|
Fairfax Center/Oakton
Area Business
Report |
Area Map | Major
Employers Map
The Fairfax Center/Oakton submarket is centrally located in Fairfax County and straddles Interstate 66 from Chain Bridge Road (Rte. 123) west to Stringfellow Road. Commercial development is concentrated in three nodes along I-66 at Chain Bridge Road, U.S. 50 and the Fairfax County Parkway.
The Fairfax Center area is the result of a comprehensive planning process initiated by Fairfax County in 1980 to accommodate not only westward growth, but also in anticipation of the relocation of the Fairfax County Government Center to this area from the City of Fairfax.
This submarket is one of the five largest office submarkets in Fairfax County
with 9.4 million square feet of office development, most of which is located
in Fair Lakes. The Fair Lakes development is a 650-acre mixed use project containing
office, retail, and residential uses in a wooded setting. In Oakton the primary
office park is Flint Hill. In general, office development is a mix of low,
mid, and high rise structures with primarily surface parking.
Fairfax Center also contains one of the largest concentrations of retail development in the county with almost 4.8 million square feet. It is home to Fair Oaks Mall, a 1.6 million square foot super regional mall, Fair Lakes Center, an 850,000 square foot power center, and Fairfax Corner, a “Main Street” mixed-use project.
Major employers include CGI- AMS, AT&T, Anteon, Fairfax County, General Dynamics, Lockheed Martin, Long & Foster, Mantech, National Rifle Association, Northrop Grumman, SRA International, Veridian and webMethods.
Return to Real Estate Page
| |