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FAIRFAX COUNTY
V I R G I N I A • U S A
THE POWER OF IDEAS
HARNESSING
P R O F I L E
495
66
95
Washington Dulles
International Airport Washington, D.C.
Maryland
Loudoun County
Prince William County
Reston
McLean
Oakton
Chantilly
Centreville
Town of
Clifton
Springfield
Merrifield
Annandale
Baileys
Crossroads
Mount
Vernon
286
286
286
123
286
286
286
29
286
286
50
286
286
1
28
50
7
FORT
BELVOIR
Town of
Herndon
City of
Fairfax
Town of
Vienna
FAIRFAX COUNTY, VIRGINIA
Washington Dulles
International Airport
Washington, D.C.
Ronald Reagan
Washington
National Airport
FAIRFAX
COUNTY
Arlington
County
SEE MAP INSET
Tysons
Corner1
Great
Falls
2
3
4
5
6
1 Wiehle-Reston East
2 Vienna/Fairfax-GMU
3 Dunn Loring-Merrifield
4 West Falls Church-VT/UVA
5 Franconia-Springfield
6 Huntington
Future Metro Station
1 Burke Centre
2 Rolling Road
3 Backlick Road
4 Lorton
5 Franconia-Springfield
Manassas Line
Fredericksburg Line
METRO STATIONS IN TYSONS CORNER
Tysons Corner
McLeanGreensboro
Spring Hill
Franconia
Alexandria
City of
395
Lorton
267
City of
Falls Church PENTAGON
DCA
495
Virginia Railway
Express Stations
Metro Stations
O V E R V I E W
WELCOME TO FAIRFAX COUNTY
In Fairfax County, the Power of Ideas is more than an advertising tagline. It is the reason that Fairfax
County is such an innovative and successful county, a great place to do business and to live. The Power of
Ideas drives advances in business, in government, in health care, and in educational institutions. Companies
start and locate here because of the Power of Ideas, and so do talented people. Here, ideas are so power-
ful that they shape who we are as a county and who we will be in the future.
Fairfax County, located minutes from Washington, D.C., boasts one of the most robust and diverse business
communities anywhere in the world. Home to thriving businesses ranging from Fortune 500 company
headquarters to entrepreneurial startups, employers select Fairfax County for access to:
Fairfax County Economic Development Authority
1www.FairfaxCountyEDA.org
LEARN MORE ABOUT WHY BUSINESSES AND
EMPLOYEES PROSPER IN FAIRFAX COUNTY:
Business Community	
	 A Balanced and Thriving Economy	 pg. 2
	 An International Business Center	 pg. 4
	 Key Industry Sectors	 pg. 6
Working Here	 pg. 7
A Center for Innovation	 pg. 10
Real Estate	 pg. 12
Living Here	 pg. 16
In Fairfax County, the Power of
Ideas is more than an advertising
tagline. It is the reason that Fairfax
County is such an innovative and
successful county, a great place to
do business and to live.
>>	 a highly educated and trained workforce
>>	 a dynamic network of technology firms and services
>>	three major airports, including Washington Dulles
International Airport
>>	 many sources of business financing
>>	 affordable, flexible and attractive real estate options
>>	 a comprehensive transportation network
>>	 world-renowned public schools, colleges and universities
Photo of Tysons Tower rooftop courtesy gensler.com
B U S I N E S S C O M M U N I T Y
A BALANCED AND THRIVING ECONOMY
The Power of Ideas drives the success of Fairfax County’s $120 billion economy. Fairfax County’s business
community is at the forefront of one of the strongest economies in the world. Along with its well-known
strengths in government and defense technology, the county has large and growing numbers of commercial
IT, financial, software, communications and technology management service providers.
Fairfax County Economic Development Authority
2 www.FairfaxCountyEDA.org
FORTUNE 500 COMPANIES
HEADQUARTERED IN FAIRFAX COUNTY
Booz Allen Hamilton	 Technology Consulting
Capital One Financial	 Commercial Banking
CSC	 Technology Consulting
Freddie Mac	 Mortgage Securities
General Dynamics	 Aerospace and Defense
Hilton Worldwide	 Hospitality	
Leidos	 Technology Consulting
Northrop Grumman	 Aerospace and Defense
NVR	 Homebuilder
Professional, Scientic
and Technical Services
Health care and social services 10%
Management and administrative services 10%
Retail 9%
Educational services 8%
Accommodation and food services 8%
Public administration 5%
Construction 4%
Finance and insurance 4%
Other 16%
26%
EMPLOYMENT BY INDUSTRY SECTOR
LARGEST EMPLOYERS
Accenture
BAE Systems
Booz Allen Hamilton
CACI International
Capital One
Deloitte
DXC Technology
Engility
Freddie Mac
General Dynamics
IBM
Inova Health System
Kaiser Permanente
Lockheed Martin
ManTech International
MITRE
Navy Federal Credit Union
Northrop Grumman
PricewaterhouseCoopers
SAIC
>>	 Fairfax County has the second-highest concentration
of jobs in technology companies in the U.S.
37.6K
8,900
400
300
TOTAL BUSINESSES
TECH COMPANIES
FOREIGN-OWNED FIRMS
ASSOCIATIONS
TYPESOFBUSINESSES
595KTOTAL JOBS
+
B U S I N E S S C O M M U N I T Y
A BALANCED AND THRIVING ECONOMY
Minority-, woman- and veteran-owned businesses make significant contributions to Fairfax County’s economy
and add diversity to the business community. Many of these companies benefit from U.S. government policy
that encourages federal agencies to give procurement preference to small and disadvantaged firms.
Reston Town Center
Photo by Greg Hess
>>	 Home to the largest number of minority-owned
businesses in Virginia
>>	 21% of businesses are Asian-owned
OF ALL PROFESSIONAL AND
TECHNICAL SERVICES JOBS
ARE HELD BY MILLENNIALS
ONE-THIRD
47,900MINORITY-OWNED
BUSINESSES
OF ALL COUNTY
BUSINESSES
41%
12,400
VETERAN-OWNED
BUSINESSES IN
FAIRFAXCOUNTY
41,900
WOMAN-OWNED
BUSINESSES IN
FAIRFAX COUNTY
FEDERAL CONTRACT AWARDS
BY SET-ASIDE PROGRAM
Minority-owned	 $2.7 B
Veteran-owned	 $1.8 B
Woman-owned	 $1.1B
Fairfax County Economic Development Authority
3www.FairfaxCountyEDA.org
B U S I N E S S C O M M U N I T Y
AN INTERNATIONAL BUSINESS CENTER
The Power of Ideas is enhanced by our diverse population and wealth of international companies. Our central
East Coast location, large technology community, skilled talent and cosmopolitan lifestyle are distinct assets for
foreign-owned firms seeking a U.S. headquarters.
SELECTED FOREIGN-OWNED COMPANIES IN FAIRFAX COUNTY
COMPANY	 TYPE OF FIRM	 COUNTRY OF ORIGIN
Airbus Group	 Aircraft Sales and Support	 France
Amdocs	 Telecommunications	Israel
BAE Systems 	 Aerospace	 United Kingdom
Capgemini 	 Government Solutions/IT Services	 France
CGI 	 IT Services	 Canada
China Telecom 	 Telecommunications	 China
CYREN 	 Cybersecurity	 Israel
Elbit Systems of America	 Aerospace/Security	 Israel
Gate Gourmet 	 Food Service	 Switzerland
Intelsat	 Satellite Communications	 Luxembourg
NTT		 IT Services	 Japan
Rolls Royce North America 	 Aerospace	 United Kingdom
Samsung 	 Information/Communication Services	 Korea
SAP 	 Software Services	 Germany
Serco 	 IT Services	 United Kingdom
Software AG 	 Software Services	 Germany
Tata Communications 	 Telecommunications	 India
Transurban 	 Transportation Management	 Australia
Volkswagen Group of America 	 Automotive	 Germany
400+
FOREIGN-OWNED
COMPANIES
REPRESENTING
44 COUNTRIES
TOP TEN COUNTRIES OF ORIGIN
NUMBER OF FOREIGN-
OWNED COMPANIES
17 175 325 366 407	
1979 2000 2005 2010 2016	
Fairfax County Economic Development Authority
4 www.FairfaxCountyEDA.org
FCEDA OVERSEAS OFFICE LOCATION
FCEDA HEADQUARTERS
Korea	64
United Kingdom	 62
Israel	29
France	28
India	25
Germany	24
Japan	21
Canada	19
Australia	15
Netherlands	15
B U S I N E S S C O M M U N I T Y
AN INTERNATIONAL BUSINESS CENTER
Washington Dulles International Airport is Fairfax County’s gateway to the world. One of the largest
transatlantic portals in the United States, Dulles provides flights to more than 125 destinations around the
world each day.
