (QHTC) can claim tax benefits to support their growth in the District. These benefits include a reduced capital gains tax rate and lowered costs to hire and train workers.

A Qualified High Technology Company (QHTC) is a for-profit company which:

Advisory Board incentive bill worth up to $60M easily passes first on D.C. Council

Date Released: 

Washington Business Journal by Daniel J. Sernovitz


The D.C. Council voted overwhelmingly Tuesday in favor of granting up to $60 million in tax breaks to keep The Advisory Board Co. (NASDAQ: ABCO) in the District, but not without pushback from critics who said the District should get significantly more in exchange for the incentive package.

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