Why Leesburg? Confidence Momentum Opportunity Major Projects - - PowerPoint PPT Presentation

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

Anticipated Groundbreaking: April 1, 2014

Representatives: Bob & Blair White, Al Hansen, Geoff Lewis, Peter Arundel D R A F T

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

Representative; Hobie Mitchell D R A F T

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

Sycolin Overpass Battlefield Parkway Route 7 Climbing Lane Leesburg South Oaklawn

Crescent Parke

Other Key Projects

• Oaklawn

Store with pumps approved by Town Council 165 acres - 326 residential units, 1 million sf office, 130,000 sf of retail and 150 room hotel. D R A F T

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

• f uses

Tools

Federal program designed to increase the competitive advantage in winning government contracts.

Total Leesburg HUBZone Companies 33

(Certified and those seeking certification)

Prospects- 35

Source: Town of Leesburg- Economic Development

New Companies Landed- 25 New Jobs Created- 115 Leesburg HUBZone Linkedin Page- 69 Members

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