Washington Dulles International Airport:
>> 49 nonstop international destinations
>> 7.5 million international passengers
GLOBAL ADVANTAGES
>>	 East coast of the United States,
close to neighboring Washington,
D.C., the U.S. capital
>>	 Global connectivity via Washington
Dulles International Airport
>>	 Nearby access to Ronald Reagan
National Airport and Baltimore/
Washington International Thurgood
Marshall Airport (BWI)
>>	 An ethnically and internationally
diverse workforce and regional
market of more than six million
people
>>	 Proximity to international financial
institutions, legal experts, the
diplomatic community and
embassies
Fairfax County Economic Development Authority
5www.FairfaxCountyEDA.org
Photo, J. David Buerk Photography for
Metropolitan Washington Airports Authority
3 MAJOR AIRPORTS
SERVING
70 MILLION
PASSENGERS
Intelsat is headquartered in Luxembourg, with U.S.
administrative headquarters in Fairfax County.
Photo courtesy Intelsat
B U S I N E S S C O M M U N I T Y
KEY INDUSTRY SECTORS
Fueled by the Power of Ideas, Fairfax County is where the nation turns for new solutions in knowledge-based
industries. Ranging from high-profile, publicly held companies to entrepreneurial start-ups, some of the
world’s leading technology firms are located here. These companies compete in business, government and
consumer markets.
FINANCIAL SERVICES
INFORMATION TECHNOLOGY
SOFTWARE
GOVERNMENT CONTRACTING
CORPORATE HEADQUARTERS
CLOUD COMPUTING
DATA ANALYTICS
LIFE SCIENCES, PERSONALIZED HEALTH
DIGITAL MEDIA
TELECOMMUNICATIONS
DEFENSE AND AEROSPACE
ENGINEERING SERVICES
CYBERSECURITY
FAIRFAX COUNTY’S
KEY INDUSTRIES
350+
CYBERSECURITY
COMPANIES
Northrop Grumman in McLean
Photo courtesy Northrop Grumman
Fairfax County Economic Development Authority
6 www.FairfaxCountyEDA.org
150+
CLOUD
COMPUTING
COMPANIES
INCLUDING
AMAZON WEB
SERVICES
117
ACRES
INOVA CENTER FOR
PERSONALIZED
HEALTH CAMPUS
$23.9 B
FEDERAL
CONTRACT
AWARDS
W O R K I N G H E R E
HIGHLY SKILLED AND EDUCATED
Employers in Fairfax County have access to a large regional technology talent pool and one of the most
diverse workforces in the U.S. An innovative and highly educated workforce is the foundation of our
knowledge-based economy, where one in four jobs is filled by a high-tech worker.
Hire Strategy in Reston
Photo by Kaveh Sardari
EDUCATIONAL ATTAINMENT
		 Fairfax	U.S.
Bachelor’s degree	 30.5%	 19.0%
Graduate or professional degree	 28.9%	11.6%
FAIRFAX COUNTY RESIDENTS
25.6K PhDs
MEDIAN
HOUSEHOLD INCOME
Fairfax County $113,208
Virginia $66,262
U.S.	 $55,775
1.1MTOTAL POPULATION
31.5%
PERCENTAGE OF
POPULATION IS
FOREIGN-BORN
EMPLOYMENT BY AGE
IN FAIRFAX COUNTY
Age Range		 Employment
THE LARGEST NUMBER
OF MILLENNIAL WORKERS
IN ALL OF VIRGINIA
	 	 19-34	 182,000
		35-44	138,000
		 45-54	 141,000
		 55-64	 96,000
		 65+	 33,000
Fairfax County Economic Development Authority
7www.FairfaxCountyEDA.org
59%FAIRFAX COUNTY
RESIDENTS WITH
A BACHELOR’S
DEGREE OR
HIGHER
3.1%UNEMPLOYMENT RATE
W O R K I N G H E R E
ABUNDANT HIGHER EDUCATION
Fairfax County’s robust talent pipeline is fed by a regional network of degree, certificate and training programs
that develop skills needed to solve today’s technology challenges in high-growth markets such as cybersecurity,
cloud computing, data analytics and information technology. Fairfax-based George Mason University is the largest
four-year research university in Virginia and offers comprehensive undergraduate and graduate-level curriculums.
Annandale-based Northern Virginia Community College is one of the largest two-year institutions in the nation.
GEORGE MASON UNIVERSITY
ENROLLMENT: 35,000
BACHELOR’S, MASTER’S, PH.D., LAW AND CERTIFICATE
>>	 Students from all 50 U.S. states and 130 countries
>>	 Volgeneau School of Engineering offers the first engineering
Ph.D. focused on information technology
>>	 Cutting-edge research in policy, security and sustainability,
cybersecurity and energy
>>	 Entrepreneurship assistance, training and mentoring through
the Mason Enterprise Center
NORTHERN VIRGINIA COMMUNITY COLLEGE
ENROLLMENT: 52,000
ASSOCIATE’S, CERTIFICATE, CAREER AND TECHNICAL TRAINING
>>	 Fourth-largest community college in the U.S., with seven
campuses and three educational centers
>>	 Second-highest producer of all associate’s degrees in the U.S.,
as well as associate’s degrees in both business and computer
and information sciences
>>	 Medical Education Campus offers 10 health-related programs GMU student life
Photo courtesy George Mason University
8 www.FairfaxCountyEDA.org
Fairfax County Economic Development Authority
60+COLLEGES AND UNIVERSITIES
IN WASHINGTON, D.C. REGION
WITH PROGRAMS IN BUSINESS,
ENGINEERING, HEALTH CARE,
INTERNATIONAL RELATIONS, LAW
>>	 Regional campus of the
University of Virginia School
of Medicine at Inova Center
for Personalized Health
>>	 Northern Virginia Center
for Virginia Tech and the
University of Virginia offer
graduate-level and job-
related opportunities in
engineering and business
W O R K I N G H E R E
CONNECTIONS AND AMENITIES
Fairfax County’s business centers are being transformed into a more urban, walkable mix of offices, residenc-
es, entertainment opportunities and public spaces. These hubs are great for employees and particularly
attractive to the millennial workforce. A regional labor force of 3.3 million workers is connected by
abundant opportunities for networking, collaboration and socializing. For example, the DC Tech Meetup is
one of the largest meetups in the world with 18,000+ members.
Many dining options are located
just steps away from the Tysons
Corner Metro Station
Photo courtesy Earls Kitchen + Bar
>>	 Four Metrorail lines with 10 stations
in the county
>>	 Metrorail’s Silver Line, with three new
stations and service to Washington
Dulles International Airport coming
in 2020
>>	 495/95 Express Lanes on the Capital
Beltway and Interstate 95
>>	 Dulles Access/Toll Road connecting
the Capital Beltway to Tysons Corner,
Reston, Herndon and Washington
Dulles International Airport
>>	 Two Virginia Railway Express (VRE)
commuter rail lines in the county
25+CAPITAL BIKESHARE
LOCATIONS IN
TYSONS AND RESTON
NoVA Code & Coffee Meetup at CustomInk in Merrifield.
Photo courtesy NoVA Code & Coffee
68,500FAIRFAX COUNTY RESIDENTS
RIDE METRORAIL TO WORKM
Fairfax County Economic Development Authority
9www.FairfaxCountyEDA.org
A C E N T E R F O R I N N O VAT I O N
CREATIVE WORK SPACES
Vibrant, creative spaces are where entrepreneurs and innovators can come together. A wide range of office
spaces, co-working locations, incubators and accelerators, virtual office spaces and executive office suites
are available in Fairfax County. They offer affordable, flexible lease terms and amenities in the county’s
major business districts.
INC. 5000 FASTEST GROWING COMPANIES
Fairfax County is home to 158 firms on the 2016 Inc. 5000 list. Most
of the Fairfax County firms are in technology and professional
services sectors. Fourteen Fairfax County companies are among
the top 500 companies on the list:
Aegis Corps
Avertra
Favor TechConsulting
GuidePoint Security
Hosted Records
Inoventures
Interactive Government Holdings
TEDxTysons is a platform that
connects and educates community
thought leaders by spreading ideas,
in the form of short, powerful talks
and salon events.
L-R: Michael Chapin, Stacy Bradford, Ashwood Heffern, Josh
Stillman, Sara Fraser and Borzou Azabdaftari, organizers of the
June 2016 Tysons TEDx event, held at TEGNA headquarters in
Tysons Corner. (Photo by Rassi G. Borneo, TimeLine Media)
Community Business Partnership
INC.spire
Inova Personalized Health Accelerator
Korea Innovation Center
MACH37 Cyber Accelerator
MakeOffices
Mason Enterprise Center
Refraction
Smart City Works
Teqcorner
TrustedElement
WeWork
CO-WORKING,
INCUBATORS
AND ACCELERATORS
Metronome
Oasys
Perfecta Federal
SeKON Enterprise
Sequoia Holdings
Talteam
Trigent Solutions
10www.FairfaxCountyEDA.org
Fairfax County Economic Development Authority
WeWork Tysons
common area
Photo courtesy WeWork
Fairfax County Economic Development Authority
11www.FairfaxCountyEDA.org
A C E N T E R F O R I N N O VAT I O N
ACCESS TO CAPITAL
A key to a successful business start-up and expansion is the ability to obtain and secure financing. The Fairfax
County Economic Development Authority’s Capital Attraction Program enhances the county’s visibility as a
location for entrepreneurs to start and grow their businesses and acts as a liaison between businesses and
funding resources.
