Steve Hargan Loudoun County Department of Economic Development 15 January 2014 1-(800)-LOUDOUN biz.loudoun.gov Loudoun County - Location • 30 miles from D.C. – Nation’s capital and vibrant urban and cultural center • Information and communications technology is the largest industry cluster in Loudoun County – Employs 23,000 people and represents 21% of Loudoun's businesses • 70% of all internet traffic each day flows through Loudoun County • Loudoun is also home to over 1,400 farms, totaling 142,000+ acres 1-(800)-LOUDOUN biz.loudoun.gov Loudoun County - People • High tech companies and careers attract the right people to Loudoun – 216% industry growth and 105% industry job growth since 2003 • Highest household median income in the US - $119,134 (2011) • More than 50% of residents have at least a bachelors degree (vs. 28% of US adults) • Loudoun County unemployment rate is 4.5% compared to national average of 7.8% and DC rate of 8.9% (June 2013) • The #1 highest concentration of technology workers in the U.S., according to TechAmerica 1-(800)-LOUDOUN biz.loudoun.gov Loudoun County - Access • 23.7 million people will transit through Dulles International Airport this year • New DC METRO expansion will bring METRO to Dulles and Loudoun County in 2018 • Constantly improving network of freeways and roads permit rapid movement 1-(800)-LOUDOUN biz.loudoun.gov METRO Is Coming - 2018 1-(800)-LOUDOUN biz.loudoun.gov Loudoun County - Business • We actively recruit new businesses because more companies equal less tax burden on families in Loudoun County. • We have a very competitive business tax environment. • All County departments are dedicated to helping new and expanding businesses thrive. 1-(800)-LOUDOUN biz.loudoun.gov CURRENT LOUDOUN BUSINESSES Airbus Alcatel-Lucent Guernsey HHMI Janelia Farm Sabey Swissport Amazon AOL Homeland Security Telos iGate Jeol JK Moving Latysis MC Dean Metron Aviation Neustar NIITEK Orbital Qwest RagingWire Toll Brothers BAE Systems Brauns Int’l Cable & Wireless CACI Carpathia Digital Realty Discovery DuPont Fabros Dulles Airport Equinix Facebook Federal Express Raytheon Rehau REI Systems Rockwell Collins United Air Lines US Airways Express VeriSign Verizon Business Virgin Atlantic Visa Washington Redskins Loudoun County - Community • • • • • • • • Colleges and Universities: 7 Community Centers: 11 County Founded: 1757 County Seat: Leesburg Land Area: 520 square miles Library Branches: 8 Population: 339,123 (2013 Estimate) Public Schools: 82 (2012-2013) – some of the best in the nation 1-(800)-LOUDOUN biz.loudoun.gov LOUDOUN COUNTY - SUCCESSES • • • 47 new or expanded businesses in FY13, worth $424 million. 1,363 jobs. 150 prospects in the pipeline. Steve Hargan Business Development Manager Steven.Hargan@Loudoun.gov 1-(800)-LOUDOUN biz.loudoun.gov