The new facility helps
diversify the Fairfax economy, something the economic development authority has been working toward for sev- eral years. “This is the magnet we needed to grow the trans- lational medicine industry in Fairfax,” Gordon says. “It will attract worldwide attention.” Last year Fairfax
heightened its focus on new industries such as transla- tional medicine, cybersecurity, cloud computing and data analytics. “We have created new positions to pursue those businesses,” Gordon says. Arlington has started
to stabilize its vacancy rate, which dipped at the end of the third quarter last year. It was the first time the rate has dropped appreciably in more than five years. The current rate sits at 21 percent. “Companies are starting to move back to Arlington and backfill some of this space,” says Christina Winn, director of the business investment group for Arlington Economic Development. Through October the
county closed 30 deals, which are expected to create or retain nearly 3,000 jobs and more than 800,000 square feet of office space. One of its biggest wins was an announcement from Lidl, a Germany-based discount supermarket chain, that will invest $77 million in establishing its U.S. corporate headquarters in the county (see story on Page 22). The Arlington County
Board also approved plans to transform Ballston Mall into Ballston Quarter with shops and a new, mixed-use residen- tial building. The county will invest approximately $55.5
million in the $317 million project in a public/private partnership with Ohio-based Forest City Enterprises, owner of the Ballston Quarter sites. Other wins involved GW
Medical Faculty Associates, the largest independent physi- cian network in the Washing- ton, D.C., area with more than 750 health-care providers. It is relocating one of its offices from Washington to Arlington, occupying 50,000 square feet of office space. It is expected to create more than 200 jobs in its first year at the new site. The American Diabetes
Association moved its head- quarters back to Arlington’s Crystal City from Alexandria, taking 78,000 square feet of space for its 300 employees. Also moving into Crystal City was the global startup incuba- tor and seed fund 1776. Prince William County
also is attracting new busi- nesses, breaking its records for capital investment and job creation. Last year capital investment totaled more than $500 million for the fourth consecutive year and for the fifth time in the economic development department’s 19-year history of operations. The 13 projects closed by
the department represented $666 million in capital invest- ment and the promise of 480 new jobs. “Prince William County
is hot,” said Jeff Kaczmarek, executive director of the department of economic development. “The county’s growth is owed in part to its strategic location and excel- lent competitive edge. We have a ready supply of highly educated young professionals,
affordable and available land and competitive labor costs, all of which result in a strong value proposition within the Greater Washington, D.C., metropolitan area.” Ventech Solutions Inc.
selected Prince William County as the site for its regional innovation, operations and engineering (IOE) center. The IT company plans to invest more than $1.5 million, creating 200 jobs with an aver- age salary of $80,000 a year. RiVidium Inc., an
information technology and human resources sup- port business, expanded in the county, doubling its workforce from 30 to 70 employees and adding 1,500 square feet. In addition, the county
elevated its branding and exposure internationally by hosting the Quicken Loans PGA Tour at Robert Trent Jones Golf Club in Gaines- ville. Twenty-one million viewers tuned in to watch the tournament.
Northern Virginia’s recent deals Company Bechtel
Location Fairfax County
Navy Federal Credit Union Fairfax County Lidl EY
TEKsystems
American Diabetes Association
ServiceSource
GW Medical Faculty Associates
CGI Ventech Solutions
Arlington County Fairfax County Fairfax County
Arlington County Fairfax County
Arlington County Loudoun County
Prince William County
Source: Virginia Economic Development Partnership
Major employers by number of jobs Company
Location
Department of Defense Arlington Loudoun County Schools 10,000+ Inova Health System Deloitte
Department of Homeland Security
Arlington
Department of Justice Arlington Department of State Booz Allen Hamilton Freddie Mac
General Dynamics Sources: Economic development offices
www.VirginiaBusiness.com VIRGINIA BUSINESS 21
Arlington Fairfax Fairfax Fairfax
# jobs
20,000+ 14,738
Fairfax County Arlington
7,000+
5,000-9,999 5,000-9,999 5,000-9,999
5,000-9,999 4,000-6,999 4,000-6,999 4,000-6,999
# jobs 700 600 500 462 324
300 271 230 225 200
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