Navy Federal Credit Union to Invest $114.6M to Expand Campus in Virginia

by John Nelson

VIENNA, VA. — Navy Federal Credit Union plans to invest $114.6 million to expand its headquarters campus in Vienna, a city in Fairfax County. The credit union plans to add 600 employees as a result of the expansion. The investment will include a new four-story, 234,000-square-foot office building and parking deck on a 10.8-acre lot. The property will feature an elevated walkway that will connect the new building to the rest of the headquarters campus. The Fairfax County Economic Development Authority worked with the Virginia Economic Development Partnership to secure the project for Virginia. Virginia Governor Terry McAuliffe approved a $1 million grant from the Governor’s Opportunity Fund to assist Fairfax County with the project. Additional funding and services to support Navy Federal Credit Union’s employee training activities will be provided through the Virginia Jobs Investment Program.

You may also like