Crystal City Underground shops slated for closure

After a run of nearly five decades, It will soon be lights out for the eclectic collection of restaurants and shops known as Crystal City Underground.

Most of the subterranean mall's more than two dozen tenants are slated to close by the end of October, according to the property’s owner, an affiliate of JBG SMITH . Read more

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Shootings at Decades, Desperados spark new questions of D.C. nightlife safety

A string of high-profile shootings at popular nightlife venues has ignited a fresh wave of anxiety about customer safety — prompting businesses and local leaders to reassess how to keep visitors safe during a night on the town. Read more

Emergent BioSolutions eliminating 300 jobs, shutting down multiple facilities

Emergent BioSolutions is making substantial cuts to its workforce and footprint in yet another move to cut costs and improve its financial outlook.

The company is closing “several” manufacturing facilities and restructuring — eliminating about 300 employees across all areas and another 85 open positions — “to improve the performance and profitability of its business,” it said. Read more

Burke & Herbert finally closes first merger in its long history

Alexandria-based Burke & Herbert Bank and West Virginia’s Summit Financial Group, Inc. finally closed their merger of equals Friday morning. Read more

RFK Stadium cleared for demolition

The National Park Service has determined RFK Memorial Stadium in D.C. can be demolished with no significant impacts to the natural, cultural and human environment — another step forward in the hopeful redevelopment of an 190-acre tract in the District. Read more

JBG Smith shuttering three obsolete National Landing offices

JBG SMITH is moving ahead with longtime plans to remove several aging office buildings in National Landing from service, directing tenant demand toward buildings with better prospects in an oversupplied office market. Read more

Alex Rodriguez-backed SPAC to take Falls Church telecom public

A special purpose acquisition company founded by former professional baseball star Alex Rodriguez is planning to take a Falls Church startup public, but the young company is hoping to raise additional funding before then. Read more

This Weekly Edition was compiled by Alan Kline Questions? Comments? Concerns? Send them to [email protected]