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National Landing Innovation District Industry and Economic Impact Analysis

National Landing is a dynamic, well-connected downtown located in Arlington and Alexandria, Virginia. It is one of the region’s largest mixed-use employment clusters, including the recent development of Amazon’s new HQ2 headquarters and Virginia Tech's Innovation Campus.

Cambridge Econometrics, in partnership with CIC Captains of Innovation and Arup, led the industry opportunity and economic impact analysis of the National Landing area which informed efforts between private, public and institutional parties to launch the National Landing Innovation Quarter in February 2026.

Cambridge Econometrics identified and analyzed the key technology sectors and industries for the Innovation District, and assessed the long-term market potential of these technologies and to quantify their potential impact on economic growth and real estate development in the area.

Our analysis identified three focus industries for National Landing: Cybersecurity, Advance Computing, and Defense Technology. These industries were chosen based on local employment trends, business specialization, local innovation assets, and future growth policies. The full report provides individual profiles for each industry, highlighting their competitive strengths and opportunities for innovation in National Landing.

The analysis also evaluated the future economic and fiscal impacts of establishing a National Landing Innovation District, in terms of:

  1. Jobs: Project job numbers in the study area after five to ten years.
  2. Office space: Required office space (in square feet) based on job projections and accounting for recent hybrid and work from home (WFH) trends.
  3. Property tax: Estimated property tax revenue from the additional office space stemming from job growth.
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National Landing Innovation District Industry and Economic Impact Analysis

Key findings included

National Landing currently employs over 39,000 people and establishing a successful innovation district could increase total jobs to 75,300 in 10 years – a 17% rise compared to not having the district.

The required office space to support job growth is highly sensitive to density assumptions. The analysis highlights that testing office densities that range between 225 SF/employee and 300 SF/employee has a significant impact on the amount of additional office space required and the additional tax revenue generated.
Commercial Space Demand: Post-pandemic, the demands for commercial space are further differentiated by industry based on sector specific trends in hybrid and remote work.
The success of an innovation district depends on successful implementation of special programming, business incubation, marketing, business attraction, and fostering of innovation activities above and beyond the area’s current activity.

Contact us

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Dan Hodge

Executive Vice President

t: +1 413 206 4001

e:dh@camecon.com