Just over 50 percent of homeowners in Fairfax County are part of the “baby boomer” generation, according to an analysis of census data by the George Mason University Center for Regional Analysis. Fairfax has the highest concentration of homeowners between the ages of 45 and 64, according to the report.
The concentrations of boomer homeowners tended to be in affluent areas outside the Capital Beltway, the report states, but some less affluent inner suburbs like Annandale also are dominated by boomers.
“These areas will all be challenged to attract new residents as current homeowners age and eventually leave,” researcher David E. Versel wrote in the report.
Fairfax County has just under 400,000 total households and 282,629 homeowners, according to 2010 census data cited in the report. Of those who own their homes, 141,522 households include a family member ages 45 to 64.
Science Applications International Corporation announced this week that its new spinoff business, which will be named Leidos, will have its headquarters in Reston. SAIC’s headquarters are located in Tysons Corner.
SAIC plans to split into two publicly traded companies this year. Leidos will assume the national security, health and engineering portions of SAIC’s business. SAIC will provide technical, engineering and enterprise information technology services.
SAIC signed a lease with Boston Properties for office space at One and Two Freedom Square within Reston Town Center. About 150 employees will immediately occupy the space, SAIC said, with another 450 moving in as renovations are completed.
“The selection of the headquarters location for Leidos was made after careful consideration of many options,” SAIC COO Stu Shea, future president and COO of Leidos, said in a released statement. “We did careful analysis of where employees live and also mapped out key customer locations to inform our decision.”
The team also considered quality of life, traffic patterns and potential commute times for employees, among other factors, according to SAIC’s announcement.
“Reston makes sense for Leidos — it’s easily accessible and the amenities are world class. The new facility will be more conveniently located for our employees and still gives us easy access to key customers in the area,” Shea said.