Loudoun County: Where You Want To Be Expression of Interest for Visa’s Headquarters Office Locations

5.23.2019

Prepared by:

LoudounIsWhereYouWantToBe.com

Dear Mr. Don Davis,

On behalf of the Loudoun County Department of Economic Development, and the Board of Supervisors, please accept the enclosed information as an expression of interest in the expansion of Visa’s Loudoun County presence with the addition of the Client Services Support Division. In Loudoun County you will find not just a growing community, but an opportunity to work collaboratively to build something unique in an ecosystem where we like to say that your success is #LoudounPossible. In the pages to follow we will outline the way in which we will partner with you, the opportunities we would like to discuss further, and the attributes that make Loudoun where you want to be. Additionally, please visit LoudounIsWhereYouWantToBe.com (password: loudounpossible) to further explore the opportunities surrounding your existing Loudoun County site. This password-protected, customized page shows the growth in Loudoun County over the next several years and the community surrounding this new corporate home for Visa’s Client Services Support Division. As the principal interface within Loudoun County government, the Department of Economic Development is ready to assist in ensuring that all necessary requirements for your project are met. As an example, this project will qualify for Loudoun’s Fast-Track Commercial Incentive program. Fast-Track is designed to streamline the development process, provide process certainty, reduce approval times and provide a central point of contact. Once you are accepted as a Fast-Track project, Loudoun will commit to providing guaranteed schedules for key milestones. In fact, this past year, our Fast-Track program reduced the review time for conditional site plan approvals by 75%, from 240 days down to approximately 60 days. The Fast- Track program has been shown to significantly reduce schedule and related cost risks for our developers and clients. Again, let me emphasize our full support for the potential for Visa to expand their Loudoun County presence and to bring the Client Services Support Division to one of the fastest growing, well-educated, and technologically-progressive counties in the United States.

Sincerely,

Buddy Rizer, CEcD Executive Director Loudoun County, Virginia Economic Development Table of Contents INTRODUCTION...... 1 THE COMMUNITY YOU CHOOSE MAKES A DIFFERENCE ...... 2 LOUDOUN COUNTY COMPREHENSIVE PLAN ...... 3 CURRENT AND FUTURE DEVELOPMENTS SURROUNDING VISA’S LOUDOUN PROPERTY .....3 TECHNOLOGY...... 5 TALENT ...... 5 CURRENT WORKFORCE ...... 5 WHERE ARE LOUDOUN’S JOBS?...... 5 LOUDOUN’S FUTURE WORKFORCE...... 7 CREATING TALENT THROUGH EARLY EXPOSURE ...... 7 THE FUTURE OF LOUDOUN’S TALENT ...... 9 DEVELOPING AND RETAINING TECH TALENT: TRAINING PROGRAMS ...... 10 HOUSING...... 12 DIVERSITY OF HOUSING ...... 12 POPULATION SHIFTS IN THE WASHINGTON, DC METRO AREA:...... 13 TRANSPORTATION ...... 15 PUBLIC TRANSPORTATION AVAILABILITIES ...... 15 METRO ACCESS ...... 16 REGIONAL TRANSPORTATION...... 17 QUALITY OF LIFE ...... 18 LOUDOUN COUNTY, VIRGINIA - THE BEST FOR BUSINESS ...... 20

Expression of Interest for Potential Site for Headquarters Office Location | Page 3 INTRODUCTION Loudoun County is a regional, national and international leader for economic and business success, while still offering a first-class quality of life. Some of the ways that we make commercial success #LoudounPossible include: • Top U.S. Median Household Income: Loudoun is the No. 1 county in America for household income ($135,842), according to the U.S. Census Bureau, for the 11th year in a row. Part of that can be attributed to having one of the most-educated workforces in the country (almost 60% have at least a bachelor’s degree), as well as one of the lowest unemployment rates in the region (2.3% as of October 2018). • Top Business Investment for Counties of Its Size: Last year the International Economic Development Council announced that Loudoun led the U.S. in investment for counties of its size, with $3.3 billion of investment in FY 2017 alone. That total almost doubled in FY2018 to $6.4 billion. Over the last five years, Loudoun has attracted more than $13 billion in commercial investment. • Top Purchasing Power: A study from SmartAsset shows that Loudoun residents get more for their money than people in any other county in Virginia. The study compares median income and cost-of- living data nationwide to find the counties where people hold the most purchasing power. • Top Data Center Market in the World: More than 70% of all daily global Internet traffic travels through Loudoun County, thanks to the largest and fastest- growing data center hub in the world. Visa along with other major industry leaders like Amazon, Verizon Business, Google, Facebook and Salesforce all trust their most important digital assets to the connectivity in Loudoun County. The data center industry is driving growth in technology, security and innovations and bringing with it opportunities far beyond the data center industry.

