Loudoun projects added 1,645 jobs in the past fiscal year
- August 12, 2013
Fifty-six companies moving to or expanding in Loudoun County during the last fiscal year invested $466.9 million and created 1,645 jobs.
In its annual report, the Loudoun County Department of Economic Development said the number of economic development “wins” from July 1, 2012 to June 30, 2013 represents an increase of 47 percent from the previous year.
The department said four of its top 10 deals involved data centers: Corporate Offices Properties Trust, Digital Realty, RagingWire and Latysis.
“Loudoun has the hottest data center market on the East Coast, with another 844,951 square feet of building permits issued in the second half of FY13,” Buddy Rizer, the department’s acting director, said in a statement.
By the end of the fiscal year, there were more than 150 prospective companies in the pipeline, up almost 23 percent from the prior year. Forty-one percent of prospects were data centers, and 23 percent were federal government contractors.