Economic Development & Education

Economic Development
If you are considering a location in the Washington area market, Fairfax County and the City of Fairfax offer strong business climates and opportunities. We’re located at the center of the Washington Metropolitan Area and the heart of Northern Virginia. Fairfax County and The City of Fairfax are only minutes from downtown Washington D.C., Washington Dulles International Airport, and Ronald Reagan Washington National Airport. Additionally, Baltimore/Washington International Thurgood Marshall Airport (BWI) is only 38 miles away, and together all three airports offer over 1,000 nonstop flights daily to more than 90 domestic and 50 international destinations. Fairfax County also has an excellent network of Interstate and limited-access expressways; I - 95, I - 495, I-66, the Dulles Toll Road and Route 28. In addition to its roadway network, Fairfax County has five Metro stations, offering direct rapid transit service to Washington, DC and Regan National Airport. The first phase of the Metro Silver Line is scheduled to open during the first half of 2014 and will add five new stations in Tysons Corner and Reston, the second phase of the Silver Line is scheduled to open in 2018, and will add three stations as well as direct service to Dulles International Airport. Fairfax County is served by Amtrak and Virginia Rail Express commuter railroad, and has easy access to Union Station in Washington, D.C., which offers frequent high-speed service to New York City as well as service to dozens of destinations nationwide. Fairfax County and the City of Fairfax are also served by Metrobus, the Fairfax Connector and CUE buses. Fairfax’s multi-modal transportation network and its close proximity to three of the nation’s busiest airports make it easy for customers, employees and suppliers to get to destinations around the nation and the world.

Fairfax County is the second largest suburban office market in the U.S. behind Orange County, California, with more than 115 million square feet of office space. It has over 32 percent of all office space in the state of Virginia and 25 percent of the office space in the Washington Metropolitan area. Tysons Corner is the largest submarket in Fairfax County with over 26 million square feet of space and nearly 48 million square feet of additional mixed-use development in the pipeline. Additionally, the county also has more than 39 million square feet of Industrial/Flex space. There is also nearly 50 million square feet of retail space including five major shopping malls as well as 99 hotels with more than 17,000 rooms.
Virginia stands as one of the best fiscally managed states in America. Additionally, Northern Virginia has an outstanding reputation as a business magnet. Further, there is the highly educated labor market produced by the nationally acclaimed Fairfax County school system and a host of colleges and universities including. Fairfax-based George Mason University.

Education
Since it was founded in 1972, George Mason University has grown into a major educational force and earned a reputation as an innovative, entrepreneurial institution. Just minutes from Washington, D.C., George Mason has a growing and diverse student body and an exceptional faculty of enterprising scholars. At the center of the world’s political, information, and communications networks, George Mason is the university needed by a region in a world driven by new social, economic, and technological realities. Enrollment is over 33,000, with students studying in 148 degree programs at the undergraduate, master’s, doctoral, and professional levels at campuses in Arlington, Fairfax, and Prince William Counties.


Business Incubator Program

The Fairfax Innovation Center is the largest colleged-based business incubator in Virginia. Our mission is to facilitate business growth by providing a nurturing environment, comprised of low-cost shared facilities, and business counseling and support. Located at the Mason Enterprise Center (MEC) in Old Town Fairfax, Fairfax Innovation Center is a joint venture of the City of Fairfax and George Mason University. We offer furnished office space, telephone service, receptionists, and internet access. Most importantly, tenants benefit from free one-on-one business counseling, networking, and partnering opportunities. Gain access to MEC’s business assistance programs, seminars, and workshops.


For more information, call 703-277-7700.
E-mail: jbarral@gmu.edu, Web Site: http://www.fairfaxinnovationcenter.org.