May 4, 2017

Office of the County Executive Releases First Quarter 2017 Economic Development Highlights

The beginning of 2017 brought new businesses, jobs and development for Montgomery County. The County Executive’s MOVE program has led to 45 new office tenants in several submarkets in Montgomery County and hundreds of new jobs since its inception three years ago. A new integrated business portal is shaping up to make it easier to start and grow a business here. The White Oak development is moving forward after much anticipation and promises to be a catalyst for revitalizing the East County. A second fiber connection was made with Ashburn, VA through private partnership and the future county-wide bus rapid transit system has a new name: Flash.

Following a robust 2016, which saw the expansion of several global companies and major employers including Marriott International, GlaxoSmithKline, and Wedding Wire, and the relocation of Donohoe Development from Washington, DC, Montgomery County is actively advancing Business Vitality, Talent, Creative Economies and Placemaking—the key strategic areas outlined in the Comprehensive Economic Strategy, to ensure our position as a global magnet for talent, entrepreneurship, and businesses.

The full report can be accessed here. For more information please contact Lily Qi, Assistant Chief Administrative Officer for Economic and Workforce Development, 240-777-2524, lily.qi@montgomerycountymd.gov.

Visit montgomerycountymd.gov/ep for more information on Montgomery County’s economic priorities.

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