MITRE lab space
Photo courtesy The MITRE Corporation
NONPROFIT RESEARCH AND TECHNOLOGY
ORGANIZATIONS IN AND AROUND FAIRFAX COUNTY
>>	 The MITRE Corporation, with headquarters in Fairfax County,
operates multiple federally funded research and development
centers.
>>	 Science, technology and strategy organizations such as LMI
and Noblis have Fairfax County locations.
>>	 108 federal laboratories are in the Washington, D.C., region.
>>	 50 percent of venture capital
deals in the county to early-
stage companies
>>	 $100.6 million in sponsored
research awards to George
Mason University—half for
engineering and science
programs
>>	 $2.3 million in 24 statewide
projects in 2016 funded by
Virginia’s Center for Innovative
Technology GAP Funds
>>	 Inova Strategic Investments
fund for health and related
technologies
>> $2.3 billion federal R&D
contract awards (FY16)
>> $25.6 million SBIR/STTR
awards
$204 M
24 DEALS
VENTURE CAPITAL
IN FAIRFAX COUNTY IN 2016
FUNDING SOURCES
>>	Self-funding
>>	 Private angel investors
>>	 Crowd funding
>>	 Venture capital
companies
>>	 Private equity
>>	 Banks and financing
institutions
>>	 Asset-based lenders
>>	 Trade credit
R E A L E S TAT E
DISTINCT BUSINESS LOCATIONS
Fairfax County’s business centers provide ideal locations for all types of organizations, from major corporate
headquarters to mid-size tech firms, entrepreneurial startups and industry associations. As the second-largest
suburban office market in the U.S., Fairfax County offers a full range of commercial real estate options, from
“Class A” office space in urban settings to traditional suburban office parks. All business districts are easily
accessible by rail or bus lines.
The plaza at Tysons Corner Center, a year-round
entertainment venue, is adjacent to the Tysons
Corner Metro Station.
Photo courtesy Beyond DC
12 www.FairfaxCountyEDA.org
Fairfax County Economic Development Authority
117 M
39 M
41 M
105
	 SQUARE FEET
OFFICE SPACE
SQUARE FEET
INDUSTRIAL/
FLEX SPACE
SQUARE FEET
RETAIL
HOTELS
>>	2.6 million square
feet of mixed-use
office space under
construction, with
amenities such
as plazas, parks,
restaurants and
theaters
>>	60 million square
feet of additional
office space in
the development
pipeline
FAIRFAX COUNTY IS WASHINGTON D.C.’S
LARGEST SUBURBAN OFFICE MARKET
Photo courtesy Kent Holland, Construction Risk, LLC
COMMERCIALREALESTATEINFAIRFAXCOUNTY
R E A L E S TAT E
DULLES CORRIDOR
The Dulles Corridor in northern Fairfax County runs from the Capital Beltway to Washington Dulles
International Airport. It is home to thousands of technology companies, skilled workers and world-class
infrastructure. Metrorail’s Silver Line connects corridor communities to the Washington, D.C., region.
CHANTILLY AND DULLES
>>	 Technology companies focused on aerospace, defense,
and cybersecurity
>>	 Adjacent to Washington Dulles International Airport
TOWN OF HERNDON
>>	 Office, retail and hotel center with small-town character
>>	 Silver Line Metro Station coming in 2020
RESTON
>>	 Second-largest commercial real estate market in
Fairfax County, with almost 20 million square feet of
office space, including the popular Reston Town Center
>>	 17 million square feet of mixed use development in the
pipeline
>>	 Hub for foreign-owned companies that want a U.S.
presence, large professional and technical services
firms, and a strong telecommunications industry cluster
TYSONS CORNER
>>	 Largest business district in Fairfax County with 29
million square feet of office space
>>	 Transforming into a vibrant urban community, with 45
million square feet of transit-oriented development
planned
>>	 Mid-rise and high-rise office buildings are home to
many corporate headquarters, including five Fortune
500 company headquarters
The Pavilion at Reston Town Center
hosts concerts in the summer, a
skating rink in the winter, and
festivals throughout the year.
Photo courtesy Reston Town Center Association
DULLESCORRIDOR
82 M
14 M
	 SQUARE FEET
OFFICE SPACE
SQUARE FEET
INDUSTRIAL/
FLEX SPACE
Fairfax County Economic Development Authority
13www.FairfaxCountyEDA.org
R E A L E S TAT E
CENTRAL FAIRFAX
Central Fairfax County business centers stretch along the Interstate 66 and Route 50 transit corridors from
inside the Capital Beltway to the western end of the county. Established commercial districts house major
corporate headquarters as well as small and mid-sized technology start-ups. Metrorail’s Orange Line connects
employees and residents to the Washington, D.C., region.
ANNANDALE, BAILEYS CROSSROADS AND SEVEN CORNERS
>>	 Inside-the-Beltway location with easy access to the Pentagon and
Washington, D.C.
>>	 Significant commercial office space presence by the federal gov-
ernment and related contractors
>>	 Eclectic communities showcase the county’s ethnic diversity
FAIRFAX CENTER AND OAKTON
>>	 A wide variety of office space with heavy concentration in Fair
Lakes mixed-use development
>>	 Home to George Mason University
MERRIFIELD
>>	 A dynamic live-work-play environment focused on the Mosaic Dis-
trict and the Dunn Loring/Merrifield Metro station area
>>	 A thriving medical cluster surrounds Inova Fairfax Hospital and
the Inova Center for Personalized Health campus
Central Fairfax
Photo by AirPhotosLive.com
THE WEEKLY MOSAIC
DISTRICT FARMER’S MARKET
FEATURES A KIDS’ CLUB,
WINE TASTINGS,
CHEF DEMOS AND
LIVE MUSIC.
THE 10,000-SEAT
EAGLEBANK ARENA,
ON THE CAMPUS OF GEORGE
MASON UNIVERSITY, HOSTS
CONCERTS, COLLEGE
BASKETBALL AND
FAMILY SHOWS.
CENTRALFAIRFAX
27 M
3 M
	 SQUARE FEET
OFFICE SPACE
SQUARE FEET
INDUSTRIAL/
FLEX SPACE
14www.FairfaxCountyEDA.org
Fairfax County Economic Development Authority
R E A L E S TAT E
I-95 CORRIDOR
The southeastern portion of Fairfax County runs from inside the Capital Beltway to the southern tip of the
county. An outstanding transportation network includes Interstate 95, the main north-south highway on the
U.S. east coast, and Richmond Highway (U.S. Route 1). Federal government agencies and related contractors
have a large presence in these markets. Metrorail’s Blue and Yellow lines, along with the Virginia Railway
Express, connect these communities to the Washington, D.C., region.
RICHMOND HIGHWAY
>>	 Fort Belvoir U.S. Army installation, a number of Department
of Defense agencies, and their contractors
>>	 Minutes from Ronald Reagan Washington National Airport
SPRINGFIELD AND THE I-95 CORRIDOR
>>	 The largest industrial/flex market in Fairfax County,
strategically located to take advantage of unparalleled
transportation access
>>	 Options ranging from office-intensive flex buildings to
high-bay warehouse and distribution facilities
>>	 National Geospatial-Intelligence Agency headquarters, one
of the largest federal facilities in the Washington, D.C., area,
and many federal government contractors
8 M
22 M
	 SQUARE FEET
OFFICE SPACE
SQUARE FEET
INDUSTRIAL/
FLEX SPACE
Fairfax County Economic Development Authority
15www.FairfaxCountyEDA.org
495 Express Lanes Operations Center is an
award-winning warehouse reuse project.
Photo courtesy Fairfax County Government Website, Ron Blunt, photographer
Springfield Town Center is Fairfax
County’s newest destination for
fashion, dining and entertainment.
Photo courtesy Fairfax County Office of
Community Revitalzation
I-95CORRIDOR
L I V I N G H E R E
HIGH QUALITY EDUCATION
Fairfax County offers its residents an excellent environment in which to raise and educate children. Fairfax
County Public Schools is one of the highest-rated school systems in America. Numerous private schools offer
additional K-12 education options.
