This is just a taste of what we mean when we talk about our commitment to customer service as a full-service economic development partner. To learn more about what that means for your next client, please contact me today via email or by calling 703-737-8386.
Loudoun Jobs Board:
Looking for a job in Loudoun County, Virginia? You could be four clicks from your next job! This tool is a one-stop shop for connecting the region’s educated workforce with the businesses in search of needed talent, by aggregating opportunities from more than 40,000 public job boards.
Start Your SearchLoudoun’s COVID-19 Business Grants:
$21 million in grant funding was efficiently disbursed to more than 2,000 Loudoun businesses to help offset the business interruption and recovery from COVID-19.
Learn MoreData Center Task Force:
Loudoun Economic Development took the lead in organizing more than 350 data center companies around a common industry response to the COVID-19 lockdown.
Learn MoreWith You Every Step of the Way
Loudoun Economic Development is a full-service economic development organization, which is like adding local experts to your team. Work with us to leverage personalized ombudsman services for real estate, permitting and process navigation, and workforce development—all at no cost to you. My team can help you:
- Locate In Loudoun: Bobby Klancher is our real estate intelligence manager and will pull available land and building reports that meet your needs and specifications. His local insight also includes properties and leasing opportunities that are not yet on the market.
- Navigate the Process: Katy Lowitz can work with you on any zoning and permitting questions, as well as helping you navigate the county’s process to open your business. She is also the administrator of our Fast-Track Commercial Incentive Program, which can shorten the development process by up to 75% for qualifying projects.
- Develop Your Workforce: Nancy Evanko is our workforce development and is a dedicated resource for talent development, overseeing the Work In Loudoun initiative. Whether your client needs help with workforce attraction, retention or upskilling, she can provide the introductions and access to resources to keep up with your client’s growth plans.
Real Estate Spotlight: Rivana at Innovation Station
Innovation Station is a multi-phase, 103-acre, transit-oriented, mixed-use development that straddles Loudoun County and Fairfax County. The masterplan envisions a 9 million square foot, walkable urban center that is directly connected to the Innovation Center Metro station.
Located at the confluence of Route 28 and the Dulles Toll Road in Loudoun County, Virginia, Rivana at Innovation Station will include:
- A 185,000 square foot retail village;
- 1.8 million square feet of Class-A office space;
- 1,954 residential units;
- A 265-room full-service hotel;
- A world-class performing arts venue;
- Two expansive public parks.
Construction of Rivana is expected to commence in the first quarter of 2022 and the project will begin to deliver in 2024.
Loudoun County Taxes and Incentives
Loudoun County has a competitive tax structure and business-friendly approach that is reflected in every facet of the county’s work. This is part of the reason why Loudoun has led the Commonwealth of Virginia in new commercial investment every year since 2016.
Recent Loudoun Business Incentive Recipients:
| Applicant/Grantee | Approved Date | Incentive Amount |
|---|---|---|
| Telos | February 2014 | $500,000 |
| Stryker (formerly K2M Group Holdings) | January 2015 | $450,000 |
| Children's Science Center | September 2015 | $250,000 in fee waivers and cash, not to be granted until all capital construction costs have been raised by Children Science Center. |
| Pilot Malt House | January 2016 | $19,500 |
| Airbus Americas Customer Service Logistics Center | May 2016 | $200,000 |
| Computer Strategies (Unanet) | October 2016 | $125,000 |
| Chrysalis Vineyards | October 2017 | $24,000 |
| Kappa Farms | October 2017 | $40,000 |
| Cuisine Solutions | February 2018 | $180,000 |
| American Real Estate Partners (Customs and Border Protection) | March 2018 | $24,750,000 ($1,650,000 per year) |
| Discovery Communications | June 2018 | $500,000 |
| Rockwell Collins | July 2018 | $125,000 |
| Little Austria | December 2018 | $13,700 |
| Loudoun Mutual | February 2019 | $42,000 |
| Aperiomics | June 2019 | $75,000 |
| Airbus Americas, Inc. | July 2019 | $125,000 |
| Loudoun Made, Loudoun Grown Marketing Fund | September 2019 | $50,000 |
| Business Interruption Fund - Round 1 | May 2020 | $1,400,000 |
| Business Interruption Fund - Round 2 | June 2020 | $3,545,000 |
| Business Interruption Fund - Round 3 | July 2020 | $2,000,000 |
| Business Interruption Fund - Round 4 | September 2020 | $1,300,000 |
| Business Interruption Fund - Round 5 | October 2020 | $3,300,000 |
| Loudoun Is Ready Outdoor Seating Grant | December 2020 | $250,000 |
| Zasti, Inc. | March 2021 | $150,000 |
Loudoun’s Non-Cash Incentives:
In addition to incentives and loans, a variety of other opportunities are available to expanding or relocating businesses in Loudoun County, including:
- A competitive county tax structure.
