Steps from the nation’s capital, Montgomery County, Maryland, is home to a thriving business ecosystem, top-tier academic institutions, and a highly educated and diverse talent pipeline.
Anchored by a variety of commercial developments, the county offers companies of all sizes the infrastructure and strategic location they need to grow and succeed. Modern, transit-connected office spaces, state-of-the-art lab facilities, vibrant mixed-use communities, and proximity to the nation’s capital — as well as 18 federal agencies and 36 federal labs — make it easy for global brands and startups to attract and retain talent. In fact, the county is home to more than 1 million residents, where 33 percent of adults (25 or older) have an advanced degree. Additionally, the state of Maryland ranks second for the highest concentration of Ph.D.s. This is a key differentiator to the more than 350 life sciences businesses that specialize in gene and cell therapies, vaccines, pharmaceuticals, and advanced manufacturing in Montgomery County. More than 6,000 technology companies call Montgomery County home, which is also the chosen location for global giants like Lockheed Martin, AstraZeneca, Novavax, and Marriott. With a diverse workforce fueling high-growth industries like satellite and advanced communications, defense, cybersecurity, and quantum computing, Montgomery County is a launchpad for growth and innovation.
$12M
Whether companies are starting off or are already well-established, they will find a thriving and robust ecosystem to foster building strong partnerships, proximity to top academic institutions to fuel their talent pipeline, infrastructure that can enable their business to expand and grow, and a welcoming, vibrant local culture that provides an unmatched quality of life for their employees. Montgomery County is Maryland’s largest and most diverse county. Home to award-winning restaurants, entertainment venues, more than 400 local parks, and with easy access to vineyards, golf courses, lakes, mountains, and forests, Montgomery County is the perfect blend of urban, suburban, and country.
A diverse, highly educated workforce fuels the county’s innovation economy.
Recent development opportunities are primed to accelerate Montgomery County’s continued growth as an epicenter for innovation. The transformative Viva White Oak project, also the county’s first-ever tax incremental funding proposal, offers 280 acres that are ready for development. Located adjacent to the FDA headquarters and near Adventist HealthCare White Oak Medical Center, Viva White Oak is approved for more than 12 million square feet of mixed-use development. The Viva White Oak site is a $2.8 billion investment featuring more than 3 million square feet of lab space, office/medical office, retail, and up to 5,000 quality residences.
Viva White Oak is set to anchor Montgomery County’s next chapter of growth.
With a strategic focus on the life sciences and biohealth industries, Viva White Oak stands out with the promise to expand the already large life sciences cluster in the county and is anticipated to create at least 9,000 jobs. With top-ranking academic institutions like the Universities at Shady Grove, ranked within the top 20 in the country, and Montgomery College, the No. 1 community college in the state, sites like Viva White Oak present a unique opportunity for businesses looking to broaden their reach and gain a global presence. Viva White Oak is on track to shape Montgomery County’s next chapter of growth and deliver additional state-of-the-art facilities to a community that is known for excellence and high-end amenities.