CHALLENGING AND ENGAGING PROGRAMS
>>	 Advanced Placement
>>	 International Baccalaureate
>>	 Thomas Jefferson High School for Science
and Technology, annually on the U.S. News
& World Report list as one of the best high
schools in the nation
>>	 Two elementary magnet schools for the
Arts and Sciences
>>	 Two Governor’s STEM Academy high schools
>>	 Two Governor’s Health Sciences Academy
high schools
>>	 Two additional high school academies for
Career Readiness and Communications
and the Arts
FCPS 1672
1522
1453
Virginia
United States
IMPRESSIVE SAT SCORES
PRIVATE, PAROCHIAL AND
INTERNATIONAL SCHOOLS
IN THE D.C. METRO REGION130+
WORLD LANGUAGE PROGRAMS
American Sign Language
Arabic • Chinese • French • German
Italian • Japanese • Korean • Latin
Russian • Spanish • Vietnamese
Photo courtesy Foundation for Fairfax County Public Schools
FAIRFAX COUNTY SCHOOLS BY THE NUMBERS
186,000
STUDENTS
$2.7B
BUDGET
LARGEST
SCHOOL SYSTEM
IN THE NATION
TENTH
>92%GRADUATION RATE
STUDENTS EARNED
18.5KINDUSTRY
CERTIFICATIONS
AND LICENSES
70%OF TEACHERS
HAVE A MASTER’S DEGREE
16 www.FairfaxCountyEDA.org
Fairfax County Economic Development Authority
San Francisco 	 $838,000
San Diego 	 $555,000
Los Angeles 	 $507,100
Boston 	 $421,100
Seattle	 $414,500
Washington, D.C. 	 $390,600
New York	 $370,200
U.S. METRO REGION HOUSING
(MEDIAN SALES PRICE OF EXISTING
SINGLE FAMILY HOMES)
L I V I N G H E R E
ATTRACTIVE HOUSING OPTIONS
Fairfax County boasts a broad array of homes for individuals, couples and families—whether they seek an
urban, suburban, small town or country atmosphere. Homes in planned residential communities developed
by some of the nation’s premier homebuilders offer cutting-edge amenities. Executive residences and estate
homes are found in upscale communities along the Potomac River.
Fairfax County Economic Development Authority
17www.FairfaxCountyEDA.org
Townhomes on
Lake Anne in Reston
Photo, Shutterstock
A backyard oasis in McLean
Photo by Bill O’Leary, The Washington Post
AVERAGE MONTHLY
APARTMENT RENT
IN FAIRFAX COUNTY
$1,750
Photo courtesy The Woods of Fairfax,
Lorton, in southeast Fairfax County
1,900
APARTMENT UNITS
UNDER CONSTRUCTION
IN TYSONS CORNER
WITHIN WALKING
DISTANCE TO
METRORAIL
STATIONS
L I V I N G H E R E
THINGS TO DO
The Power of Ideas isn’t just about working. It’s about living. It’s the source of inspiration that creates great
art, beautiful communities, and national treasures minutes away in Washington, D.C. And if the city’s not
your thing, you can get away from it all at beach or mountain resorts, less than 200 miles away.
Fairfax County Economic Development Authority
18 www.FairfaxCountyEDA.org
FAIRFAX COUNTY HAS IT ALL:
>>	 Music and the arts
>>	 Museums and historic attractions
>>	 Nature and parks
>>	Nightlife
>>	 Outdoor activities and sports
>>	 Shopping and dining
>>	 Wineries and breweries
WASHINGTON WEST FILM
FESTIVAL IS IN ITS 7TH YEAR
OF PROVIDING AN ANNUAL
SHOWCASE OF FILMS FROM
AROUND THE WORLD
JAMMIN’ JAVA, IN
VIENNA, IS RANKED ONE OF
THE TOP 100 WORLDWIDE
MUSIC VENUES OF ITS SIZE
30,000 ACRESOF PARKLAND INCLUDING GREAT FALLS PARK
L I V I N G H E R E
THINGS TO DO
A remarkable wealth of cultural and recreational resources makes Fairfax County the perfect solution to your
daily pursuit of work and life balance. Three hundred cultural organizations (theater and opera companies,
music and dance groups, community arts centers, festivals and more) are based in the county.
Wolf Trap attracts top artists to America’s
only national park for the performing arts
Photo courtesy Wolf Trap National Park for the Performing Arts
The National Air and
Space Museum Steven
F. Udvar-Hazy Center,
in Chantilly, has two
huge hangars of
aviation and space
artifacts to amaze
both adults and
children alike.
Photo courtesy Visit Fairfax
The 55-acre Workhouse
Arts Center, in Lorton,
provides a home for
some of the region’s
finest artists, as well
as cooperative studios,
performance venues and
gallery space.
Image courtesy artist
Martin Cervantez and the
Workhouse Arts Center
Fairfax County Economic Development Authority
19www.FairfaxCountyEDA.org
How We Can Help
All services are free and confidential.
CEO
VP, Human Resources
CFO / VP, Facilities
VP, Marketing and
Business Development •	 Explore Virginia incentives for job creation and
training.
•	 Identify resources for executive and staff
recruitment.
•	 Build workforce relationships with institutions of
higher learning and school systems.
•	 Make introductions to potential
partners and customers.
•	 Offer contacts with professional
service providers.
•	 Provide tax and business cost data comparisons.
•	 Explore Virginia incentives for investment.
•	 Provide introductions to possible investors.
•	 Identify and visit potential site locations.
•	 Make introductions
to county zoning and
permitting officials
and state regulators.
•	 Identify transportation
and technology
infrastructure.
•	 Develop contacts in business community.
•	 Make introductions to chambers of commerce,
trade and professional associations.
•	 Brainstorm media and public relations opportunities.
•	 Identify potential brand
awareness and speaking
opportunities.
•	 Liaise with Virginia, U.S.
officials on marketing
and sales opportunities.
•	 Make connections with
local organizations.
•	 Provide information
for relocating
employees.
•	 Tour Fairfax County and potential site locations,
meet with local executives.
•	 Provide detailed information on industry sectors,
market conditions, business community.
•	 Develop opportunities for corporate and
executive visibility.
info@fceda.org www.fairfaxcountyeda.org
HEADQUARTERS
8300 Boone Boulevard, Suite 450
Vienna, VA 22182 USA
Phone: 703.790.0600
Fax: 703.893.1269
E-mail: Info@fceda.org
Web: www.fairfaxcountyeda.org
OVERSEAS OFFICES
daVinci Shiba Building, 10th floor
4-9-1 Shiba
Minato-ku, Tokyo 108-0014, Japan
Phone: +81.3.5427.1067
Fax: +81.3.5427.1085
E-mail: info@fairfax-japan.org
Web: www. fairfax-japan.org
Empire House, 6th floor
175 Picadilly
Mayfair, London, W1V 0TB, UK
Phone: +44 (0)20 7495 5668
Fax: +44 (0)20 7495 5668
E-mail: FairfaxUK@aol.com
Willy-Brandt-Str. 4
61118 Bad Vilbel
Germany
Phone: +49.69.9573.3343
Fax: +49.6101.55.2432
E-mail: FairfaxCounty@t-online.de
Updated Summer 2017
Š 2017 Fairfax County Economic Development Authority
PHOTOGRAPHY
All the images used in this publication are
the property of the Fairfax County Economic
Development Authority, unless otherwise noted.
Cover photo by Rassi Borneo, TimeLine Media.
Used with permission.
FAIRFAX COUNTY
BOARD OF SUPERVISORS
Sharon Bulova, Chairman
At-Large
Penelope A. Gross, Vice Chairman
Mason District
John C. Cook
Braddock District
John W. Foust
Dranesville District
Pat Herrity
Springfield District
Catherine M. Hudgins
Hunter Mill District
Jeff C. McKay
Lee District
Kathy L. Smith
Sully District
Linda Q. Smyth
Providence District
Daniel G. Storck
Mount Vernon District
FCEDA COMMISSION
Catherine Lange, Chairman
Partner
Human Capital Advisors, LLC
Esther C. Lee, Vice Chairman
Co-Founder
Crimson Tiger
Ronald C. Johnson, HL.D, Secretary
Founder and Managing Director
Solutions4Change, LLC
Christian Deschauer,
Treasurer and Assistant Secretary
Director, Government Relations
Transurban
Linnie Haynesworth
Sector Vice President and General Manager,
Cyber & Intelligence Mission Solutions Division
Northrop Grumman Mission Systems
Roderick (Rocky) Mitchell
Executive Vice President,
Global Fixed Assets
Pentagon Federal Credit Union
James Quigley
CEO and Co-Founder
Canvas
FCEDA SENIOR STAFF
Gerald L. Gordon, Ph.D.
President and CEO
Robin Fenner
Vice President, Management
Alan A. Fogg
Vice President, Communications
and Research
Catherine W. Riley
Vice President, Marketing
Barbara Cohen
Director, Administration
Curtis W. Hoffman
Director, Real Estate Services
Donna Hurwitt
Director, Market Intelligence
Rodney Lusk
Director, National Marketing
Jan Mul
Director, International Marketing
Karen Smaw
Director, Business Diversity
Cheryl Martelli
Executive Assistant
ABOUT THE FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY
The Fairfax County Economic Development Authority
(FCEDA) provides a wide array of free, confidential
services and information to assist new, expanding
and relocating American and international busi-
nesses. Headquartered in Tysons Corner, Fairfax
County’s largest business district, the FCEDA also
maintains offices in six major technology centers
around the world: Bangalore, Berlin, London, Los
Angeles, Seoul and Tel Aviv.
The FCEDA operates under the direction of a
seven-member commission appointed by the Fairfax
County Board of Supervisors. Activities are funded
through the Fairfax County general fund.