Eight Ways Loudoun County, Virginia Is Number One

Expression of Interest for Potential Site for Headquarters Office Location | Page 1 THE COMMUNITY YOU CHOOSE MAKES A DIFFERENCE Everywhere you turn, you see a region where people from all walks of life come together to live, learn, work, and play. Residents of Northern Virginia celebrate each other’s differences, learning from each other, protecting each other, and supporting each other to ensure that everyone in the community can thrive. There’s a reason that Northern Virginia consistently ranks among the top in livability rankings … it’s because Northern Virginia defines the word community.

Residential integration (white/non-white) Live Index 4th 3rd 2nd 1st Washington, D.C. Denver Loudoun County Austin

High school students graduating on-time Learn 4th 3rd 2nd 1st Percent of student body Washington, D.C. Denver Austin Loudoun County

Bachelor’s or higher 4th 3rd 2nd 1st Attain Percent of population Denver Austin Washington, D.C. Loudoun County

Tech jobs Work 4th 3rd 2nd 1st Computer/math occupations Austin Washington, D.C. Denver Loudoun County

Violent crime Incidents per 100,000 4th 3rd 2nd 1st Protect Washington, D.C. Denver Austin Loudoun County

Income to cost of living Ratio Thrive 4th 3rd 2nd 1st Washington, D.C. Denver Austin Loudoun County

Expression of Interest for Potential Site for Headquarters Office Location | Page 2 LOUDOUN COUNTY COMPREHENSIVE PLAN With consistent and projected growth comes the need for new and progressive ways to plan for Loudoun’s future. To that end, the County is currently in the process of updating its Comprehensive Plan to set the stage for the next chapter. The Loudoun County Board of Supervisors is reviewing the draft Loudoun County 2019 Comprehensive Plan throughout spring 2019 with a vote on adoption expected in June. Once adopted, it will serve as the county government’s guide for land use and transportation policy. The current draft designates the easternmost portion of the County as a Suburban Policy Area (SPA). Within the SPA are Place Types that guide the intent, form, character, and anticipated uses. The Visa building and surrounding properties is located in the Suburban Mixed Use Place Type which is intended to provide compact, pedestrian-oriented environments with opportunities for a mix of residential, commercial, entertainment, cultural, and recreational amenities. Although this area provides for residential uses, commercial and entertainment uses are the primary draw to the mixed-use center. Reducing the distance between home, work, and entertainment/retail destinations, Suburban Mixed Use areas serve as logical locations for transit stops. CURRENT AND FUTURE DEVELOPMENTS SURROUNDING VISA’S LOUDOUN PROPERTY Perfectly positioned near major interstates and dedicated metro access, Visa’s Loudoun property is also centered within convenient access to Loudoun’s premier residential, commercial and retail major developments. Such neighboring developments within a 0.5 mile radius of Visa’s building include One Loudoun and Kincora, while Visa’s Ashburn property is located within the actual boundaries of Commonwealth Center’s mixed-use development. At full buildout, these three accessible properties will provide a total of +/-2,780 residential units and +/- 9.6 million square feet of office, commercial and retail development.

Current and Future Developments Surrounding Visa

One Loudoun

Commonwealth Center

Kincora

Expression of Interest for Potential Site for Headquarters Office Location | Page 3 Commonwealth Center One Loudoun Kincora

Current Use Commonwealth Center is One Loudoun is Loudoun Kincora’s 424-acre walkable, and Activities a 1.2 million-square-foot County’s premier mixed-use mixed-use community mixed use development development, providing a provides unparalleled featuring retail, dining, best-of-class environment integration of nature in office, and hotel uses. to live, work, learn and play. an urban setting. Its 160- The property will be Voted the #1 Community Of acre riverside park, with fun-focused, with great The Year by Great American over three miles of trails, restaurants and supporting Living, One Loudoun will allow residents and lifestyle tenants rounding currently features: visitors alike to conveniently out the mix. Exciting • Nearly 3 million square explore and experience existing offerings include: feet of Class-A office nature from every corner of the community. • Thrilling entertainment • Over 1,000 three-level and recreation amenities The property’s initial townhomes, luxury condos development includes: such as Topgolf and IFLY and single family homes • 40,000-square-foot retail • The Heronview • Over 700,000 square feet Apartments: 96 units of center featuring CVS of retail, restaurant & Pharmacy affordable and workforce entertainment housing offering 1, 2 and 3 bedroom residences

