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WHITE OAK M O N TG O M E RY CO U N T Y M A RY L A N D


Washington Adventist Hospital

U.S. Food and Drug Administration (FDA)

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W H I T E OA K


EXPLORE THE FUTURE OF LIFE SCIENCE INNOVATION Like early-stage investigators, you have a unique opportunity to become an early-stage innovator in the White Oak area of Montgomery County, Maryland, currently in development as a vibrant global innovation hub. With the consolidated U.S. Food and Drug Administration and Washington Adventist Hospital as major flagships, White Oak is destined to become a world-class center of excellence. Leading edge companies in BioHealth, life sciences, healthcare and IT can explore multiple opportunities to build, expand and thrive in this extraordinary science and technology hub. An exciting mixed-use, walkable 21st century community is now in progress blending office space, wet labs, residential communities and restaurants, hotels and conference centers, a hospital and a federal agency—conveniently located between Washington, D.C. and Baltimore. Companies choose Montgomery County for our proximity to the nation’s capital, easy access to three international airports, nearby federal agencies and funding resources, and our stellar workforce talent pool. White Oak is ideally positioned to become one of the world’s next great hubs for research and discovery. We look forward to working together and welcoming you to White Oak in Montgomery County, Maryland.

David Petr President & CEO Montgomery County Economic Development Corporation

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WHITE

OAK

TABLE OF CONTENTS WELCOME

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18 FEDERAL AGENCY HEADQUARTERS

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THE FUTURE

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SPOTLIGHT WASHINGTON ADVENTIST HOSPITAL

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U.S. FOOD AND DRUG ADMINISTRATION (FDA)

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TECHFIRE

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TOMMY DOUGLAS CONFERENCE CENTER

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SMARTEST U.S. WORKFORCE

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THE LARGEST CONCENTRATION OF DEGREE HOLDERS

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FEATURED AREA HIGHER EDUCATION FACILITY

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BUSINESS IS A GO

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FROM HERE, THE WORLD

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BUS RAPID TRANSIT

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A VIBRANT DIVERSE COMMUNITY

28

EXCEPTIONAL HOUSING

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LOCAL LIVING, GLOBAL REACH

32

LIFESTYLE

34

DIVERSITY SNAPSHOT

36

THINKING FORWARD

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CREATING A SUSTAINABLE FUTURE

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INNOVATION IS IN OUR DNA

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INNOVATION SNAPSHOT

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INFRASTRUCTURE SUPPORT

44

INCENTIVES

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HOW MCEDC HELPS

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CONNECT WITH US

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ADDENDUM

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REGIONAL SNAPSHOT

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WE ARE MONTGOMERY COUNTY

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W H I T E OA K


Washington Adventist Hospital

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200 200

WH

NE AVE IRE PSH AM

GALWAY DRIVE PARK

R CHER Y HILL

MARTIN LUTHER KING JR PARK

ROAD

ADVENTIST HEALTHCARE MEDICAL CENTER VIVA WHITE OAK

LIFE SCIENCES/ FDA VILLAGE CENTER

PAINT BRANCH PARK

WHITE OAK CENTER

29 ARMY RESEARCH LABORATORY

FDA

NORTHWOOD PARK

HILLANDALE COMMUNITY

495

HILLANDALE GATEWAY TECHFIRE CAPITAL B ELTWAY

AD

EL

BROOKSIDE FOREST

95

PH

IR

BUCK LODGE PARK

OA D

PAINT BRANCH GOLF COMPLEX

ADELPHI ROAD PARK

LVD

YB

SIT

ER

IV UN

SILVER SPRING PARK

95

RIGGS R OAD

TOMMY DOUGLAS CONFERENCE CTR

E TY BLVD E

UNIVERSI

WASHINGTON, D.C.

WHITE OAK 6

W H I T E OA K

UNIVERSITY OF MARYLAND

SCIENCE GATEWAY

NEW DEVELOPMENT

WASHINGTON, D.C.

COLLEGE PARK

ROADS


WELCOME WHITE OAK, MARYLAND INTRODUCING THE VIBRANT INNOVATION HUB

group of people that contribute to an active pipeline

White Oak is evolving into an exciting mixed-use

of the workforce for Montgomery County businesses.

Biotechnology and Science hub that will serve the

In addition, White Oak and the surrounding areas

U.S. and the globe with a world-class community

are known not just for its smart residents but as a

to live, work and play. Right now, you have the

highly diverse community. The diversity helps to

opportunity to find your perfect built-to-suit office

spur innovation, new ideas and creative thinking.

space, wet lab or other unique configuration in one of three distinct communities within White Oak:

White Oak is generating buzz, excitement, revitalization and the potential for thousands

• Life Sciences Village

of new jobs to the East County region of

• White Oak Center

Montgomery County. The planning will include a

• Hillandale

large contribution to green and sustainable living,

The 3,000-acre area is the driver of revitalization

open spaces, extensive trail and biking paths to

in the East County section of Montgomery County.

enhance the live/work experience.

With business parks, residential enclaves, shops and

BUILT-TO-SUIT OPPORTUNITIES

restaurants in the planning, the opportunities for

For companies seeking the next great spot to

success are many-fold. From a research company

grow your business—in the BioHealth, science,

that can position itself next to the powerful FDA, to a healthcare company that enjoys its proximity to a leading hospital, White Oak is open for opportunity.

health and technology arenas—there is no stronger option than White Oak. Explore the various build opportunities with multiple acreage available, space

A TALENT CAPITAL

for web labs and offices, and proximity to the FDA

Montgomery County has a population of over

and Washington Adventist Hospital, White Oak is an

1 million people, with the residents’ education

ideal destination for world-class companies. Explore

level off the charts. A full 2/3 of residents hold

the different communities as you consider your

a bachelor’s degree or higher. This is a talented

future in White Oak.

WE TAKE GREAT PRIDE IN WORKING WITH MONTGOMERY COUNTY AND THE LOCAL COMMUNITY TO CREATE ONE OF THE NATION’S PREMIER LIFE SCIENCES CLUSTERS, CENTERED AROUND THE CONSOLIDATED FDA HEADQUARTERS IN WHITE OAK, AND TURN A UNIQUE VISION INTO A LEGACY PROJECT THAT WILL BENEFIT GENERATIONS TO COME. — John Gudelsky, President and CEO Global LifeSci Development Corporation and Percontee, Inc.

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FEDERAL

AGENCY

HEADQUARTERS

PROXIMITY TO REGIONAL U.S. GOVERNMENT FACILITIES MAJOR FEDERAL PRESENCE IN THE COUNTY

THE NATIONAL CYBERSECURITY CENTER

In addition to its proximity to dozens of federal

OF EXCELLENCE (NCCOE)

agencies in Washington, D.C., Montgomery County is

Part of NIST, NCCoE is a collaborative hub where

home to the following 18 federal agency headquarters.

industry organizations, government agencies, and academic institutions work together to address

THE NATIONAL INSTITUTES OF HEALTH (NIH)

businesses’ most pressing cybersecurity issues.