The FCEDA mission statement, adopted by the
FCEDA Commission on November 9, 2016:
“Promote the competitive advantages of
Fairfax County and influence the growth
of a diverse and innovative ecosystem that
enhances the tax base, creates demand for
commercial space, and supports an extraor-
dinary and equitable quality of life across
Fairfax County.”
FCEDA services include:
•	 providing current, comprehensive market
information about Fairfax County, the Com-
monwealth of Virginia and the Washington,
D.C., area;
•	 identifying county office space or site options
for businesses with start-up, relocation or
expansion needs;
•	 offering business development assistance
and acting as a liaison between businesses
and county and state government agencies;
•	 assisting company expansion operations by
providing information and answering inquiries
about county zoning, taxes and other issues
critical to doing business;
•	 providing information for employees relocating
to the county.
Three FCEDA marketing divisions—National, Inter-
national and Business Diversity—work with compa-
nies interested in opening or expanding operations
in Fairfax County. FCEDA market intelligence spe-
cialists generate extensive commercial real estate
and business information about the county.
REPORT PRODUCTION
Donna Hurwitt, Content
Theresa Rhodes, Research
Bill Webb, Research
Vicki Leilani Reeve, Graphic Design
8300 Boone Boulevard | Suite 450 | Tysons Corner, Virginia 22182 USA
t: 703.790.0600 | e: info@fceda.org
www.FairfaxCountyEDA.org @FairfaxEDA
Offices in Bangalore, Berlin, London, Los Angeles, Seoul and Tel Aviv

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Fairfax County Virginia Profile - Harnessing the Power of Ideas

  • 1. FAIRFAX COUNTY V I R G I N I A • U S A THE POWER OF IDEAS HARNESSING P R O F I L E
  • 2. 495 66 95 Washington Dulles International Airport Washington, D.C. Maryland Loudoun County Prince William County Reston McLean Oakton Chantilly Centreville Town of Clifton Springfield Merrifield Annandale Baileys Crossroads Mount Vernon 286 286 286 123 286 286 286 29 286 286 50 286 286 1 28 50 7 FORT BELVOIR Town of Herndon City of Fairfax Town of Vienna FAIRFAX COUNTY, VIRGINIA Washington Dulles International Airport Washington, D.C. Ronald Reagan Washington National Airport FAIRFAX COUNTY Arlington County SEE MAP INSET Tysons Corner1 Great Falls 2 3 4 5 6 1 Wiehle-Reston East 2 Vienna/Fairfax-GMU 3 Dunn Loring-Merrifield 4 West Falls Church-VT/UVA 5 Franconia-Springfield 6 Huntington Future Metro Station 1 Burke Centre 2 Rolling Road 3 Backlick Road 4 Lorton 5 Franconia-Springfield Manassas Line Fredericksburg Line METRO STATIONS IN TYSONS CORNER Tysons Corner McLeanGreensboro Spring Hill Franconia Alexandria City of 395 Lorton 267 City of Falls Church PENTAGON DCA 495 Virginia Railway Express Stations Metro Stations
  • 3. O V E R V I E W WELCOME TO FAIRFAX COUNTY In Fairfax County, the Power of Ideas is more than an advertising tagline. It is the reason that Fairfax County is such an innovative and successful county, a great place to do business and to live. The Power of Ideas drives advances in business, in government, in health care, and in educational institutions. Companies start and locate here because of the Power of Ideas, and so do talented people. Here, ideas are so power- ful that they shape who we are as a county and who we will be in the future. Fairfax County, located minutes from Washington, D.C., boasts one of the most robust and diverse business communities anywhere in the world. Home to thriving businesses ranging from Fortune 500 company headquarters to entrepreneurial startups, employers select Fairfax County for access to: Fairfax County Economic Development Authority 1www.FairfaxCountyEDA.org LEARN MORE ABOUT WHY BUSINESSES AND EMPLOYEES PROSPER IN FAIRFAX COUNTY: Business Community A Balanced and Thriving Economy pg. 2 An International Business Center pg. 4 Key Industry Sectors pg. 6 Working Here pg. 7 A Center for Innovation pg. 10 Real Estate pg. 12 Living Here pg. 16 In Fairfax County, the Power of Ideas is more than an advertising tagline. It is the reason that Fairfax County is such an innovative and successful county, a great place to do business and to live. >> a highly educated and trained workforce >> a dynamic network of technology firms and services >> three major airports, including Washington Dulles International Airport >> many sources of business financing >> affordable, flexible and attractive real estate options >> a comprehensive transportation network >> world-renowned public schools, colleges and universities Photo of Tysons Tower rooftop courtesy gensler.com
  • 4. B U S I N E S S C O M M U N I T Y A BALANCED AND THRIVING ECONOMY The Power of Ideas drives the success of Fairfax County’s $120 billion economy. Fairfax County’s business community is at the forefront of one of the strongest economies in the world. Along with its well-known strengths in government and defense technology, the county has large and growing numbers of commercial IT, financial, software, communications and technology management service providers. Fairfax County Economic Development Authority 2 www.FairfaxCountyEDA.org FORTUNE 500 COMPANIES HEADQUARTERED IN FAIRFAX COUNTY Booz Allen Hamilton Technology Consulting Capital One Financial Commercial Banking CSC Technology Consulting Freddie Mac Mortgage Securities General Dynamics Aerospace and Defense Hilton Worldwide Hospitality Leidos Technology Consulting Northrop Grumman Aerospace and Defense NVR Homebuilder Professional, Scientic and Technical Services Health care and social services 10% Management and administrative services 10% Retail 9% Educational services 8% Accommodation and food services 8% Public administration 5% Construction 4% Finance and insurance 4% Other 16% 26% EMPLOYMENT BY INDUSTRY SECTOR LARGEST EMPLOYERS Accenture BAE Systems Booz Allen Hamilton CACI International Capital One Deloitte DXC Technology Engility Freddie Mac General Dynamics IBM Inova Health System Kaiser Permanente Lockheed Martin ManTech International MITRE Navy Federal Credit Union Northrop Grumman PricewaterhouseCoopers SAIC >> Fairfax County has the second-highest concentration of jobs in technology companies in the U.S. 37.6K 8,900 400 300 TOTAL BUSINESSES TECH COMPANIES FOREIGN-OWNED FIRMS ASSOCIATIONS TYPESOFBUSINESSES 595KTOTAL JOBS +
  • 5. B U S I N E S S C O M M U N I T Y A BALANCED AND THRIVING ECONOMY Minority-, woman- and veteran-owned businesses make significant contributions to Fairfax County’s economy and add diversity to the business community. Many of these companies benefit from U.S. government policy that encourages federal agencies to give procurement preference to small and disadvantaged firms. Reston Town Center Photo by Greg Hess >> Home to the largest number of minority-owned businesses in Virginia >> 21% of businesses are Asian-owned OF ALL PROFESSIONAL AND TECHNICAL SERVICES JOBS ARE HELD BY MILLENNIALS ONE-THIRD 47,900MINORITY-OWNED BUSINESSES OF ALL COUNTY BUSINESSES 41% 12,400 VETERAN-OWNED BUSINESSES IN FAIRFAXCOUNTY 41,900 WOMAN-OWNED BUSINESSES IN FAIRFAX COUNTY FEDERAL CONTRACT AWARDS BY SET-ASIDE PROGRAM Minority-owned $2.7 B Veteran-owned $1.8 B Woman-owned $1.1B Fairfax County Economic Development Authority 3www.FairfaxCountyEDA.org
  • 6. B U S I N E S S C O M M U N I T Y AN INTERNATIONAL BUSINESS CENTER The Power of Ideas is enhanced by our diverse population and wealth of international companies. Our central East Coast location, large technology community, skilled talent and cosmopolitan lifestyle are distinct assets for foreign-owned firms seeking a U.S. headquarters. SELECTED FOREIGN-OWNED COMPANIES IN FAIRFAX COUNTY COMPANY TYPE OF FIRM COUNTRY OF ORIGIN Airbus Group Aircraft Sales and Support France Amdocs Telecommunications Israel BAE Systems Aerospace United Kingdom Capgemini Government Solutions/IT Services France CGI IT Services Canada China Telecom Telecommunications China CYREN Cybersecurity Israel Elbit Systems of America Aerospace/Security Israel Gate Gourmet Food Service Switzerland Intelsat Satellite Communications Luxembourg NTT IT Services Japan Rolls Royce North America Aerospace United Kingdom Samsung Information/Communication Services Korea SAP Software Services Germany Serco IT Services United Kingdom Software AG Software Services Germany Tata Communications Telecommunications India Transurban Transportation Management Australia Volkswagen Group of America Automotive Germany 400+ FOREIGN-OWNED COMPANIES REPRESENTING 44 COUNTRIES TOP TEN COUNTRIES OF ORIGIN NUMBER OF FOREIGN- OWNED COMPANIES 17 175 325 366 407 1979 2000 2005 2010 2016 Fairfax County Economic Development Authority 4 www.FairfaxCountyEDA.org FCEDA OVERSEAS OFFICE LOCATION FCEDA HEADQUARTERS Korea 64 United Kingdom 62 Israel 29 France 28 India 25 Germany 24 Japan 21 Canada 19 Australia 15 Netherlands 15