Future • 225,000 square feet of • Five-story, 100,000 square • 4 million square feet of Development future office feet of Class-A office space Class-A office • 400,000 square feet of • 25,000 square feet of retail • 1,400 apartment and retail development development condominiums • 150-room hotel • 70,000-square-foot Children’s Science Museum (recently secured project funding from both Loudoun County and VA General Assembly) • 61,000-square-foot National Museum of Intelligence & Special Operations

Expression of Interest for Potential Site for Headquarters Office Location | Page 4 TECHNOLOGY Loudoun is Home to Data Center Alley Within the heart of Loudoun County, and surrounding Visa’s property, is the world’s greatest concentration of data centers. With the presence of every major cloud provider, over 13.5 million square feet of data centers, ultra-high-speed, high- bandwidth fiber, and state-of-the-art, cloud-based machine learning hardware, there is no other location that offers compute capability and data analytics like Loudoun. And the infrastructure continues to grow, making the compute capability utterly scalable. What does this mean for data science and data analytics? Ten terabits to 30 terabits of data per second – this is the compute speed you get in Loudoun’s Data Center Alley. The fiber running through Loudoun County acts like a super highway with off and on ramps at every data center and every cloud provider. By connecting to the existing infrastructure, companies can do data analytics within seconds and minutes, in real time, and on massive, diffuse data sets. In addition, an entity with an existing data center in Loudoun can connect to it directly with a dedicated fiber “lane”- at 10Tbps to 30Tbps. The past year has generated an immense push by government leaders, the business community, and the education system to map and guide the training required by the next generation to meet the demand for qualified technology workers. TALENT Supporting the continued growth and technology infrastructure requires talent that Loudoun County has, and will continue to cultivate, through active and engaged partnerships beginning with the K-12 system, moving through higher education and ultimately moving to training and reskilling. CURRENT WORKFORCE An exceptional talent pool and development plan is not only a significant focus for the State of Virginia but a vital component in the story of Loudoun County. Loudoun County is a regional, national and international leader for economic and business success and continues to offer a first-class quality of life. Economic factors, quality of life features, and business success dynamics all play a vital role in the workforce success story of Loudoun County. WHERE ARE LOUDOUN’S JOBS? Labor market data from 2018 Q4 confirms Loudoun County has an extraordinary civilian labor force participation rate of 76% and of individuals 25 to 64 in Loudoun, 62.1% have a bachelor’s degree or higher which compares to a national percentage of 32.3%. Employing more than 23,400 workers, the largest industry sector in the County is the Professional, Scientific, and Technical Services areas.

Expression of Interest for Potential Site for Headquarters Office Location | Page 5 Workforce

Over the next decade, employment in Loudoun County is projected to expand by more than 40,000 jobs with Professional, Scientific and Technical Services cluster continuing to lead all employment clusters.

Level of educational attainment percent with a Bachelor’s degree or higher (%)

Loudoun 62.1% Washington, D.C. 50.8% Austin 44.8% Denver 43.9%

U.S. average 32% Source: American Community Survey 1-Year Estimates, 2017 Source: American Community Survey 1-Year Estimates, 2017

Expression of Interest for Potential Site for Headquarters Office Location | Page 6 LOUDOUN’S FUTURE WORKFORCE Locating in Loudoun provides a gateway to a broader recruiting network in the Mid-Atlantic region. Within a five-hour drive, Visa would have access to top computer science and business talent from Princeton, Johns Hopkins, University of Pennsylvania, Duke, and Carnegie Mellon, among others.

Universities Within a Five-hour Drive

Pennsylvania State University NEW —University Park JERSEY 3 hrs. 10 min. Lehigh University 3 hrs. 30 min. Princeton University of Pittsburgh University 3 hrs. 30min. 3 hrs. 30 min. Duquesne University PENNSYLVANIA 4 hrs. Carnegie Mellon University Villanova University 3 hrs. 30min. 3 hrs. Drexel University Temple University 2 hrs. 50 min. 2 hrs. 50 min. Swarthmore College University of Pennsylvania 2 hrs. 40 min. 2 hrs.50 min. University of Delaware West Virginia University 2 hr. 3 hrs. 15 min. John Hopkins University 1 hr. 30 min. Univ. of Maryland — Baltimore County 1 hr. 10 min. M A R Y L A N D U.S. Naval Academy D.C. 1 hr. 30 min. NOVA Community College NOVA Community College University of Maryland—College Park 1 hr. 20 min. NOVA Community College American University 1 hr. The Catholic Univ. James Madison Univ. of America 2 hrs. University of Mary Washington Georgetown University D.C. 1 hr. 10 min. 1 hr. 30 min. 50 min. Howard University Marymount University 1 hr. 10 min. University of Virginia 45 min. 2 hrs. George Washington Univ. V I R G I N I A 50 min. Virginia Commonwealth University NOVA Community College University of Richmond NOVA Community College 2 hr. 25 min. 2 hr. 15 min. George Mason Univ. 45 min. V I R G I N I A College of Virginia Tech William & Mary NOVA Community College 3 hrs. 40 min. NOVA Community College 3 hrs.

