Economic Development Archives - Page 14 of 17

Published January 29, 2024 at 11:46AM | Updated February 6, 2024 at 9:24PM

Best Buy at 1455 Stafford Market Place in North Stafford [Photo: Mary Davidson]

The Stafford Best Buy originally opened in 2008, marking a milestone for the county. Residents had long desired additional retail options closer to home, reducing the necessity of traveling to neighboring areas. However, changing consumer habits driven by the prevalence of online shopping have contributed to the store’s closure.

The closure is seen as a setback for the county, where residents consistently desire more shopping and entertainment destinations. The news comes amidst ongoing anticipation for developments like The Garrison, a 57-acre property acquired by Reston-based developer Pence Group in 2015. The original plans for The Garrison included 500,000 square feet of commercial space, over 400 residential units, a 12-screen Regal Cinemas, new restaurants, and apartment homes.

News

Manassas reports success stories in attracting high-tech businesses, revitalizing commercial corridors

By Uriah Kiser

Published January 24, 2024 at 10:00AM

On Monday, Jan. 22, 2024, Manassas City Economic Development Director Patrick Small I presented an overview of the city’s economic indicators and development projects. The presentation covered various metrics, including population growth, median household incomes, housing values, and the labor force.

Small highlighted the city’s success in attracting and retaining businesses, pointing out the positive trends in property values and employment. The unemployment rate, below the state and national averages, indicated a healthy job market in the city.

Features

Fredericksburg Tourism Revamp: Visitor’s center, economic development office relocate for modernization, collaboration

By Mike Salmon

Published January 23, 2024 at 10:55AM

The current center is full of Fredericksburg maps, hats and sweatshirts. [Photo: Mike Salmon]

The city’s Visitor’s Center and the Department of Economic Development and Tourism office are being relocated to modernize Fredericksburg’s tourism industry and make destinations accessible to all.

The new office, at 601 Caroline Street, is across from the current center and one block south. It is a more modern building with more of the infrastructure the city departments need.

Features

Stafford’s new marketing campaign sticks out

By Kelly Sienkowski

Published January 8, 2024 at 9:00AM

Stafford Tourism has launched a new marketing campaign, one they hope will stick with visitors. The December Christmas Tree Lighting event marked the beginning of “Stick to Stafford.”

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Prince William

Dumfries’ future: Town Council to crack open comprehensive plan

By Uriah Kiser

Published December 22, 2023 at 9:37AM | Updated December 23, 2023 at 10:20AM

Dumfries is Virginia's oldest continually chartered town.

The Dumfries Town Council will begin updating the town’s comprehensive plan.

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Business

7-Eleven opens near Stafford Hospital

By Amelia Breeden

Published December 13, 2023 at 8:35AM

Stafford Economic Development: “Congratulations to 7-Eleven for the grand opening of their newest store in Stafford.”

The new store sits at Route 1 and Hospital Center Boulevard, near Stafford Hospital.

Will a boutique hotel replace the demolished Olde Town Inn?

By Amelia Breeden

Published November 30, 2023 at 9:27AM

The once standing, Olde Town Inn, has been completely cleared out earlier this week. Located in the heart of Old Town Manassas, the Inn originally stood at 9403 Main Street, Manassas City Center.

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News

Fredericksburg seeks more sporting tourism events

By Amelia Breeden

Published November 28, 2023 at 10:52AM

Fredericksburg City Hall

City of Fredericksburg: “The City of Fredericksburg, the Fredericksburg Economic Development Authority (EDA) and the University of Mary Washington’s (UMW) Athletics Department are partnering to bring in more sports tourism events and drive room nights to city hotels.”

“Fredericksburg City Council in this fiscal year’s budget allocated $100,000 to the Fredericksburg EDA to be used for sports tourism development. Some of those funds have been put toward a new agreement with UMW that is expected to boost sports tourism-related revenue for the City. For every hotel room booked in the City of Fredericksburg due to a UMW athletics event, UMW Athletics will receive $10 per room, per night from the EDA. The agreement also includes a $5,000 sponsorship that will allow the City of Fredericksburg’s tourism office to have more visibility with incoming athletic groups, and provide other marketing opportunities.”