CoStar Group Relocates Headquarters to Arlington, VA
CoStar Group, a leading global provider of online real estate marketplaces, information, and analytics, will be moving its corporate headquarters from D.C. to the Central Place building in Rosslyn, Arlington. The move will bring 650 employees to the new HQ, adding to the area's vitality. CoStar will receive nearly $5 million in state economic incentives and pay Arlington County nearly $14 million for exclusive use of the "View of D.C." observation deck. The company's move continues Arlington's winning streak in attracting major corporate headquarters, and the funds from the deal will accelerate proposed changes to nearby Rosslyn Gateway Park by a decade.