  • 7. B U S I N E S S C O M M U N I T Y AN INTERNATIONAL BUSINESS CENTER Washington Dulles International Airport is Fairfax County’s gateway to the world. One of the largest transatlantic portals in the United States, Dulles provides flights to more than 125 destinations around the world each day. Washington Dulles International Airport: >> 49 nonstop international destinations >> 7.5 million international passengers GLOBAL ADVANTAGES >> East coast of the United States, close to neighboring Washington, D.C., the U.S. capital >> Global connectivity via Washington Dulles International Airport >> Nearby access to Ronald Reagan National Airport and Baltimore/ Washington International Thurgood Marshall Airport (BWI) >> An ethnically and internationally diverse workforce and regional market of more than six million people >> Proximity to international financial institutions, legal experts, the diplomatic community and embassies Fairfax County Economic Development Authority 5www.FairfaxCountyEDA.org Photo, J. David Buerk Photography for Metropolitan Washington Airports Authority 3 MAJOR AIRPORTS SERVING 70 MILLION PASSENGERS Intelsat is headquartered in Luxembourg, with U.S. administrative headquarters in Fairfax County. Photo courtesy Intelsat
  • 8. B U S I N E S S C O M M U N I T Y KEY INDUSTRY SECTORS Fueled by the Power of Ideas, Fairfax County is where the nation turns for new solutions in knowledge-based industries. Ranging from high-profile, publicly held companies to entrepreneurial start-ups, some of the world’s leading technology firms are located here. These companies compete in business, government and consumer markets. FINANCIAL SERVICES INFORMATION TECHNOLOGY SOFTWARE GOVERNMENT CONTRACTING CORPORATE HEADQUARTERS CLOUD COMPUTING DATA ANALYTICS LIFE SCIENCES, PERSONALIZED HEALTH DIGITAL MEDIA TELECOMMUNICATIONS DEFENSE AND AEROSPACE ENGINEERING SERVICES CYBERSECURITY FAIRFAX COUNTY’S KEY INDUSTRIES 350+ CYBERSECURITY COMPANIES Northrop Grumman in McLean Photo courtesy Northrop Grumman Fairfax County Economic Development Authority 6 www.FairfaxCountyEDA.org 150+ CLOUD COMPUTING COMPANIES INCLUDING AMAZON WEB SERVICES 117 ACRES INOVA CENTER FOR PERSONALIZED HEALTH CAMPUS $23.9 B FEDERAL CONTRACT AWARDS
  • 9. W O R K I N G H E R E HIGHLY SKILLED AND EDUCATED Employers in Fairfax County have access to a large regional technology talent pool and one of the most diverse workforces in the U.S. An innovative and highly educated workforce is the foundation of our knowledge-based economy, where one in four jobs is filled by a high-tech worker. Hire Strategy in Reston Photo by Kaveh Sardari EDUCATIONAL ATTAINMENT Fairfax U.S. Bachelor’s degree 30.5% 19.0% Graduate or professional degree 28.9% 11.6% FAIRFAX COUNTY RESIDENTS 25.6K PhDs MEDIAN HOUSEHOLD INCOME Fairfax County $113,208 Virginia $66,262 U.S. $55,775 1.1MTOTAL POPULATION 31.5% PERCENTAGE OF POPULATION IS FOREIGN-BORN EMPLOYMENT BY AGE IN FAIRFAX COUNTY Age Range Employment THE LARGEST NUMBER OF MILLENNIAL WORKERS IN ALL OF VIRGINIA 19-34 182,000 35-44 138,000 45-54 141,000 55-64 96,000 65+ 33,000 Fairfax County Economic Development Authority 7www.FairfaxCountyEDA.org 59%FAIRFAX COUNTY RESIDENTS WITH A BACHELOR’S DEGREE OR HIGHER 3.1%UNEMPLOYMENT RATE
  • 10. W O R K I N G H E R E ABUNDANT HIGHER EDUCATION Fairfax County’s robust talent pipeline is fed by a regional network of degree, certificate and training programs that develop skills needed to solve today’s technology challenges in high-growth markets such as cybersecurity, cloud computing, data analytics and information technology. Fairfax-based George Mason University is the largest four-year research university in Virginia and offers comprehensive undergraduate and graduate-level curriculums. Annandale-based Northern Virginia Community College is one of the largest two-year institutions in the nation. GEORGE MASON UNIVERSITY ENROLLMENT: 35,000 BACHELOR’S, MASTER’S, PH.D., LAW AND CERTIFICATE >> Students from all 50 U.S. states and 130 countries >> Volgeneau School of Engineering offers the first engineering Ph.D. focused on information technology >> Cutting-edge research in policy, security and sustainability, cybersecurity and energy >> Entrepreneurship assistance, training and mentoring through the Mason Enterprise Center NORTHERN VIRGINIA COMMUNITY COLLEGE ENROLLMENT: 52,000 ASSOCIATE’S, CERTIFICATE, CAREER AND TECHNICAL TRAINING >> Fourth-largest community college in the U.S., with seven campuses and three educational centers >> Second-highest producer of all associate’s degrees in the U.S., as well as associate’s degrees in both business and computer and information sciences >> Medical Education Campus offers 10 health-related programs GMU student life Photo courtesy George Mason University 8 www.FairfaxCountyEDA.org Fairfax County Economic Development Authority 60+COLLEGES AND UNIVERSITIES IN WASHINGTON, D.C. REGION WITH PROGRAMS IN BUSINESS, ENGINEERING, HEALTH CARE, INTERNATIONAL RELATIONS, LAW >> Regional campus of the University of Virginia School of Medicine at Inova Center for Personalized Health >> Northern Virginia Center for Virginia Tech and the University of Virginia offer graduate-level and job- related opportunities in engineering and business
  • 11. W O R K I N G H E R E CONNECTIONS AND AMENITIES Fairfax County’s business centers are being transformed into a more urban, walkable mix of offices, residenc- es, entertainment opportunities and public spaces. These hubs are great for employees and particularly attractive to the millennial workforce. A regional labor force of 3.3 million workers is connected by abundant opportunities for networking, collaboration and socializing. For example, the DC Tech Meetup is one of the largest meetups in the world with 18,000+ members. Many dining options are located just steps away from the Tysons Corner Metro Station Photo courtesy Earls Kitchen + Bar >> Four Metrorail lines with 10 stations in the county >> Metrorail’s Silver Line, with three new stations and service to Washington Dulles International Airport coming in 2020 >> 495/95 Express Lanes on the Capital Beltway and Interstate 95 >> Dulles Access/Toll Road connecting the Capital Beltway to Tysons Corner, Reston, Herndon and Washington Dulles International Airport >> Two Virginia Railway Express (VRE) commuter rail lines in the county 25+CAPITAL BIKESHARE LOCATIONS IN TYSONS AND RESTON NoVA Code & Coffee Meetup at CustomInk in Merrifield. Photo courtesy NoVA Code & Coffee 68,500FAIRFAX COUNTY RESIDENTS RIDE METRORAIL TO WORKM Fairfax County Economic Development Authority 9www.FairfaxCountyEDA.org
  • 12. A C E N T E R F O R I N N O VAT I O N CREATIVE WORK SPACES Vibrant, creative spaces are where entrepreneurs and innovators can come together. A wide range of office spaces, co-working locations, incubators and accelerators, virtual office spaces and executive office suites are available in Fairfax County. They offer affordable, flexible lease terms and amenities in the county’s major business districts. INC. 5000 FASTEST GROWING COMPANIES Fairfax County is home to 158 firms on the 2016 Inc. 5000 list. Most of the Fairfax County firms are in technology and professional services sectors. Fourteen Fairfax County companies are among the top 500 companies on the list: Aegis Corps Avertra Favor TechConsulting GuidePoint Security Hosted Records Inoventures Interactive Government Holdings TEDxTysons is a platform that connects and educates community thought leaders by spreading ideas, in the form of short, powerful talks and salon events. L-R: Michael Chapin, Stacy Bradford, Ashwood Heffern, Josh Stillman, Sara Fraser and Borzou Azabdaftari, organizers of the June 2016 Tysons TEDx event, held at TEGNA headquarters in Tysons Corner. (Photo by Rassi G. Borneo, TimeLine Media) Community Business Partnership INC.spire Inova Personalized Health Accelerator Korea Innovation Center MACH37 Cyber Accelerator MakeOffices Mason Enterprise Center Refraction Smart City Works Teqcorner TrustedElement WeWork CO-WORKING, INCUBATORS AND ACCELERATORS Metronome Oasys Perfecta Federal SeKON Enterprise Sequoia Holdings Talteam Trigent Solutions 10www.FairfaxCountyEDA.org Fairfax County Economic Development Authority WeWork Tysons common area Photo courtesy WeWork
