Salesforce Deepens Investment in Washington, DC With New Innovation Center Salesforce today unveiled plans for a new home for its Washington, D.C., operations, reinforcing the company’s long-term commitment to the region and to serving public sector customers and partners. “Washington is where policy, public service, and innovation intersect, especially as rapid technological change transforms how …
Presented at DMPED’s Downtown Defined summit on October 29, 2026. DC’s retail corridors are changing. Some are thriving. Others are finding their footing. The pandemic accelerated shifts that were already underway — in how consumers spend, where retailers choose to open, and what kinds of experiences generate foot traffic. To help navigate what comes next, …
District government commits $5M to DC startups, business groups D.C. Mayor Muriel Bowser’s administration is deploying $5 million across seven D.C. startups and three business development groups to boost tech startup growth in the District over the next two years. It also coincided with the publication of the District’s first report since the pandemic that …
Former Goldman bankers raise $15.5M for DC real estate startup Mogul Technologies Inc., a D.C. startup founded by former Goldman Sachs alums, is ramping up hiring to bring its residential real estate platform to more everyday investors after raising $15.5 million in outside funding. Draper Associates, the venture capital firm led by notable startup investor …
Major contract awarded for RFK campus project The Bowser administration is building the team that will deliver a long-planned 225,000-square-foot indoor sports complex at the evolving RFK campus. The sportsplex is billed as a premier indoor athletic facility that would support gymnastics, boxing, indoor track and field, as well as esports, according to DGS. “DGS’s …
DC strikes land swap deal to advance $500M wellness resort at Poplar Point The District has struck a tentative land swap deal with multiple parties, including the U.S. Navy and Park Police, to advance long-awaited plans for Poplar Point, including a $500 million wellness resort to be developed by Austria’s Therme Group. Also before the …
Howard, Catholic universities make big strides in U.S. News rankings Georgetown University is once again the region’s top-rated university, though the big mover among the top 100 was Howard University, which climbed 15 spots after dropping slightly last year. Catholic and Gallaudet were among the biggest movers in the overall rankings, with Catholic climbing 21 …
Federal government resumes DC metro hiring after months of cuts The U.S. government added more than 1,400 local jobs between May and July, according to the REVIVE Index, a monthly composite of more than 1,000 local economic data points sourced by CBRE. “The most important thing, without a doubt, is that the data shows the …
Keystone opens DC office; already needs more space The company occupies about 7,800 square feet at 1200 New Hampshire Ave. NW and needs to increase its footprint by another 25% — or 2,700 square feet — to accommodate its growing headcount, CEO Jeff Marowits said in a recent interview. Keystone has about 30 employees in …
DC’s Awani Capital raises $588 million for inaugural fund Awani Capital Management LP, headed by Daphne Dufresne, has secured $558 million from at least 29 investors for Awani Capital Fund LP, according to a recent Securities and Exchange Commission filing. Awani Capital is located at 3400 Idaho Ave. NW and has nine employees. Google leases …
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