Old Dominion University 3 hrs. 40 min.

N O R T H C A R O L I N A

Duke University 4 hrs. 30 min. University of North Carolina—Chapel Hill 4 hrs. 45 min.

The region also produces the fourth-largest number of graduates in business disciplines (~20,000) and Virginia consistently ranks near the top, nationally, in university graduation rates, student return on investment, student-faculty ratios and in-state student attendance. CREATING TALENT THROUGH EARLY EXPOSURE THE COMMONWEALTH It comes as no surprise that Virginia boasts some of the best public education systems in the country, ranking fourth nationwide. In 2016, legislation was created to include computer science, computational thinking and computer coding into the K-12 curriculum and standardized testing. Continuing the advance of educational excellence, the late April 2019 launch of the “Virginia is for Learners” initiative was created to engage students, parents, educators, and employers with the Commonwealth’s efforts to better train Virginia students for workforce achievements, career pathways and maximizing the potential of all students.

Expression of Interest for Potential Site for Headquarters Office Location | Page 7 LOUDOUN’S LOCAL COMMITMENT Even though Loudoun is home to many high-quality private schools, access to top-rated public schools provides a major affordability On May 9, of the nearly advantage to employees who choose to live in Loudoun. 1,000 entrants, the Virginia Loudoun County Public Schools (LCPS) is the third largest school Governor announced division in the Commonwealth, and boasts an average SAT score Suzanne Tunder, Loudoun of 1184, serving upwards of 82,400 students in all of its fully- Valley High School, accredited 92 facilities. In addition, LCPS is the largest/most active Purcellville, Virginia as school system participant of Technology Education and Literacy one of the winners at the in Schools (TEALS), supported by Microsoft Philanthropies which 8th Annual STEM (Science, ensures real-world applicability of technical teaching practices. Technology, Engineering, In 2018, LCPS had 58 National Merit Semifinalists and the Class of and Math) Essay Contest 2018 had an on-time graduation rate of 95.5%, and earned more for young women in their than $58.5 million in scholarships. According to Niche, in 2019, LCPS ranks as the #2 Best School District in Virginia. The best schools for junior and senior years of STEM in Loudoun County are Stone Bridge High School, Freedom high school. High School and Briar Woods High School. The goal of LCPS is to develop knowledgeable critical thinkers, collaborators, communicators, creators, and contributors. Building on educational excellence and conceptualized for more than 10 years, The Academies of Loudoun, a newly-opened, 119- acre, three-story, 300,000-square-foot center, empowers students to explore, research, collaborate, innovate and create significant contributions in the fields of science, technology, engineering and mathematics (STEM). The Academies has several special STEM programs including The Academy of Engineering & Technology (AET), The Academy of Science (AOC), and the Monroe Advanced Technical Academy (MATA), a Career and Technical STEM Academy. The Loudoun County Public School-Business Partnership has a commitment to and vision of establishing valuable and innovative partnerships between the County’s schools and business community. As of 2018-2019, more than 314 county-wide partnerships exist with more than 50 programs dedicated to STEM learning and excellence. In 2014, Visa, spearheaded by Mr. Paul Russinoff, partnered with the Loudoun County Public School-Business Partnership by financially supporting the evolution of Cedar Lane Elementary School’s “STAR Camp”, focused on science, technology and robotics education. And in addition to the typical head start programs, Loudoun offers many options for families and early childhood education. These programs are offered through the county as well as privately to include: multiple locations of the Early Childhood Special Education Program, the Early Intervention Services Program in Leesburg, the YMCA Early Learning Program and the nine branches which make up the Loudoun County Public Library System.

