Developers

cranes_thumbnailThe City of Falls Church welcomes you as a potential developer in our little city! 

If you are interested in learning about land assembly opportunities, please contact our Business Development Manager, Becky Witsman 703-248-5224.
Choose Falls Church City

Location
The City of Falls Church is an oasis of small town charm in the heart of the metro Washington DC area; giving residents and businesses the best of both worlds. The city is only 2.2 square miles, making it a true urban village with a strong sense of community.

The city is conveniently located just six miles from Washington, DC and four miles from Tysons Corner, VA. Falls Church is easily access by Routes 66 and 50, the East Falls Church (Orange and Silver Lines) and West Falls Church (Orange Line) Metro Stations, and by a number of bus routes.

Live and Work
CFCSign The City of Falls Church is an excellent place to locate. Boasting some of the best schools in the nation, the city has long attracted residents who are choosing to both live and work in Falls Church. The city is known for its community, quality customer service, environmental activism, and endless community activities, including a famous year-round farmers market.

Committed to You
The City of Falls is dedicated to economic vitality. The Economic Development Office (EDO) works with businesses, site selectors, developers, and brokers as a “one stop shop” for resources and information. We will be your liaison and ombudsman with city departments and commissions for business needs. One of the benefits of working in a small city is that our government departments are accessible. With the EDO as your contact, we are here to answer your questions and link you to appropriate staff.
Incentives include the following:

Commercial Property Rehabilitation Tax Abatement Program
If you are the owner of a commercial building that is at least 20 years old, located in the City of Falls Church, and you are planning to make improvements to the building that will increase its value by at least 50%, you may qualify for an abatement of property taxes on the value of your investment.

The program is administered by the city's Real Estate Assessment Office. Email the assessor's staff or call them at 703-248-5022. The office is located at:
300 Park Avenue
Suite 104 W
Falls Church, VA 22046

View the Commercial Property Rehab Information/Application (PDF) for a more complete description of the program.

Industrial Revenue Bonds (IRBs)

The Economic Development Authority (EDA) has the legislative authority to issue private activity tax-exempt bonds to finance the acquisition of land, buildings, or new capital equipment for businesses. These tax-exempt revenue bonds are only available by filling out an application (PDF) to 501(c)(3) nonprofit organizations and manufacturing facilities located in the City of Falls Church that meet the qualifications and restrictions defined in the Federal Tax Code. The availability of this tax benefit generally results in a lower interest rate for the user of the borrowed funds.

The EDA itself does not provide any funds for the financing of facilities. It is the applicant's responsibility to locate a funding source by applying directly to financial institutions or by using the services of an underwriter. The EDA cannot guarantee that the bonds it issues qualify for tax exemption under the Internal Revenue Code.

All applicants should first seek counsel from a professional accountant and an attorney specializing in bond counsel. The EDA does not render tax advice or opinions to applicants.