In mid-September, the Alexandria Economic Development Partnership (AEDP) released their bi-annual State of the Market report. This document focuses on the first half of 2015 and contains valuable information for small business owners in the City.
This publication is part of AEDP’s research and data series on the City of Alexandria. This report is released twice a year and provides the latest updates on the City’s economy, the status of different development projects, insights into the office and retail markets, and residential sales patterns. Each report features a spotlight section that goes into more depth on a particular topic. This report’s spotlight is on TSA’s relocation to Victory Center.
In addition to a wealth of indicators and data, the report also includes several short articles on a variety of topics. In the office section of the report, there is a discussion of how cities and counties are incorporating light industrial space and flex uses into urban landscapes. There is also an article on the rise of boutique office and how businesses are looking for unique and collaborative spaces.
The retail section of the report covers recent openings and new businesses in the City. There is also an in-depth discussion of the trends in retail, both in Alexandria and beyond. There are also features on future retail in the Oakville Triangle study area and on product development entrepreneurship and the rise of maker spaces.
The report provides basic information on Alexandria’s economy and on the housing market in the City. In this report, there is also an overview of some of the planning efforts for future development in Eisenhower West, Old Town North, and the Oakville Triangle/Route 1 area. All of this information is important for and relevant to small business owners in the City. We hope you will take the time to read the report and reach out to AEDP if you have any questions.