DC Water CEO David Gadis Highlights Urgent Infrastructure Needs and Future Solutions

Category: Latest Updates

DC Water CEO David Gadis Highlights Urgent Infrastructure Needs and Future Solutions

Posted on by Board of Trade

The Board of Trade hosted DC Water CEO and General Manager David L. Gadis on Feb. 26 for an insightful discussion with regional industry leaders. The conversation provided a comprehensive look at the challenges and opportunities facing the District’s water system.

With 80% of the infrastructure exceeding its expected lifespan, including pipes dating back to the Civil War, Gadis emphasized the urgent need to address system vulnerabilities. He warned that a major system failure could cost the region up to $150 million per day in losses, a number that would continue to grow with each additional day of service disruption. Additionally, he highlighted the District’s reliance on a single water source, making it the only major U.S. city without a secondary supply.

The discussion also explored the need for federal approvals and investments to secure additional water sources and storage facilities, such as the Travilah quarry. Securing these alternatives is essential to strengthening the region’s long-term water resilience, and DC Water is continuing to monitor any potential financial cutbacks at the federal level that could impact funding for its projects.

Gadis addressed questions about DC Water’s strategy for maintaining a sustainable and reliable water supply. He stressed the importance of public-private partnerships in advancing key initiatives while ensuring water affordability. He also highlighted ongoing projects like the Lead Free DC Initiative -to replace lead service lines- and the Clean Rivers Project – a large-scale tunnel project designed to reduce pollution and enhance the system’s resilience.

CHECK OUT MORE EVENT PHOTOS HERE

With global challenges like sea-level rise and aging infrastructure, Gadis underscored the need for proactive measures and sustainable practices. Through continued collaboration, innovation, and forward-thinking initiatives, DC Water remains committed to delivering high-quality, sustainable water service to the D.C. community for generations to come.

Gadis also spoke extensively about the importance of D.C.’s Anacostia and Potomac rivers and the ongoing need for effective monitoring systems. He emphasized collaboration with the Army Corps of Engineers and localities in Virginia and Maryland to ensure continued improvements in water quality.

He highlighted the critical role of partnerships in maintaining the health of these waterways, particularly after storms, which require coordinated cleanup efforts along the Anacostia River. He also noted the need for ongoing monitoring of the Potomac River to detect and address potential threats, such as droughts or algae blooms, that could impact water filtration and supply.

In closing, Gadis spoke about his journey to becoming the head of DC Water as a third-generation water utility professional, including his previous stint as the President and CEO of the Indianapolis Water Company. It was an inspiring moment when he shared how his career path has allowed him to help people and serve communities, including helping provide water to more than 700,000 District residents and 25 million annual visitors as the leader of DC Water.

Thank you to DC Water and David L. Gadis for engaging our membership about water resiliency and the need to look at the region’s water systems as a vital economic source that must be invested in and maintained for the future of our communities.

LEARN MORE ABOUT REGIONAL WATER SUSTAINABILITY EFFORTS 

Report: Alarming Economic Impacts on DC Region if Faced with Water Supply Disruption

Building Bridges: A Community Dialogue on the Future of 11th Street Bridge Park

Posted on by Board of Trade

The Board of Trade convened an impactful discussion at Accenture’s Innovation Hub in Downtown D.C. on March 5, bringing together business leaders, nonprofit organizations, and community stakeholders for A Community Conversation with 11th Street Bridge Park. This event, part of our broader Pathways to Prosperity initiative, underscored the power of collaboration in advancing equitable economic growth across our region. 

The 11th Street Bridge Park project of the Ward 8 non-profit Building Bridges Across the River is a national model for business-nonprofit collaboration that will bridge community access from Navy Yard to Anacostia. Board of Trade members, regional leaders, and changemakers engaged in a dynamic exchange about this investment and others shaping the region’s future, particularly in historically underserved areas.

A Collective Commitment to Inclusive Growth 

The conversation showcased the dedication of our partners, Accenture, 11th Street Bridge Park, Comcast, TD Bank, and many others, who are working to expand economic opportunities and build stronger communities.

The discussion reinforced a critical point: there are countless challenges that can derail projects, but success is built through persistence, partnership, and a commitment to economic, environmental, and community well-being. This initiative is about more than just a bridge; it is about cutting through the noise, focusing on investments that create impact, and ensuring that community-driven development leads to long-term prosperity. 

VIEW MORE PHOTOS FROM THIS EVENT

Leveraging Strengths to Drive Impact 

One of the most compelling takeaways from the event was the recognition that no one entity has all the answers, but together, we bring the expertise and resources necessary to drive meaningful change. Collaboration is not just beneficial; it is essential for achieving sustainable economic progress. 

