Why Leesburg?
Confidence Momentum Opportunity
Major Projects Courthouse Square Crescent Place Lowe’s
Courthouse Square • 93,172 sq ft Office • 17,388 sq ft Retail/Restaurant • 345 parking spaces D R A F T Anticipated Groundbreaking: April 1, 2014 Representatives: Bob & Blair White, Al Hansen, Geoff Lewis, Peter Arundel
Crescent Place 224 Residential Units 16 Live/Work Units 27,000 sf ground floor commercial/retail uses Approved by Town Council in December 2013 Next steps demolition and ground breaking D R A F T Representative; Hobie Mitchell
Lowe’s Center • 152,245 sq ft Lowe’s • 120,093 sq ft Retail Approved by Town Council On January, 14, 2014 Representative -(s) Colleen Gillis Snow
Key Economic Drivers
Transportation Infrastructure Route 7 Climbing Lane Sycolin Overpass Battlefield Parkway Crescent Parke Oaklawn Leesburg South
Other Key Projects • Oaklawn D R A F T 165 acres - 326 residential units, 1 million sf office, 130,000 sf of retail and 150 room hotel. Store with pumps approved by Town Council
Other Key Projects • Oaklawn • Leesburg South Residential 250 acres with 23 acres of commercial & final leg of Battlefield Parkway to Route 15 South. Working on lot layout and storm water management. Concept plan expected for corner of Evergreen Mills and South King Street.
Other Key Projects • Oaklawn • Leesburg South • Crescent Parke Purchased by Lansdowne Development Corporation 175,000 non residential uses 480 residential uses
Other Key Projects • Oaklawn • Leesburg South • Tally Ho Downtown Leesburg draws in music, art & dining
Other Key Projects • Oaklawn • Leesburg South • Tally Ho • Courts Complex – 125,000 sq ft in 2 phases – $45,000,000 – Structured parking – Architectural & Engineering Contract Awarded
Other Key Projects • Oaklawn • Leesburg South • Tally Ho • Courts Complex • Loudoun Cares - Currently fundraising for the project.
Moving Forward • Mason Enterprise Center 10,000 sf building 100% occupied in 1.5 years Business accelerator program designed to help businesses achieve maximum success
Moving Forward • Mason Enterprise Center • Leesburg Executive Airport Dulles alternative, • 230 based aircraft • ILS, Helicopter • 5,500 ft runway •
Moving Forward • Mason Enterprise Center • Leesburg Executive Airport • Downtown Improvements $5,000,000 for 3 phases – Loudoun Street Improvements Complete in Spring 2014. – King Street to start in Spring of 2014.
Moving Forward • Mason Enterprise Center • Leesburg Executive Airport • Downtown Improvements • Crescent Design District A zoning district with an emphasis on design & a mix of uses
Tools Federal program designed to increase the competitive advantage in winning government contracts. Total Leesburg HUBZone Companies 33 New Companies Landed- 25 (Certified and those seeking certification) New Jobs Created- 115 Prospects- 35 Leesburg HUBZone Linkedin Page- 69 Members Source: Town of Leesburg- Economic Development
Tools • HUBZone • Arts & Cultural District • Retail Opportunity Study Data (2012) Designed to boost the arts and cultural small businesses via relief of BPOL and Town real estate tax
Incentives • VA VJIP Incentive • Governor’s Opportunity Fund • Loudoun EDA
Periphery • Crosstrail – Peterson property- 445 acres in the Town annexation area • Tuscarora Crossing – 250 acres in Town annexation area • Morven Park –
Leesburg Launch Pad www.leesburgva.gov/business
Why Leesburg? Because Leesburg has it all – • An educated & talented workforce • Unsurpassed sense of place • Inspiring & progressive community • Critical infrastructure It is the best place to start or grow a business, enjoy family-oriented community amenities and be proud to share the best of times with family and friends.
Contact Marantha Edwards Economic Development Director medwards@leesburgva.gov 703-737-7019 www.leesburgva.gov/business Doug Parsons Business Development Manager dparsons@leesburgva.gov
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