NIH is the nation’s medical research agency, making

NCCoE is located in Rockville.

important discoveries that improve health and save lives. The agency encompasses 27 Institutes and

U.S. DEPARTMENT OF HEALTH & HUMAN

Centers, including the National Cancer Institute. In

SERVICES (HHS)

Bethesda, the Food and Drug Administration (FDA)

HHS enhances and protects the health and well-

protects the public health by ensuring the safety,

being of all Americans. The mission of HHS is to

efficacy, and security of human and veterinary

provide effective health and human services and

drugs, biological products.

foster advances in medicine, public health, and social services. HHS is located in Rockville.

THE NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY (NIST)

NATIONAL OCEANIC & ATMOSPHERIC

Founded in 1901, NIST is one of the nation’s oldest

ADMINISTRATION (NOAA)

physical science labs. NIST measurements support

NOAA enriches life through science with a reach from

the smallest of technologies to the largest and

the surface of the sun to the depths of the ocean.

most complex of human-made creations. NIST is

It informs citizens about the changing environment

located in Gaithersburg.

around them and is located in Silver Spring.

BALTIMORE

141 miles to Philadelphia

FREDERICK 29 miles to Frederick

Port of Baltimore

HOWARD 227 miles to New York City

Potomac River

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DEPT. OF ENERGY

NCI NCATS NCCOE

NIST CVM IBBR

200

HHS NRC

VIRGINIA

120 miles to Richmond

W H I T E OA K

CIT NATL ARTHRITIS/ MUSCULOSKELETAL VHA FDA NIH NHGRI CPSC NOAA

Washington Dulles Int’l Airport (IAD)

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NCCAM

8

Baltimore-Washington Int’l Thurgood Marshall Airport (BWI)

35 miles to Baltimore

MONTGOMERY

WASHINGTON, D.C.

44 miles to Annapolis

PRINCE GEORGE’S

Ronald Reagan Washington National Airport (DCA)

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The Food and Drug Administration (FDA)

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Washington Adventist Hospital

U.S. Food and Drug Administration Expansion

Viva White Oak

Life Science Village

Village Center

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THE

FUTURE

WHITE OAK, MARYLAND LIFE SCIENCES VILLAGE

• Adventist Healthcare will add economic and job

White Oak will be building into a global innovation

growth to the region with its $331 million project

hub for research and development, entrepreneurship

for the new Washington

and a vibrant live learn-work play community, along

• Adventist Hospital. The new hospital will expand

Route 29 and I-495 in Montgomery County.

access to patient care in the region and become a

The U.S. Food and Drug Administration (FDA)

great partner in East County’s White Oak Center

headquartered on a beautiful, walkable 130-acre campus with 6 million square foot space. In addition to its oversite of food and drugs, the FDA regulates cosmetics and tobacco.

HILLANDALE: A PERFECT COMBINATION The Hillandale community is a perfect complement to the science and technology centers of White Oak. The area will be designed with a perfect blend

WHITE OAK CENTER

of residential housing, including units set aside for

As Montgomery County continues its ascent as a

affordable housing and seniors, along with beautiful

premiere BioHealth cluster in the country, White Oak

new hotels. Hillandale will also be a vibrant mixed-use

is building into a prominent community for cutting

community with retail shops and restaurants to add

edge research and life science excellence. The first

to the perfect work-life balance.

permanent on-campus office and lab buildings

As Hillandale evolves, it will be planned and designed

projected to be ready for occupancy by 2022.

with green and open spaces in mind, with pathways

Imagine the groundbreaking combination of

to promote a walkable community. Find your way

BioHealth offices, wet labs, residences, hotels &

to Hillandale Gateway, a joint venture between

restaurants, and outdoor spaces all in one inclusive

the private Duffie Companies and the public

zip code—with VIP neighbors including the new

Housing Opportunities Commission. With over 400

FDA headquarters‡ and Adventist Healthcare.

planned residential units, Hillandale Gateway will

• 3  00-Acre, mixed-use campus with an academic

offer affordable multi-housing in proximity to the

campus, labs & office space, and 5,000 residences • H  otel/conference center, retail, restaurants, community and beautifully integrated outdoor spaces

FDA, Washington Adventist Hospital, and the full gamut of connectivity to White Oak. In addition to beautiful residential options, this new community will encompass 25,000 sq. ft. of retail space to house the

• 12 Million Sq. Ft. adjacent to the FDA’s Northeast

ideal mix of restaurants, shops and entertainment.

entrance gates creating excellent opportunities for

The location will be next to the Tommy Douglas

collaboration

Conference Center.

THE GROUNDBREAKING FOR THE HOSPITAL IS ANOTHER GREAT MILESTONE IN THE REJUVENATION OF THE EASTERN PART OF OUR COUNTY. IT WILL CREATE THOUSANDS OF JOBS WHILE THE HOSPITAL IS BEING BUILT AND AFTER IT BEGINS OPERATIONS. — Isiah Leggett, Montgomery County Executive

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SPOTLIGHT WASHINGTON ADVENTIST HOSPITAL A CORNERSTONE IN WHITE OAK DEVELOPMENT

ROOTED IN THE COMMUNITY

A healthcare leader in the Washington, D.C. region,

Adventist Healthcare has been a vital part of the

Adventist Healthcare, is building a state-of-the-

community for more than 100 years—the first hospital

art facility on 48 acres in the heart of White Oak.

in Montgomery County, MD and the largest provider

Washington Adventist Hospital will house Adventist’s

of healthcare in the county with over 45 locations and

nationally accredited cardiac services program,

employing over 5,000 people in the County.

emergency care, surgery and specialty programs.

IN THE COMMUNITY

With its prime location, many physicians, health

Part of the Adventist mission is to provide quality

care resource providers and related services will be

and compassionate care in the community to

relocating to this exciting new East County location.

encourage a culture of wellness. The healthcare leader brings its continuum of care into the region.

ECONOMIC AND JOB GROWTH Adjacent to White Oak Center and close to the FDA, Washington Adventist will benefit from a synergy of health, life science and technology resources. ADVANCED LIFE SCIENCES The new facility is a central point in the revitalization of White Oak’s growing life sciences community. With close to one million square feet of space, the hospital will be a tremendous draw for science, medical and health-related companies. The new 170-bed hospital is projected to open in early 2019. In addition, a 170,000 sq. ft. medical office building is in development to house outpatient services

Watch this video with Terry Forde, President and

and physician offices.

CEO of Adventist HealthCare.

WHITE OAK WILL BE THE HOME TO OUR NATIONALLY ACCREDITED CARDIAC PROGRAM AT WASHINGTON ADVENTIST HOSPITAL. WE WILL PROVIDE EMERGENCY ROOM SERVICES, LABOR AND DELIVERY SERVICES, MULTIPLE SPECIALTY SURGICAL SERVICES, AND CANCER CARE PROGRAMS. MANY PHYSICIANS WILL BE LOCATING THEIR OFFICES TO THIS SITE. —T  erry Forde, President & CEO, Adventist HealthCare

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Washington Adventist Hospital

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The U.S. Food and Drug Administration (FDA)

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SPOTLIGHT THE U.S. FOOD AND DRUG ADMINISTRATION THE FDA

and constructed buildings will replace the fragmented

White Oak Center’s crown jewel is the

facilities with state-of-the-art, laboratories, office space

Consolidated FDA Complex—the U.S. Food and

and support services. The FDA bioscience complex

Drug Administration location for its major federal

is authorized by the FDA Revitalization Act and

government agency. With its mission to safeguard

funded by GSA. Consolidation includes:

the country by regulating food, drugs, biological

• Office of the Commissioner (OC)

products and medical devices, its presence in White Oak is a major attraction for BioHealth, bioscience,

• Office of Regulatory Affairs (ORA)

and technology companies. Currently employing

• Center for Drug Evaluation and Research (CDER)

9,000 people, the FDA is growing with plans to

• Center for Devices and Radiological Health (CDRH)

add 5,900 jobs.