While the moral case for inclusive economic development is well understood, the event emphasized the economic imperative of investing in communities. With over $1 billion in economic development expected in Ward 8 over the next five years, now is the time to be intentional about ensuring these investments serve the local community. Through partnerships with trusted organizations, we can help expand market opportunities, enhance financial literacy, and create stronger, more resilient businesses. 

An Opportunity to Get It Right 

The stakes are high, but so is the potential for transformational impact. The Board of Trade remains committed to amplifying initiatives that foster whole-community solutions, addressing systemic barriers, and creating pathways for generational economic mobility. 

This event aligns directly with our Pathways to Prosperity and Business Growth Initiative frameworks, which focus on advancing equitable access to capital, business growth, and workforce development as key drivers of regional success. By continuing to champion public-private-philanthropic collaborations, we can help build an inclusive economy that benefits everyone. 

Looking Ahead: Join the Movement 

The Greater Washington Board of Trade will continue to bring leaders together to drive forward-thinking conversations and actionable strategies for regional economic growth. We invite our members and stakeholders to stay engaged, whether by attending future convenings, participating in leadership workshops, or collaborating on initiatives that expand economic opportunity. 

If you’re interested in learning more about our efforts or becoming part of the solution, contact us today. Together, we can build a stronger, more inclusive regional economy. 

Full Recording of 11th Street Bridge Park Conversation

Congress Should Preserve DC’s Home Rule and Withdraw the Bowser Act | WBJ Viewpoint

Posted on by Board of Trade

Federal Policy & Washington DC’s Economic Future

The future of Washington, D.C., as a vibrant economic hub, depends on smart federal policy decisions that ensure continued investments, support the workforce, and keep agencies in the region. The proposed Bowser Act would restrict D.C.’s self-governance by imposing an additional layer of federal oversight, a change that could impact the city’s future growth and success.

In a new Washington Business Journal viewpoint, Board of Trade President & CEO Jack McDougle discusses why federal officials must work with the D.C. Government to ensure the District has long-term economic stability. As Congress considers policies for the District, such as the Bowser Act, it’s essential to recognize its broader implications for businesses and communities.

READ THE FULL ARTICLE HERE

D.C. is not just the seat of the federal government; it’s a vital economic hub that drives regional and national prosperity.

The Board of Trade continues to advocate for policies that:

  • Retain federal agencies in the region to sustain jobs and economic activity 
  • Support workforce transitions and investments in economic mobility
  • Preserve D.C.’s ability to govern itself, ensuring the region remains competitive and economically resilient 

Federal policy decisions don’t just impact the District, they shape Greater Washington’s entire regional economy.

ABOUT THE BOARD OF TRADE

The Greater Washington Board of Trade, founded in 1889, is the region’s premier non-partisan business organization representing industry, nonprofits, universities, and government agencies. The Board of Trade addresses complex and always-evolving business concerns that stretch across the District of Columbia, suburban Maryland and Northern Virginia, with a priority focus on inclusive economic growth, improving the business climate, and enhancing the region’s economic competitiveness.  

READ MORE POLICY ISSUES AND TOPICS THE BOARD OF TRADE IS FOLLOWING

LEARN ABOUT UPCOMING BOARD OF TRADE MEMBER OPPORTUNITIES

A Community Conversation with 11th Street Bridge Park

Fireside Chat on AI with Congressman Don Beyer

Beyond the Data: 2024 NAEP math results are alarming

Posted on by Board of Trade

Below is a letter on the Release of 2024 NAEP Math Results from our member and partner at the Collaborative for Student Success that the Greater Washington Board of Trade has signed on to and supports:

The latest National Assessment of Educational Progress (NAEP) results in mathematics should alarm us all and spur urgent action — particularly as recent research shows that math scores are closely tied to salary at age 30 for children of all backgrounds.1 Yesterday’s release of the Nation’s Report Card highlights significant and ongoing challenges in student math achievement — challenges that must be addressed by states, districts, and schools to prepare students for the workforce demands of today and tomorrow.

“Every time our nation is faced with low results on the NAEP exam, we express shock and dismay at the state of math education in our country,” said Jim Cowen, Executive Director of the Collaborative for Student Success. “But 48 hours later, the headlines fade, and little changes. This time must be different. Let’s commit to concrete action to improve math achievement for all students.”

We, the undersigned, recognize the challenge these results present. Rather than dwell on the numbers, we call on states and districts to take decisive action by adopting policies that will raise student math achievement. United, we ask policymakers to embrace bipartisan solutions that help ensure all kids — especially those from under-resourced communities — have access to a high-quality math education.

