SlideShare a Scribd company logo
1 of 4
Download to read offline
Photo: Reston Town Center by Greg Hess
FAIRFAX COUNTY AREA PROFILE
RESTON
	World-renowned as one of the most successful planned communities,
Reston is the second-largest commercial market in Fairfax County
with more than 20 million square feet of office space.
	Reston Town Center is among northern Virginia’s most vibrant
areas for shopping, dining and entertainment, providing a true live-
work-play environment.
	Recognized by Fortune magazine as one of America’s best places
to live, Reston boasts 1,300 acres of green space and more than
60 miles of trails for walking and biking, helping to provide an ideal
environment in which to work and play.
	Sixty-six percent of the population (ages 25 and older) has
a bachelor’s degree or higher.
	Major employers in the area include Fortune 500 firms Leidos and
NVR, as well as Bechtel, Lockheed Martin, Thompson Hospitality
and the U.S. Geological Survey. Foreign-owned employers include
BAE Systems, Rolls-Royce, Siemens and Software AG.
RESTON
* Average of the median incomes for the combined ZIP Codes within the market
Sources: Fairfax County Department of Housing and Community Services, Housing and Population
Estimates 2016, American Community Survey (ACS) 2015 Five-Year Estimates
POPULATION PROFILE
ECONOMIC BASE
Industry	 Jobs	Share
Professional, Scientific, and Technical Services	 23,526 	 38.7%
Administrative and Support Services	 5,121 	 8.4%
Health Care and Social Assistance	 4,709 	 7.8%
Information	 4,114 	 6.8%
Accommodation and Food Services	 3,927 	 6.5%
Retail Trade	 3,190 	 5.3%
Education Services	 2,290 	 3.8%
Finance and Insurance	 2,270 	 3.7%
Management of Companies and Enterprises	 2,101 	 3.5%
Other	 9,472 	 15.6%
Total	 60,720 	 100.0%
Sources: Virginia Employment Commission, Second Quarter 2016 and Fairfax County Public Schools
RESTON IS HOME TO THE HIGHEST
CONCENTRATION OF LARGE FIRMS
(100+ EMPLOYEES) IN FAIRFAX COUNTY.
Noblis headquarters, photo by Eric Laignel, courtesy SmithGroup JRR.
EMPLOYEE BASE
Workers’ Age	 Jobs	 Percent
Age 29 or younger	 12,556	 19.3%
Age 30 to 54	 40,891 	 63.0%
Age 55 or older	 11,457 	 17.7%
Source: U.S. Census Bureau, Local Employment Dynamics 2014
n 1-9 Employees 	 1,560 firms	 63.7%
n 10-49 Employees 	 609 firms	 24.9%
n 50-99 Employees 	 133 firms	 5.4%
n 100-249 Employees 	 105 firms	 4.3%
n 250+ Employees 	 43 firms	 1.8%
NUMBER OF FIRMS BY SIZE
Source: U.S. Census, Bureau County Business Patterns 2015	
% WITH BACHELOR’S
DEGREE OR HIGHERRESIDENTS
62,999
HOUSEHOLDS
27,06467.2%
MEDIAN HOUSEHOLD
INCOME*
$111,555
<30 30–54 55+
Urban Popup stores at Wiehle-Reston East Metrorail Station. Photo by David Madison, courtesy Urban Pop.
RESTON
SELECTED EMPLOYERS
American Society of Civil Engineers ●	
Appian ●	
BAE Systems	
Bechtel	
Carahsoft Technology ●	
Collaborative Solutions ● ●
comScore ●	
Defense Intelligence Agency	
Dominion Consulting ●	
Ellucian ●	
Government Scientific Source ● ●
HCA	
InDyne ●
InScope International ● ●
Knight Point Systems ● ●
Leidos ● ●
MAXIMUS ●	
Microsoft	
NCI ●	
NII Holdings ●	
Noblis ●	
NVR ● ●
Oracle	
CHAMBERS OF COMMERCE
AND BUSINESS GROUPS
Greater Reston Chamber of Commerce
TiE DC – The Indus Entrepreneurs
KEY:
● Headquarters
● Fortune 500 Headquarters
● Minority, Woman- or Veteran-Owned
Palo Alto Networks	
Pragmatics ● ●
Rolls-Royce North America	
SAGE Software	
SAIC	
SeKON Enterprise ●	
Sequoia Holdings ●
Serco Inc.	
SoftwareAG	
Sprint	
STG ●
Thompson Hospitality ● ●	
Thundercat Technology ●
Unisys	
U.S. Geological Survey	
Verisign ●
RESTON HAS THE HIGHEST
NUMBER OF ASSOCIATIONS IN
FAIRFAX COUNTY, ACCOUNTING
FOR NEARLY ONE-THIRD OF
THE COUNTY TOTAL.
Photo: 1 Reston Tower rendering, courtesy 1 Reston Tower
8300 Boone Boulevard, Suite 450, Tysons Corner, Virginia 22182 USA • 703-790-0600 • info@fceda.org • www.fairfaxcountyeda.org • @FairfaxEDA
COMMERCIAL REAL ESTATE INVENTORY
	 Square Footage	 Asking Lease Rates*
	 Total	 Low	High
Reston			
Office	 19,963,080	 $15.00	 $52.00
Industrial/Flex	 433,775 	 $12.00	 $14.00
*Annual per square foot
Source: FCEDA Yearend 2016 Real Estate Report
Photo: Reston Town Center by Ross Kirby
RESTON
286
Fa
Reston
Town Center
(Future)
267
286
Wiehle-Reston
East
7
Photo: Long & Foster
The Lake Anne Village Center is a Commercial
Revitalization Area, which entitles landowners and
developers to the use of expedited development
review procedures. www.fcrevit.org

