At a time when other industries are cutting back, Microsoft Corp. will invest $64 million to establish a new research and development hub in Reston Town Center.
The move will create 1,500 new jobs as the software giant occupies 400,000 square feet in Two Freedom Square (11955 Freedom Drive) in Reston Town Center. The company will retain 153,000 square feet of space it currently occupies at 12012 Sunset Hills Road.
Terrell Cox, Microsoft’s general manager said the company’s expansion in Reston will allow the company to “deliver even more solutions from a region known for its innovation and passion for technology.”
“One of Microsoft’s core principles is actively listening to our customers, so we can build and improve our technology based on their feedback. Being close to our customer base is extremely important to our ongoing collaborations,” Cox said.
Here’s how local and state elected officials responded to the news:
“Virginia, like the rest of the nation, is facing unprecedented job loss due to COVID-19, so this announcement couldn’t come at a better time,” said Governor Northam. “Microsoft Corp. and Virginia share a strong history, and we are proud that this major operation in Fairfax County will add to the company’s significant job count across our Commonwealth. Virginia is a leader in the information technology industry, and Microsoft’s continued investment here is a testament to our top-ranked business climate, infrastructure, and world-class workforce.”
Fairfax County Executive Bryan Hill thanked Microsoft for its vote of confidence in Fairfax County and noted that he and Jeff McKay, chairman of the Fairfax County Board of Supervisors, have made diversification of the local economy a priority.
“We are very excited about Microsoft’s expansion in Fairfax County,” Hill said. “This investment further strengthens our reputation as a business-friendly community and showcases our ability to attract the country’s top companies, even in these turbulent times. Chairman McKay, the Board of Supervisors and I are thrilled with this news, as we continue to work to diversify our economy.”
“Microsoft can choose from any number of technology hubs for its operations, and we are so pleased that the company chose to expand its operations in Fairfax County and Northern Virginia,” said Victor Hoskins, President and CEO of the Fairfax County Economic Development Authority. “Because of our wealth of technology talent and the tech ecosystem here, this area is a great match for the company’s talent needs as well as its business goals.”
“Reston is proud to welcome Microsoft’s expansion in our Town Center,” said Senator Janet Howell. “Microsoft Corp. has been an important corporate citizen for many years. The decision to grow here is yet more proof that our region is a major technology hub.”
“I am thrilled that Microsoft has chosen to locate this significant operation and create 1,500 new jobs in Fairfax County,” said Delegate Kenneth Plum. “The Commonwealth and the County have a longstanding relationship with Microsoft, and this operation will only strengthen it. We look forward to welcoming the software development and R&D regional hub to the Reston Town Center.”
Microsoft will be eligible for a $22.5 million grant from the state once it completes the project. Some of that money will be used to fund partnerships with local colleges and universities to “develop the tech talent pipeline for cloud computing and related degrees to support its local expansion,” according to the Fairfax County Economic Development Authority.
The company has been in Reston since 2002. The initiative is expected to go live in summer 2021.
Big news for Reston! https://t.co/bBcAcuHeFp
— Supervisor Walter Alcorn (@WalterAlcornFFX) May 27, 2020
Photo via Google Maps