Fredericksburg's Attributes

Attributes of Fredericksburg

The following attributes makes Fredericksburg a great place to have a business:

  • One of the fastest-growing localities in Virginia
  • Located on the East Coast’s busiest interstate, I-95. State Route 3, U.S. 1 also run through city
  • Halfway between Richmond and Washington. 60 percent of U.S. population within 750 miles
  • Rappahannock River runs through the city, and parks and trails take advantage of this
  • Downtown train station offers Virginia Railway Express commuter service to Washington as well as Amtrak connectivity up and down the East Coast
  • Active Main Street program, Economic Development Authority
  • Robust tourism and technology incentives programs and proven ability to execute
  • Home of the University of Mary Washington
  • Outdoor opportunities abound: Trails, Rappahannock and Potomac rivers, fishing and hunting
  • Easy access to major cities, beaches, mountains
  • Within an hour of three international airports. Regional airport nearby for general aviation
  • Downtown provides center of the region, offers strong sense of place
  • Central Park and Celebrate Virginia South offer Wegmans grocery store, national retailers
  • Among lowest real estate taxes in region
  • Virginia consistently named among best places to do business
  • Unemployment rate below 5 percent
  • Mary Washington Hospital provides employment, regional healthcare solution
  • Tourism attractions focused on outdoors, heritage, culinary and the arts
  • Beautiful downtown homes and offices within easy walk of art galleries, restaurants, retail
  • Regular downtown events bring in visitors, shoppers
  • Abundant fiber provides high broadband penetration rates
  • Lower-cost real estate, labor compared with Northern Virginia
  • Less traffic, easier pace of life compared with Northern Virginia
  • Public water and sewer, natural gas, reliable electrical service from Dominion Energy
  • Highly educated workforce, many of whom want to work closer to their homes
  • Active arts community, cultural opportunities
  • Diverse housing stock
  • Numerous exciting mixed-use downtown projects in the works

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