Presentation is loading. Please wait.

Presentation is loading. Please wait.

Prince William County Overview. Prince William County Snapshot Less than 20 miles from Washington, DC Access to 75% of Northern VA’s 1.6M workforce -

Similar presentations


Presentation on theme: "Prince William County Overview. Prince William County Snapshot Less than 20 miles from Washington, DC Access to 75% of Northern VA’s 1.6M workforce -"— Presentation transcript:

1 Prince William County Overview

2 Prince William County Snapshot Less than 20 miles from Washington, DC Access to 75% of Northern VA’s 1.6M workforce - within a short commute 20-minute drive from Dulles International Airport Reverse commute along two interstates I-95 & I-66 Home to Marine Corps Base Quantico Population median age of 33.5 years $98,071 Median household income Low unemployment rate – (3.8% as of September 2015) 120,825 At-place employment (as of 1 st Quarter 2015) #8 Nationwide for job growth (CNN Money 2013) Virginia’s 2 nd largest and 4 th fastest growing county 446,094 Population* 321,400

3 Excellent Mid-Atlantic location Cost competitive in the National Capital Region Existing office, flex, industrial and data center facilities Available large acreage sites for development 7 VRE commuter rail stops on two rail lines Quick access to Dulles International, Reagan National and Manassas Regional Airports Close proximity to Virginia Inland Port and I-81 I-95 corridor bookended by Marine Corps Base Quantico to the south and Ft. Belvoir to the north Centrally located to major research institutions Versatile & Cost-effective Location Options

4 Targeted Industry Sectors Life Sciences & Biotechnology Federal Agencies & Corporate Facilities Information Technology Specialized Logistics & Supply Chain Advanced Manufacturing

5 Major Companies in Prince William County

6 Recent Project Wins

7 Prince William County Testimonials “It was important for Ventech to establish a strong presence in the National Capital Region, at the center of a growing healthcare IT industry with access to a highly skilled workforce and talent pipeline. Prince William County delivers all the requirements that a growing Inc. 5000 company needs to fulfill major mission-critical programs that are of national importance.” – Herb Jones, CEO of Ventech Solutions, Inc. “The vibrant life sciences community here in Prince William County is an ideal environment for a company like Ceres Nanosciences. Our location at Innovation Park is a great fit for us because of the opportunities to collaborate directly with world leading scientists like those at George Mason University’s Center for Applied Proteomics and Molecular Medicine.” - Ross Dunlap, CEO, Ceres Nanosciences “We’re delighted to establish our North American headquarters in Prince William County. The competitive advantages are available and affordable property; access - just off Interstate 66; lower costs; which allows for higher wages to hire more qualified people - that translates to customer savings.” – Dr. Shawn Landry, Found and CEO of QBE, LLC

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

9 Prince William County Workforce Accessibility

10 George Mason University: –Largest public research university in VA –Science and Technology Campus: –Center for Applied Proteomics & Molecular Medicine Northern Virginia Community College: –55,000 SF NVCC Workforce Center –NSA Recognized Center of Academic Excellence in Information Assurance/Cyber Defense K-12 School System: –91% on time graduation rate –Ranked top 10% in the Nation Talent Pipeline “ We gain direct access to a talent pipeline of young professionals with both NOVA and GMU Science and Technology Campus nearby” -Jarrod Norton, VP, OPTiMO IT

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

12 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. Transportation Infrastructure

13 Dulles: Access to the World

14 Robust Fiber & Power Development

15 Virginia’s Power Rates

16 15.8 M sq. ft. of existing flex/industrial 1.2 M sq. ft. available Av. gross rent: 8 - $10 5,900+ acres of commercially zoned, undeveloped land Available Land and Buildings

17 Innovation Park

18 6% corporate income tax rate unchanged since 1972 Ranked #6 by Tax Foundation in State Corporate Income Tax and Sales Tax Rates (2015) Building costs in Northern Virginia are 93% of the national average State & Local taxes per $1,000 in income equal $83; $17 less than US average Virginia: Best State for Business

19 County: – Economic Development Opportunity Fund – Expedited Plan Review and 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 – Ninth lowest unionization rate in the country at 6.2% State and County Incentives

20 Prince William County Department of Economic Development PwcEconDev.org | 703.792.5500 Follow us on Twitter @PWCDED Sign-up for our Newsletter at www.PwcEconDev.org


Download ppt "Prince William County Overview. Prince William County Snapshot Less than 20 miles from Washington, DC Access to 75% of Northern VA’s 1.6M workforce -"

Similar presentations


Ads by Google