Boeing’s move to Arlington pushes ‘tech hub’ vision closer to reality

Boeing’s move to Arlington pushes ‘tech hub’ vision closer to reality
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When Amazon announced it would be bringing its second headquarters to Arlington, local officials wasted no time pitching it as a chance to build something much bigger: This corner of Northern Virginia, they said, could transform into a dense, urban technology hub — a kind of eastern outpost for Silicon Valley.

More than three years later, that vision seems like it’s no longer just an idea.

For boosters of the area now dubbed “National Landing,” the leaked announcement last week that Boeing would be moving its own headquarters to Arlington shows that a neighborhood once known solely as the home of the Pentagon is well on its way to becoming a regional “innovation district.”

And for economic development experts, the aerospace giant’s move from Chicago also underscores the success of Virginia’s economic development strategy, which has focused on luring companies by growing and diversifying the state’s tech workforce.

But if Boeing’s decision signals that more companies could soon be coming to the area, they say, it’s also a warning sign: All the pain points associated with explosive growth in Seattle or the San Francisco Bay area — sky-high housing prices, chronically congested roads, a widening rift between the rich and the poor — may become even more acute in a wealthy county that already suffers from similar woes.

Boeing to move headquarters from Chicago to Arlington, Va.

Boeing’s move to Arlington “puts an even greater premium on the work the region has been trying to do to build its digital talent pipeline,” said Amy Liu, a vice president at the Brookings Institution and director of its Metropolitan Policy Program.

“But we have to be very intentional about the people who will benefit from this growth,” Liu added. “Otherwise, we are going to further widen inequities in this region.”

Besides Amazon’s new offices, the “National Landing” corridor is anchored around a graduate engineering campus that Virginia Tech is building in Alexandria’s Potomac Yard neighborhood. The 3.5-acre facility is being funded in part by $545 million from Virginia state coffers, in addition to $50 million from Boeing.

The weapons and jet manufacturer already has a 400-person office in Arlington’s Crystal City neighborhood, and it said it has no immediate plans to expand its footprint or shift over employees from Chicago aside from a few top executives.

Boeing’s move to Virginia will mean few new jobs in D.C. region

Terry Clower, a public policy professor at George Mason University’s Schar School of Policy and Government and the director of its Center for Regional Analysis, said that Boeing’s decision nonetheless gives National Landing a good set of “bragging rights.”

Boeing has also said it will build a research and technology hub to focus on innovating in cybersecurity, quantum sciences and other fields, though it has so far offered few details on where that hub will go or what it might look like.

“If you put that [Boeing] on top of the Amazon HQ2 announcement and the presence

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Why Superior Internet Design Is The To start with Move In Conserving Black-Owned Banks

Why Superior Internet Design Is The To start with Move In Conserving Black-Owned Banks

By Daniel Griggs, the founder of ATX The Manufacturer, a tech agency targeted on fixing complications, creating firms and strengthening communities.

The banking market has built a comeback due to the fact the economical disaster of 2008, partly because of to digital transformation and mobile banking initiatives. In 2018, fintech funding strike approximately $33 billion, up 82% from 2017, and a record $2 trillion was deposited into U.S. banks since the start off of the pandemic.

Although main monetary institutions have been able to recoup their losses, several smaller sized financial institutions and credit unions continue on to undergo, and Black-owned banking companies might have been strike most difficult of all. Given that 2008, half of the nation’s Black-owned economic establishments have closed, leaving only 21 across the total nation as of 2021. Complete assets held by Black-owned financial institutions have also declined by 25% considering that 2008.

Black-owned financial institutions have been recognized in 1865 immediately after Congress chartered the Freedman’s Cost savings Lender for former slaves. However these crucial establishments are in threat of dying out if they do not apply sustainable digital strategies and present the engineering and instruments that today’s modern consumer has arrive to anticipate. According to a person survey executed by Chase, 54% of grownups reported “they use electronic banking applications much more now, thanks to the pandemic, than they did very last yr.” It is really not shocking that the identical research observed that “99% of Gen Z and 98% of millennials use a mobile banking app.” That indicates that, in buy to keep pertinent, seize more youthful markets and grow their membership, Black-owned banking companies need to have a digital transformation—a subject I’ve covered in element.

This could be a prolonged and complex procedure for some Black banking companies, but it’s important that they existing on their own as modern-day and evolving with current and potential situations. The 1st action in this course of action is to make guaranteed they have a site that’s remarkable and aesthetically satisfying to present day consumers.

As the CEO of a web design, world wide web improvement and electronic marketing and advertising company, I have learned that presentation is anything. In my working experience, when a person lands on your website, the pretty initially factor they will do, ahead of even searching for data, is to decide whether the web site appears credible and value the financial investment of their time. If a banking web page doesn’t sense the two modern and secure, it is going to switch a visitor absent right before they even look at becoming a member at that financial institution.

In performing with a big Texas credit history union not long ago, my team discovered that there were being various main features to aiding financial establishments reinvent by themselves digitally and expand their membership by technological innovation. These include things like:

• Site Load Time: In accordance to Google, as web site load time goes from a

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