Together, we recommend six key strategies, backed by research and practice:

  • Expand access to high-quality instructional materials aligned to rigorous standards.
  • Provide educators with high-quality professional learning focused on effectively using instructional materials in the classroom.
  • Increase instructional time by extending learning opportunities before, during, and after the school day.
  • Automatically enroll students into advanced math courses based on objective assessment results or other data.
  • Hold teacher preparation programs accountable for equipping teachers with the skills and content needed to succeed in math instruction.
  • Leverage math coaches at the school or district level to work closely with teachers to improve classroom practice and, ultimately, student math achievement.

Moreover, we call upon local leaders to directly connect the math needs of our students to the workforce necessities of our communities. There’s no question that the more students that have a strong math education, the stronger our workforce will be.

“Business and industry leaders across our region, and the nation, are seeking applicants with strong math, reasoning, and data analysis skills,” said Jack McDougle, President & CEO, Greater Washington Board of Trade. “Both a child’s potential for success and the future health of our workforce are dependent on equipping students with the skills that math helps form and strengthen.”

Progress is Possible — and Already Happening
States across the country are proving that progress is within reach:

  • Rhode Island and Mississippi alike have taken concrete steps to increase access to high-quality instructional materials in math.
  • Texas, Washington, and North Carolina have implemented automatic enrollment policies to ensure students are not overlooked for advanced math coursework.
  • Arkansas and Massachusetts have strengthened teacher preparation programs, requiring higher standards for math instruction.
  • Alabama and Colorado are offering programs and resources that empower teachers to improve instruction and extend learning beyond the classroom.

These success stories demonstrate that bipartisan action can yield real results. Now is the time for every state and district to follow their lead.

Yes, the NAEP results are concerning — but we cannot let them be the final word. Instead, they should be the starting point for collective action. Together, we can ensure that every student has the opportunity to excel in math.

It is time to move past the data and ensure that our collective actions speak louder than the numbers released yesterday.

Below are companies and organizations that have signed on to support this letter: 

A+ Education Partnership
Best NC
Collaborative for Student Success
EdTrust
EdTrust-West
Educate Texas
Education Reform Now
Educators for Excellence – NY
EmpowerK12
ExcelinEd
Greater Washington Board of Trade
Just Equations
Maryland Out of School Time Network
Maryland STEM Education to Employment Ecosystem
Memphis Lift
Nashville PROPEL
National Alliance for Public Charter Schools
National Council on Teacher Quality
National Parents Union
NewMexicoKidsCAN
OhioExcels
Parent Shield Fort Worth
Powerful Parent Movement
Prichard Committee
STEM Center of Excellence, Inc.
Thomas B. Fordham Institute
TNTP
Zearn Math

Looking Ahead: The Road to 2025 and Beyond for GWBOT Policy Team

Posted on by Board of Trade

The Greater Washington Board of Trade’s Policy team has been busy engaging with key stakeholders, tracking critical legislation, and continuing conversations around crucial initiatives to start the year. As we look forward to an exciting 2025, our policy team is gearing up to tackle a wide range of pressing issues that will shape the future of our community, economy, and workforce. From transportation and technology to workforce development and economic growth, we are committed to addressing the challenges and opportunities that lie ahead.

Here’s an overview of the key issues we’ll be focusing on in the coming year: 

Transportation: Budget Negotiations, Autonomous Vehicles, and Regional Connectivity  

In 2025, transportation remains a critical area of focus. The Washington Metropolitan Area Transit Authority (WMATA) funding will be a central issue as we work to ensure the sustainability and reliability of the region’s transit network. Securing stable, long-term funding for WMATA is essential for maintaining services and improving infrastructure to meet growing demand, which is an effort that Jack McDougle, President and CEO of the Greater Washington Board of Trade, has played a pivotal role in advancing as the DMVMoves Community Partners Advisory Group Chair for the DMVMoves initiative. The coalition brings leaders in the District of Columbia, Maryland, and Virginia together to develop a unified vision that will deliver a more efficient, reliable, and seamless experience for transit users across our region. Enhancing rail infrastructure can reduce congestion, lower emissions, and improve access to economic opportunities across the region. 

Additionally, the rise of autonomous vehicles is poised to revolutionize how we approach transportation, and our team will be monitoring regulatory developments and opportunities for integration. We will continue to advocate for policies and opportunities that support innovation while ensuring safety and accessibility.  

Technology: AI, Data Centers, and Digital Transformation 

In the technology sector, 2025 will bring an increasing focus on artificial intelligence (AI) and the growth of data centers, which will play a critical role in shaping industries, workforces, and policies across the Washington, D.C. region. As digital transformation accelerates, AI will continue to revolutionize sectors like healthcare, defense, cybersecurity, and education, creating new opportunities and challenges. In tandem with this technological evolution, the region is seeing a surge in the development of data centers, which are essential for supporting the vast amounts of data AI systems require to function effectively. These data centers not only support the AI-driven innovations but also enable the broader digital economy by providing the backbone infrastructure for cloud computing, storage, and high-speed connectivity.  