More Related Content

Similar to Fairfax County Area Profile: Reston

Extra innings or game over? The outlook for the local and regional economies ...
Extra innings or game over? The outlook for the local and regional economies ...Extra innings or game over? The outlook for the local and regional economies ...
Extra innings or game over? The outlook for the local and regional economies ...Shay Moser
 
2013 Columbus Factbook
2013 Columbus Factbook2013 Columbus Factbook
2013 Columbus FactbookOne Columbus
 
Project Manager Presentation
Project Manager PresentationProject Manager Presentation
Project Manager PresentationMatt Forshee
 
Austin, TX: State of the Economy
Austin, TX: State of the EconomyAustin, TX: State of the Economy
Austin, TX: State of the EconomyCivic Analytics LLC
 
Southfield ED Profile_1-2016
Southfield ED Profile_1-2016Southfield ED Profile_1-2016
Southfield ED Profile_1-2016Katrina Campos
 
Midwest Mega-Commerce Center Document
Midwest Mega-Commerce Center DocumentMidwest Mega-Commerce Center Document
Midwest Mega-Commerce Center DocumentBrian Ehrsam
 
Kansas City Metro Area Economic-Demographic Overview
Kansas City Metro Area Economic-Demographic OverviewKansas City Metro Area Economic-Demographic Overview
Kansas City Metro Area Economic-Demographic Overviewjeffpinkerton
 
Industry Concentration and Risk
Industry Concentration and RiskIndustry Concentration and Risk
Industry Concentration and RiskAlastair Townsend
 
Miracle or Myth: The Real Story of Job Creation & Economic Development in Texas
Miracle or Myth: The Real Story of Job Creation & Economic Development in TexasMiracle or Myth: The Real Story of Job Creation & Economic Development in Texas
Miracle or Myth: The Real Story of Job Creation & Economic Development in TexasCivic Analytics LLC
 
Understanding Broadband to Influence Business Growth (Price County WI)
Understanding Broadband to Influence Business Growth (Price County WI)Understanding Broadband to Influence Business Growth (Price County WI)
Understanding Broadband to Influence Business Growth (Price County WI)WI Broadband
 
Business in fresno county
Business in fresno countyBusiness in fresno county
Business in fresno countyJose N. Mora
 

Similar to Fairfax County Area Profile: Reston (20)

Fairfax County Area Profile: Springfield-I95 Corridor-Burke
Fairfax County Area Profile: Springfield-I95 Corridor-BurkeFairfax County Area Profile: Springfield-I95 Corridor-Burke
Fairfax County Area Profile: Springfield-I95 Corridor-Burke
 
Fairfax County Area Profile: Fairfax Center-Oakton
Fairfax County Area Profile: Fairfax Center-OaktonFairfax County Area Profile: Fairfax Center-Oakton
Fairfax County Area Profile: Fairfax Center-Oakton
 
Extra innings or game over? The outlook for the local and regional economies ...
Extra innings or game over? The outlook for the local and regional economies ...Extra innings or game over? The outlook for the local and regional economies ...
Extra innings or game over? The outlook for the local and regional economies ...
 
