Countywide

Fairfax leaders unanimously agreed on Tuesday (Aug. 26) to reinforce existing local economic development work, while criticizing efforts at the state level.

“Virginia’s economy is dependent in no small part on Fairfax County’s success,” Board of Supervisors Chairman Jeff McKay said. “Now is the time to double down. If Virginia is not going to step up … we will.”


Around Town

One of the world’s largest telecommunications companies has officially opened its Chantilly-based regional hub.

A ribbon-cutting ceremony for AT&T’s new building, located at 4807 Stonecroft Blvd in Westfields Center, was held last week, the Fairfax County Economic Development Authority (FCEDA) announced.


News

A defense contractor that manufactures weapons, armored vehicles, and other military systems is setting up a new base in Merrifield.

Two U.S. subsidiaries of the German company Rheinmetall have leased nearly 10,000 square feet of office space at Metro Place II (2600 Park Tower Drive) in Merrifield, the Fairfax County Economic Development Authority (FCEDA) announced yesterday (Tuesday).


Countywide

As federal worker layoffs drive up unemployment, a new roadmap to reshaping the regional economy, proposed by local business leaders, says Northern Virginia will have to reinvent its economy if it hopes to succeed.

The Northern Virginia Chamber of Commerce (NVC) and consulting firm Accenture released the NOVA Roadmap yesterday (Monday) at a press conference, calling it a “bold, actionable vision to reimagine the region’s economy.”


News

An information technology company that received competing offers from Texas, Florida and West Virginia has decided to stay put in Tysons.

Described by the Fairfax County Economic Development Authority as “one of the fastest growing” IT service companies in the U.S., 22nd Century Technologies is committing $1 million to an expansion of its headquarters in the EastBoro I office building at 8251 Greensboro Drive.


Around Town

A new mural is taking shape in the heart of Fairfax City.

Richmond-based illustrator Bailey Sullivan is currently working on “Fox in the Flowers” and expected to finish painting tomorrow (Friday). The completed mural will be officially unveiled at a ribbon-cutting ceremony at 2 p.m. on July 10.


Countywide

Fairfax County doesn’t want to be left behind in what’s looking like an artificial intelligence arms race.

At a meeting of the Board of Supervisors Council for Economic Opportunity on Tuesday (June 3), regional government and private sector leaders discussed plans to assemble an AI Coalition.


Countywide

Local economic development organizations have joined forces to launch a comprehensive initiative aimed at assisting federal employees, contractors and other professionals facing career disruptions.

The Pivot” is an initiative of the Northern Virginia Economic Development Alliance, which includes the Fairfax County Economic Development Authority.


News

A company whose satellites help connect people across the globe is looking to expand its footprint in Tysons.

After more than a decade at 1775 Tysons Blvd, Iridium Communications will move its corporate headquarters to the west side of Tysons Galleria, investing $13 million to build out a 55,000-square-foot space at 1676 International Drive.


News

At a time when small businesses locally and nationally are starting to feel the economic fallout of federal spending cuts and tariffs, the City of Fairfax is doing its part to give those businesses a promotional boost.

Fairfax City Economic Development (FCED) is nearing the halfway point of its Small Business Month celebrations, which kicked off on April 28 and will culminate on May 31 with a retail fair in Old Town Square (10415 North Street).


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