The Leesburg Economic Development Commission meeting on June 4, 2025, highlighted several key developments for the town, including an upcoming event and insights into local economic trends.
One of the most notable announcements was the return of the Fox 5 Zip Trips to Leesburg. Scheduled for June 20 from 7 AM to 11 AM at Market Station, this live broadcast promises to bring excitement and community engagement. The event will feature a variety of activities and interactions, with setup beginning as early as 5 AM. Residents and visitors are encouraged to participate and enjoy the lively atmosphere.
In addition to the event announcement, the meeting also addressed economic indicators relevant to Leesburg's growth. A representative shared data from CoStar, a commercial real estate information service, revealing a significant 94% occupancy rate in the retail sector. This figure reflects a robust demand for commercial space, with 15% of retail properties currently awaiting occupancy. The discussion also touched on the industrial sector, noting the potential for new buildings and the increasing interest in flex space, which has shown a positive trend in recent years.
Overall, the meeting underscored Leesburg's vibrant community spirit and its promising economic landscape, with upcoming events and strong occupancy rates indicating a bright future for local businesses. The commission plans to continue monitoring these trends and engaging with the community to foster further development.