1 / 66

Economic Development & The Comprehensive Plan

Learn about the economic development goals and initiatives in Prince William County, including attracting high-wage jobs, increasing capital investment, and promoting targeted industries such as IT and biotechnology.

acklin
Download Presentation

Economic Development & The Comprehensive Plan

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Town Hall Meeting Economic Development & The Comprehensive Plan Presented October 21, 2009 by: Martin J. Briley, Executive Director Department of Economic Development Ray Utz, Long Range Planning Planning Office Rick Canizales, Transportation Planning Department of Transportation

  2. Prince William CountyEconomic Development Strategic Plan Goal

  3. Prince William County Facts • Population: 392,900*(2Q2009, PWC DOF) *estimate • Labor force: 207,855 (August2009, Virginia Employment Commission (VEC)) • At-place employment: 99,584 (1Q2009, VEC) • Unemployment rate: 5.1%(August 2009, VEC) • Median household income: $88,724(Census Bureau, 2008 American Community Survey) • Adults with a college degree: 44%(Census Bureau, 2007 American Community Survey)

  4. Strategic Plan Charge • Attract and retain high-wage quality jobs for the County • Increase commercial capital investment in the County

  5. Services • Market Prince William County advantages to targeted industries • Work one-on-one with clients to identify sites, buildings, workforce resources, and state resources to meet location requirements • Assist existing businesses with expansion within the County • Serve as liaison with other County and state agencies and service providers

  6. Targeted Industries • Information technology • Biotechnology • Corporate facilities • Micro-electronics • Other high-tech industries • Applied research • Computer-based operations • Laboratory research & development

  7. Access to Workforce

  8. 15 30 45 60 Commuting to Prince William County 75% of Northern Virginia’s 1.2 million workers live within a 30-minute rush hour commute to the center of Prince William County

  9. Expedited Commercial Development

  10. Department of Development Services • Created by Board of County Supervisors in July 2008 to promote a culture of partnership and to streamline commercial development. New process includes: • Project manager to guide project from approval of initial site/building permits, through occupancy • Expedited site & building permits allows construction and build-out to begin within 30 days of submitted plans for targeted industry commercial projects • Expedited review & permit approval for small scale commercial projects under 7,500 sf enhances Prince William location for small-scale operations • Electronic permit process allows developers/contractors to schedule inspections online • Final Site/Subdivision Plan may be submitted immediately following BOCS approval of a Rezoning or SUP

  11. Development ServicesHighlighted Results • Customer Survey Data • 96% of customers are “Very Satisfied” with the process • 2% of customers are “Somewhat satisfied” • 1% of customers are “Somewhat Dissatisfied” • 1% of customers are “Very Dissatisfied” • Joint Occupancy Evaluation (JOE) Program • 71% of applications resolved via counter transaction and $50 fee. Previous process included $485 fee and 15-30 days

  12. Quality of Life

  13. Quality Education Prince William County Public Schools Northern Virginia Community College George Mason University – Life Sciences Campus • 2nd largest school system in VA • All high schools rank in top 6% of Newsweek/Washington Post “Challenge Index” • Specialized programs provide unique opportunities to students with aptitude and interest in concentrated area of study • One of the largest community college systems in the US with two campuses in PWC • 50% of graduates transfer to 4-year institution • Unique partnerships with local companies to provide certification and training programs for local workforce • 30,000 students pursuing graduate and undergraduate degrees • World-class research in biodefense, proteomics, genomics, and bioinformatics • Community partnerships provide Freedom Center and Hylton Performing Arts Center, Regional Biomedical Laboratory

  14. Range of Housing Options Housing Options • Gated communities • Golf course communities • Marina communities • Rural living Home Values • Affordability ratio of 2.6 • Number of homes currently on the market: less than 2,645 which is half the number of last year. • Average list price is $268,534

  15. Golf 10 public golf courses Robert Trent Jones Golf Club Golf Styles magazine “Top 100 places to play golf” Parkland 55 county parks Occoquan Bay National Wildlife Refuge Leesylvania State Park Prince William National Forest Manassas National Battlefield Park Over 150 miles of hiking, biking and running trails Equestrian friendly parks and trails Six Marinas located along the Potomac and Occoquan rivers Youth Sports Leagues Soccer  Baseball/Softball Football  Lacrosse Basketball  Track & Field Ice Hockey Recreation

  16. US Marine Corps Heritage Museum Photo: Roger Snyder

  17. Hylton Performing Arts Center State-of-the-art performance and rehearsal venues, along with support facilities, will showcase music, dance, choral and theater productions, as well as visual arts exhibits, presented by community-based arts groups. Multi-purpose meeting spaces will accommodate the conference, social and special event needs of community, business, civic and service organizations, with formal banquet seating for 300+ and reception space for over 600. 

