“New Commercial Space Facilitates Job Growth”

from Prince William County Reports published by the Prince William Board of County Supervisors

Winter 2012 p. 3

“Six new commercial buildings totaling more than 323,000 square feet, were completed in Prince William County during 2011 [as published]; and we are at the lowest commercial vacancy rate in the past three years, according to the most recent data. Prince William County was recently rated number one in Virginia and number three in the United States for job growth by the U.S. Bureau of Labor Statistics. Keeping the County working and growing is one of the Board of County Supervisors’ goals. To do this, the County’s Economic Development Department has been working hard to bring new business to the County, and has had great success seeing new products come online for the growing job market. The following is a list of new office and industrial buildings that were established in 2011.

•   “Three new office buildings were built on the eastern side of the county totaling 124,508 square feet.

•   “Town Center Professional Building was completed in Woodbridge, which fills the need for medical, dental and professional office jobs in the vicinity of Sentara Potomac Hospital.

•  “Reid’s Prospect, a mixed-use development located off Prince William Parkway adjacent to the County Government Complex, completed its third office building to bring its total office space to 80,000 square feet. The newest building provided the space needed to attract Land Design Consultants corporate headquarters.

•   “Across the street from Reid’s prospect, the new Bayview Professional Building was completed to provide 23,537 square feet of new office space to serve the growing medical professional job sector.

•   “A new 124,800 square-foot industrial warehouse building was brought online near the Manassas Regional Airport. It provides a new home for a major distribution center in the county.

•   “In Innovation Technology Park, a new 45,000 square-foot, class A office building is going up, and a sister building is planned for future development. Also, George Mason University has begun construction on two new buildings for its growing campus. The first will be adjacent to Discovery Hall and provide laboratory space for the university’s dynamic life science research. The second building will be located near the Hylton Performing Arts Center and provide ground floor retail and upper level graduate residential housing.”