Tysons, VA

Future Offices? — “Before the pandemic shut down businesses, a robust economy had powered a building boom, sending office towers skyward in urban areas across the United States… Developers were confident that the demand would remain strong. But the pandemic darkened the picture.” [Washington Business Journal]

Protest Held in Vienna — “Hundreds showed up to protest racial injustice in Vienna Wednesday evening after the death of George Floyd in Minneapolis police custody. The event on the Town Green remained peaceful, and most attendees wore face masks.” [Vienna Patch]

U.S. Senate OKs Changes to PPP — “The U.S. Senate approved sweeping changes to the Small Business Administration’s Paycheck Protection Program Wednesday evening… The bipartisan bill… extends the eight-week period under which loan recipients can spend the PPP money while also addressing other details that have bedeviled small businesses in the hospitality realm.” [Washington Business Journal]

Movie Theater at Tysons Corner Center May Not Survive — “AMC Theatres said Wednesday it has ‘substantial doubt’ the company can remain in business after the coronavirus pandemic forced the closure of all of its locations… All AMC locations are closed through June, and the company said it has enough money to reopen theaters this summer. However, if not allowed to reopen, the company said, it may be unable to borrow the funds needed to continue operating.” [Patch]

How Vienna Will Use CARES Act Funding —  “Vienna officials have identified 10 spending categories for the nearly $2.9 million in federal Coronavirus Aid, Relief, and Economic Security (CARES) Act funding appropriated June 1 by the Vienna Town Council.” [Inside NoVa]

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