• Center for Biologics Evaluation and Research (CBER)

AN IMPORTANT PUBLIC MISSION

• Center for Veterinary Medicine (CVM)

The Food and Drug Administration (FDA) has a broad and critical mission: to help protect the public health by ensuring the safety, efficacy and security of drugs, biological products and medical devices.

EXPLORE THE OPPORTUNITY The bioscience complex helps the FDA fulfill its mission by improving facilities, consolidating resources and helping to speed innovation

It plays a vital role in the nation’s counterterrorism capability, ensuring security of the food supply and responding to emerging public health threats.

for medical products. For companies, the opportunities for collaboration are greatly increased—opportunities for academic and research

NEW SYNERGY FOR THE CENTERS AND OFFICES

collaboration, proximity to bio and life sciences

Currently, the FDA is consolidating its various divisions

offices and labs, with full service hotels and

and resources for its new world-class home on New

conference centers nearby. It’s time for the East

Hampshire Avenue in White Oak. Newly designed

County part of Montgomery County to shine.

WITH THE CONSOLIDATION OF THE FDA HEADQUARTERS, THE EXPANSION OF WASHINGTON ADVENTIST HOSPITAL, AND THE PLANNED 300-ACRE WHITE OAK™ MIXED-USE COMMUNITY WITH A BIOMEDICAL AND BIOTECHNOLOGICAL EMPHASIS, WHITE OAK HAS A UNIQUE OPPORTUNITY TO CREATE ONE OF THE WORLD’S MOST SIGNIFICANT BIOMEDICAL CLUSTERS. — Isiah Leggett, Montgomery County Executive

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SPOTLIGHT TECHFIRE IGNITING IDEAS AND INSPIRING ENTREPRENEURS

solutions through an exclusive network and

TechFire in White Oak is an ecosystem for

relationships to scientists, technologists, industry

entrepreneurial cohorts, mentors, and service

experts and venture capitalists. Get access to new

providers. TechFire offers access to a network of

learning opportunities, collaborative partners, and

mentors, business professions and technology

direct introductions to the right people,

experts. In addition, the physical location offers co-

technologies and processes.

working and private office space uniquely designed to assist innovators in bringing their ideas to life.

TECHFIRE SERVICES • Mentorship Program—includes an Entrepreneurs

On-site, find modern conference rooms, multi-

in Residence program to help new ideas flourish

media capability, and room to host a business or

• Lecture Series & Programs including cyber

technology event.

programs, energy and power workshops in conjunction with industry leaders

TechFire is instrumental in bringing great tech ideas to market. Through mentorships to assist

• Networking Events—connect with business

with product development, TechFire has a large

professionals, mentors, technology experts

innovation network to draw from. They also provide

and scientists

expertise in science and engineering from technical

• Shared Work Space—shared work space

business professionals to reduce risk—and learn

in a business environment that promotes

from those who have been in your shoes.

productivity and collaboration among entrepreneurs and innovators

NETWORKING AND CONNECTIONS TechFire is your link and connection to the right

• Access and Connections—to federal labs

people and right organizations to further your

and institutions through its dynamic Service

product or business. TechFire provides innovative

Provider Network

ENERGETICS TECHNOLOGY CENTER HAS BEEN A USEFUL ASSET FOR US IN NEGOTIATING A VARIETY OF BUSINESS STARTUP CHALLENGES. IT IS NICE TO HAVE FOUND SUCH A GREAT GROUP OF ENTREPRENEURIAL-MINDED INDIVIDUALS. —M  icah Carlson, CEO Defense Architecture Systems and Gallant Technologies, two companies in the TechFire Incubator

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Tommy Douglas Conference Center

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SPOTLIGHT TOMMY DOUGLAS CONFERENCE CENTER FLEXIBLE CONFERENCE AND LEARNING CENTER

• Function rooms available with abundant exposure

In White Oak and just minutes from Washington,

to views of the beautiful campus including an

D.C. is the 45-beautiful acres at the Tommy Douglas

8,000 sq. ft. ballroom and auditorium

Conference Center. With its serene campus setting

• State of the art technology and conference

and state-of-the-art capabilities, the Conference

services, banquet, and digital media service

Center is a perfect place to inspire creative meetings and hold special events for BioHealth, technology

staff on site • Wonderful culinary options from an executive

and other events.

chef. Delicious menu options from snacks or

For companies considering an area that has a wide

continental breakfast to full meals for

range of meeting and event space, the Conference

breakfast, lunch, and dinner

Center provides great flexibility—whether coordinating a meeting with federal agency offices or technology and BioHealth experts.

GUEST ACCOMMODATIONS Right on-site are 160 spacious and renovated guest rooms with condo style luxuries and amenities.

The Tommy Douglas Conference Center offers a

With a fitness center, game room and bar & lounge

variety of meeting spaces for events from small to

area on the campus, guests are comfortable and

large. The campus includes:

ready to attend to the business at hand.

• O  ver 25,000 square feet of meeting space

EASY ACCESS TO DC METRO

to accommodate meetings from 5 to 600

The Conference Center is easily accessible form the

across industries

Metro at the Glenmont Station on the red line, with proximity to the 3 metro DC area airports. And the

• Dining room, business center, front desk, mezzanine lobby, ballrooms, and breakout rooms

location is also just minutes from Washington, D.C.

A HIDDEN GEM FOR SURE! A GREAT PLACE TO HOST A CONFERENCE THAT PROVIDES FOOD ON CAMPUS, A GREAT EXERCISE FACILITY, AND VARIOUS SIZES OF CONFERENCE ROOMS! — Eliodora C.

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SMARTEST U.S. WORKFORCE Finding smart employees is a no-brainer in Montgomery County. That’s because this region has the largest concentration of degree holders of any metropolitan area in the country. Whether you need the brightest minds coming out of today’s best schools, or influential leaders that can take your teams to the top, we have the people who can get you there.

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E D U C AT I O N

&

WORKFORCE

THE LARGEST CONCENTRATION OF DEGREE HOLDERS GET THE TALENT YOU NEED A highly educated community contributes immediately to a ready-to-go workforce, and Montgomery County residents are among the most highly educated folks in the nation. Providing an immediate workforce advantage.

LOCAL COLLEGES AND UNIVERSITY PROGRAMS MONTGOMERY COLLEGE Montgomery College is a public, open access community college with three campuses in Montgomery County. The college is noted as being one of the most ethnically and culturally diverse in the

ATTRACT A TOP-TIER WORKFORCE

nation, with students from over 170 countries enrolled.