On the heels of President Trump’s recent announcement of  an investment of $500 Billion over the length of his presidency, the policy team will remain engaged with stakeholders to ensure that AI and data centers are developed in a manner that meets our region’s growing demands for a robust technological infrastructure such as reducing the digital divide, fostering workforce development in AI and tech sectors, and creating a balanced, equitable approach to inclusive economic growth.  

Follow news and updates on policy and legislation in the region on our GWBOT Policy & Priorities web page

Workforce Development: Federal Workforce Return to Office, Public-Private Partnerships, Automation  

The return to a full, five-day workweek for federal employees, as outlined in recent executive action taken by President Trump, will have significant implications for workforce development. Our team will monitor the impact of these changes, and we will also continue to support initiatives that foster workforce development, particularly as industries evolve in response to technological and workplace advancements. 

Federal workforce initiatives will remain a priority as we work to ensure that government agencies attract and retain top talent in an increasingly competitive job market. This includes advocating for policies that promote professional development and training programs to equip workers with the skills they need to succeed in the digital age, as well as taking a comprehensive well-round approach to what attracts skilled workers to the region including housing affordability, cost of living, and opportunities for advancement.  

Economy: Tax Reform, Housing Affordability, and Hospitality 

In 2025, our team will also focus on key economic issues, including possible tax reform initiatives in Virginia, Maryland, and the federal government. Recent state legislation in both Virginia and Maryland has proposed tax reforms aimed at easing the financial burdens on residents and businesses, such as efforts to reduce income taxes, automobile taxes, and reform business taxes to encourage investment and job growth. Housing affordability remains a significant challenge, as the D.C. metro area continues to experience high demand as a desirable location to settle in. Meanwhile, the hospitality sector, a key driver of the regional economy, is undergoing change once again as it responds not only to the COVID-19 pandemic but also to the impending return-to-work executive order, which is expected to drive up demand for these services and have an impact on the Downtown DC Revitalization Plan. 

As we monitor and engage on these economic issues, our goal will be to ensure that tax policies, housing strategies, and support for hospitality contribute to a thriving, resilient regional economy. Our team will stay engaged with stakeholders to ensure that reforms foster economic growth, improve quality of life, and enhance the D.C. region’s competitive position. 

Regionalism: How the Region Continues to Engage with the Federal Government 

The Washington, D.C. region is home to a remarkable concentration of federal agencies, business and thought leaders, innovators, entrepreneurs, scholars, to name a few. This unique proximity enables unparalleled collaboration between the federal government, local, and state governments, fostering an environment where policies can be developed, implemented, and refined efficiently. The concentration of federal agencies in this region not only enhances governance and drives innovation, but also generates billions in economic activity, creating jobs and supporting businesses of all sizes. The synergies created by this ecosystem contribute to the broader regional economy, particularly through federal investments.  

Projects like the Metro expansion exemplify how these investments can improve quality of life while stimulating economic growth. Furthermore, effective coordination between federal, local, and state leaders ensures that investments in vulnerable communities—ranging from affordable housing to workforce development—reach those who need them most, helping to realize the vision of a thriving, inclusive region. The Greater Washington Board of Trade will continue to work together across all levels of government, to ensure that the Washington, D.C. business community and government can continue to collaborate to maximize the region’s economic and societal impact. 

Looking Ahead: The Road to 2025 and Beyond 

While these issues are top of mind, our policy team remains vigilant in identifying emerging challenges and opportunities on the horizon. Whether it’s navigating policy shifts or advancing crucial regional efforts, we are committed to adapting and leading the way in shaping policies that benefit our community and economy. In the coming year, we will continue to collaborate with stakeholders, engage in thoughtful dialogue, and advocate for evidence-based solutions that drive progress and innovation. Together, we look forward to making meaningful contributions toward a prosperous and sustainable future. 

Virginia gubernatorial candidate Abigail Spanberger meets with Greater Washington’s business community

Posted on by Board of Trade

Former Congresswoman and current Virginia gubernatorial candidate Abigail Spanberger recently engaged with our members in a discussion hosted at our office in Downtown D.C. that highlighted critical issues shaping Virginia’s future. 

Spanberger shared her vision to make Virginia the best place to live, work, and raise a family, focusing on workforce development, transportation, housing, and innovation. Her approach emphasizes collaboration between both the public and private sectors in our region to address regional challenges and capitalize on opportunities for growth. 

