SUMMER 2020

PUBLIC-PRIVATE PARTNERSHIPS LEAD TO TWO NEW HOSPITALS FOR DC

Mayor Bowser announces agreements for two new hospitals through public private partnerships. These deals highlight the DC’s government plan to build a healthier and more equitable DC.

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Workforce & Economy

D.C.-based workers compensation startup Pie Insurance has raised $127 million
The funding includes $27 million that will go to the business itself and another $100 million to form a new affiliated company—Pie Carrier Holdings. Read More

To learn more about Pie Insurance please visit WDCEP’s Technology Companies story map where Pie Insurance was highlighted as a feature company. Read More

More to Know:

• The District Enters Phase II of Reopening Strategy – the full plan can be found here
• Multiple New DC Restaurants Have Opened During the Pandemic
• The Environmental Protection Agency is planning to relocate 1,200 workers from Northern Virginia to DC
• A DC based technology company begun expansion into Asia by launching a joint partnership with Indonesia’s largest business media group
• San Francisco company moves HQ to the District
• Four DC companies featured in the 2020 Fortune 1000 rankings
• The following DC companies received substantial investor funding: Houwzer, Ordway, Byte Back, Foxtrot, Arcadia, Rose, Savi Solutions PBC, New Columbia Solar

Real Estate & Housing

New Health Facilities Announced at St. Elizabeths East
Whitman-Walker, a health care non-profit, has agreed to build an additional 116,000 SQ FT medical facility at St. Elizabeths East Campus. This opportunity, in addition with the District’s agreement with Universal Health Services to build another hospital on the campus, highlights DC’s commitment to improving the quality of life for District residents by equitably targeting the reduction of health, economic, and racial disparities of residents. Read More

More to Know:

• Developers in DC continue to break ground on new projects despite the pandemic
• The Armed Forces Retirement Home has selected a development team to redevelop 80 acres.

Transportation & Infrastructure

Major DC Public Transit Provider Creates Transportation Recovery Plan
WMATA released a gradual recovery plan for metro services that promotes safety first, while also ramping up regional mobility. This flexible blueprint for increasing services will allow the region to move forward with economic recovery efforts while protecting riders and Metro employees. Read More

More to Know:

• DC was recognized as one of the top ten most walkable cities in the United States
• DC embraces the increased use of micromobilty as public transit operates on modifies schedules

DC In the News

• DC was again recognized as the top city in the country for working women due to job opportunities, the chance for upward mobility and entrepreneurship, wages, and protections for mothers
• DC ranks #2 in the county for park access and quality