2025 ANNUAL IMPACT REPORT
A YEAR OF IMPACT
2024 – 2025
The Alexandria Economic Development Partnership is dedicated to one mission: We bring opportunity to Alexandria. Whether we’re coaching a new entrepreneur on starting a small business, working with a fast-growing company to scale, or negotiating a catalytic investment on behalf of the City, our goal is to help our community thrive.
Inova Breaks Ground on Inova Alexandria Campus and Opens Inova Health Center – Oakville
Inova broke ground at the new Inova Alexandria Campus in the West End and unveiled the Inova Health Center – Oakville. The two projects expand world-class care while fueling economic growth across the region.
“It’s not just about building an amazing hospital with incredible architecture, development, and sustainability—everything that we expect to provide world-class services to the community—but also about catalyzing economic development.”
Alexandria’s Former Mayor Justin Wilson
Hokies Land in Potomac Yard: Virginia Tech Opens First Building on Alexandria Campus
More than six years in the making, Virginia Tech officially opened Academic Building One in Potomac Yard, welcoming nearly 500 students to its new facility, home to the Institute for Advanced Computing, . Through hands-on research and collaborations with industry and government, Hokies are strengthening Alexandria’s tech talent pipeline and tackling some of the country’s toughest challenges.
“Potomac Yard has always been a place where we create solutions for the future that stretch far beyond its borders. We are a place of innovation. We welcome opportunity.”
Alexandria’s Mayor Alyia Gaskins at the grand opening event.
The City of Alexandria and AEDP Host the 2025 Alexandria Economic Summit
“Every challenge is a call to action,” said Mayor Alyia Gaskins, setting the tone for an afternoon of bold ideas and spirited discussion. The Summit brought together City Council, business leaders, and residents for panels on the state of the economy and early insights from the forthcoming economic development framework to be unveiled in November 2025.
“We evaluated multiple opportunities, but Alexandria stood out because we didn’t have to compromise on what mattered most—proximity to clients, employee accessibility, and the overall business environment.”
Gary Barton | Principal, Government Services Consulting Leader and DC Market Expansion Leader at Sikich
MEET THE TEAM

Amanda Trusen
Business Intelligence Analyst

Jessica Sarra
Vice President, Operations

Joanna Shine
Operations Coordinator
The AEDP team is powered by people who bring expertise and personality to everything we do. This year, we welcomed Jessica, Joanna, Amanda, and Tristan, each stepping into vital roles that keep our operations strong, our community connected, and provide insights that guide our work—from business attraction and expansion to data and storytelling. Meet them and the rest of the team creating new opportunities for Alexandria.
2024-25 BY THE NUMBERS
4,106
JOBS CREATED/RETAINED
348
CITYWIDE ENTREPRENEUR VISITS
21.6%
OFFICE VACANCY RATE
As of June 30, 2025.
“If you want people to care about a place, you must create a place that cares about people.”
– Kevin Ervin Kelley | Summit Keynote Speaker; Co-founder, Design Firm Shook Kelley; & Author of Irreplaceable: How to Create Extraordinary Places that Bring People Together
HUD Relocates Headquarters to Alexandria
The U.S. Department of Housing & Urban Development (HUD) announced in June that it would relocate its 2,700 employees to Alexandria, moving into the Eisenhower Avenue building that currently houses the National Science Foundation (NSF) and bringing the first cabinet-level agency to the City. Since then, AEDP has been working diligently to ensure that NSF and its 1,800 employees remain in Alexandria as well.
What’s Old Is New Again: A New Crown Jewel is Added to King Street Through Adaptive Reuse
The transformation of 1101 King Street into CityHouse Old Town, with 199 apartments and a waitlist of over 600 people, demonstrates Alexandria’s pioneering role in the art of adaptive reuse. By converting obsolete office buildings, the City is setting a national example for innovative redevelopment.
Alexandria-Based Systems Announces Plans to Add 500 Jobs in Alexandria
Systems Planning & Analysis announced a major Northern Virginia expansion, purchasing their longtime West End headquarters and announcing plans to add 1,200 jobs throughout the region, with 500 high-quality national security jobs coming to Alexandria over the next five years. AEDP worked with the company to help it access state-level incentives as well as a grant from the Alexandria Investment Fund for jobs created and investments back into the community from both the company and the City.
Photos courtesy of Sam Kittner.
EVENT RECAP
Photo Credit: Laura Hatcher Photography