Your business success starts with our smart potential

Montgomery College is a top ranked community

workforce, where 31% of Montgomery County

college, with numerous tracks towards degrees

residents hold a post-grad degree and almost 60%

in fields that are in high demand, in Montgomery

of our residents have a bachelor’s degree. And many

County and around the country.

locals choose to stay in the area for job opportunities.

UNIVERSITIES AT SHADY GROVE

TOP REGIONAL UNIVERSITIES

Montgomery County is home to the Universities at

Excellent universities are close by including the

Shady Grove, where 80 undergrad and graduate

University of Maryland, College Park, and in nearby

degree programs are offered by nine University of

Washington, D.C., students excel at Georgetown,

Maryland institutions on one convenient campus.

George Washington and American University.

This unique program is preparing students for great

The talent pool is bubbling over in Montgomery

careers in the region’s most high demand fields. It

County to support life science and technology

provides pathways to affordable, high-quality public

company growth—and it starts very early with

higher education that meet the needs of the region

a robust educational pipeline.

and supports workforce and economic development.

TOP 6 HIGH SCHOOLS IN THE STATE

JOHNS HOPKINS MONTGOMERY COUNTY CAMPUS

Looking for the highest ranking high schools

Offering part-time, evening, and master’s

in Maryland? Montgomery County is home to the

degree courses in bioinformatics, biotechnology,

top 6 in our state. High school participation in

regulatory science and other areas. The Center for

Advanced Placement classes is more than double

Biotechnology Education takes the pulse of the

the nation’s average.

biotech job market to ensure students get the skills

• H  igh School Graduate Rate: 91.1%

they need to succeed—with many faculty members

• A  dvantage Placement participation: 67%, more than twice as high as the national rate • A  n impressive 36 local schools are National Blue-Ribbon Schools

working as professionals in the field. HOWARD UNIVERSITY Founded in 1867, Howard University is a private, research university comprised of 13 schools and colleges. Students pursue studies in more than 120 areas leading to undergraduate, graduate and professional degrees. The historic main campus is just two miles from the U.S. Capitol where students intern, and alumni shape national and foreign policy.

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E D U C AT I O N

&

WORKFORCE

FEATURED AREA HIGHER EDUCATION FACILITY

MONTGOMERY COLLEGE TAKOMA PARK/SILVER SPRING CAMPUS The Takoma Park campus began expanding into

expansion included the addition of The Morris

neighboring Silver Spring with the opening of a new

and Gwendolyn Cafritz Arts Center, and houses

Health Sciences Center in January 2004. The campus

the School of Art + Design.

THE UNIVERSITY OF MARYLAND, MONTGOMERY COLLEGE, AS WELL AS 13 OTHER UNIVERSITIES IN THE MID-ATLANTIC/EASTERN SEABOARD REGION GIVE US AMPLE ACCESS TO WELL-QUALIFIED BACHELOR’S, MASTER’S AND PHD GRADUATES WHO DESIGN AND BUILD OUR SATELLITE GROUND SYSTEMS AND COMMUNICATIONS PRODUCTS. —P  radman Kaul, President and CEO, Hughes Network Systems

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BUSINESS IS A GO Whether you want to travel across town or around the globe, you’ll find it’s easy to get there from White Oak. With convenient access to three airports, D.C. Metro, MARC trains, Bus Rapid Transit, and dedicated bike paths—professionals and residents alike have excellent options for getting around. In addition to our comprehensive transportation network, we’re perfectly situated next door to Washington, D.C., close to New York City, and halfway between Boston and Atlanta, on our nation’s most prosperous business corridor.

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T R A N S P O R TAT I O N FROM HERE, THE WORLD TRAVEL BY AIR TO ANYWHERE

TAKING A DRIVE

Global business is big business in Montgomery

Near the I-95 corridor, Montgomery County is

County. We have three international airports with

perfectly situated for travel up and down the

direct flights to many international destinations.

east coast. The I-495 Capital Beltway to the south

And since more than 160 foreign-owned companies

provides access to Washington, D.C. and Northern

have North American headquarters in the county,

Virginia, with the ICC connecting the I-270 Tech

this offers a big strategic advantage.

corridor to I-95 and College Park.

• Baltimore/Washington International Thurgood

CAPITAL BIKESHARE

Marshall (BWI)

Montgomery County is part of the regional

• Ronald Reagan Washington National (DCA)

Capital Bikeshare system. Pick up a bike for quick

• Dulles International (IAD)

and easy rides to home or work at participating Rockville, Silver Spring, Gaithersburg, Takoma Park

Also, Montgomery County Airpark in Gaithersburg

and Chevy Chase communities.

provides convenient corporate and general aviation, offering a local alternative to regional transportation.

PEDESTRIAN FRIENDLY Living in Montgomery County allows many residents

METRO SYSTEM

to enjoy walkable streets, landscaped sidewalks,

Washington, D.C.’s Metro system is one of the best

bikeways, trails, and paths for pedestrian circulation

public transit systems in the country, with 117 miles

and connections to surrounding communities.

and 91 rail stops located throughout Maryland, D.C. and Virginia. The mass transit service contributes to

TAXIS, UBER AND MORE

a regionally connected area, and Metro buses are

Driving and ride sharing services are readily

also available to add riding options.

available throughout Montgomery County and the greater metro area.

Line will link Bethesda, Silver Spring, College Park, and New Carrollton—with service projected to begin in 2022. COMMUTER TRAINS MARC trains provide efficient statewide transportation for commuters coming in and out of Montgomery County, with stops in Gaithersburg, Germantown, Rockville and Silver Spring. Amtrak also stops in the area, with a platform in Rockville.

With construction already started, the new Purple

AS AN INTERNATIONAL COMPANY WITH OPERATIONS IN EUROPE, BRAZIL, AND INDIA, BEING ABLE TO GET ANYWHERE IN THE WORLD QUICKLY IS ESSENTIAL—AND THE THREE INTERNATIONAL AIRPORTS WITHIN 45 MINUTES’ DRIVE ALLOW THAT. —P  radman Kaul, President and CEO Hughes Network Systems

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T R A N S P O R TAT I O N BUS RAPID TRANSIT NEW MODE OF TRANSPORTATION

New transit options lead to increased commerce,

Eight out of 10 Montgomery County residents

and more growth means more jobs for the local

support adding Bus Rapid Transit (BRT) to our

community. Businesses such as retail stores and

transportation network, and one BRT vehicle can

restaurants will benefit by more customers being

take up to 90 cars off the road. They also come

brought to their areas.

equipped with power outlets and WiFi.

BRT also benefits employers by reducing the need

IN-DEPTH STUDIES

for employee parking and helping employees get

Montgomery County is currently studying BRT lines

to work efficiently and on time.

along US 29, MD 355, MD 586 (Veirs Mill Road) and the Corridor Cities Transitway. The County has established Corridor Advisory Committees (CAC) for each of the three corridors under study. The aim of each CAC is to provide community stakeholders with opportunities to participate in the system planning process, meet regularly with the State

HELPING THE ENVIRONMENT By taking cars off the road, BRT reduces harmful greenhouse gas emissions, making our air cleaner. BRT vehicles are fuel efficient and clean to operate. Taking BRT and other public transit options helps reduce your own personal carbon footprint.

and County Departments of Transportation, and to discuss the following: • General BRT concept designs • BRT study assumptions • Transit access and operations • Coordination with other modes • Public involvement planning • Community needs COMMUNITY INVOLVEMENT After a community contest that ended January 2017, MCDOT has announced that the winning name for the BRT system is “Flash.” MCDOT plans to continue its community outreach and public involvement efforts to help educate residents about the benefits of this new transportation option and encourage community involvement in the process of developing the BRT system.

