Riverside Research will relocate its DC-based business operations to Fairfax, VA, in September 2024, as part of its strategy to centralize Northern Virginia operations and accommodate growth, the organization announced August 7. This move will merge its current facility in Arlington, VA, with its Centreville, VA, office. The new, state-of-the-art 38,707-square-foot facility in Fairfax is strategically located to sustain the company’s proximity to key government contracting and business activities.
In addition to facilities dedicated to the execution of work for Riverside Research’s customers, set in a combination of unclassified and cleared areas, this location will support Riverside Research’s Open Innovation Center (OIC), a multi-disciplinary research and development center within Riverside Research. The new location will also house its Commercial Innovation Center (CIC), an online development and test platform providing a secure, virtual, open ecosystem for commercial space related research and development.
The move to 12601 Fair Lakes Circle in Fairfax represents $14.7M in lease dollars over the next decade, with a $7.5M capital improvement investment from the company. The facility will house 55 high-tech jobs and $9.1M in overall annual salary. Additionally, the company anticipates adding an estimated 60 new high-tech jobs to this office.
Riverside Research employs more than 700 technical experts and support staff across the country. The national security nonprofit’s mission is to solve challenging and complex problems for government agencies tasked with keeping our nation safe.
“Our new, consolidated Fairfax location ensures close proximity to many of our government customers and underscores our ongoing commitment to innovation on behalf of the Department of Defense and Intelligence Community,” said Dr. Steven Omick, president and CEO of Riverside Research.
Source: Riverside Research
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