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NEWS
Company To Establish New Software Development And R&D Regional Hub
May 29, 2020

Microsoft Corp., a publicly held corporation established in 1975 and headquartered in Redmond, Washington, has announced the company will invest $64 million to establish a new software development and R&D regional hub in Virginia. The company will occupy 400,000 square feet in the Reston Town Center in Fairfax County for its new location, anticipated to be ready for occupancy sometime during summer 2021. The plans include a new retail space for engaging directly with customers.

Microsoft has had a presence in Virginia since 2002, with corporate locations in Reston and the Richmond area as well as an enterprise data center in Mecklenburg County.

“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,” said Terrell Cox, general manager at Microsoft. “We’ve had a presence in Reston for many years now, and this expansion will allow Microsoft to deliver even more solutions from a region known for its innovation and passion for technology.”

“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 Ralph S. Northam in response to the announcement. “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.”

The Virginia Economic Development Partnership worked with the Fairfax County Economic Development Authority and the General Assembly’s Major Employment and Investment (MEI) Project Approval Commission to secure the project for Virginia. Microsoft will be eligible to receive a MEI custom performance grant of $22.5 million, to be paid post-performance, subject to approval by the Virginia General Assembly. Microsoft plans to utilize the custom performance grant to fund partnerships with local college and universities to develop the tech talent pipeline for cloud computing and related degrees to support its local expansion.


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