Expression of Interest for Potential Site for Headquarters Office Location | Page 8 Northern Virginia IT Talent Pipeline

THE FUTURE OF LOUDOUN’S TALENT Ever cognizant of the need to boost talent, the Commonwealth and its universities have invested in ensuring Northern Virginia remains a preeminent talent location and committed to strengthening our human capital assets with targeted initiatives to build the right pipeline of talent for the region’s economy. The Northern Virginia Tech Talent Pipeline was created to show the strengthening of the technology capacity pipeline across Virginia. As such, the Commonwealth has committed to making performance-based investments in public education institutions statewide with the goal of producing 25,000 to 35,000 additional bachelor’s and master’s computer science and related field degrees, over the next two decades. The overall program includes five components, starting with a K-12 tech talent pipeline initiative, a community college program, bachelor’s-level education, master’s-level education and a technology internship program for higher education students.

• Virginia Association of Colleges and Employers (VACE) connects employers who hire college students and alumni while strengthening relationships between colleges and employers in pursuit of career initiatives and achievement. • Northern Virginia Community College, Loudoun Campus spreads out over 93 acres and features state- of-the-art science and computer labs providing a diverse selection of academic programs to more than 11,000 students each year.

Expression of Interest for Potential Site for Headquarters Office Location | Page 9 • The newly-created ADVANCE program, serving more than 21 ADVANCE pathways and 300 students, is an innovative partnership between Northern Virginia Community College and George Mason University. This collaborative program streamlines the education pathway process by reducing the time and cost of earning a four year degree. Future plans include offering more than 75 degree pathways ranging from Computer Engineering, Communication and Concentrations in Technology and Innovation. • George Washington University, Virginia Science & Technology Campus students can select from 24+ flexible format academic bachelor’s, master’s, doctoral degree and certificate programs. • George Mason University, Virginia’s largest public research university, offers a Loudoun campus and a bold, progressive education serving students in the areas of in nursing, education, information technology and management. • Strayer University, Loudoun Campus instructors combine real world experience reflected in creative, interactive, lessons in Associate, Bachelor and Master level classes and includes a dedicated Veterans Center. • Shenandoah University, a nationally-recognized university, blends professional studies in 90 programs in seven different schools. • Virginia Tech, with a proven track record in building a research and training agenda aligned with the needs of industry to solve the workforce problem has existing plans to double its enrollment at its National Capital Region locations, quadruple research funding in the area, and support the creation of closer industry partnerships to co-locate research and incubator spaces. Through steadfast support from the Commonwealth’s sustained commitment in the areas of talent development and pipeline creation, in addition to Loudoun’s countless community talent partners, it is clear Loudoun offers Visa an unparalleled labor force. DEVELOPING AND RETAINING TECH TALENT: TRAINING PROGRAMS Discovering the right technology talent is essential for any business. Having access to engaged and dedicated training programs is indispensable. Loudoun’s advantage is a great number of effective training initiatives already exist within the County or within close proximity. • The Northern Virginia Technology Council (NVTC) Tech Talent Initiative explores the region’s technology employers’ current and future talent needs and institutes programs to positively affect the development of a workforce with the right skills, competencies and industry certifications. • The Tech Talent Employer Collaborative, a component of NVTC, is a full implementation of the U.S. Chamber of Commerce Foundation’s Talent Pipeline Management (TPM) methodology with a goal to create a business-driven self-sustaining model that addresses technology workforce skill and capacity gaps. • SySTEMic Solutions, Northern Virginia Community College’s (NOVA) program to develop a sustainable STEM (science, technology, engineering and math) pipeline in the region with the collaboration among school divisions, university partners, businesses and community organizations.

Expression of Interest for Potential Site for Headquarters Office Location | Page 10 SySTEMic Solutions engages students as early as elementary school and inspires and supports them with career exploration and to pursue STEM education into high school, NOVA, universities and into the workforce. WORKING WITH VIRGINIA VETERANS The greater Washington, D.C., area is home to nearly 210,000 employment age veterans, with close to 21,000 veterans living in Loudoun County alone, making it the metropolitan area with the largest number of veterans in the labor force, nationwide. Many veterans enter the civilian workforce after senior leadership positions at the Pentagon and elsewhere in national security agencies that populate Northern Virginia. This vital workforce can help meet Visa’s commitment to hiring veteran and military spouses through your partnership with Hirepurpose https://www.hirepurpose.com/ and as a founding member of The Veterans Financial Coalition.

Another valuable recruitment initiative available to Loudoun includes the Northern Virginia Technology Council’s Veterans Employment Initiative, which partners with the Virginia Department of Veteran Services, the Virginia Employment Commission and the Military District of Washington (MDW) and connects veterans and their spouses for recruitment, hiring, training and retention.