RESIDENTS RIDE ON Ride On is a popular public transportation system in Montgomery County, Maryland, as well as Langley Park in Prince George’s County. Ride On operates 81 routes, including two on the weekends. Ride On extRa, a new bus service that started in 2017, is a limited-stop route via 355. It has 12

GOOD FOR BUSINESS

bus stops between Lakeforest Transit Center and

BRT is an important piece of Montgomery

Medical Center Metro Station. It also has free WiFi,

County’s economic future. By serving key job and

USB charging ports, and more padding in the

growth corridors with transit, BRT opens up new

seats. Ride On was awarded a $1.75 million grant

job opportunities and attracts new employers.

from the Federal Transit Administration to purchase

Employees will spend less time commuting and

the county’s first four electric buses and charging

more time enjoying life.

stations. It hopes to add 10 more through the FTA’s Bus and Facilities Infrastructure Investment Program.

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W H I T E OA K


A DIVERSE VIBRANT COMMUNITY Affordable housing options abound in and around the vibrant White Oak, an urban district that bustles with vitality. With a dependable housing market that offers plentiful inventory, the area is bike and pedestrian-friendly, and accessible to public transportation. Beautiful condos and apartments, some with gourmet kitchens and amenities galore.

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REAL

E STAT E

EXCEPTIONAL HOUSING HILTON HOME 2 SUITES HOTEL

Within the greater metro region itself, White Oak’s

For extended stay visitors who are presenting to

housing options are less expensive than comparable

the FDA, meeting with doctors at the Washington

communities in Washington, D.C. and Northern

Adventist Hospital, or exploring the science and

Virginia. Within biking and transit distance, there

technology companies of White Oak, the Hilton

are starter homes, family neighborhoods, condos,

Home 2 Suites will have its doors wide open.

rental apartments and a variety of executive

Offering contemporary accommodations and

housing choices.

customizable guest room designs, this Hilton Worldwide hotel is perfect for business travelers. Business-related features include ambient and task lighting, access to concierge help, and a 24-hour business center. NEW HAMPSHIRE AVENUE REJUVENATION As White Oak grows and develops, the surrounding business district around New Hampshire Avenue is following suit. Plans are underway for new

AVERAGE MARKET RENTS IN COMPETITIVE MARKETS City

Studio

1 BR

2 BR

3+ BR

White Oak, MD

$1,308

$1,557

$1,980

$2,428

Clarendon, VA

$1,612

$1,958

$2,650

$3,870

Shaw, D.C.

$1,718

$2,057

$2,881

$3,539

pedestrian-friendly green spaces, community centers and a town square. In addition to beautiful residential options, this new community will encompass 25,000 sq. ft. of retail space to house the ideal mix of restaurants, shops and entertainment.

MEDIAN HOME VALUES IN COMPETITIVE MARKETS City

Single-Family Home

White Oak, MD

$531,500

Clarendon, VA

$592,400

Shaw, D.C.

$627,900

THE WHITE OAK SHOPPING CENTER The White Oak Shopping areas will blend together a fantastic live-work experience. Within the community is an excellent mix of tenants including grocery, pharmacy and retail options. Located at the crossroads of Routes 650 & 29, White Oak is just outside the Washington Beltway (I-495), and easily accessible. Its proximity to the FDA is beneficial to the 9,000 employees currently on-site, and expected to add another 5,900 employees over the next few years.

White Oak and the greater region have many corporate housing options including fully furnished executive or luxury apartment rentals. The Washington, D.C area is always among the first for unique housing options—such as the Attaché

DEPENDABLE HOUSING OPTIONS

Corporate Housing that offers various furnished

The region has a very dependable housing market

options throughout the area for shorter and

that is far less expensive than what is available

extended stays.

in many other coveted East Coast communities.

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SHORT AND LONG-TERM CORPORATE HOUSING

W H I T E OA K


REAL

E STAT E

EXCEPTIONAL HOUSING RESIDENTIAL COMMUNITIES Numerous housing and apartment complexes are already on-site, with several new communities and developments in the works. THE ENCLAVE The Enclave offers true resort style living with the most extensive amenities package in the DC Metro area. Whether you want to get active or settle down and relax, you will not need to leave the comfort of your own community. The Enclave offers everything from a 3,000 square foot fitness center and spacious club house to a BBQ area and tranquil Zen Garden. The complex also provides shuttle service to

The Enclave

the Silver Spring metro for added convenience. Have a furry friend? Your pet is invited and will enjoy the onsite Bark Park. OCTAVE 1320 The Octave 1320 is a beautiful condo development offering beautiful and affordable one and twobedroom condominiums. With high ceilings, floor-to-ceiling glass, and a walk-out balcony, the sought after design also features engineered wood floors, stainless steel appliances, all-wood cabinetry, and quartz countertops. The facility includes a fitness room, a rooftop SkyLounge that can be rented out for private parties, and a roof

Octave 1320

deck offering 360-degree views—all in a convenient walkable community with restaurants, shops and entertainment. WHITE OAK TOWERS Spacious and affordable studio, 1, 2, 3 and 4-bedroom apartments are available at White Oak Towers. With extra-large living area and space for home entertainment, the Towers offers a free shuttle to the White Oak Transit Center and is just five minutes to the I-495 Beltway or ICC-Rte. 200 and FDA Federal Research Center at White Oak. Great community amenities with on-site fitness, skate spot and recreational activities. Close to restaurants, shops and entertainment.

White Oak Towers

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W H I T E OA K


LOCAL LIVING, GLOBAL REACH Montgomery County is an ideal location to expand an amazing global business, raise a family and live the good life. What attracts one million people to our area? It’s our diversity of people and talent. It’s our cosmopolitan, welcoming community. And it’s our rich quality of life, from award-winning schools and world-class restaurants to cultural gems, abundant parkland and bike trails. Montgomery County, Maryland—it’s where you’ll want to be.

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LIFESTYLE A DIVERSE AND VIBRANT COMMUNITY A WELCOMING GLOBAL COMMUNITY

ENTERTAINMENT DESTINATIONS

White Oak is part of a welcoming community

Choose from a variety of options for family and

that leads the way with a melting pot of cultures,

friends to enjoy time together, including the

ideas and discoveries. People of all nationalities

MLK Indoor Swim Center, the White Oak Bowling

call this region home. 138 languages are spoken in

Lanes, Arthur Murray Dance Center, and the YMCA.

Montgomery County, and we celebrate the cultural diversity that flows in our communities. More than 40% of residents speak a language other than English, which is higher than the national average of 21.5%. In 2015, the most common nonEnglish language spoken in the County was Spanish. 14.5% of the County’s overall population are native Spanish speakers, while 3.53% speak Chinese and 2.9% speak African languages.

