Virginia Governor Ralph Northam has announced that Microsoft Corp., a worldwide provider of software, services, devices, and solutions, will invest USD 64 million to establish a new software development and R&D regional hub in Fairfax County, which will create 1,500 new jobs, the company said.
The company will occupy 400,000 square feet in Reston for its future software development efforts with plans to include a new retail space for engaging directly with customers.
Microsoft, headquartered in Redmond, Wash., and with 156,000 employees worldwide, has had a presence in Reston since 2002. The company will be leasing about 400,000 square feet of space at 11955 Freedom Drive (Two Freedom Square) in the town center and plans to occupy the space beginning in summer 2021. The company will retain the 153,000 square feet of space it occupies at 12012 Sunset Hills Road.
Microsoft has a strong presence in other areas of Virginia as well. The company has a corporate presence in the Richmond area, and an enterprise data center in Mecklenburg County in Southside Virginia.
Fairfax County Executive Bryan Hill thanked Microsoft for its vote of confidence in Fairfax County. He noted that he and Jeff McKay, chairman of the Fairfax County Board of Supervisors, have made diversification of the local economy a priority.
The Fairfax County Economic Development Authority promotes Fairfax County as a business and technology center. In addition to its headquarters in Tysons, Fairfax County´s largest business district, the FCEDA maintains business investment offices in six important global business centers: Bangalore/Mumbai, Berlin, London, Los Angeles, Seoul and Tel Aviv. Follow the FCEDA on Facebook, Instagram, LinkedIn, Twitter and YouTube.
The FCEDA is a member of the Northern Virginia Economic Development Alliance, which promotes and markets Northern Virginia outside the region and conducts activities and events to build the regional business community. Other members of NOVA EDA are the Alexandria Economic Development Partnership, Arlington County, City of Fairfax, City of Falls Church, Fauquier County, Loudoun County, City of Manassas, City of Manassas Park and the Prince William County Department of Economic Development.