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PRINCE WILLIAM COUNTY SNAPSHOT

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Presentation on theme: "PRINCE WILLIAM COUNTY SNAPSHOT"— Presentation transcript:

1 Prince William County Federal Agencies & Corporate Facilities Presentation

2 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

3 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 commuter rail 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

4 Federal Facilities in Prince William County
Marine Corps Base Quantico – Quantico National Institutes of Health / GMU – Innovation Park US General Services Administration: Data Center - Innovation Park Undisclosed Federal Agencies - Woodbridge Federal Bureau of Investigations: DEA & FBI National Training Academy – MCB Quantico Forensic Laboratory – MCB Quantico Northern Virginia Resident Agency – Innovation Park Air Assets - Manassas Regional Airport Offices – Quantico Corporate Center Business Welcome Center – one stop shop Report to CXO & BOCS EAG provides guidance on business climate\ Other allies – VEDP, colleges & universities, hospitals, P3 partners, etc.

5 Prince William County Offers Cost Competitive Real Estate
Source: Costar

6 Workforce Accessibility

7 Prince William County – Educated Workforce
Source: Virginia Employment Commission

8 Prince William County – A Growing and Younger Population
Source: JobsEQ

9 Prince William County Offers Higher Incomes and Lower Home Prices
Source: American Community Survey, 2012

10 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.

11 Potomac Communities

12 Potomac Shores

13 Quantico Center

14 Stonebridge Town Center

15 Virginia Gateway Development

16 Heritage Hunt Development

17 Innovation Park

18 Prince William County Department of Economic Development
PwcEconDev.org | Follow us on Twitter @PWCDED Sign-up for our Newsletter at


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