  18. Development Areas

  19. The Shops at Stonewall • Mixed-use area • Wegman’s anchors the retail component • Golf-course residential community

  20. Madison Crescent Residential Retail Office • 43-Acre Mixed-use development to include: • 242,000 sf office • 120-room hotel & conference center • 124,000 sf retail • 144 residential townhomes • 12 live/work residences • 60 single family homes

  21. Heritage Hunt Corporate Park Virginia Gateway Hwy 29 I-66 • 28-Acre Class A Corporate Park: • 125,000 sf office space • 75,000 sf retail space • 76,000 sf office condo space

  22. Virginia Gateway Gateway Business Center • Mixed-use development to include: • 150,000 sf office • 475 residential units planned • Hotel & Conference Center • 550,000 sf retail

  23. Innovation@Prince William Technology Park Micron Forensics Lab Biomedical Research Lab George Mason University ATCC Buchanan • 41 projects announced the intent to add: • $768 million investment • 4,236 jobs • Current developers include: • ARE • Buchanan Partners • Opus East • Power Loft Data Centers • Waterford Covance Comcast FBI ProLogic Logis-Tech Progeny MediaTech Zestron Power Loft Assett Management

  24. Innovation@Prince William Technology Park ~35 acres ~76 acres ~66 acres

  25. George Mason University

  26. Town Center Concept MediaTech FBI Forensics Lab ATCC NIH/GMU BSL3 Lab Alexandria Real Estate Equities Lee Samis Covance Innovation Executive Center (Waterford Development)

  27. County Center • Mixed Use Development • 120,000 sf Class A office (60,000 complete) • 19,000 sf retail complete • 687 residential units

  28. Reid’s Prospect • 80-acre mixed use project under development • 400,000 sq. feet of planned office (32,000 sf office building in place, 15,000 sf office building under construction) • 526 planned residential units

  29. Catons Crossing • 30-acre mixed use project under development • 687 Residential Units • 63,000 sf Class A office building currently home to: • The Engineering Groupe Corporate Headquarters • Casework Genetics Headquarters and Forensics Lab

  30. Bldg 3 Bldg 2 Bldg 11 Bldg 10 Bldg 1 Bldg 9 Bldg 4 Bldg 5 Bldg 6 Bldg 7 Prince William Commons • Flex Buildings (bay size typically 40’ wide x 120’ deep) • Building 1* – 65,400 sf with 11,400 sf available at $24.50/sf • Building 2* – 50,200 sf with 9,700 sf available at $12.50/sf NNN • Building 3* – 36,000 sf fully leased • Building 4* – planned 80,700 sf with loading dock at $13.50/sf NNN • Building 5* – planned 50,400 sf with drive-in loading at $13.50/sf NNN • Building 10* – 50,600 sf with 39,258 sf available at $14.50 NNN • Building 11* – 62,900 sf with 22,977 sf available at $12.50 NNN • Office Buildings (planned) • Building 6 & 7 – 75,000 sf • Building 9 – 85,000 sf *as of 5/26/09

  31. Neabsco Common • Planned mixed-use development • 360 mulit-family units • 200,000 sf office/retail • Two hotels

  32. Potomac Communities Ospreys atBelmont Dixie Bones BBQ Taste of Tandoor Potomac Mills Mall Occoquan Bay Wildlife Refuge Veteran’s MemorialPark Multiple Chain Restaurants Thai Orchid Potomac Town Center VRE Station Prince William Forest National Park Leesylvania State Park Future VRE Station South Bridge Chain Restaurants Shopping Tim’s River Shore Dining Quantico Gateway Forest Greens Golf Course Quantico National Cemetery Golf Locust Shade Park National Museum of theMarine Corps Hotel Medal of Honor Golf Course Rt. 1 Widening Roman’s Pub