  • 13. Fairfax County Economic Development Authority 11www.FairfaxCountyEDA.org A C E N T E R F O R I N N O VAT I O N ACCESS TO CAPITAL A key to a successful business start-up and expansion is the ability to obtain and secure financing. The Fairfax County Economic Development Authority’s Capital Attraction Program enhances the county’s visibility as a location for entrepreneurs to start and grow their businesses and acts as a liaison between businesses and funding resources. MITRE lab space Photo courtesy The MITRE Corporation NONPROFIT RESEARCH AND TECHNOLOGY ORGANIZATIONS IN AND AROUND FAIRFAX COUNTY >> The MITRE Corporation, with headquarters in Fairfax County, operates multiple federally funded research and development centers. >> Science, technology and strategy organizations such as LMI and Noblis have Fairfax County locations. >> 108 federal laboratories are in the Washington, D.C., region. >> 50 percent of venture capital deals in the county to early- stage companies >> $100.6 million in sponsored research awards to George Mason University—half for engineering and science programs >> $2.3 million in 24 statewide projects in 2016 funded by Virginia’s Center for Innovative Technology GAP Funds >> Inova Strategic Investments fund for health and related technologies >> $2.3 billion federal R&D contract awards (FY16) >> $25.6 million SBIR/STTR awards $204 M 24 DEALS VENTURE CAPITAL IN FAIRFAX COUNTY IN 2016 FUNDING SOURCES >> Self-funding >> Private angel investors >> Crowd funding >> Venture capital companies >> Private equity >> Banks and financing institutions >> Asset-based lenders >> Trade credit
  • 14. R E A L E S TAT E DISTINCT BUSINESS LOCATIONS Fairfax County’s business centers provide ideal locations for all types of organizations, from major corporate headquarters to mid-size tech firms, entrepreneurial startups and industry associations. As the second-largest suburban office market in the U.S., Fairfax County offers a full range of commercial real estate options, from “Class A” office space in urban settings to traditional suburban office parks. All business districts are easily accessible by rail or bus lines. The plaza at Tysons Corner Center, a year-round entertainment venue, is adjacent to the Tysons Corner Metro Station. Photo courtesy Beyond DC 12 www.FairfaxCountyEDA.org Fairfax County Economic Development Authority 117 M 39 M 41 M 105 SQUARE FEET OFFICE SPACE SQUARE FEET INDUSTRIAL/ FLEX SPACE SQUARE FEET RETAIL HOTELS >> 2.6 million square feet of mixed-use office space under construction, with amenities such as plazas, parks, restaurants and theaters >> 60 million square feet of additional office space in the development pipeline FAIRFAX COUNTY IS WASHINGTON D.C.’S LARGEST SUBURBAN OFFICE MARKET Photo courtesy Kent Holland, Construction Risk, LLC COMMERCIALREALESTATEINFAIRFAXCOUNTY
  • 15. R E A L E S TAT E DULLES CORRIDOR The Dulles Corridor in northern Fairfax County runs from the Capital Beltway to Washington Dulles International Airport. It is home to thousands of technology companies, skilled workers and world-class infrastructure. Metrorail’s Silver Line connects corridor communities to the Washington, D.C., region. CHANTILLY AND DULLES >> Technology companies focused on aerospace, defense, and cybersecurity >> Adjacent to Washington Dulles International Airport TOWN OF HERNDON >> Office, retail and hotel center with small-town character >> Silver Line Metro Station coming in 2020 RESTON >> Second-largest commercial real estate market in Fairfax County, with almost 20 million square feet of office space, including the popular Reston Town Center >> 17 million square feet of mixed use development in the pipeline >> Hub for foreign-owned companies that want a U.S. presence, large professional and technical services firms, and a strong telecommunications industry cluster TYSONS CORNER >> Largest business district in Fairfax County with 29 million square feet of office space >> Transforming into a vibrant urban community, with 45 million square feet of transit-oriented development planned >> Mid-rise and high-rise office buildings are home to many corporate headquarters, including five Fortune 500 company headquarters The Pavilion at Reston Town Center hosts concerts in the summer, a skating rink in the winter, and festivals throughout the year. Photo courtesy Reston Town Center Association DULLESCORRIDOR 82 M 14 M SQUARE FEET OFFICE SPACE SQUARE FEET INDUSTRIAL/ FLEX SPACE Fairfax County Economic Development Authority 13www.FairfaxCountyEDA.org
  • 16. R E A L E S TAT E CENTRAL FAIRFAX Central Fairfax County business centers stretch along the Interstate 66 and Route 50 transit corridors from inside the Capital Beltway to the western end of the county. Established commercial districts house major corporate headquarters as well as small and mid-sized technology start-ups. Metrorail’s Orange Line connects employees and residents to the Washington, D.C., region. ANNANDALE, BAILEYS CROSSROADS AND SEVEN CORNERS >> Inside-the-Beltway location with easy access to the Pentagon and Washington, D.C. >> Significant commercial office space presence by the federal gov- ernment and related contractors >> Eclectic communities showcase the county’s ethnic diversity FAIRFAX CENTER AND OAKTON >> A wide variety of office space with heavy concentration in Fair Lakes mixed-use development >> Home to George Mason University MERRIFIELD >> A dynamic live-work-play environment focused on the Mosaic Dis- trict and the Dunn Loring/Merrifield Metro station area >> A thriving medical cluster surrounds Inova Fairfax Hospital and the Inova Center for Personalized Health campus Central Fairfax Photo by AirPhotosLive.com THE WEEKLY MOSAIC DISTRICT FARMER’S MARKET FEATURES A KIDS’ CLUB, WINE TASTINGS, CHEF DEMOS AND LIVE MUSIC. THE 10,000-SEAT EAGLEBANK ARENA, ON THE CAMPUS OF GEORGE MASON UNIVERSITY, HOSTS CONCERTS, COLLEGE BASKETBALL AND FAMILY SHOWS. CENTRALFAIRFAX 27 M 3 M SQUARE FEET OFFICE SPACE SQUARE FEET INDUSTRIAL/ FLEX SPACE 14www.FairfaxCountyEDA.org Fairfax County Economic Development Authority
  • 17. R E A L E S TAT E I-95 CORRIDOR The southeastern portion of Fairfax County runs from inside the Capital Beltway to the southern tip of the county. An outstanding transportation network includes Interstate 95, the main north-south highway on the U.S. east coast, and Richmond Highway (U.S. Route 1). Federal government agencies and related contractors have a large presence in these markets. Metrorail’s Blue and Yellow lines, along with the Virginia Railway Express, connect these communities to the Washington, D.C., region. RICHMOND HIGHWAY >> Fort Belvoir U.S. Army installation, a number of Department of Defense agencies, and their contractors >> Minutes from Ronald Reagan Washington National Airport SPRINGFIELD AND THE I-95 CORRIDOR >> The largest industrial/flex market in Fairfax County, strategically located to take advantage of unparalleled transportation access >> Options ranging from office-intensive flex buildings to high-bay warehouse and distribution facilities >> National Geospatial-Intelligence Agency headquarters, one of the largest federal facilities in the Washington, D.C., area, and many federal government contractors 8 M 22 M SQUARE FEET OFFICE SPACE SQUARE FEET INDUSTRIAL/ FLEX SPACE Fairfax County Economic Development Authority 15www.FairfaxCountyEDA.org 495 Express Lanes Operations Center is an award-winning warehouse reuse project. Photo courtesy Fairfax County Government Website, Ron Blunt, photographer Springfield Town Center is Fairfax County’s newest destination for fashion, dining and entertainment. Photo courtesy Fairfax County Office of Community Revitalzation I-95CORRIDOR
  • 18. L I V I N G H E R E HIGH QUALITY EDUCATION Fairfax County offers its residents an excellent environment in which to raise and educate children. Fairfax County Public Schools is one of the highest-rated school systems in America. Numerous private schools offer additional K-12 education options. CHALLENGING AND ENGAGING PROGRAMS >> Advanced Placement >> International Baccalaureate >> Thomas Jefferson High School for Science and Technology, annually on the U.S. News & World Report list as one of the best high schools in the nation >> Two elementary magnet schools for the Arts and Sciences >> Two Governor’s STEM Academy high schools >> Two Governor’s Health Sciences Academy high schools >> Two additional high school academies for Career Readiness and Communications and the Arts FCPS 1672 1522 1453 Virginia United States IMPRESSIVE SAT SCORES PRIVATE, PAROCHIAL AND INTERNATIONAL SCHOOLS IN THE D.C. METRO REGION130+ WORLD LANGUAGE PROGRAMS American Sign Language Arabic • Chinese • French • German Italian • Japanese • Korean • Latin Russian • Spanish • Vietnamese Photo courtesy Foundation for Fairfax County Public Schools FAIRFAX COUNTY SCHOOLS BY THE NUMBERS 186,000 STUDENTS $2.7B BUDGET LARGEST SCHOOL SYSTEM IN THE NATION TENTH >92%GRADUATION RATE STUDENTS EARNED 18.5KINDUSTRY CERTIFICATIONS AND LICENSES 70%OF TEACHERS HAVE A MASTER’S DEGREE 16 www.FairfaxCountyEDA.org Fairfax County Economic Development Authority
