MicroStrategy To Stay In Northern Virginia

1850 Towers Crescent Plaza. Photo by Quadrangle

TYSONS, VA–With much fanfare Fairfax County and the Commonwealth of Virginia announced it had retained MicroStrategy’s headquarters after competing for it with Washington, DC. The renown enterprise software company has renewed its lease at 1850 Towers Crescent Plaza and plans to invest $6 million in capital improvements and hire an additional 300 employees.

The Fairfax County Economic Development Authority worked with the Virginia Economic Development Partnership to secure the project for Virginia. Governor Northam approved a $1 million grant from the Commonwealth’s Opportunity Fund to assist the county with the project. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.