MLK Indoor Swim Center

DRIVING CULTURAL AND ECONOMIC SUCCESS Countries from around the world are represented right here in Montgomery County. With a $5.5 billion economy that’s growing, our County truly embraces cultural diversity. This cultural range is reflected in the variety of thoughts and ideas generated by the global companies that make Montgomery County their home. From vibrant, urban districts like Bethesda, Silver Spring, Kensington and Wheaton to the rustic open spaces in Darnestown and Poolesville, there is a neighborhood for everyone in Montgomery County.

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W H I T E OA K

White Oak Bowling Lanes


LIFESTYLE A DIVERSE AND VIBRANT COMMUNITY BEYOND WHITE OAK

• 34,000 acres of parkland in the Montgomery

Dining is a delight throughout Montgomery

Parks system

County, including farm-to-table, vegetarian, and

• 189 miles of natural and paved trails; 305 tennis

ethnic choices representing virtually every country.

courts; 500+ lakes; 289 playgrounds; 296 athletic

In addition to the 350 cultural organizations and

fields; hundreds of other recreational amenities

60 galleries in Montgomery County, the Strathmore

• 400 parks, 2 national parks, Glen Echo Park and

Music Center, The John F. Kennedy Center for the Performing Arts, Shakespeare Theater, and

Chesapeake & Ohio Canal National Historic Park

Signature Theater are all nearby. Free museums

• 93,000 acres of farmland and rural space are part

and exhibitions of the Smithsonian Institution are

of the expansive Agricultural Reserve, protected

also a great draw for our Montgomery County

space in Montgomery County since 1980

businesses and residents.

• The famous Rock Creek Park is huge and runs

GREEN SPACES ABOUND

along a number of nearby Washington, D.C.

The White Oak area is fortunate to be among some of

neighborhoods. Try the Valley Trail and West

Maryland’s most beautiful parks, trails and farmland.

Ridge Trail, or explore some historic structures

EVERYWHERE YOU GO HERE THE GRASS IS GREEN. WE HAVE SEVERAL PARKS IN THE NEIGHBORHOOD AND ALSO RECREATION CENTERS FOR VARIOUS ACTIVITIES. —C  urrent Resident, Niche.com

Martin Luther King Park

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The rest of America won’t be as diverse as Montgomery County for another

30 YEARS

138

languages spoken in our public schools

1/3 OF RESIDENTS are foreign born

Maryland is a leader in

SAME-SEX MARRIAGE Ranked among WalletHub’s 2017

TOP 5 MOST CULTURALLY DIVERSE PLACES in the U.S.

36

W H I T E OA K


% 40

OF RESIDENTS speak a language other than English

#2 DESTINATION for immigrants from Africa

Our public schools

SUPPORT GENDER IDENTITY

54% OF RESIDENTS are non-white

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W H I T E OA K


THINKING FORWARD Discoveries spring from every corner of our County. From our premier office spaces and wet labs, to our research parks and federal institutions, on our farms and in our business incubators, we’re making advances that cross industries and break boundaries. Our innovation extends to sustainability, where County government operations have been carbon neutral since 2016, delivering a 23% reduction in our carbon footprint.

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I N N OVAT I O N

AND

S U STA I N A B I L I T Y

CREATING A SUSTAINABLE FUTURE GREENHOUSE GAS REDUCTION Montgomery County is committed to leading by

Energy—Electricity generated through onsite

example in greenhouse gas emission reductions:

solar installation is exempt from the County’s

• M  ontgomery County purchases 100% of its

Fuel Energy Tax

electricity supply from clean sources • C  ounty Government has installed more than six megawatts of solar photovoltaic panels on public facilities and is expected to exceed 11 megawatts by 2018 • C  ounty government operates a total of 243 electric and gasoline/electric hybrid vehicles • T  he county’s Department of Transportation

• Rainscapes Rewards offers rebates up to $10,000 for commercial property owners installing rain gardens and other projects • The Montgomery County Green Business Certification Program is a voluntary recognition effort for businesses that exhibit a high level of sustainability ENGAGED RESIDENTS

serves 26 million passengers a year and operates

The people living here contribute to create

370 buses, all either hybrid electric, compressed

a better future:

natural gas, or clean diesel • M  ontgomery County will complete its first two microgrids in 2018, enhanced with a combination of solar energy, and combined heat and power systems that convert electricity into natural gas • M  ontgomery County became the first of

• Bethesda Green, a nonprofit sustainability hub with a mission to promote sustainable living practices • Multiple financial incentives to help residents reduce their energy use, including $250 in energy efficiency tax credits, free “Quick Home Energy Check-ups,” Maryland Residential Clean Energy

only a handful of local governments to join

Grant Program, and Weatherization Assistance

the Subnational Global Climate Leadership

to low-income households

Coalition, agreeing to pursue emission reductions consistent with a trajectory of 80 to 95 percent below 1990 levels by 2050 SUPPORTING BUSINESSES Montgomery County prides itself in supporting

• Over 150 publicly available electric vehicle charging stations—perfect for county residents who used the state’s tax credit to purchase or lease a new electric vehicle • S  even local USDA Organic farms, with their

businesses that help our efforts, which include:

products available through 24 farmers markets

• G  reen Bank—The first formal green bank

and 27 Community Supported Agriculture vendors

organization to be established at a local government level • Commercial PACE Financing—Commercial property owners can finance energy-saving upgrades

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• Fuel Energy Tax Exemption for Onsite Clean

W H I T E OA K

• T  he annual GreenFest, a free, all-day environmental festival helping residents ‘green’ their lifestyle


I N N OVAT I O N

AND

S U STA I N A B I L I T Y

INNOVATION IS IN OUR DNA LEADING THE WAY

BIOHEALTH

Innovation in MoCo crosses industries, borders

• Supernus develops pharmaceuticals to fight

and boundaries. Mapping the human genome. Developing life-saving therapies. Building premier cybersecurity defenses. Driving worldclass advancements. If it’s on the forefront of technology and innovation, it’s happening here. Below are some of our area’s most promising innovations and discoveries. ENTREPRENEURSHIP • T  he Greater Washington area is #1 for “Growth Entrepreneurship” and #1 for “Highest Density of High-Growth Companies in IT Services” • Incubator resources, including TechFire, through the Montgomery Business Innovation Network focus on market disruption and start-up of tomorrow

epilepsy and other CNS disorders • Sanaria is developing and commercializing malaria vaccines in a dedicated clinical manufacturing facility, the only one of its type in the world • Biotech Labs USA, a University of Maryland spin off, is helping to make cats and dogs healthier • NIH is the world’s largest biomedical research institute • FDA protects public health through regulation of food, drugs, biological products and medical devices • BioHealth Innovation, Inc. accelerates innovation and advancing science, cyber and health technology IT & CYBERSECURITY

Featured Company: White Oak Community Recreation Center One of Montgomery County’s newest community centers is in White Oak. The White Oak center is an eco-friendly, LEED certified, state of the art, multi-

