WDCEP News & Events

DC-area firms pull in $3.8B in venture capital over 12 months in AI boom Local firms have welcomed $3.8 billion in venture capital funding over the past 12 month-period ending in June, according to data compiled by real estate firm CBRE. That’s $1.8 billion more than the previous 12-months period. “You’ve got this relatively stagnant …

DC Reveals Vision For RFK Campus With Up To 6,500 Homes The city on Tuesday released its draft master plan for the 180-acre campus along the Anacostia River, set to be anchored by a 70,000-seat stadium for the Washington Commanders. Three of the six districts — the Kingman Commons, the Riverfront District and the Plaza …

Netflix finalizes lease for downtown DC office with screening room and entertainment space Streaming giant Netflix Inc. has finalized a deal to lease space in downtown D.C. for an office and entertainment destination, which will host private screenings, receptions and premieres. The company last month inked a lease with a Douglas Development Corp. affiliate to …

Transportation Department invests $466M in Union Station repairs and upgrades DOT said the funding breaks down into three buckets: $277.8 million for stabilization and good repair work, including security system upgrades, mechanical systems and repair work; $100 million for interim renovation and modernization work, including reconfiguring the station’s concourse layout; and $88 million for subbasement …