Explore her insights on transportation priorities, technological innovation, and workforce development in our detailed recap below:

Strengthening Virginia’s Workforce 

Spanberger underscored the importance of preparing Virginia’s workforce to be ready on day one post-graduation. She aims to prioritize education, workforce training, and initiatives like paid family leave to create an environment where families and businesses thrive. A well-trained workforce, she noted, is the backbone of the economy, driving innovation and growth across sectors. 

Transportation and Infrastructure Priorities 

Transportation remains a critical area for Virginia’s economic vitality. Spanberger highlighted the integral role of the Metro system, particularly in Northern Virginia, in connecting the region and boosting the local economy. She advocated for sustained funding for regional transit systems like Metro, emphasizing their impact on commuting, tourism, and business operations. Additionally, Spanberger called for a unified statewide strategy on infrastructure, including bridges, roads, and broadband, to ensure equitable development across urban and rural areas. 

Affordable Housing and Economic Development 

Affordable housing is a widespread challenge in Virginia, affecting industrial, factory, and service workers in both urban and rural areas. Spanberger supports innovative public-private partnerships to increase housing supply and affordability, tailored to the diverse needs of the workforce. Her vision includes leveraging cross-state insights and working with builders to address unique regional challenges. 

Innovation and Technology 

Former Congresswoman Abigail Spanberger sees technology, particularly AI, as a powerful tool for advancing Virginia’s capabilities. She encouraged leveraging AI to streamline operations, identify irregularities, and drive efficiencies across sectors. By embracing AI and other innovations, Virginia can position itself as a leader in tech-driven growth. 

Veterans and Second Careers 

With its significant military presence, Virginia has a unique opportunity to attract veterans transitioning to civilian careers. Spanberger stressed the need for better communication about resources that are available to veterans through the Virginia Department of Veterans Affairs, ensuring veterans have access to employment opportunities and support networks. 

Public-Private Collaboration 

Spanberger emphasized the importance of collaboration between government and businesses. From expanding broadband access to addressing workforce challenges, she pointed to public-private partnerships as essential for achieving lasting solutions. Engaging businesses in the legislative process through white papers and research ensures policymakers are informed and equipped to address evolving challenges. 

A Regional Perspective 

Spanberger also reflected on how federal policymakers perceive Virginia and the Greater Washington region. While the proximity of Northern Virginia to federal institutions offers advantages, it can also lead to regional issues being overshadowed by other priorities. Building stronger relationships between regional stakeholders and federal decision-makers is key to advancing collective goals. 

Moving Forward: A Call to Action 

Spanberger’s insights underscore the importance of collaboration and strategic planning to tackle Virginia’s most pressing issues. Whether through policy initiatives, public-private partnerships, or workforce investment, her vision offers a roadmap for creating a vibrant, equitable, and innovative Virginia. 

More policy discussions with the Board of Trade in the months to come

Thank you to Abigail Spanberger for joining us for this important discussion. We look forward to further policy discussions with leaders this spring and summer, including seperate discussions with both Virginia Lt. Governor Winsome Earle-Sears and Maryland Lt. Governor Aruna Miller. We also have a firstside chat on airtificial intelligence with Don Beyer in early-April.

Upcoming Opportunities for Regional Government and Business Leaders:

Join us for our 105th Mid-Winter Dinner, presented by G.S. Proctor & Associates, Inc., and enjoy an evening of elegance and entertainment at the Washington National Cathedral! This black-tie gala includes a delicious three-course dinner and allows you the opportunity to mix and mingle among the region’s most prominent business leaders and government officials. This is one of our premier networking events that helps our member and partner organizations fully take advantage of the Board of Trade and its connections with the community that we continue to help grow.

CLICK HERE TO LEARN MORE

Join us for Coffee & Conversation, where member executives engage in interactive, peer-to-peer discussions on timely topics impacting the business community. These conversations play a vital role in shaping programs and policies that drive the region’s economic resilience, workforce development, transportation systems, technological progress, and overall health and wellness.

CLICK HERE TO LEARN MORE

Inauguration Day Regional Safety & Travel Guide

Posted on by Board of Trade

Stay Safe & Connected on Inauguration Day

Local and federal agencies in D.C. continue their preparations for the 60th Presidential Inauguration on Jan. 20, a pivotal time for Downtown D.C. and the Greater Washington region. This update shares information provided by transportation, government, and business leaders. Pay close attention to the resource links below for real-time information on travel and safety.