• First Federally Funded Research and Development Center (FFRDC) for cybersecurity • Weatherbug app creates its lightning sensors, data apps and warning systems in Germantown • ultraMontgomery is a high-speed fiber network

purpose recreational facility that provides a variety of

that connects business, academic and federal

activities and experiences for all ages including open

institutions along major corridors

gym activities, classes, programs, and special events. ADVANCED MANUFACTURING • Xometry invented an IT platform for on-demand manufacturing that is used by start-ups to Fortune 500 companies AGRICULTURE • “Kingsbury Pride” is the yellow freestone peach created at Kingsbury’s Orchard in our famed Agriculture Reserve

White Oak Community Recreation Center

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BIOHEALTH HUMAN GENOME was first mapped here

INFOZEN integrated NASA’s live stream of the solar eclipse

The first rapid

TEST FOR EBOLA approved by the FDA

THINGSTITUTE First IoT test bed in a local government

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W H I T E OA K


NATIONAL CYBERSECURITY CENTER OF EXCELLENCE promotes the private sector’s rapid adoption of cyber products

THE 1ST LOCAL GREEN BANK

BETHESDA GAMES STUDIOS created landmark games such as Fallout and The Elder Scrolls

promotes affordable, clean energy

AGRICULTURE RESERVE Best-in-class farm and rural space protection of a full 1/3 of the County’s land

ROBOTIC COW MILKING first all pasture raised dairy in North America

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I N N OVAT I O N

AND

S U STA I N A B I L I T Y

INFRASTRUCTURE SUPPORT MAKING STRONGER CONNECTIONS

PUBLIC DATA

Information and connectivity are becoming the

dataMontgomery was among the first generation

new currency in today’s business environment.

of local government open data platforms

In Montgomery County, we understand and stay

launched in 2007—where residents can access

one step ahead with everything your business

and analyze publicly available data in a searchable

needs to compete. With a high-speed fiber network

and consumable format. CountyStat uses data

that greatly improves communication and a strong

strategically to monitor, assess, and improve

data center ecosystem, Montgomery County is on

the effectiveness, efficiency, and performance

the leading edge of infrastructure and technology

of County services, solve problems, and

improvements.

develop targeted action plans and strategies

ultraMontgomery is a high-speed fiber network that connects our business, academic and federal institutions along major corridors and greatly improves communication. The technology-based, multi-year, economic development initiative aims to grow jobs by making gigabit broadband more affordable and widely available to public and private institutions in major corridors and transit-oriented communities within the County. In addition to private providers, the County operates its own 570mile government run fiber network, called FiberNet. CELLULAR COVERAGE Montgomery County has extensive 4G coverage from all four major wireless carriers—including Verizon, AT&T, Sprint, T-Mobile. Hughes Network Systems, one of the country’s two leading satellite broadband providers is also headquartered in Montgomery County. DATA SYSTEM ECOSYSTEM Montgomery County offers its own mature commercial data center ecosystem. Two of these data centers include Bytegrid and Recovery Point.

to deliver results for our residents, businesses, and communities. openMontgomery provides immediate access to vital county data and information, along with a wide variety of raw data

FIBER CONNECTIVITY

that the public can analyze freely.

WE LIVE AT A TIME WHEN INTERNET CONNECTIVITY AND NETWORK INFRASTRUCTURE IS JUST AS FUNDAMENTAL TO OUR ECONOMIC FUTURE AS ARE TRANSPORTATION. I AM LAUNCHING ULTRAMONTGOMERY, A HIGH-SPEED FIBER NETWORK THAT WILL CONNECT OUR BUSINESS, ACADEMIC AND FEDERAL INSTITUTIONS ALONG MAJOR CORRIDORS AND TRANSITORIENTED SMART-GROWTH COMMUNITIES.

Bytegrid is a national provider of multi-tenant data centers. The maintainable and fault-tolerant design of this facility offers an ideal location for projects and expansion opportunities for businesses.

44

W H I T E OA K

— Isiah Leggett, Montgomery County Executive


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INCENTIVES TAX CREDITS AND VENTURE CAPITAL FUNDING Many incentives, exemptions and tax credits are

MD and Montgomery County Biotechnology

available to offset your costs of moving to the

Investment Incentive Tax Credit: Provides income

world-class White Oak Life Sciences Community.

tax credits equal to 50% of an eligible investment

The County is home to major Venture Capital firms

in a qualified MD Biotechnology Company, up to

and abundant support resources.

$250,000 per fiscal year. Also payments potentially

BIOTECH FACILITY DEVELOPMENT INCENTIVES Development Impact Tax Exemption: Life sciences

available from the County’s Biotech Investor Supplemental Program.

companies constructing new facilities are exempt

Biotechnology Investor Incentive Program:

from the County’s development tax, which is

Supplemental grant available to investors in biotech-

imposed on all new commercial development except

nology companies located in the county. Approved

for biotechnology structures—could potentially be

investors that receive Maryland State tax credits

worth millions in savings, depending on the sq. ft.

will automatically receive the supplemental grant.

Systems Development Fee Exemption: The local

Research and Development Tax Credit (R&D):

water authority can waive the fee that is imposed on

Businesses with qualified research and development

the sanitary/water fixtures in a new biotechnology or

expenditures in MD may qualify for two state income

manufacturing project (biotech is the one industry

tax credits, the Basic Research and Development Tax

that enjoys this exemption) in an amount up to

Credit and the Growth Research and Development

$50,000/year/per project.

Tax Credit.

Life Sciences Center Zone Development: The sq.

New Jobs Tax Credit: Promotes job and

ft. of space in a new project used exclusively for

construction growth through a six-year tax credit

mechanical equipment is excluded from the project’s

available to businesses that increase their space in

maximum density calculation. Allows a project to be

the State/County by at least 5,000 square feet and

built bigger than what is allowed by right.

their employee count by at least 25 new jobs.

BIOTECH AND OTHER FINANCIAL INCENTIVES Maryland Economic Development Assistance Authority and Fund (MEDAAF): Provides flexible, broad-based grants, loans and investments to

Montgomery County MOVE Program: Assists small businesses moving to Montgomery County taking up 10,000 sq. ft. A one-time incentive of $8/sq. ft. is available.

support economic development initiatives to

VENTURE CAPITAL FIRMS IN MONTGOMERY CO.

support relocation and expansion in Maryland.

• Aldrich Capital Partners Bethesda

Montgomery County Economic Development Grant

• Arborview Capital Chevy Chase

and Loan Program: Financial assistance to private

• Boulder Ventures Chevy Chase

employers that retain jobs or stimulate new job

• CNF Investments Bethesda

creation in Montgomery County. Priority is given

• Emerging Technology Partners Rockville

to high technology companies, manufacturing

• Enlightenment Capital Chevy Chase

companies, businesses in urban revitalization areas,

• Epidarex Capital Bethesda

and other private employers that provide the

• New Enterprise Associates Chevy Chase

greatest public benefit.

• Kinetic Ventures Chevy Chase • Novak Biddle Venture Partners Bethesda

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W H I T E OA K


HOW

MCEDC

HELPS

ECONOMIC ENGINE FOR BUSINESS DEVELOPMENT OUR PEOPLE KNOW PEOPLE

commercial properties. Whether you are considering

Our business retention and recruitment experts

starting a business here, moving into the county, or

are ready to help you reach business growth in

expanding within your current location, we can help.

