ARLINGTON, VA–Lyft, one of the top providers of rider services, is opening a regional headquarters for the Mid-Atlantic region in Arlington. The company plans to provide marketing and driver services from this office.
According to Compstak, Lyft already leased some space at 2011 Crystal Dr. earlier this year. The Washington Business Journal reports that Lyft is expanding its presence in the building, with the $350,000 invested in a build out.
Virginia Governor Terry McAuliffe, whose office announced the news, said that 32 additional jobs will be created with the expansion.
“Lyft is thrilled to open our new office in the emerging innovation center of Crystal City,” said Lyft General Manager Steve Taylor in a prepared statement. “We're extremely pleased by the warm welcome we have received from Governor McAuliffe, and state and county officials. Building a strong presence in the DC area is crucial to Lyft's growth and we look forward to strengthening our ties to this area for years to come.”
The District also competed for this deal, according to the governor's office.
2011 Crystal Dr. is owned by Vornado, which makes Lyft's decision to lease space in one of its buildings particularly fitting. The REIT, after all, devoted a great deal of resources to help reposition Crystal City as a tech enclave and while the Lyft lease does not appear to represent a significant amount of physical space, its name has a cache among the creative office sector crowd that Vornado worked so hard to attract.
ARLINGTON, VA–Lyft, one of the top providers of rider services, is opening a regional headquarters for the Mid-Atlantic region in Arlington. The company plans to provide marketing and driver services from this office.
According to Compstak, Lyft already leased some space at 2011 Crystal Dr. earlier this year. The Washington Business Journal reports that Lyft is expanding its presence in the building, with the $350,000 invested in a build out.
“Lyft is thrilled to open our new office in the emerging innovation center of Crystal City,” said Lyft General Manager Steve Taylor in a prepared statement. “We're extremely pleased by the warm welcome we have received from Governor McAuliffe, and state and county officials. Building a strong presence in the DC area is crucial to Lyft's growth and we look forward to strengthening our ties to this area for years to come.”
The District also competed for this deal, according to the governor's office.
2011 Crystal Dr. is owned by Vornado, which makes Lyft's decision to lease space in one of its buildings particularly fitting. The REIT, after all, devoted a great deal of resources to help reposition Crystal City as a tech enclave and while the Lyft lease does not appear to represent a significant amount of physical space, its name has a cache among the creative office sector crowd that Vornado worked so hard to attract.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
