1. Prince William County – Specialized Logistics & Supply Chain Briefing
Staff Contact:
Adam J. Henry
Business Development Manager
Prince William County Department of Economic Development
(703) |
Presentation Updated: July 26, 2016

2. 5 of the top 10 U.S. Metropolitan Areas
Prince William County: Access to US Markets
Prince William County is within a day’s drive of
5 of the top 10 U.S. Metropolitan Areas

3. Transportation Infrastructure
Two interstates, multiple 4-lane arterials, CSX and Norfolk Southern mainlines, and Dulles International offer companies in PWC fast access to markets, workforce and the world.

4. PRINCE WILLIAM COUNTY SNAPSHOT
Less than 20 miles from Washington, DC
Virginia’s 2nd largest and 4th fastest growing County
75% of Northern Virginia 1.5M workforce live within a minute commute
2 Interstates - I-95 and I-66
7 commuter rail stops on two rail lines
Access to 3 major airports; Dulles International Airport is within a 20-minute drive
6 higher education campuses and close to over 40 colleges and universities
33.7 years median population age
122,450 at-place employment (as of 1Q2016)
3.5% unemployment rate; 1.6% lower than the national unemployment rate (as of 2Q2016)
Median household income of $98,514
Home to the FBI Northern Virginia Resident Agency and Marine Corps Base Quantico
AAA bond rating from all 3 rating agencies; held by only 1.5% of all US counties.
443,463
Population*
33% est. population growth by 2045**
42%
323,400
Updated: September 2016

5. Versatile & Cost-effective Location Options
Cost competitive in the National Capital Region
Existing office, flex, industrial and data center facilities
Available large acreage sites for development
Redevelopment opportunities along I-95 corridor and in Innovation Park
7 VRE stops on two rail lines
Quick access to Dulles International, Reagan National and Manassas Regional Airports
I-95 corridor bookended by Marine Corps Base Quantico to the south and Ft. Belvoir to the north

6. Median Household Income
Prince William County Workforce Accessibility
Location
Population
Workforce
Median Household Income
Virginia
8,326,289
3,907,100
$64,902
Washington-Arlington-Alexandria, DC-VA-MD-WV Metro Area
6,097,684
3,305,790
$91,193
Prince William County, Virginia
446,094
123,292
$92,104

7. Prince William County Workforce Profile
Labor Force Participation Rate:
Armed Forces Veterans and Labor Force:
Other Workforce Profile Statistics:
Prince William Co
Virginia
United States
72.9%
64.8%
63.5%
Prince William Co
Virginia
Veterans, Age 18-64
12.0% (32,114)
9.1% (470,379)
Armed Forces Labor
2.0% (6,330)
1.7% (108,658)
PWC VA
USA
Poverty Level (of all people)
6.5%
11.5%
15.6%
Annual Average Wage (Transportation Occupations)
$33,400
$34,800
$34,900
Union Membership
7.4%
5.4%
11.1%
Median Age (Years)
33.5
37.5
37.2

8. Dulles: Access to the World
3rd largest Trans-Atlantic hub on east coast
77 non-stop domestic destinations and 49 non-stop international destinations
21.6 million passengers and million lbs. of freight (2015)
International Air Cargo providers include:
Lufthansa, United, British Airways, Korean Air Lines, Qatar, & ANA

9. Dulles: Access to the World

10. Virginia Inland Port
Five-day-a-week rail service between VIP and the Port of Virginia marine terminals
Within 1 mile of I-66 and within 5 miles of I-81
Approximately 40 miles from Prince William County

11. Logistics Companies in Prince William County

12. 15.8 M sq. ft. of existing flex/industrial 1.2 M sq. ft. available
Available Land and Buildings
15.8 M sq. ft. of existing flex/industrial
1.2 M sq. ft. available
Ave gross rent: $8 - $10
5,900+ acres of commercially zoned, undeveloped land

13. Prince William County Offers Cost Competitive Real Estate
Source: Costar

14. Competitive Industrial Power Rates in Virginia

15. State and County Incentives
Economic Development Opportunity Fund
Expedited Plan Review and Site Plan Fee Reduction
State:
Commonwealth Opportunity Fund
Virginia Job Investment Program
Virginia Economic Development Incentive Grant
Corporate Income Tax Credits
Virginia is a Right to Work State:
Overall Union Membership Rate 5.4%
Private Sector Union Membership Rate 3.1%

16. Fast-Track Permitting for Targeted Projects
Reduced Site Fees
50% reduction in site fees available for eligible projects.
Fast-track permitting
Priority status ensures site plan and building plan reviews are expedited.
Dedicated Project Manager
A project manager is assigned by development services to guide you through the County’s development processes and assist you with your project needs.
More than simply a liaison or point-of-contact, your project manager integrates the efforts of your team and the County’s team with the shared goal of a successfully completed project.
NOTE: Not all projects will be eligible for fast-track permitting. Targeted Status is awarded at the discretion of the Department of Economic Development and the Board of County Supervisors based on board-adopted eligibility guidelines.

17. Prince William County Department of Economic Development
13575 Heathcote Boulevard, Suite 240 | Gainesville, VA 20155
PwcEconDev.org |
Adam J. Henry, Business Development Manager
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