Business Notes
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Business Notes

Terrabrook, developer of the Reston Town Center, has sold Village Commons in Reston to A.J. Dwoskin & Associates. The five-acre site includes the BB&T Bank, Carrabba's Italian Grille, Chik-fil-A and Chipotle Mexican grill, which sublets a portion of its space to Potbelly Sandwich Works. The property on Sunset Hills Road sold for $6.2 million.

Colin Eagen, president of the E Group, a "business recognition" and promotional agency based in Reston, has announced the acquisition of Corporate Products, a Reston promotional products firm. E Group has three divisions structured around areas of expertise: Business Recognition, Events and Branded Solutions and Government Solutions.

The National Groundwater Association has presented its 2002 M. King Hubbert Award to Reston resident Warren Wood, Ph.D., a noted research hydrologist employed at the U.S. Geological Survey in Reston. The award is given to an individual who has made a major contribution to the field of groundwater science.

Oilstop at Three Cees Car Care Center, located at 10701-A Leesburg Pike, Reston, donated $1,710 to Reston Interfaith after raising the funds during a Lub-A-Thon. A percentage of oil change fees during the event were designated to the local non-profit social services organization. Call 703-757-1300 or visit www.threecees.com.

NCI Information Systems, Inc., an information technology services provider, has leased 76,716-square-feet in the 1.2 million-square-foot Plaza America mixed-use development in Reston. NCI’s offices in the recently completed Plaza America Tower IV building will serve as the firm’s new international headquarters.

Coldwell Banker Residential Brokerage announced top producers for January in Reston. In the 11890 Sunrise Valley Drive office, Lori Polley was the top producer. In the office located at 1801 Reston Parkway, Suite 300, Kathy Delaware was top producer.

Reston-based DynCorp was won a five-year $35 million subcontract to operate and maintain two U.S. Navy Special Mission ships that support test and range operation in Florida. The contract marks DynCorp's entry into operational support of ships over 12,000 tons. DynCorp's subcontract is part of a $56 million Navy contract awarded to Reston-based 3PSC LLC, which will provide management, engineering and ship's crew. DynCorp will provide shore and logistics support and business infrastructure to support the contract.

For the fifth consecutive time, the company has also received at $85 million, 57-month contract in recompetition to support Naval training activities at the Southern California Offshore Range (SCORE). Under the contract, DynCorp will develop, conduct, analyze and debrief training exercises and provide operational, engineering and administrative support to the 100,000 square mile training range.

The Great Reston Chamber of Commerce has announced the following schedule of February events:

David and Goliath Do Business, marketing to large companies, on Wednesday, Feb. 19 from 7:30 a.m. to 9:30 a.m. at the ASCE Conference Center, 1801 Alexander Bell Drive, Reston. Cost is $25 members; $30 for non-members.

Network Night on Tuesday, Feb. 25, 5:30 p.m. to 7:30 p.m. at the Sheraton Reston, 11810 Sunrise Valley Drive. Cost is $10 members; $20 for non-members.

Computer Security on Wednesday, Feb. 26 with registration beginning at 11:45 a.m. at Chamber Offices, 1763 Fountain Drive, Reston. Cost is $10 members; $20 for non-members and includes lunch. For more information call 703-707-9045 or visit www.restonchamber.org.

The Incubator Program of the Greater Reston Chamber of Commerce has launched its second annual business plan competition designed to showcase small business innovation in Northern Virginia. The three-year old Incubator Program seeks to promote new business development, regional economic growth and the creation of jobs by providing mentorship to more than 25 companies.

To enter GrowthSPURT '03, new entrepreneurs with original business concepts should submit an application form and their formal business plan to the Greater Reston Chamber by 5 p.m. on Wednesday, Feb. 19. A panel of Judges will then review all entrants and declare a winner at the Greater Reston Chamber of Commerce’s Luncheon on March 13, 2003. The competition’s expert panel includes Scott Townsend, Hale and Dorr LLP; Mike Clarke, Access National Bank; Mark Trice, PricewaterhouseCoopers; Susyn Schweers, Washington Business Journal; Nick Williams, SV Group, LLC; Braun Jones, The McLean Group, LLC; Kristi Hedges, The SheaHedges Group; and Michael Helmicki, Edison Venture Fund.

Savar & Associates is the 14th company to graduate from the Greater Reston Chamber of Commerce's Incubator Program, a mentoring program to local business. Savar & Associates offers its clients growth strategies through employee profile assessments, sales training and leadership seminars.

The Chamber office is located at 1763 Fountain Drive, Reston. Call 703-707-9045. Visit www.restonchamber.org.