Economic Development Archives - Page 4 of 14

Tourism Spending in Virginia Hits Record $35 Billion; Prince William Sees More Out-of-State Visitors

Published August 8, 2025 at 9:45AM | Updated August 9, 2025 at 6:48PM

NOVA Live (formerly Farm Brew Live) just outside Manassas.

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.

Prince William

Dumfries Hears From First-Ever Economic Development Authority Candidates

By Uriah Kiser

Published July 28, 2025 at 7:00AM

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.

Prince William

Quartz District and Interchange Project Move Forward in Woodbridge: What’s Coming, What’s Delayed

By Uriah Kiser

Published July 16, 2025 at 2:30PM

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.

Manassas

Another Property Deal, Another Vague Agenda: Manassas Council to Vote on $725K Transfer

By Uriah Kiser

Published July 14, 2025 at 11:15AM

On Monday, July 14, the Manassas City Council is expected to vote on transferring $725,000 from its capital reserves to the city’s Economic Development Authority (EDA) for the purchase of another property behind the Manassas Shopping Center.

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Manassas

Big Boost for Innovation District: State Grant Launches High-Tech Hub in Manassas, Prince William

By Uriah Kiser

Published July 2, 2025 at 10:00AM

MANASSAS, Va. – Northern Virginia’s first Innovation District is officially underway, thanks to a major investment from the state.

Governor Glenn Youngkin recently announced a $2.6 million grant from GO Virginia, a state-funded initiative focused on strengthening regional economies and supporting high-wage industries. Local governments, businesses, and educational institutions will contribute an additional $1.3 million, bringing the total initial investment to $3.9 million.

Manassas

Micron, RapidFlight Mark Manassas as Rising Tech Hub

By Potomac Local News

Published June 16, 2025 at 7:30AM

MANASSAS, Va. – Senator Mark Warner visited the City of Manassas on Thursday, June 12, 2025, where he joined Mayor Michelle Davis-Younger, Vice Mayor Mark Wolfe, and City Council Members Ashley Hutson and Ralph Smith for a tour of RapidFlight, the city’s unmanned aerial vehicle (UAV) manufacturer. The visit highlighted RapidFlight’s role in national defense innovation and the city’s growing importance in advanced technology manufacturing.

The same day, Micron Technology, Inc. announced a major national investment plan totaling approximately $200 billion, including $150 billion in domestic memory manufacturing and $50 billion in research and development. The plan includes an expansion and modernization of Micron’s existing facility in Manassas, supported by a $275 million CHIPS Act direct funding award. Work at the Manassas site is expected to begin this year.

Podcast

What’s Going On in Dumfries? A Conversation with Mayor Derrrick Wood

By Potomac Local News

Published June 10, 2025 at 11:15AM

Join us for an in-depth, inspiring conversation with Mayor Derrick Wood of the Town of Dumfries, Virginia’s oldest continuously chartered town. Hosted by Uriah Kiser, publisher of Potomac Local News, this live podcast dives deep into the major transformations reshaping the town—making it a destination rather than a drive-through.

Prince William

Got Ideas for Haymarket’s Old School Property? A Big Redevelopment Is on the Table

By Potomac Local News

Published June 5, 2025 at 7:30AM

The old Pace West school building in Haymarket.

Town leaders are weighing a major redevelopment proposal that could transform the historic property at 14600 Washington Street—the former Gainesville District School building later used by PACE West—into a new residential and commercial enclave.

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Prince William

Manassas Mall Makeover: 1,000+ Apartments and Shops Coming

By Potomac Local News

Published June 4, 2025 at 2:30PM

Prince William County Supervisors on Tuesday night approved a plan to rezone more than 60 acres of the Manassas Mall property, clearing the way for more than 1,000 new apartments, commercial storefronts, and pedestrian promenades to replace large areas of underused parking lots.

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Prince William

Manassas Mall Could Get 1,000+ Apartments Under Rezoning Plan

By Potomac Local News

Published June 2, 2025 at 12:02PM

Manassas Mall at 8300 Sudley Road near Manassas.

MANASSAS, Va. – Prince William County leaders will consider a rezoning request on Tuesday, June 3, that could transform the aging Manassas Mall into a new urban-style community with more than 1,000 apartments and tens of thousands of square feet in new commercial space.

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