The D.C. Council voted 11–2 late Wednesday to grant final approval to a landmark development deal with the Washington Commanders that allows the team to develop a new stadium on the site where Robert F. Kennedy Memorial Stadium — the team’s previous home for decades — is in the process of being demolished.
The team has committed to spending $2.7B toward the construction of the new stadium and thousands of units of housing, 30% of which would be designated as affordable. It would lease the site from the District for 30 years …
“This will be the largest economic development project in DC history, it will supercharge our Growth Agenda, and we’re ready to deliver for our city — our businesses, our people, our project,” Mayor Muriel Bowser said in a statement.
Silicon Valley tech behemoth Nvidia is in talks to lease a sizable office in D.C. as its ties to the federal government deepen.
The Santa Clara, California-based company, the world’s dominant manufacturer of AI chips, is in the market for 30,000 square feet.
With the rapid adoption of generative AI and Trump’s November 2024 election to a second term, big tech has increased efforts to influence policy.
And ChatGPT creator OpenAI inked a 14,500-square-foot at 901 F St. NW, where the AI behemoth plans to open an office next year to boost its lobbying efforts and provide a showcase for its tech.
Anzu Partners — which got its start in D.C. in 2014 but now has no set headquarters — officially launched Lex Generalis on Thursday, though it has been operating in stealth since this spring. Services include intellectual property strategy, contracts, employment agreements and other essential services for startups and research institutions looking to grow early-stage companies.
Partner Cathryn Paine is leading the law firm as CEO and will continue to be based at Anzu’s D.C. office
The five-story museum and its 70,000 square feet of exhibits are influenced by the Milken Institute’s point of view, which prioritizes four main pillars it calls essential to the achievement of the American dream: education, health care, finance and entrepreneurship. The vision is told through hundreds of individual stories and galleries dedicated to each pillar with interactive elements, such as “hologram ambassadors” including Serena Williams, Spanx founder Sara Blakely and Dr. Sanjay Gupta.
Given its location at 15th Street and Pennsylvania Avenue steps from the White House, MCAAD Executive Director Rachel Goslins told reporters during a media preview Wednesday she expects the museum will be a major attraction.
“I think it’s a gift that we’re on Pennsylvania Avenue — 6 million people a year walk past our doors on a street that’s largely closed to the public,” said Goslins, the former director of the Smithsonian’s Arts and Industries Building.
“You can’t go into any of these buildings, and so to have a space on this street for all the people who come past our front door already primed to think about these large themes about what is America, and what is opportunity and where do we want this country to go, I think is an incredible opportunity and gift of this location.”