2013 Columbus Factbook
2013 Columbus Factbook2013 Columbus Factbook
2013 Columbus Factbook
 
Fairfax County Virginia Profile - Harnessing the Power of Ideas
Fairfax County Virginia Profile - Harnessing the Power of IdeasFairfax County Virginia Profile - Harnessing the Power of Ideas
Fairfax County Virginia Profile - Harnessing the Power of Ideas
 
Why Wheeling, WV? Detailed presentation
Why Wheeling, WV?  Detailed presentationWhy Wheeling, WV?  Detailed presentation
Why Wheeling, WV? Detailed presentation
 
Project Manager Presentation
Project Manager PresentationProject Manager Presentation
Project Manager Presentation
 
Roz booker e guide
Roz booker e guideRoz booker e guide
Roz booker e guide
 
Fairfax County Area Profile: Chantilly-Dulles-Centreville
Fairfax County Area Profile: Chantilly-Dulles-CentrevilleFairfax County Area Profile: Chantilly-Dulles-Centreville
Fairfax County Area Profile: Chantilly-Dulles-Centreville
 
Austin, TX: State of the Economy
Austin, TX: State of the EconomyAustin, TX: State of the Economy
Austin, TX: State of the Economy
 
Southfield ED Profile_1-2016
Southfield ED Profile_1-2016Southfield ED Profile_1-2016
Southfield ED Profile_1-2016
 
Midwest Mega-Commerce Center Document
Midwest Mega-Commerce Center DocumentMidwest Mega-Commerce Center Document
Midwest Mega-Commerce Center Document
 
11.06.14 ed presentation cabinet
11.06.14 ed presentation   cabinet11.06.14 ed presentation   cabinet
11.06.14 ed presentation cabinet
 
Kansas City Metro Area Economic-Demographic Overview
Kansas City Metro Area Economic-Demographic OverviewKansas City Metro Area Economic-Demographic Overview
Kansas City Metro Area Economic-Demographic Overview
 
Industry Concentration and Risk
Industry Concentration and RiskIndustry Concentration and Risk
Industry Concentration and Risk
 
Miracle or Myth: The Real Story of Job Creation & Economic Development in Texas
Miracle or Myth: The Real Story of Job Creation & Economic Development in TexasMiracle or Myth: The Real Story of Job Creation & Economic Development in Texas
Miracle or Myth: The Real Story of Job Creation & Economic Development in Texas
 
Understanding Broadband to Influence Business Growth (Price County WI)
Understanding Broadband to Influence Business Growth (Price County WI)Understanding Broadband to Influence Business Growth (Price County WI)
Understanding Broadband to Influence Business Growth (Price County WI)
 
2016 Greater San Marcos Economic Outlook
2016 Greater San Marcos Economic Outlook2016 Greater San Marcos Economic Outlook
2016 Greater San Marcos Economic Outlook
 
Packet360 Named
Packet360 Named Packet360 Named
Packet360 Named
 
Business in fresno county
Business in fresno countyBusiness in fresno county
Business in fresno county
 

Recently uploaded

TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...ssifa0344
 
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure serviceCall US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure servicePooja Nehwal
 
The Economic History of the U.S. Lecture 20.pdf
The Economic History of the U.S. Lecture 20.pdfThe Economic History of the U.S. Lecture 20.pdf
The Economic History of the U.S. Lecture 20.pdfGale Pooley
 
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130Suhani Kapoor
 
Quarter 4- Module 3 Principles of Marketing
Quarter 4- Module 3 Principles of MarketingQuarter 4- Module 3 Principles of Marketing
Quarter 4- Module 3 Principles of MarketingMaristelaRamos12
 
