Fairfax County, Virginia USA, Friday, February 10, 2012 -
Fairfax County Economic Development Authority (FCEDA) President and CEO Gerald L. Gordon, Ph.D., last night received the “Trendsetter of the Year” Award at the 15th annual Washington, D.C. TrendLines event presented by national commercial real estate firm Transwestern, its research affiliate, Delta Associates, and sponsors Baker Tilly and PNC Bank. The event at the Ronald Reagan Building and International Trade Center in Washington drew about 1,000 attendees from the commercial real estate community.
Transwestern honored Gordon as its 2012 Public Sector TrendSetter of the Year, citing his “tireless advocacy and steadfast leadership” in promoting Fairfax County as a business location since joining the FCEDA in 1983. In that time, the amount of office space in the county has risen from 32 million square feet to more than 113 million square feet, making Fairfax the second-largest suburban office market in the United States. Transwestern noted that companies such as Volkswagen of America, Hilton Worldwide, Verisign, Northrop Grumman and Bechtel have established headquarters operations in the county.
During Gordon’s tenure, the real estate tax rate has dropped from $1.47 to $1.07 (per $100 assessed value). The number of jobs in the county has risen from 243,000 in 1983 to more than 600,000 today. Transwestern said Fairfax County is “perennially cited as one of the top jurisdictions in the country to live, work, shop and play.”
“I am honored to be recognized by the TrendLines program and am pleased to accept the TrendSetter award on behalf of the men and women of the county government, the Board of Supervisors, the business community, and the staff and board of the FCEDA who have, for 30 years, been consistently supportive of business growth and overall excellence,” Gordon said.
Transwestern honored George McKenzie, president and CEO of the Washington Real Estate Investment Trust, as its 2012 Private Sector TrendSetter of the Year. Greg Leisch, CEO of Delta Associates, gave a presentation highlighting opportunities in the Washington-area commercial real estate market. Attendees received a copy of the 15th edition of the TrendLines publication “Trends in Washington, D.C. Commercial Real Estate – Navigating Uncertainty.”
Time magazine called Fairfax County, “one of the great economic success stories of our time.” Business growth and innovation helps Fairfax County fund the nation’s top-rated school system and other public services that contribute to the quality of life of residents. Fairfax County offers businesses a state-of-the-art telecommunications infrastructure, access to global markets through Washington Dulles International Airport, a vibrant investment capital community and a highly skilled, well-educated workforce.
The award-winning Fairfax County Economic Development Authority promotes Fairfax County as a business and technology center. The FCEDA offers site location and business development assistance, and connections with county and state government agencies, to help companies locate and expand in Fairfax County. In addition to its headquarters in Tysons Corner, Fairfax County’s largest business district, the FCEDA maintains marketing offices in seven important global business centers: Bangalore, Boston, Munich, London, Los Angeles, Seoul and Tel Aviv. Follow @FairfaxEBird for FCEDA and Fairfax County business news.
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