|
Herndon
Area Business
Report |
Area Map | Major Employers
Map
The Herndon submarket is located in northwest Fairfax County, between Reston and Washington Dulles International Airport. It enjoys excellent accessibility via the Dulles Toll Road (Rte. 267) and Fairfax County Parkway (Rte. 7100).
The Town of Herndon is one of the region's most dynamic office, retail and hotel centers. Herndon's historic downtown includes numerous restaurants and shops, a farmer's market and fairs and festivals held throughout the year.
Commercial development is focused along Elden Street, Herndon Parkway, Spring
Street and Worldgate Drive. Office space totals nearly 5.7 million square feet
and runs the gamut from small condominiums to high-rise structures along the
Dulles Toll Road.
Additionally,
more than 1.1 million square feet of industrial/flex space is present, as is
1.2 million square feet of retail development. Due to its proximity to Washington
Dulles International Airport, the submarket has nine hotels with more
than 1,450 rooms.
Herndon is home to the Center for Innovative Technology (CIT), a non-profit institution founded by the Commonwealth of Virginia to foster technological innovation through partnerships between Virginia businesses and its colleges and universities. To date the CIT has been instrumental in not only creating and retaining jobs, but also thrusting Virginia into the world spotlight as a leader in technological innovation.
Major employers in Herndon include Airbus, Fannie Mae, General Dynamics, LaFarge, Sprint Nextel, Northwest Federal Credit Union, Parsons Brinckerhoff, Savvis, Symantec, Verizon and the federal government.
Return to Real Estate Page
|