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130  Available With RoomVIP Kolkata Call Girl Serampore 👉 8250192130  Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Roomdivyansh0kumar0
 
VIP Call Girls Thane Sia 8617697112 Independent Escort Service Thane
VIP Call Girls Thane Sia 8617697112 Independent Escort Service ThaneVIP Call Girls Thane Sia 8617697112 Independent Escort Service Thane
VIP Call Girls Thane Sia 8617697112 Independent Escort Service ThaneCall girls in Ahmedabad High profile
 
00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptxFinTech Belgium
 
Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Commonwealth
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escortsranjana rawat
 
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service AizawlVip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawlmakika9823
 
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdfFinTech Belgium
 
The Economic History of the U.S. Lecture 18.pdf
The Economic History of the U.S. Lecture 18.pdfThe Economic History of the U.S. Lecture 18.pdf
The Economic History of the U.S. Lecture 18.pdfGale Pooley
 
Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...
Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...
Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...ssifa0344
 
02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx
02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx
02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptxFinTech Belgium
 
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...Call Girls in Nagpur High Profile
 
20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdfAdnet Communications
 
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...makika9823
 
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services  9892124323 | ₹,4500 With Room Free DeliveryMalad Call Girl in Services  9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free DeliveryPooja Nehwal
 
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur EscortsHigh Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escortsranjana rawat
 

Recently uploaded (20)

TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
 
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure serviceCall US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
 
The Economic History of the U.S. Lecture 20.pdf
The Economic History of the U.S. Lecture 20.pdfThe Economic History of the U.S. Lecture 20.pdf
The Economic History of the U.S. Lecture 20.pdf
 
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
 
Quarter 4- Module 3 Principles of Marketing
Quarter 4- Module 3 Principles of MarketingQuarter 4- Module 3 Principles of Marketing
Quarter 4- Module 3 Principles of Marketing
 
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130  Available With RoomVIP Kolkata Call Girl Serampore 👉 8250192130  Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Room
 
VIP Call Girls Thane Sia 8617697112 Independent Escort Service Thane
VIP Call Girls Thane Sia 8617697112 Independent Escort Service ThaneVIP Call Girls Thane Sia 8617697112 Independent Escort Service Thane
VIP Call Girls Thane Sia 8617697112 Independent Escort Service Thane
 
00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx
 
Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
 
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service AizawlVip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
Vip B Aizawl Call Girls #9907093804 Contact Number Escorts Service Aizawl
 
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
 
The Economic History of the U.S. Lecture 18.pdf
The Economic History of the U.S. Lecture 18.pdfThe Economic History of the U.S. Lecture 18.pdf
The Economic History of the U.S. Lecture 18.pdf
 
Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...
Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...
Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...
 
02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx
02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx
02_Fabio Colombo_Accenture_MeetupDora&Cybersecurity.pptx
 
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
 
20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf
 
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
 
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services  9892124323 | ₹,4500 With Room Free DeliveryMalad Call Girl in Services  9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
 
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur EscortsHigh Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
 

