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VICTORY CENTER, TSA and WHAT IT MEANS FOR EISENHOWER WEST JONES LANG LASALLE CITY OF ALEXANDRIA ALEXANDRIA ECONOMIC DEVELOPMENT PARTNERSHIP September 11,

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Presentation on theme: "VICTORY CENTER, TSA and WHAT IT MEANS FOR EISENHOWER WEST JONES LANG LASALLE CITY OF ALEXANDRIA ALEXANDRIA ECONOMIC DEVELOPMENT PARTNERSHIP September 11,"— Presentation transcript:

1 VICTORY CENTER, TSA and WHAT IT MEANS FOR EISENHOWER WEST JONES LANG LASALLE CITY OF ALEXANDRIA ALEXANDRIA ECONOMIC DEVELOPMENT PARTNERSHIP September 11, 2015

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4 NSF ECONOMIC & FISCAL IMPACTS City’s investment of $23M in real estate tax abatement will produce: 2,100 new NSF jobs 1,800 new indirect jobs 30,000 annual visitors to NSF offices 90,000 hotel room nights per year $83 million annual addition to the City economy $51 million net new tax revenues to City over 15 years

5 Office, Hotel and Multi-Family Residential on Metro CARLYLE AND EISENHOWER AVENUECARLYLE AND EISENHOWER AVENUE

6 Available and patiently waiting for a tenant since 2005 VICTORYCENTERVICTORYCENTER

7 ANOTHER FEDERAL ANCHOR IN 2017 640,000 SF office lease - 140,000 SF of which is new construction Technology and meeting center, with broadcast studio New parking garage and retail space on site

8 TSA ECONOMIC & FISCAL IMPACTSTSA ECONOMIC & FISCAL IMPACTS City’s investment of $23M in real estate tax abatement will produce: Catalyst for new development & investment in Eisenhower West Decreases Alexandria’s office vacancy rate by 3% 3,800 new TSA jobs $16 million annual addition to the City economy Injection of riders to the Van Dorn Metro Station

9 TSA’S NEW HOME - CIRCA 2017

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11 VICTORY CENTER, TSA and WHAT IT MEANS FOR EISENHOWER WEST JONES LANG LASALLE CITY OF ALEXANDRIA ALEXANDRIA ECONOMIC DEVELOPMENT PARTNERSHIP September 11, 2015


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