Could New Theater Become a Financial Drain? — As a condition of its site plan for a new nine-story office building on the site of the old Arlington Funeral Home in Virginia Square, developer Crimson Partners agreed to build a new $3.7 million black box theater inside the building, at the request of the county. But given the financial problems at Artisphere, some are questioning whether the theater will be a financial “black hole” for Arlington County. [Arlington Connection]

Army Celebrates Birthday — The U.S. Army is celebrating its 237th birthday today. On June 14, 1775, in the midst of the Revolutionary War, the Continental Congress authorized the creation of the Continental Army. To mark the occasion, Army Secretary John McHugh will participate in a wreath-laying ceremony at Arlington National Cemetery at 9:30 this morning. [Associated Press]

Mary Marshall Scholarship Recipients To Be Honored – The seven 2012 recipients of the county’s Mary Marshall Memorial Scholarships will be recognized at this Saturday’s County Board meeting. “These young people epitomize the civic spirit of Arlington — just as Mary Marshall did during her decades of service to our community,” County Board Chair Mary Hynes said of the recipients. [Arlington County]