Expression of Interest for Potential Site for Headquarters Office Location | Page 11 HOUSING Housing is where jobs go home to sleep at night, and Loudoun is committed to providing a spectrum of housing for its talented workforce. Whether it’s high-density multi-family options near the future metro stops or sprawling farmland, there is something for every taste. DIVERSITY OF HOUSING Loudoun is accessible to many desirable housing options. A few of these choices include:

• Ashburn is a suburban community with multiple master-planned residential neighborhoods and home to Ashburn Station, the last stop on Metro’s Silver Line. High-density, mixed-use development is concentrated around the Metro and in popular walkable town centers at Brambleton and Loudoun Station, which has emerged as a focal point for dining and entertainment in Loudoun County. • Leesburg is Loudoun County’s historic downtown, which has a vibrant walking district with a lively mix of independent restaurants, merchants, and arts and performing venues. Leesburg offers a blend of the old and new, with historic buildings, modern homes and new mixed-use centers such as Village at Leesburg and Lansdowne Town Center. • Purcellville is the perfect mix of historic charm, modern amenities, and fun things to do. Purcellville is in the rural, western portion of the County, surrounded by farms, open space, and mountain views. Easy access to outdoor activities includes: Appalachian Trail, W&OD Bike Trail, Potomac River, hiking, horseback riding, and pick-your-own farms.

In the Commonwealth, more than three-quarters of the households have at least one household member who works, and a considerable amount of those workers are employed outside the home. In Loudoun, the Housing and Commuting Affordability Index-Median is 24.30%, compared with 26.90% for Washington, D.C. MSA and more than 28.90% for the City of Alexandria.

Approximate New residents ages 20 to 39

Every Year Every 10 Years Between 2020 - 2040

3,198 15,993 63,970

Expression of Interest for Potential Site for Headquarters Office Location | Page 12 POPULATION SHIFTS IN THE WASHINGTON, DC METRO AREA: Population growth of the Washington, D.C., metro region has continued to slow down in recent years. Specifically, the region lost 30,600 residents to domestic out-migration, although the overall population has continued to grow slightly due to natural births and international migration. However, Loudoun County continues to defy regional population and migration trends with strong growth. The net domestic migration rate for Loudoun was +9.4 new residents (per 1,000 residents), while the District of Columbia’s rate was -1.3 (per 1,000 residents).

Net Domestic Migration Rate 2017-2018 Population Change 2017-2018

Source: The U.S. Census Bureau (Vintage 2018 Population Estimates) Source: The U.S. Census Bureau (Vintage 2018 Population Estimates) and Stephen S Fuller Institute at the Schar School, GMU

For 2017-2018, Loudoun County grew faster than any other jurisdiction in the D.C. metro area, with a growth rate of 2.5% (compared to 1.0% for the District of Columbia). Additionally, Loudoun County has led the region in the number of people moving to the area through domestic in-migration (+3,790). More than 100,000 residents leave the county for their jobs. This presents Visa with an exciting opportunity to capture a segment of this highly skilled and educated workforce commuting out of Loudoun each day.

Expression of Interest for Potential Site for Headquarters Office Location | Page 13 Current Workforce By the Numbers

Fast Fact Numbers Loudoun residents choosing to stay and work within Loudoun County 97,000

Regional residents from Virginia, Maryland, West Virginia and the District of 161,500 Columbia commuting to Loudoun

Loudoun residents commuting to Maryland, West Virginia and the District of 33,764 Columbia*

Loudoun workers commuting from the four surrounding Counties of Fairfax, 43,165 Prince William, Fauquier and Clark

Loudoun residents commuting to the four adjacent Counties of Fairfax, 70,183 Prince William, Fauquier and Clark*

Expression of Interest for Potential Site for Headquarters Office Location | Page 14 TRANSPORTATION PUBLIC TRANSPORTATION AVAILABILITIES For commuting and access to the region, Loudoun has a robust public transit system that will add three Silver Line Metro stations in 2020. Loudoun County’s Board of Supervisors has also dedicated $1.266 billion over the next six years to fund capital transportation projects. Loudoun Commuter Services currently provides all-day bus connection service between the Ashburn North Park-and-ride lot on Russell Branch Parkway (located 0.7 miles from Project Foster’s current Ashburn office) and the Wiehle-Reston East Metrorail Station (the provided Route 72 Bus Schedule outlines the current transit operating schedule). Additional dedicated transit bus networks can be created between Visa’s site and future Loudoun metro stations. The establishment of a private/public partnership between the county and Visa would lead to the most convenient employee transportation network possible for metro access. Once Phase Two of the Silver Line is complete and operational Route 72 passengers will experience more frequent service and shorter bus rides. Commuter vanpools are also available as an alternative to Loudoun public transportation routes. Vanpool participants travel to and from work together in a leased van, mini-van or SUV. The vanpool participants identify and maintain the route and schedule which best accommodate their needs. Two or more of the participants alternate driving responsibilities. A vanpool can begin with as few as four participants and can accommodate up to 15 commuters. Additionally, vanpool groups may tap into financial incentives through Virginia Vanpool Alliance. Loudoun County is also improving its multimodal transportation network that connects to the Metrorail system. Numerous roadway connections are being planned that have multiple travel lanes, on-road bike lanes, and sidewalks. Pedestrian and bicycle connection improvements to and from the new Silver Line Metrorail stations are a large part of Loudoun County’s near-term Capital Improvement Plan. Furthermore, to take advantage of the growing popularity of Capital Bikeshare in the region, bikeshare stations have been provided at Metro stations, with funding to provide more by 2020.

