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Prince William County – Specialized Logistics & Supply Chain Briefing Presented By: Prince William County Department of Economic Development www.pwcecondev.org
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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
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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
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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 – (4.6% as of May 2015) 120,921 At-place employment (as of 4 th Quarter 2014) #8 Nationwide for job growth (CNN Money 2013) Virginia’s 2 nd largest and 4 th fastest growing county 446,094 Population* 321,400
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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 Versatile & Cost-effective Location Options
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3 rd largest Trans-Atlantic hub on east coast 79 non-stop domestic destinations and 46 non-stop international destinations 21.5 million passengers and 565.2 million lbs. of freight (2014) International Air Cargo providers include: – Lufthansa, United, British Airways, Korean Air Lines, Qatar, & ANA Dulles: Access to the World
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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
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Logistics Companies in Prince William County
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Prince William County Workforce Accessibility
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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 Available Land and Buildings
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Prince William County Offers Cost Competitive Real Estate Source: Costar
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Virginia’s Power Rates
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County: – Economic Development Opportunity Fund – Expedited Plan Review and Fee Reduction State: – Governors Opportunity Fund – Virginia Job Investment Program – Virginia Economic Development Incentive Grant – Corporate Income Tax Credits VA is a Right to Work State: – Third lowest unionization rate in the US. State and County Incentives
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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. 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.
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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
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