- A Fast-Track Commercial Incentive Program, aimed toward targeted industries and projects, designed to improve plan review timelines and direct communication with key decision makers.
- The Loudoun County Business Assistance Team gives you coordinated, “no wrong door” service. This cross-departmental team helps simplify the permitting, licensing, mapping and zoning process for you.
Virginia’s Incentive Opportunities:
Whether you’re starting, relocating or expanding a business in Loudoun County, we’ve got the financial incentives and financing opportunities that set a foundation for your success, including local incentives and matches for:
Virginia Jobs Investment Program: Designed to support private-sector job creation, this incentive covers recruiting and training costs incurred during new job creation or technology upgrades and provides a variety of free recruiting and training services.
New Jobs Program: An incentive for companies generating over 50 percent of their revenue outside Virginia, creating 25+ new, full-time jobs in Virginia within the first year, and making a new capital investment of $1 million or more.
Small Business New Jobs Program: An incentive for existing Virginia companies with 250 employees or fewer, creating at least five new, full-time jobs within the first year, making a new capital investment of at least $100,000, and paying a minimum entry-level wage of $10 per hour.
Commonwealth’s Opportunity Fund: A discretionary incentive for relocating and expanding companies and is awarded to localities on a local 100 percent matching basis. To be eligible for this program, a company must create at least 50 new jobs for which the average wage, excluding fringe benefits, is no less than Loudoun’s prevailing average wage.
Quality of Life in Loudoun
Any community can talk about its quality of life, but few can back that story up with third-party validation. Here are just a few important ways in which Loudoun’s quality of life is second-to-none:
1. Safest County in the National Capital Region ?♀️
Loudoun County has the lowest crime rate of any jurisdictions in the national capital area, which includes parts of Virginia, Maryland and Washington, D.C. The rate of serious crimes in Loudoun has dropped 34 percent since 2012, while the county’s population has increased by more than 60,000.
2. Highest Home Broadband Access in Virginia ?
According to the latest figures from the U.S. Census Bureau, Loudoun has the highest percentage of households with a fixed broadband (not mobile) Internet subscription in Virginia. In fact, Loudoun’s 93 percent figure trails only Douglas County, Colo., (which is at 94.6 percent) for the highest broadband Internet subscription in the U.S.
3. Happiest Large County in the U.S. ?
Loudoun is the happiest large county in the United States, according to results from SmartAsset. According to the 2019 study, “The county has a low poverty rate, with only 3.7 percent of residents living below the poverty line. In addition to economic stability, Loudoun County residents also enjoy relatively long lives. The average life expectancy in the county is 83.19 years.”
4. Fastest-Growing County in Virginia ?
Loudoun County has eclipsed 400,000 residents and adds an average of 30 new residents each day, leading to 29 percent population growth since 2010, tops in Virginia. Nationally, over that span, Loudoun ranks 20th in growth of 3,142 counties and seventh among counties with a population of 100,000 or more. With Washington-Dulles International Airport providing access to more than 50 world capitals, nearly one in four Loudouners were born outside the U.S.
Ready to learn more about Loudoun County, Virginia?
Click the picture below to contact Rick Morris today!