View the Public Walking Safety Map provided by Federal Officials

Safety & Transportation Information

Rally ahead of Inauguration Day at Capital One Arena on Jan.19

A rally is scheduled to take place ahead of Inauguration Day at Capital One Arena on Sunday, Jan. 19. According to the DowntownDC BID, which is following a variety of closure and parking information for Downtown residents and businesses, these streets will be closed to vehicle traffic on Sunday, January 19, 2025, from approximately 12:01 a.m. to approximately 6:00 p.m.:

  • 7th Street from H Street NW to E Street NW
  • 6th Street from H Street NW to E Street NW
  • 5th Street from H Street NW to E Street NW
  • G Street from 9th Street NW to 7th Street NW
  • G Street from 6th Street NW to 4th Street NW
  • F Street from 9th Street NW to 4th Street NW

Learn more about the rally from here: https://bit.ly/4gV2evM

WMATA sets route and station closures for Inauguration Day

Beginning Sunday, Jan. 19, until Tuesday, Jan. 21, buses will detour daily due to the 60th Presidential Inauguration and specific Metrorail transit stations will be closed in the Downtown area including Archives-Navy Memorial-Penn Quarter Station, Federal Trianlge Station, McPherson Square Station, Mt. Vernon Square/7th Street-Convention Center Station, and the Smithsonian Station.

Please allow additional travel time and avoid the area if possible. Learn about all the closures WMATA has announced here: https://bit.ly/407R1Rl

D.C. Government & Metropolitan Police Department

D.C. officials and leaders will be on high alert for Inauguration Day and the large number of people and activities going on downtown. Inauguration Day is a National Special Security Event, which helps D.C. get better support from federal law enforcement agencies and the military to keep the District safe. D.C. Mayor Muriel Bowser and her office are helping residents in the region better understand traffic restrictions during Inauguration Day, which can be viewed here: https://bit.ly/4g6bkow

In addition, MPD is working with local and federal authorities to keep people in the downtown area safe and is providing updates here. Please report threats and emergencies to 911. Keep your community safe by reporting suspicious activity by calling 202-727-9099, texting 50411, or visiting iwatchdc.org.

Capital Police:

The National Park Service (NPS) has instituted a partial closure in Lafayette Park and along the White House sidewalks for public safety in support of preparation and activities associated with the presidential inauguration. Closures will remain in place through February 2025. The northern part of Lafayette Park remains open for visitors and First Amendment activities. This year, work began Oct. 1 to accommodate additional time needed for a safer and more secure environment for construction activities. The Washington Post has also confirmed that Capitol Police is working with the D.C. National Guard to coordinate response needs better ahead of Inauguration Day.

For those attending Inauguration Day, review this list of prohibited items on U.S. Capitol Grounds: https://bit.ly/40yZIFO

Expect Closure to Museums on National Mall

Most museums on the National Mall in D.C. will be closed on Inauguration Day to help reduce traffic.

Learn more about these closures here: https://bit.ly/40a8pVH

Advice For Downtown Businesses

Sign up to receive real-time alerts from the District on public safety, traffic impacts, and more on election and inauguration updates by visiting alertdc.dc.gov.

ReadyDC has resources to help businesses create emergency plans, protect critical information, and improve your workforce’s personal preparedness efforts. Learn more by visiting ready.dc.gov/business.

Report suspicious activity. If you see something that doesn’t feel right, report it at iwatchdc.org inform a police officer or call 911 if there is an emergency or you are in immediate danger. Also, keep up-to-date on the latest on Inauguration Day from D.C. Government here.

2024 Year in Review and 2025 Outlook

Posted on by Board of Trade

 

A YEAR OF TRANSFORMATION

In 2024, the Greater Washington Board of Trade solidified its role as a catalyst for innovation, economic vitality, and regional collaboration. Through more than 120 engagements—including policy initiatives, leadership discussions, and events—we drove meaningful progress on critical issues shaping our region’s future.

From advocating for unified transit and resilient infrastructure to driving downtown revitalization and amplifying the business voice, we delivered measurable impact. However, transformative change takes time, and our work continues.

This success is made possible by you! To our officers, executive committee, board of directors, committee chairs, initiative partners—and all of our members—thank you. Your contributions are the foundation of our success and help shape not only this organization but the future of Greater Washington.

As 2025 nears, the Board of Trade remains committed to uniting leaders around a shared vision for a vibrant, inclusive, and prosperous region.

LEADING REGIONAL PROGRESS

Greater Washington is a vibrant and dynamic place, and its success depends on anticipating trends, addressing challenges, and seizing opportunities to create lasting prosperity. In a time of change and uncertainty, strategic leadership and collaboration are essential. The Board of Trade works to turn these forces into progress, ensuring our region remains a secure, resilient, and thriving place to live, work, and grow. The details on the following pages reflect this commitment to leadership, vision, and action.