Montgomery County. With decades of business

We’ll help you find the address of choice that can

experience on our team in the County and

lead to great business success in the county.

throughout the region, MCEDC is ready to help connect you to valuable resources, locations, potential partners, networking opportunities and more. If we don’t have it, we’ll find it for you.

EXPLORE AVAILABLE INCENTIVES Find out about current incentive programs from the county and the state, along with licensing, permitting and zoning information. Many incentives, tax credits

MAKE IMPORTANT CONNECTIONS

and other help are available—and our business

Using our wide-ranging network, we can connect

development team can help you find assistance.

you to potential partners and investors, professional service providers, accelerators and innovation centers, and networking. Tap our experts for business and market intelligence to help you make important decisions and assess current market conditions. Reach out and let us help you connect.

CONNECT BUSINESS TO TALENT WorkSource Montgomery is an MCEDC partner that expands its efforts to address talent development in East County, and particularly White Oak. We assist businesses in this area find a highly talented workforce that will allow them to accomplish their

ACCESS A LEADING WORKFORCE

goals. This area has a wealth of residents who

Thirty one percent of Montgomery County residents

possess skills that are assets to local employers

hold a post-grad degree and almost 60% of our

and recognize the community of people who need

residents have a bachelor’s degree. MCEDC partners

access to education and training programs to help

with colleges and universities to help you source the

them develop the expertise.

best talent. We are a ‘go-to’ resource that links the local and regional workforce pipeline to companies to fuel success.

WorkSource Montgomery helps to strengthen individuals at all job levels through career advancement, working directly with businesses

FIND THE PERFECT BUSINESS ADDRESS

to ensure a strong talent pool for in-demand

We can assist you with finding the perfect location

occupations.

from site selection to knowing early about available

M O N TG O M E RY CO U N T Y, M A RY L A N D

47


CONNECT

WITH

US

READY TO HELP YOUR BUSINESS CHAMPIONS Please reach out to us for answers to any questions you may have and to discuss next steps.

Lynne Stein-Benzion, CEcD Director of Business Retention & Expansion Lynne@thinkmoco.com 240.641.6706 office 301.910.1828 mobile

David Petr President & CEO David@thinkmoco.com 240.641.6701 office 863.956.7474 mobile

As the President and CEO of MCEDC, David

Lynne Stein Benzion is MCEDC’s Director of

develops innovative strategies, strengthens

Business Retention and Expansion, with many

partnerships and promotes Montgomery County

years of experience in the economic development

as a great place to do business. He leads the

arena and deep roots in the local Montgomery

MCEDC effort to help businesses start, relocate

County business community. She visualizes

and expand in the County. He regularly meets

the true potential of MCEDC as a regional and

with hundreds of businesses, associations and

national leader that capitalizes on the county’s

community partners to better understand their

cultural diversity to help new ideas and industries

priorities to help shape successful strategies.

grow and thrive.

LEARN MORE

LEARN MORE

Spiros Balntas, CEcD Director of Business Recruitment Spiros@thinkmoco.com 240.641.6705 office 301.857.1942 mobile

Daniel Parra Director of Small and Minority Business Development Daniel@thinkmoco.com 240.641.6714 office 240.271.8904 mobile

Spiros Balntas is the Director of Business

As the Small and Minority Business Development

Recruitment. He comes to MCEDC with a diverse

Director, Daniel Parra reaches out to minority

range of economic growth experience, having served

groups to help them cultivate partnerships and

in business development capacities both nationally

opportunities within their communities. Well

and internationally. He speaks four languages, a

known within the Asian, African, and Hispanic

distinct advantage in a multi-cultural County like

communities, he is also fluent in Spanish. Daniel

Montgomery.

was the President of the Hispanic Chamber of

LEARN MORE

Commerce for Montgomery County. He was also the Managing Director of Maryland’s Latino Economic Development Corporation. LEARN MORE

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W H I T E OA K


FDA

U.S. Army Research Laboratory

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ADDENDUM REGIONAL SNAPSHOT A LOOK AT THE GREATER WASHINGTON, D.C. AREA

are leading the way in innovative, sustainable

Major companies from Yelp, Marriott and Nestle,

technology. From its diverse pool of professional

have made the Greater Washington area their home.

talent, to its convenient access to key business

Why? Because they see the tremendous value that is

players—there’s no place in the country quite like

available here. D.C.’s urban and suburban communities

the D.C. region.

CONNECTIVITY AWARDS White Flint/North Bethesda: Best Place to Live in Maryland 1 Award of Excellence from the American Planning Association Rockville: #1 Best Place to Raise a Family 2 #13 Best Places to Live3 Top 30 Small Towns for Book Lovers4

Bethesda: #1 Most Educated Place in America 5 #1 Most Educated Place in America, third year running6 Montgomery County: #2 Best Public Schools in the State 7

Super high-speed network connectivity covers the area with a dense mat of fiber networks and conduit that provides a rare combination of competitive, advanced telecommunication services at relatively low cost. 4G cellular coverage is also available from all four major wireless carriers (Verizon, AT&T, Sprint, T-Mobile). Since the launch of the County’s ultraMontgomery program in 2014 to facilitate proliferation of ultra-high-speed broadband, the County has received and is processing hundreds of applications for 5G antenna systems.

#2 Top Digital Counties in U.S.

EXTENSIVE MOBILITY

DYNAMIC ECONOMY With a regional GDP of more than $500 billion, if the Washington area were a country, its economy would be the size of Sweden’s. Fueled by a 35% rise in population, growth is overwhelmingly through international migration and natural increase among current residents. More than 23% of the regional population is foreign born, bringing a depth of diversity that makes the region a microcosm of the country and the world.

The D.C. region is home to one of the top two largest transit systems in the nation, which powered nearly 180 million rail and more than 120 million bus trips in 2016 alone, reaching a 1,500 square mile area. n

R  anked as the 2nd most walkable metro area

n

3  3% of office, retail or multi-family space located in a pedestrian-accessible area

n

A  top 10 market nationally for its percentage of commuters who bike to work

n

T  hree international airports provide for hourly shuttle flights to business hubs in New York and Boston

n

A  five-hour drive to seven of the top 50 MSAs in the country

INCREDIBLE TALENT The greater Washington area has the second highest percentage of employees working in the computer and math field of any MSA in America. It is the top-ranked location for professionals in key corporate business functions such as management, financial and legal. There are also more than 40 different universities and colleges in the region.

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W H I T E OA K

SOURCE: 1 niche.com 2018 2 Livability.com 2016 3 Livability.com 2017 4 Aboutgreatbooks.com 2016

5 Nerdwallet.com 2016 6 Forbes 2015 7 Niche.com 2017


ADDENDUM WE ARE MONTGOMERY COUNTY EXPLORE OUR BUSINESS LEADERS

Discover. Connect. Check out the personal stories of

Entrepreneurs and innovators make up a diverse

365 community members, and what inspires them

tapestry of business success stories that reach all

to live and work in Montgomery County, Maryland

across Montgomery County, Maryland.

every day of the year.

M O N TG O M E RY CO U N T Y, M A RY L A N D

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thinkmoco.com

1801 Rockville Pike, Suite 320, Rockville, MD 20852

I 240.641.6700 I hello@thinkmoco.com

White Oak, Maryland  
White Oak, Maryland