Fairfax County Area Profile: Reston

  • 1. Photo: Reston Town Center by Greg Hess FAIRFAX COUNTY AREA PROFILE RESTON  World-renowned as one of the most successful planned communities, Reston is the second-largest commercial market in Fairfax County with more than 20 million square feet of office space.  Reston Town Center is among northern Virginia’s most vibrant areas for shopping, dining and entertainment, providing a true live- work-play environment.  Recognized by Fortune magazine as one of America’s best places to live, Reston boasts 1,300 acres of green space and more than 60 miles of trails for walking and biking, helping to provide an ideal environment in which to work and play.  Sixty-six percent of the population (ages 25 and older) has a bachelor’s degree or higher.  Major employers in the area include Fortune 500 firms Leidos and NVR, as well as Bechtel, Lockheed Martin, Thompson Hospitality and the U.S. Geological Survey. Foreign-owned employers include BAE Systems, Rolls-Royce, Siemens and Software AG.
  • 2. RESTON * Average of the median incomes for the combined ZIP Codes within the market Sources: Fairfax County Department of Housing and Community Services, Housing and Population Estimates 2016, American Community Survey (ACS) 2015 Five-Year Estimates POPULATION PROFILE ECONOMIC BASE Industry Jobs Share Professional, Scientific, and Technical Services 23,526 38.7% Administrative and Support Services 5,121 8.4% Health Care and Social Assistance 4,709 7.8% Information 4,114 6.8% Accommodation and Food Services 3,927 6.5% Retail Trade 3,190 5.3% Education Services 2,290 3.8% Finance and Insurance 2,270 3.7% Management of Companies and Enterprises 2,101 3.5% Other 9,472 15.6% Total 60,720 100.0% Sources: Virginia Employment Commission, Second Quarter 2016 and Fairfax County Public Schools RESTON IS HOME TO THE HIGHEST CONCENTRATION OF LARGE FIRMS (100+ EMPLOYEES) IN FAIRFAX COUNTY. Noblis headquarters, photo by Eric Laignel, courtesy SmithGroup JRR. EMPLOYEE BASE Workers’ Age Jobs Percent Age 29 or younger 12,556 19.3% Age 30 to 54 40,891 63.0% Age 55 or older 11,457 17.7% Source: U.S. Census Bureau, Local Employment Dynamics 2014 n 1-9 Employees 1,560 firms 63.7% n 10-49 Employees 609 firms 24.9% n 50-99 Employees 133 firms 5.4% n 100-249 Employees 105 firms 4.3% n 250+ Employees 43 firms 1.8% NUMBER OF FIRMS BY SIZE Source: U.S. Census, Bureau County Business Patterns 2015 % WITH BACHELOR’S DEGREE OR HIGHERRESIDENTS 62,999 HOUSEHOLDS 27,06467.2% MEDIAN HOUSEHOLD INCOME* $111,555 <30 30–54 55+
  • 3. Urban Popup stores at Wiehle-Reston East Metrorail Station. Photo by David Madison, courtesy Urban Pop. RESTON SELECTED EMPLOYERS American Society of Civil Engineers ● Appian ● BAE Systems Bechtel Carahsoft Technology ● Collaborative Solutions ● ● comScore ● Defense Intelligence Agency Dominion Consulting ● Ellucian ● Government Scientific Source ● ● HCA InDyne ● InScope International ● ● Knight Point Systems ● ● Leidos ● ● MAXIMUS ● Microsoft NCI ● NII Holdings ● Noblis ● NVR ● ● Oracle CHAMBERS OF COMMERCE AND BUSINESS GROUPS Greater Reston Chamber of Commerce TiE DC – The Indus Entrepreneurs KEY: ● Headquarters ● Fortune 500 Headquarters ● Minority, Woman- or Veteran-Owned Palo Alto Networks Pragmatics ● ● Rolls-Royce North America SAGE Software SAIC SeKON Enterprise ● Sequoia Holdings ● Serco Inc. SoftwareAG Sprint STG ● Thompson Hospitality ● ● Thundercat Technology ● Unisys U.S. Geological Survey Verisign ● RESTON HAS THE HIGHEST NUMBER OF ASSOCIATIONS IN FAIRFAX COUNTY, ACCOUNTING FOR NEARLY ONE-THIRD OF THE COUNTY TOTAL. Photo: 1 Reston Tower rendering, courtesy 1 Reston Tower
  • 4. 8300 Boone Boulevard, Suite 450, Tysons Corner, Virginia 22182 USA • 703-790-0600 • info@fceda.org • www.fairfaxcountyeda.org • @FairfaxEDA COMMERCIAL REAL ESTATE INVENTORY Square Footage Asking Lease Rates* Total Low High Reston Office 19,963,080 $15.00 $52.00 Industrial/Flex 433,775 $12.00 $14.00 *Annual per square foot Source: FCEDA Yearend 2016 Real Estate Report Photo: Reston Town Center by Ross Kirby RESTON 286 Fa Reston Town Center (Future) 267 286 Wiehle-Reston East 7 Photo: Long & Foster The Lake Anne Village Center is a Commercial Revitalization Area, which entitles landowners and developers to the use of expedited development review procedures. www.fcrevit.org