Programs & Policy

Through a wide range of activities—including high-impact events, strategic communication campaigns, closed-door meetings with elected officials, support letters, testimony, committee engagements, and more— Board of Trade members spent 2024 working to:

 

Impact Through Engagement

At the heart of our success lies the power of connection and collaboration. We convene the people and organizations that drive innovation, growth, and resilience across Greater Washington. In 2024, our unmatched signature networking opportunities, strategic initiatives, and trusted networks created space for leaders to share ideas, combine resources, and achieve results that benefit the entire region.

 

  • This year, we welcomed 30 new members and maintained an exceptional retention rate of 92%, exceeding industry standards.
  • Our signature events—including the Mid-Winter Dinner, Fall Business Classic, and the Annual Meeting—saw unprecedented participation, with 70% of member organizations represented. At the 7th annual Capital Region Transportation Forum we saw 30% increase in member participation. This level of engagement underscores the strength of our network and the enduring value we create together.
  • We tailored sponsorship opportunities to align deeply with member interests and strategic goals. This includes the revitalized TD Bank Morning Star Series—a 17-year partnership—focused this year on navigating a multi-generational workforce. The series featured three sessions that engaged attendees with discussions, workshops, and actionable strategies, illustrating our commitment to meaningful engagement and value creation.
  • We revitalized our digital presence by launching a new website, enhancing accessibility and engagement for members and stakeholders. This initiative, combined with a 20% increase in social media engagement, reflects our ongoing efforts to connect and engage meaningfully with our community.
  • We amplified our voice as a leader in the region through strategic communication efforts—placing thought leadership pieces in prominent media outlets such as the Washington Business Journal and WTOP. From op-eds on regional economic challenges and public safety, to appearances on Fox5 and at key events like the Maryland Economic Development Association Winter Conference, we positioned the Board of Trade as the go-to resource for forward-thinking solutions that shape our collective future.

2024 New Members

2024 Sponsors

LOOKING AHEAD TO 2025

As we build on the successes of 2024, the Board of Trade remains focused on advancing the priorities that matter most to Greater Washington. In the coming year, we will drive the DMV Moves initiative to secure long-term regional transit funding, maintain momentum on public safety to ensure safe neighborhoods and thriving business environments, and build on partnerships like the Potomac Conference to foster inclusive growth and innovation. Our continued efforts to close opportunity gaps will strengthen economic resilience and advance a more equitable and prosperous region.

The Board of Trade’s strength lies in the engagement and dedication of its members. Together, we have demonstrated what is possible when we align around a shared mission for this dynamic region.

As we look ahead to 2025, we know there will be challenges, but also countless opportunities. And as we have for 135 years, the Board of Trade stands ready.

WELCOME 2025 BOARD OFFICERS

Board members contribute to the Board of Trade’s success in several ways: they weigh in on strategic decisions; assist with the recruitment, retention, and on-boarding process of members; lend resources and make connections to bring projects closer to their goals; attend and support board meetings and other Board of Trade events throughout the year.

JOIN US!

To get involved, connect with our team to explore ways to engage your entire organization. Follow our work—subscribe to our newsletters, connect on X, LinkedIn & YouTube, and visit our newly revitalized website for insights, initiatives, and member highlights. Our events have seen unprecedented demand this year—selling out time and time again—so be sure to secure your spot early and be part of these powerful conversations and engagements.

Not yet a member? Please consider joining us –as a members, as partners for change, or both – the Board of Trade is open for business and eager to team with any organization committed to our common goal of a Greater Washington region.

Driving Regional Progress Together: 2024 Programs & Advocacy Priorities

Posted on by Comms Department

The Greater Washington Board of Trade has long been a powerful voice in D.C., Maryland, and Virginia, championing policies that foster economic growth, enhance urban living, and ensure equitable development. Our extensive portfolio of work is demonstrated through a wide range of activities, including high-impact events, strategic communication campaigns, private consultations with key stakeholders, active committee engagements, and advocacy efforts that drive regional progress.

Driving Regional Progress Together

In 2024, we focused on key areas critical to the future of our region: strengthening the business climate, advancing transportation systems, cultivating innovation, and preparing our workforce for tomorrow’s challenges. Each initiative reflects our commitment to fostering collaboration, advocating for policy change, and delivering measurable results.

Improving the Overall Business Climate

A thriving business environment begins with a foundation of safety, infrastructure, and smart policy.

  • Public Safety: We actively supported the Secure DC Crime Bill, collaborating with local governments to enact policies that enhance community safety and create a stable environment where businesses can grow and residents can thrive.
  • Water Infrastructure: Partnering with the Metropolitan Washington Council of Governments (MWCOG) and other regional authorities, we prioritized sustainable water solutions, securing commitments for long-term supply and climate resilience.
  • Downtown Redevelopment: Advocating for urban renewal, we supported D.C.’s Comeback Plan and testified in favor of the BEST Act, and Downtown Arena Revitalization Act which boosts economic activity, revitalizes commercial districts, and supports job creation.
  • Regulatory Environment: We successfully advocated for streamlined processes, including securing authority to extend 5G small cell deployment in D.C., reducing barriers for businesses and driving competitiveness.

