Search this blog:
Follow Avison Young:

Wednesday, May 23, 2012

The Rosslyn-Ballston Corridor, Part III: The Evolution of an “Entrepreneurship Ecosystem” and Foster.ly



by Dan Gonzalez

This is the third part of my focus on the Rosslyn-Ballston (R-B) corridor as an oasis of prosperity in the Washington region.  The three-mile R-B Corridor consists of Rosslyn-Courthouse-Clarendon-Virginia Square-Ballston, all with Metro stops.  This blog entry also coincides with my delivering the opening remarks at the recently held “Day of Foster.ly” in Rossyln.  What is Foster.ly?   Bisnow summed it up well by saying: "If there were doubts about the vibrancy of DC entrepreneurship, A Day of Foster.ly held on May 12th  wiped those out.  Hundreds of tech and non-tech entrepreneurs waved off the gorgeous Saturday afternoon to spend 12 hours in Arlington schmoozing, paneling, listening, learning, and getting their drink and music on.”  (for more info on Foster.ly, please visit: http://foster.ly/about )


Fosterly’s mission fits perfectly with what has been evolving for decades in the R-B Corridor; that is becoming what is known as an “entrepreneurship ecosystem.”   An entrepreneurship ecosystem is an environment where diverse people and ideas can come together and then surround that convergence with resources to grow for the benefit of the region.   As previously noted, the R-B Corridor now has high population density around Metro stops; is home to numerous corporations and government agencies; and has a wide variety of restaurants, bars, and retail to service residents and workers.  In short, the consummate entrepreneurship ecosystem.


The Day of Foster.ly was held at Artisphere in Rosslyn, a venue conceived as the crossroads of the arts and technology -- featuring four performance areas, three visual art galleries, a 4,000-square-foot ballroom, and free Wi-Fi.  Artisphere was designed for people and art to collide.  It was a great day to highlight entrepreneurship in the Washington region and the vibrancy of the R-B Corridor as an entrepreneurship ecosystem. 

The postings on this site are those of the bloggers and do not necessarily represent the views or opinions of Avison Young.