search.noResults

search.searching

saml.title
dataCollection.invalidEmail
note.createNoteMessage

search.noResults

search.searching

orderForm.title

orderForm.productCode
orderForm.description
orderForm.quantity
orderForm.itemPrice
orderForm.price
orderForm.totalPrice
orderForm.deliveryDetails.billingAddress
orderForm.deliveryDetails.deliveryAddress
orderForm.noItems
First Line Technology President and CEO Amit Kapoor moved his business from Fairfax County to Stafford County, reducing employee commutes and company costs.


says was 3.4 points higher than the state average.


The state’s workforce participation rate dropped to 62.9% in August, reflecting the nation’s labor shortage, so Roberts estimates the Fredericksburg region’s rate to be about 66% for the month.


Companies and site consultants some-


times view the region as being part of North- ern Virginia — but that’s not the whole story, Roberts says. Land costs and taxes are significantly lower in the Fredericksburg


area, with per capita local taxes averaging $1,639, compared with $2,978 in Northern Virginia, according to data compiled by the alliance. Buying property south of Fairfax,


Kapoor says he found land prices decreased by about 20%. He says First Line will still maintain a presence in Fairfax, but Stafford will be its primary facility. Here are some of the other major economic development projects taking place around the area:


www.VirginiaBusiness.com


Spotsylvania County


One of the biggest new employers coming to the region is a U.S. Department of Veterans Affairs outpatient clinic on a 48-acre site along U.S. Route 1. The VA expects to hire more than 300 people when construction is completed in 2023. Employment is projected to grow to 550 by 2026. Kevin Marshall, Spotsylvania’s business development manager, says the economic ripple effects of the four-story,


VIRGINIA BUSINESS | 65


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80