  • 19. San Francisco $838,000 San Diego $555,000 Los Angeles $507,100 Boston $421,100 Seattle $414,500 Washington, D.C. $390,600 New York $370,200 U.S. METRO REGION HOUSING (MEDIAN SALES PRICE OF EXISTING SINGLE FAMILY HOMES) L I V I N G H E R E ATTRACTIVE HOUSING OPTIONS Fairfax County boasts a broad array of homes for individuals, couples and families—whether they seek an urban, suburban, small town or country atmosphere. Homes in planned residential communities developed by some of the nation’s premier homebuilders offer cutting-edge amenities. Executive residences and estate homes are found in upscale communities along the Potomac River. Fairfax County Economic Development Authority 17www.FairfaxCountyEDA.org Townhomes on Lake Anne in Reston Photo, Shutterstock A backyard oasis in McLean Photo by Bill O’Leary, The Washington Post AVERAGE MONTHLY APARTMENT RENT IN FAIRFAX COUNTY $1,750 Photo courtesy The Woods of Fairfax, Lorton, in southeast Fairfax County 1,900 APARTMENT UNITS UNDER CONSTRUCTION IN TYSONS CORNER WITHIN WALKING DISTANCE TO METRORAIL STATIONS
  • 20. L I V I N G H E R E THINGS TO DO The Power of Ideas isn’t just about working. It’s about living. It’s the source of inspiration that creates great art, beautiful communities, and national treasures minutes away in Washington, D.C. And if the city’s not your thing, you can get away from it all at beach or mountain resorts, less than 200 miles away. Fairfax County Economic Development Authority 18 www.FairfaxCountyEDA.org FAIRFAX COUNTY HAS IT ALL: >> Music and the arts >> Museums and historic attractions >> Nature and parks >> Nightlife >> Outdoor activities and sports >> Shopping and dining >> Wineries and breweries WASHINGTON WEST FILM FESTIVAL IS IN ITS 7TH YEAR OF PROVIDING AN ANNUAL SHOWCASE OF FILMS FROM AROUND THE WORLD JAMMIN’ JAVA, IN VIENNA, IS RANKED ONE OF THE TOP 100 WORLDWIDE MUSIC VENUES OF ITS SIZE 30,000 ACRESOF PARKLAND INCLUDING GREAT FALLS PARK
  • 21. L I V I N G H E R E THINGS TO DO A remarkable wealth of cultural and recreational resources makes Fairfax County the perfect solution to your daily pursuit of work and life balance. Three hundred cultural organizations (theater and opera companies, music and dance groups, community arts centers, festivals and more) are based in the county. Wolf Trap attracts top artists to America’s only national park for the performing arts Photo courtesy Wolf Trap National Park for the Performing Arts The National Air and Space Museum Steven F. Udvar-Hazy Center, in Chantilly, has two huge hangars of aviation and space artifacts to amaze both adults and children alike. Photo courtesy Visit Fairfax The 55-acre Workhouse Arts Center, in Lorton, provides a home for some of the region’s finest artists, as well as cooperative studios, performance venues and gallery space. Image courtesy artist Martin Cervantez and the Workhouse Arts Center Fairfax County Economic Development Authority 19www.FairfaxCountyEDA.org
  • 22. How We Can Help All services are free and confidential. CEO VP, Human Resources CFO / VP, Facilities VP, Marketing and Business Development • Explore Virginia incentives for job creation and training. • Identify resources for executive and staff recruitment. • Build workforce relationships with institutions of higher learning and school systems. • Make introductions to potential partners and customers. • Offer contacts with professional service providers. • Provide tax and business cost data comparisons. • Explore Virginia incentives for investment. • Provide introductions to possible investors. • Identify and visit potential site locations. • Make introductions to county zoning and permitting officials and state regulators. • Identify transportation and technology infrastructure. • Develop contacts in business community. • Make introductions to chambers of commerce, trade and professional associations. • Brainstorm media and public relations opportunities. • Identify potential brand awareness and speaking opportunities. • Liaise with Virginia, U.S. officials on marketing and sales opportunities. • Make connections with local organizations. • Provide information for relocating employees. • Tour Fairfax County and potential site locations, meet with local executives. • Provide detailed information on industry sectors, market conditions, business community. • Develop opportunities for corporate and executive visibility. info@fceda.org www.fairfaxcountyeda.org
  • 23. HEADQUARTERS 8300 Boone Boulevard, Suite 450 Vienna, VA 22182 USA Phone: 703.790.0600 Fax: 703.893.1269 E-mail: Info@fceda.org Web: www.fairfaxcountyeda.org OVERSEAS OFFICES daVinci Shiba Building, 10th floor 4-9-1 Shiba Minato-ku, Tokyo 108-0014, Japan Phone: +81.3.5427.1067 Fax: +81.3.5427.1085 E-mail: info@fairfax-japan.org Web: www. fairfax-japan.org Empire House, 6th floor 175 Picadilly Mayfair, London, W1V 0TB, UK Phone: +44 (0)20 7495 5668 Fax: +44 (0)20 7495 5668 E-mail: FairfaxUK@aol.com Willy-Brandt-Str. 4 61118 Bad Vilbel Germany Phone: +49.69.9573.3343 Fax: +49.6101.55.2432 E-mail: FairfaxCounty@t-online.de Updated Summer 2017 Š 2017 Fairfax County Economic Development Authority PHOTOGRAPHY All the images used in this publication are the property of the Fairfax County Economic Development Authority, unless otherwise noted. Cover photo by Rassi Borneo, TimeLine Media. Used with permission. FAIRFAX COUNTY BOARD OF SUPERVISORS Sharon Bulova, Chairman At-Large Penelope A. Gross, Vice Chairman Mason District John C. Cook Braddock District John W. Foust Dranesville District Pat Herrity Springfield District Catherine M. Hudgins Hunter Mill District Jeff C. McKay Lee District Kathy L. Smith Sully District Linda Q. Smyth Providence District Daniel G. Storck Mount Vernon District FCEDA COMMISSION Catherine Lange, Chairman Partner Human Capital Advisors, LLC Esther C. Lee, Vice Chairman Co-Founder Crimson Tiger Ronald C. Johnson, HL.D, Secretary Founder and Managing Director Solutions4Change, LLC Christian Deschauer, Treasurer and Assistant Secretary Director, Government Relations Transurban Linnie Haynesworth Sector Vice President and General Manager, Cyber & Intelligence Mission Solutions Division Northrop Grumman Mission Systems Roderick (Rocky) Mitchell Executive Vice President, Global Fixed Assets Pentagon Federal Credit Union James Quigley CEO and Co-Founder Canvas FCEDA SENIOR STAFF Gerald L. Gordon, Ph.D. President and CEO Robin Fenner Vice President, Management Alan A. Fogg Vice President, Communications and Research Catherine W. Riley Vice President, Marketing Barbara Cohen Director, Administration Curtis W. Hoffman Director, Real Estate Services Donna Hurwitt Director, Market Intelligence Rodney Lusk Director, National Marketing Jan Mul Director, International Marketing Karen Smaw Director, Business Diversity Cheryl Martelli Executive Assistant ABOUT THE FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY The Fairfax County Economic Development Authority (FCEDA) provides a wide array of free, confidential services and information to assist new, expanding and relocating American and international busi- nesses. Headquartered in Tysons Corner, Fairfax County’s largest business district, the FCEDA also maintains offices in six major technology centers around the world: Bangalore, Berlin, London, Los Angeles, Seoul and Tel Aviv. The FCEDA operates under the direction of a seven-member commission appointed by the Fairfax County Board of Supervisors. Activities are funded through the Fairfax County general fund. The FCEDA mission statement, adopted by the FCEDA Commission on November 9, 2016: “Promote the competitive advantages of Fairfax County and influence the growth of a diverse and innovative ecosystem that enhances the tax base, creates demand for commercial space, and supports an extraor- dinary and equitable quality of life across Fairfax County.” FCEDA services include: • providing current, comprehensive market information about Fairfax County, the Com- monwealth of Virginia and the Washington, D.C., area; • identifying county office space or site options for businesses with start-up, relocation or expansion needs; • offering business development assistance and acting as a liaison between businesses and county and state government agencies; • assisting company expansion operations by providing information and answering inquiries about county zoning, taxes and other issues critical to doing business; • providing information for employees relocating to the county. Three FCEDA marketing divisions—National, Inter- national and Business Diversity—work with compa- nies interested in opening or expanding operations in Fairfax County. FCEDA market intelligence spe- cialists generate extensive commercial real estate and business information about the county. REPORT PRODUCTION Donna Hurwitt, Content Theresa Rhodes, Research Bill Webb, Research Vicki Leilani Reeve, Graphic Design
  • 24. 8300 Boone Boulevard | Suite 450 | Tysons Corner, Virginia 22182 USA t: 703.790.0600 | e: info@fceda.org www.FairfaxCountyEDA.org @FairfaxEDA Offices in Bangalore, Berlin, London, Los Angeles, Seoul and Tel Aviv