Improving Regional Transit and Transportation Systems

A connected region is a competitive region. In 2024, we championed policies that modernize transportation infrastructure and improve mobility across jurisdictions:

  • DMV Moves: As leaders of the Community Partners Advisory Group, we played a key role in advocating for dedicated regional transit funding and integrated transportation systems to reduce congestion and improve reliability for businesses and commuters.
  • I-495 and I-270 Managed Lanes Project: We supported the advancement of Maryland’s managed lanes initiative, promoting solutions that reduce congestion, improve cross-jurisdictional connectivity, and strengthen economic ties across the region.
  • Union Station Modernization: Contributing to plans for one of the region’s most important transit hubs, we supported efforts to transform Union Station into a modern, multi-modal hub that better serves the workforce and businesses.

Positioning Greater Washington as a Leading Innovation Hub

To ensure our region remains a leader in innovation, we advanced policies that accelerate technological adoption and foster collaboration:

  • Disruptive Tech and AI: Promoting innovation, we connected policymakers with industry leaders to advance the adoption of AI and other disruptive technologies, advocating for policies that unlock new opportunities for growth and efficiency.
  • Innovation Ecosystem Mapping: Launched an initiative to map the region’s innovation ecosystem, identifying key players and resources to strengthen collaboration between startups, research institutions, and businesses.

Enhancing Workforce Readiness

Preparing a skilled and adaptable workforce is essential to our region’s economic future.

  • Virginia Workforce Transition: Serving on the Virginia Workforce Transition Stakeholder Advisory Group, we supported the creation of a consolidated statewide workforce system, improving apprenticeship programs and strengthening data-sharing protections to better align skills with employer needs.
  • Pathways to Prosperity: To advance inclusive growth, we convened business leaders, government officials, and nonprofits to strengthen support for minority-owned businesses. By aligning resources across economic development, capital providers, and workforce programs, we are closing opportunity gaps and fostering entrepreneurial success.
  • 5 Generations in the Workforce: We shared best practices to help businesses address the challenges of managing five generations in the workforce, fostering collaboration and inclusivity across age groups.

Building Momentum for 2025

The policy wins and progress achieved in 2024 have created a foundation for even greater success in 2025. In the year ahead, we will continue advocating for regional solutions that strengthen our economy, modernize infrastructure, and build a thriving innovation ecosystem. By addressing emerging challenges and seizing new opportunities, we will ensure Greater Washington remains a resilient, inclusive, and forward-thinking region.

Together, we are shaping a future where businesses prosper, communities thrive, and our region leads the way in innovation and growth.

Waterway Economics: Funding increases for region’s Port of Baltimore and Port of Virginia

Posted on by Board of Trade

Our Greater Washington region must continue to invest in all types of transportation and supply-chain infrastructure to ensure our communities and businesses can thrive and adapt in the coming years.

With that, promising news has been announced concerning the two biggest ports that serve our region. Funding for the Port of Baltimore and Port of Virginia will increase after announcements from the federal and state level of U.S. government were made in recent weeks.

President Joe Biden recently announced at the Port of Baltimore that $147 million in awards for the Maryland Port Administration will support jobs by enabling the purchase and installation of zero-emission port equipment, charging infrastructure, and power improvements. It is part of $3 billion in funding from the Inflation Reduction Act that will go towards ports across the country. This is even furthered by the $580 million from the Bipartisan Infrastructure Law to fund 31 port improvement projects in 15 states and one U.S. territory.

As for the Port of Virginia, money from the Commonwealth of Virginia in the amount of $2.4 million for the cities of Norfolk, Newport News, and Portsmouth, all of which are vital communities that support the Port of Virginia and its efforts to serve the region’s commerce and supplies needs. The federal government has also invested $380 million in funding to bolster sustainability efforts that hope to make the port more energy efficient, and this stems from the same money being given to the Port of Baltimore through the Inflation Reduction Act. 

According to the U.S. Environmental Protection Agency, the U.S. consists of over 360 commercial ports that account for over 95% of cargo containers that come into the country. Additionally, a study from the American Association of Port Authorities, shares that $2.9 trillion in GDP and 21.8 million American jobs stem from our country’s vital port system.

The U.S. economy depends heavily on America’s ports to connect our communities to international trade, facilitating the movement of goods between the country and the global market and generating substantial employment opportunities for workers. This dynamic of impactfulness on the U.S. economy was recently highlighted by the Port of Baltimore worker’s strike that created inflation fears for the region. 

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