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Business
Prince William County’s Department of Economic Development announced a year of record achievement in 2020 with the completion of 40 projects, expected to add $2.4 billion in capital investment and 1,531 new jobs to the county.
With 29 new business attractions, eight expansions of existing businesses, and three business retentions, 99% of the new jobs will be in a range of industry sectors targeted by the county, including life sciences and biotechnology, IT, data centers, advanced manufacturing, federal contracting and distribution.
Merritt at Austin Ridge will offer five single-story buildings ranging from 54,500 to 113,775 square feet, totaling 390,075 square feet of new flex light industrial space in Stafford County. Located at Interstate-95 Exit 140 (Courthouse Road), the new business park represents Merritt’s second “spec” investment along Stafford’s I-95 corridor.
Merritt Properties, a successful, full-service commercial real estate developer with over 17 million square feet of space throughout Maryland, North Carolina, and Virginia has successfully closed and acquired 28 acres of land to develop the new business park.
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United Bank, the largest community bank headquartered in the D.C. Metro region, recently moved its Battlefield Branch to a new facility near Manassas, at 8323 Sudley Road. The former branch premises, located at 10830 Balls Ford Road, has permanently closed.
All customer accounts and safety deposit boxes were seamlessly consolidated and moved to the new location automatically in November 2020. Throughout the transition and after, United Bank remained committed to providing excellence in service to customers and the Manassas/Prince William community.
The Mason Small Business Development Center continues to support the growth and development of small businesses by offering a variety of dynamic webinars designed to help achieve your company goals.
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