Tidal Force VR exploring DC expansion Immersive virtual reality experience Tidal Force VR says it is looking at D.C. for its next outpost. The New York company, which has spaces in Manhattan’s Flatiron District and Philadelphia’s Center City, said Monday it is “actively exploring” D.C. for its next phase of expansion. “Washington, D.C. stands out as …
OpenAI reveals details on DC office expansion at WDCEP Annual Meeting OpenAI has shared more details on who and what will occupy its new 14,500-square-foot office at The Gallup Building in Penn Quarter. Chan Park, head of global affairs for the ChatGPT maker and the D.C. office lead, said the AI giant will soon move from …
April 6, 2026 (Washington, DC) – The Washington DC Economic Partnership (WDCEP) has published the 2025/2026 DC Development Report, its annual analysis of real estate development and economic trends across the District. This year’s edition charts how DC’s built environment continues to evolve—driven by a growing wave of residential conversions and steady investment in living …
Investor Makes DC Debut With All-Cash NoMa Buy A year after its founding, Turio Residential Co. has made its first D.C.-area acquisition. Philadelphia-based Turio Residential Co. paid $16M in cash for the 67-unit building at 1324 North Capitol St. NW in NoMa. The property had been operating as an extended-stay hotel since it delivered in …
Mayor Bowser Announces New Legislation to Cut Red Tape and Make It Easier to Do Business in the District Mayor Muriel Bowser announced two pieces of legislation designed to cut red tape for local businesses working with DC government. The Supporting Local Business Enterprises Amendment Act of 2026 aims to increase access to government opportunities for the …
DC-startup Emerald AI raises $22.7 million in new funding Emerald AI, a D.C. startup targeting the data center industry and backed by AI giant Nvidia Corp., has landed $22.7 million in new funding, according to a Securities and Exchange Commission filing. The company, founded by former Biden administration official Varun Sivaram, raised the funding from 20 investors. DC …
Niron Magnetics opens DC office Niron Magnetics, a Minneapolis company that makes magnets using U.S.-based raw materials, has opened a D.C. office to showcase how its products can reduce reliance on Chinese materials. The company leased 1,800 square feet at 801 17th St. NW, where it will house three full-time employees focused on government affairs …
DC lobbying shop Public Policy Holding Co. raises $51M in IPO, eyes M&A D.C.’s newest public company, Public Policy Holding Co., aims to continue its rapid clip of acquisitions, now armed with $50.8 million in fresh capital following an initial public offering … Like many government affairs, public relations and strategic communications firms, PPHC got …
DC startup Ressio raises $8.75M to expand AI tools for residential construction D.C. startup Ressio has raised $8.75 million in Series A funding to bring more AI-powered software tools to residential construction. “With this funding, we’re pouring gasoline on our rapid product development model that starts with direct customer input,” (CEO and cofounder, Mitchell) Kasselman …
The largest office-to-residential conversion in DC’s history breaks ground Office conversions have produced 1,900 residential units and 264 hotel rooms across 11 projects since 2024 … “The program is working, it’s gaining momentum, and we’re really excited about it,” Nina Albert, D.C.’s deputy mayor for economic development and planning, said at an event Thursday announcing …
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