  33. Rt. 1 Woodbridge VRE Belmont Bay • Mixed use development with planned hotel, retail, and George Mason University Campus • Waterfront site for 200,000 sf office • Route 1/123 Interchange • Marine Science Museum planned • Adjacent to Dept. of Interior site

  34. Potomac Town Center • New Town Center • I-95 Interchange • 600,000 sf Retail planned/under construction • Wegman’s anchors retail center • 500,000 sf office • 500 residential units

  35. Quantico Center • Mixed-use development • 200,000 sf Office • Building I – 52,000 sf fully leased to government contractors • Building II – 52,000 sf with 9,700 sf available at $26/sf • Building III – 100,000 sf with 75,000 sf available at $26/sf • 52,000 sf Flex for sale at $265/sf or lease at $19.50/sf + electric • Building A – 16,800 sf with 2,240 sf available • Building B – 17,400 sf with 9,700 sf available • Building C – 17,400 sf with 17,400 sf available • 107 Room Hotel • 70,000 sf Retail Flex Buildings I-95 Office Buildings Hotel US Hwy 234 retail

  36. Quantico Gateway Three office buildings totaling 120,000 sf • Building I occupied by government contractor and federal agencies • Building II partially occupied by United Mineworkers of America • Pad site for Building III • (40,000 sf office) is construction-ready • Located 0.7 miles from Quantico Marine Corps Base’s front gate

  37. Marine Corps Base Quantico US Marine Corps • Marine Corps Intelligence Activity (MCIA) • Headquarters and Service Battalion • Marine Corps Officer Candidacy School FBI • FBI Training Academy • FBI Forensic Laboratory Drug Enforcement Administration • Training Academy

  38. Target Markets

  39. Life Sciences in Prince William County Prince William Advantages • Life science cluster anchored by cutting-edge research university • Forensic Science & Criminal Justice cluster anchored by FBI Northern Virginia Resident Agency & Virginia Department of Forensic Science Northern Laboratory • Access to highly skilled, highly educated workforce Announced Projects (through Sep 2009): • 14 announcements • $352.6 mm investment • 1,000,000 sf • 1,250 jobs • $90,000,000 annual payroll

  40. Data Center Market Prince William Advantages • Tax savings • Redundant power supply • Multiple fiber providers • Secure sites Announced Projects (through Sep 2009): • 7 announcements • $1.5 billion investment • 300 new jobs

  41. Federal Agencies & Contractors Prince William Advantages • Access to Federal facilities & Prime contractors • Secure location • Expedited Commercial Development • Access to employees Announced Projects (through Sep 2009): • 70 announcements • $313 million investment • 3,000 new jobs

  42. Status of Announcements1997 - 2008

  43. Project Locations in County 305 Announced Projects to Date • 12% of announced projects selected an Innovation location • 88% of announced projects selected a PWC location outside of Innovation • Generated 79% of $3.2B in investment • Created 81% of 14,097 jobs

  44. Small Scale Projects Large Scale Projects Project Analysis by Scale Large Scale Projects Small Scale Projects 60% of announcements were small-scale projects (25 jobs or fewer) • Represents 28% of announced capital investment • Represents 13% of announced jobs Investment Comparison Jobs Comparison

  45. Benchmarking Regional Investment (2004-2008) During the five-year timeframe, VEDP recognized $2.5 billion announced investment in Northern Virginia Counties; Prince William County announcements account for $1.1 billion of this $2.5 billion.

  46. Land Use

  47. Land Use Update Purpose – Smart Growth • Mix land uses (with an emphasis on commercial development) • Compact building design • Range of housing opportunities and choices • Walkable neighborhoods • Distinctive, attractive communities with a strong sense of place • Preserve open space, farmland, natural beauty, and critical environmental areas • Direct development toward existing communities • Variety of multi-modal transportation choices • Development decisions predictable, fair, and cost effective • Community and stakeholder collaboration

  48. Mixed Use Districts – REC, RCC, CEC

  49. Centers of Commerce and Centers of Community

  50. LUAC Recommendations - Centers of Commerce • North Woodbridge • Caton Hill • Potomac Mills • Quantico Creek • Wellington • Gainesville

More Related