Michael Neibauer
@WBJNeibs
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Managing editor, Washington Business Journal. Office weather nerd. Always, permits. Philly (area) native and lifelong sports fan. [email protected]
Rosslyn, Virginia
Joined January 2009
As of Sept. 30, 2025, the outstanding balance on D.C.'s debt to finance Nats Park was down to $70,555, according to the District's fiscal year 2025 Annual Comprehensive Financial Report, released Friday. It started at $535M 20 years ago.
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My sleepy, sleety, slippery, snowy, slightly plowed suburban street.
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Caffè Nero revealed as Compass Coffee's stalking horse bidder. @WBJDan has the story...
bizjournals.com
Compass Coffee first revealed the existence of a stalking horse bidder when it filed for Chapter 11 bankruptcy protection on Jan. 6.
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Sky Zone is taking a big chunk of the former Fair Oaks Mall Sears, while the mall's former Lord & Taylor has sold to an international supermarket chain. Big-box looks a lot different these days.
bizjournals.com
Sky Zone will open a 48,000-square-foot trampoline park at Fair Oaks Mall in late 2026, filling the final big piece of the former Sears space.
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Construction plans are out for a new Insomnia Cookies at 701 Monroe St. NE in Brookland, next to the new Trader Joe's on the ground floor of the Everton. Not sure if a lease is official and I don't see permits filed yet, so can't say for sure this is a done deal.
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A Loudoun County winery is contemplating the addition of an 18-hole par 3 golf course...
bizjournals.com
Droumavalla Farm winery near Leesburg plans to add an 18-hole par-3 golf course on pastureland without land development or site changes.
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Chris Donatelli's historic DC home has sold amid a foreclosure threat and forgery allegations...
bizjournals.com
Chris Donatelli's Forest Hills home sold for $6.855M amid a foreclosure threat and a lawsuit claiming he forged his ex-wife's signature on loan documents.
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Developer pitches 450 units, retail in place of New Grand Mart and Pistone's Italian Inn on a site bordering the Seven Corners (from Hell) intersection...
bizjournals.com
Eakins Properties plans to replace New Grand Mart and Pistone's Italian Inn with 450 apartments and 30,000 sq. ft. of retail at Seven Corners.
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The two hotel sites at I-395 and South Glebe (Comfort Inn and Hotel Pentagon) have sold for $50M in advance of a 500-plus unit residential redevelopment...
bizjournals.com
Crescent Communities and Rockefeller Group bought two Arlington hotel sites for $50M to build 531 units, despite a neighboring church's opposition.
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There is somehow room for another fast-food joint in the 400 block of Eighth Street SE. Wingstop is coming, between Dunkin' and Maman Joon...
bizjournals.com
Wingstop is coming to Barracks Row on Capitol Hill, pending approval from the Board of Zoning Adjustment for a fast-food operation special exception.
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The Henderson Buildings at 16th Street and Park Road NW in Mount Pleasant are under contract to a DC developer. Plans are to expand up and back, and convert to residential...
bizjournals.com
Dila Development plans to convert the historic Henderson Buildings in Mount Pleasant into condos and apartments, with the property under contract.
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Ashok Bajaj has closed French restaurant La Bise, which replaced the Oval Room at 800 Connecticut Ave. NW. Lunch crowd just wasn't there to sustain it. News from @WBJDan...
bizjournals.com
Ashok Bajaj closed La Bise ahead of its lease expiration, citing changes in the Connecticut Avenue corridor and lack of lunch traffic near the White House.
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Virginia's data center tax abatement is estimated to have topped $1.5B in fiscal 2025. Loudoun County, meanwhile, estimates it will collect more than $750M in computer equipment taxes alone in fiscal '26.
bizjournals.com
Virginia's data center tax abatement rose to $1.6B in fiscal 2025, up from $1.02B the year before, fueling the state's data center dominance.
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Two-level slime experience, Sloomoo Institute, to take former Paul Mitchell beauty school space (and more) at Tysons...
bizjournals.com
The Sloomoo Institute is building a $3.8 million slime experience at Tysons Corner Center, joining other experiential retailers at the mall.
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Two vacant Northern Virginia big-box stores, one at Manassas Mall and the other at Dulles Town Center, are vying to replace the shuttering Dulles Expo Center. Or it could be both.
bizjournals.com
Retail spaces in Loudoun and Prince William counties are being converted into event centers to replace the Dulles Expo Center, closing in December.
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Expedited permit filed with Fairfax County to convert 109,000sf of the soon-to-shutter Dulles Expo Center into an Ikea, as previously reported.
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It appears the record for D.C.'s most-expensive condo has been smashed, with a pair of adjacent units at the Ritz-Carlton Residences Georgetown going for $18.5M combined. Deal was closed super quietly...
bizjournals.com
Luxury home sales in D.C. area soar as Trump's second term attracts wealthy buyers. Explore 11 top deals, plus a record-setting condo sale we just found out about.
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