Surety Bonds

Scooting Along: $4 Billion Transit Effort Underway In Virginia


Scooting Along: $4 Billion Transit Effort Underway In Virginia

Remember Amazon’s HQ2? After months of site speculation, demolition and building got underway last year in Arlington Virginia. Specifically, two 22 story office towers slated for completion in 2023 are rising in the Pentagon City neighborhood outside of Washington D.C., with Clark Construction as the general contractor.

 Of course increased business in the area requires increased attention to transit. And, we are not just talking about any new business—just imagine everything and everyone Amazon will need and attract around HQ2!

Construction Dive reports that transit projects funded through public-private partnerships totaling $4 billion are aimed at improving transit in and around the area now referred to as National Landing. This comprises parts of several northern Virginia neighborhoods including Crystal City, Pentagon City, and Potomac Yard. The region’s Business Improvement District (BID) has ambitiously envisioned how trains, planes, buses and bikes will connect people in and around the area:

The result will be a downtown district with unparalleled access — where you can catch the Metro across town for lunch, a train to New York or Richmond for the night, or a flight to a vacation in the Caribbean, all within walking distance. In short, National Landing is poised to become the most connected downtown in America.

 BIDS In Your Region?

With public-private partnerships achieving liftoff around the country, chances are good that your local Business Improvement District has projects in the pipelines too. What are you ready to build—and bid on?

Let Colonial Surety Company help you gear up with a special Partnership Account®. Apply and pre-qualify for a surety-line of credit that will help you grow your business with confidence. It’s easy to apply via Colonial’s efficient new online system—and all companies that apply receive, for free, Dun & Bradstreet scores.

 Pre-Qualify and Receive Free Credit Scores Now!

 Contractors who pre-qualify for a surety line of credit, go on to upload a few more documents that help Colonial better understand their operation and underwrite the Partnership Account®. 

Details, Please

 Transportation plans over the next decade for National Landing include the $90 million Second Metrorail station in Crystal City. It is being designed by JGB Smith and funded through a public-private partnership with Arlington County. It is scheduled to open by the end of 2023. Meanwhile, high-capacity bus service to Pentagon City will increase via a north to south transitway extension that includes dedicated bus lanes and is slated for completion in 2022.

The National Landing Business Improvement District is also committed to: improving human-scaled mobility — walking, biking, scooting, and other forms of next-generation mobility options in the region.

Contractors—why stand still? Get ready for the opportunities in your future with Colonial Surety Company. Secure a Partnership Account®  and:

 Gain control of bidding and bonding, online and in real time.

  • Utilize powers of attorney to seal and issue your own bid bonds—in minutes.
  • Compete with fast, confidential bid bonds—no middleman.
  • Order performance and payment bonds easily from a customized digital dashboard.
  • Track bids and work on hand in real time with free management reports.
  • Speak directly with Colonials lead underwriter as new opportunities emerge.
  • Leverage data on a private Owners Dashboard to view surety lines, adjust work on hand, analyze bids—and grow.

Learn more and pre-qualify for a Partnership Account now!

 Founded in 1930, Colonial Surety Company is a leading direct seller and writer of surety bonds and insurance products across the USA. Colonial is rated “A Excellent” by A.M. Best Company and U.S. Treasury listed.