Newsletter

More Businesses Opening in Vienna Than Closing

Despite a large number of vacancies on Maple Avenue and some recent high profile closures, the Town of Vienna’s Finance Department says twice as many businesses are opening in the town compared to those closing.

Last year, 115 businesses opened and 65 closed, the finance department said, in response to an inquiry from Tysons Reporter.

It’s an optimistic note for a town that, economically, could really use a win.

Last year, Vienna’s commercial vacancy rate was 13 percent. Of the town’s 1,095 commercial properties, 138 were vacant and 68 were on Maple Avenue, according to InsideNova.

But it’s businesses off of Maple Avenue that are being hit the hardest by increasing rents and declining sales. Peggy James, executive director of the Vienna Business Association, said a combination of increasing rents and limited parking availability are making it hard for local businesses to stay afloat.

The Town is taking some steps to make commercial businesses in Vienna more viable, including a plan in the town budget to hire a full-time economic development consultant to focus specifically on ways to make life easier for businesses. Vienna is currently the only Northern Virginia locality without staff tasked specifically with economic development.

In the meantime, here’s a look at some of the more recent businesses to open in Vienna:

Recent Stories

A duck takes a bath in Royal Lake near Burke (staff photo by Angela Woolsey) The weekend is almost here. Before you double check your Congressional district or head to…

McLean High School physics/astronomy teacher Jeff Brocketti on “Wheel of Fortune” (courtesy Eric McCandless/Wheel of Fortune®/© 2022 Califon Productions, Inc. ARR) McLean High School teacher Jeffrey Brocketti can’t wait to…

> Read the comments…

Morning Notes

Lake Audubon from bridge in Reston (photo by Ray Copson) Reminder: Early Voting Begins — “[It’s] the first day to #voteearly in the congressional #midterms! The 8th, 10th & 11th…

×

Subscribe to our mailing list