
Economic Development


This article is exclusively for our Locals Only members. Please Sign In or upgrade to become a Locals Only Member today!
Your support helps us continue delivering more in-depth community news that matters to you. Thank you.

This article is exclusively for our Locals Only members. Please Sign In or upgrade to become a Locals Only Member today!
Your support helps us continue delivering more in-depth community news that matters to you. Thank you.

This article is exclusively for our Locals Only members. Please Sign In or upgrade to become a Locals Only Member today!
Your support helps us continue delivering more in-depth community news that matters to you. Thank you.

This article is exclusively for our Locals Only members. Please Sign In or upgrade to become a Locals Only Member today!
Your support helps us continue delivering more in-depth community news that matters to you. Thank you.

FREDERICKSBURG — For the first time, the George Washington Regional Commission (GWRC) is creating a comprehensive economic development plan for Planning District 16 — and it wants to hear directly from the community.
GWRC, which serves Caroline, King George, Spotsylvania, and Stafford counties, as well as the City of Fredericksburg, has launched an online survey to help shape a Comprehensive Economic Development Strategy (CEDS). The initiative is funded by a grant from the U.S. Economic Development Administration and facilitated by GWRC’s consultant, RKG Associates, Inc.
Tourism Spending in Virginia Hits Record $35 Billion; Prince William Sees More Out-of-State Visitors

PRINCE WILLIAM COUNTY, Va. – Virginia welcomed more visitors and more tourism dollars in 2024 than ever before, generating a record $35.1 billion in spending, Governor Glenn Youngkin and the Virginia Tourism Corporation announced this week. That’s up 5.4% from $33.3 billion in 2023 and marked the first time overnight visitation surpassed pre-pandemic levels. More than one million additional overnight visitors came to the Commonwealth in 2024 — a total of 44.7 million people.
Statewide, travelers spent an average of $96 million per day, up from $91 million the year before. Tourism supported more than 229,000 jobs in 2024, nearly 5,000 more than in 2023, and generated $2.5 billion in state and local tax revenue. Officials say that amounts to $990 in annual savings for each Virginia household.

DUMFRIES, Va. – Dumfries Town Council heard from a group of community leaders, entrepreneurs, and development experts during its July 1, 2025, meeting — each vying for a seat on the town’s newly created Economic Development Authority (EDA).
The EDA, formally established in April by ordinance, will operate as an independent legal entity tasked with helping the town attract new businesses, support existing ones, and guide redevelopment along key corridors such as Main Street and the Quantico Creek waterfront. While the Council retains appointment power and oversight, the authority’s independence will allow it to pursue economic growth strategies more flexibly than town government alone.

WOODBRIDGE, Va. – A new walkable community featuring more than 1,000 homes, restaurants, and Prince William County’s first Whole Foods Market is moving closer to reality at one of the region’s busiest intersections.
Over 100 people attended a community meeting at the Prince William County Government Center in Woodbridge on Saturday, July 12, where county officials and developers shared updated timelines and new design details for the Quartz District, a long-planned mixed-use development located at the intersection of Minnieville Road and Prince William Parkway. But the project’s future hinges on the construction of a Single Point Urban Interchange (SPUI)—a first for the county.