Expression of Interest for Potential Site for Headquarters Office Location | Page 15 51 Ranson 9 Charles Town 144 70 70 Damascus 40 40 695 Lovettsville Ellicott City Catonsville

Clarksburg

895 Columbia Commute Times 270 100 Elkridge 100 9 Germantown Montgomery 270 Village

W Jessup Berryville hites Olney Fry Poolesville 7 Gaithersburg Purcellville 7 28 95 32

29 32 Leesburg 200 Burtonsville Darnestown Leisure World 95 200 Laurel 29 Aspen Hill Rockville Colesville

185 295 White Oak 295 Beltsville 15St eMinutesrling Potomac 267 495 Silver 495 Adelphi Greenbelt Great Falls Spring Langley Park Glenn Dale 602 Bethesda College Park New District of Takoma Park Herndon East Carrollton 267 Chillum Riverdale Reston 193 Columbia Bowie 495 Hyattsville

50 7 McLean Tysons Corner Mitchellville Pimmit Hills 286 30 MinutesVienna Seat Dunn Loring Arlington Washington Pleasant Chantilly Oakton Falls Church Largo 286 Merri eld District 50 50 Baileys Heights 495 Crossroads 66 Fairfax Hillcrest Forestville Centreville 45 Minutes Heights Annandale 495 Temple Hills Camp Springs Haymarket 620 4 Alexandria 495 Gainesville 66 Burke 60 Minutes West Spring eld Franconia Spring eld Manassas Park Clinton Rosaryville Manassas Hybla Valley Fort Newington Washington

382 Warrenton 95 Mt Vernon Brandywine Nokesville 123 Lorton METRO ACCESS 95

234 294 211 211 95 Accokeek 15 Phase Two construction is expected to 234be completed in 2019, and after required system tests, doors 10 Miles 28 229 Woodbridge 15 are anticipated to be open for Loudoun Metro riders Dinale 2020.City Silver Line Phase Two is more than228 90%228 301 95 complete, according to the latest figures from the Dulles Corridor Metrorail Project.

Metro Phase Two Will Open in 2020

R Y E A T C W T N D E E R , T O C A N P N O G R I O T I N N A T G R U S A N U I O E V B D L O H H L S U N S U A O N A D I L W

Expression of Interest for Potential Site for Headquarters Office Location | Page 16 The Silver Line Ashburn Station will be located approximately five miles away from Visa’s campus on Russell Branch Parkway. It will provide easy access to Dulles International Airport and a one-seat, no-transfer ride to the nation’s capital. The Silver Line extension includes 11 new stations, so greater connectivity with Northern Virginia is another major benefit. The 23-mile extension further ties Visa and Loudoun County into the region’s workforce and booming economy. The existing Metrorail system consists of approximately 118 route miles, 91 passenger stations, and a fleet of over 1,100 railcars. Of Metrorail’s six lines, four of them - Silver, Orange, Blue, and Yellow - serve Northern Virginia. REGIONAL TRANSPORTATION Perfectly positioned near major interstates and a high-traffic international airport, Loudoun County is decidedly well connected. Visa’s expanded presence in Loudoun can take advantage of easy, accessible regional transportation options, which include: • Proximity to major interstates such as I-95, I-81, I-495, I-70, I-270 and I-66; • Loudoun County is home to Dulles international Airport, the 24th busiest airport in North America in terms of passenger traffic with 22 million people traveling through IAD in 2016. With 139 gates, there are 248 daily departures to 72 domestic destinations and 66 daily departures to 55 international destinations; • Loudoun also has access to Ronald Reagan Washington National Airport and Baltimore/Washington International Thurgood Marshall Airport.

Expression of Interest for Potential Site for Headquarters Office Location | Page 17 QUALITY OF LIFE Loudoun County’s eastern district of Ashburn is home to the largest concentration of data centers in the world. Top federal agencies, including the Department of Homeland Security, and Fortune 50 companies trust Loudoun’s enhanced IT security infrastructure with the fast, secure transfer of their data. Western Loudoun is a leader in innovative agriculture, supporting both traditional farming and agri-tourism. Western Loudoun leads Virginia in industry sectors such as equine, wine grapes, berries, bees and honey, as well as value-added products like craft wine and beer. The nearly 1,300 farms operating in Loudoun support 16 CSAs (Community Supported Agriculture), 12 farmers markets and three year-round markets, making it a unique community where dirt roads lead to the information superhighway. Drawing from the best of all worlds, Loudoun supports a top-notch quality of life while providing one of the safest environments in both Virginia and of all metropolitan areas in the United States. Loudoun County offers 3,100 programs for more than 100,000 participants for adults and children ranging from the largest soccer club in Virginia, Loudoun Soccer with over 16,000 players, to Loudoun County Cricket League, which has eclipsed 1,200 annual participants. Loudoun County is the trusted home to the NFL’s Washington Redskins corporate headquarters and practice fields, as well as the new 5,000-seat D.C. United training facility, team offices and youth development academy. The stadium will be home to Loudoun United FC of the United Soccer League. The Loudoun County Parks, Recreation and Community Services facilities feature over 1,700 acres of open space, more than 60 miles of trails, 200 athletic fields, 27 parks (including three regional parks), 18 playgrounds, 10 community centers, six sports complexes. In the past year, Loudoun Parks, Recreation and Community services coordinated games, practices, camps and clinics for 57,350 adult and youth sports participants and hosted 42 national, regional and local tournaments. Organized programs and services offered in parks and recreational areas encompass childcare, preschool, after-school care, sports and recreation, community outreach, aging services, youth services, adaptive recreation, summer camp, health and fitness, and environmental stewardship. Approximately half of the Washington and Old Dominion Trail is located in Loudoun County. The 45-mile route along the former roadbed of the historical Washington & Old Dominion Railroad is a multimodal artery for visitors and commuters year-round who run, cycle, or skate to all of the interesting stops along the trail including parks, retail and breweries.

Expression of Interest for Potential Site for Headquarters Office Location | Page 18 Featuring more than 40 award-winning wineries and wine tasting rooms, over 30 craft breweries, and a handful of cideries and distilleries, Loudoun provides any means for a celebratory cheers. The “LoCo Ale Trail” offers a range of fun spaces to drink local craft brews while you explore the small towns, trails, historic sites and country roads of Loudoun County. Beyond the typical outdoor activities, our residents enjoy zip lining, skiing at nearby resorts, playing polo, riding horses, camping and more. Nature lends itself to residents’ adventurous side; the Potomac River and a number of other water options lend themselves to canoeing, rafting, tubing, hiking, rock climbing and fishing. If you like to bike, there are 347 bike paths ideal for road cyclists as well as off-road biking enthusiasts. Loudoun also has 85 miles of hiking trails along Short Hill Mountain, Potomac Heritage Trail, and Appalachian Trail to name a few.

Activities Within a Four Hour Drive Bu alo 88 Boston Massachusetts Detroit New 86 York Connecticut Providence

Toledo 79 Cleveland Rhode Island

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71 New York City Pennsylvania Ohio Pittsburgh 476 Trenton 77 Harrisburg 76 Philadelphia Columbus 70 New Jersey

Baltimore Dover Annapolis 2 Hours Delaware West Charleston 4 HoursVirginia District of Columbia Maryland ACTIVITIES KEY 64

Richmond Family Fun Atlantic Foodies Ocean 81 Virginia Norfolk Museums North Nature Lovers Carolina Greensboro Sports Enthusiasts 40 Raleigh Sun Worshipers Weekend Warriors Charlotte 85 Wine & Beer Lovers Greenville

Expression of Interest for Potential Site for Headquarters Office Location | Page 19 LOUDOUN COUNTY, VIRGINIA - THE BEST FOR BUSINESS Loudoun is the right fit: a business location that offers the essential resources critical to the success of Visa’s business growth. A multitude of factors contribute to Loudoun’s pro-business climate and first choice for Visa’s growth: • An exceptional quality of life within its borders; • Access to an unparalleled, highly-educated, skilled and diverse workforce; • Technology and talent span across the spectrum, from early exposure to talent pipeline development; • Current and future developments surrounding Visa’s property provide for access to additional housing and transportation networks. We invite Visa to say ‘yes’ to enhanced growth that is #LoudounPossible.

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