Greater Fredericksburg is located on the Interstate 95 corridor, midway between Washington, D.C., and Richmond, offering strategic access to East Coast and international markets, a highly educated workforce, diverse economic clusters, and a lower cost of doing business.
Fredericksburg Regional Alliance
The Fredericksburg region includes four counties (Caroline, King George, Spotsylvania, and Stafford) and the City of Fredericksburg, and is ideally located for accessibility to major cities and markets along the East Coast and the global marketplace. With a population of 338,000, the area has been designated Virginia’s fastest-growing for five consecutive years.
Situated halfway between Washington, D.C., and Virginia’s state capital in Richmond on the I-95 corridor, more than 60% of the nation’s population lives within 750 miles of the Greater Fredericksburg region.
Greater Fredericksburg is home to 180,000 workers, and a highly skilled and expanding workforce of more than 1,000,000 resides within a 40-mile commute. The region is home to the nationally ranked University of Mary Washington and two esteemed community colleges, supplying the region’s target industries of distribution and logistics, advanced manufacturing, and cybersecurity and technology with a highly skilled and educated talent pool.
Virginia has strong transport links catering for all modes of transport, access to a high-quality workforce, and an above-average level of GDP per capita, which contributes to an attractive investment environment for DHL Supply Chain’s Real Estate Solutions unit.
Carl DeLuca Head of Real Estate Americas
The abundance of natural beauty in and near the Fredericksburg region belies its convenient proximity to major metropolitan areas. A diverse landscape allows corporate partners and residents the option to choose from suburban areas, waterfront property on the Potomac and Rappahannock Rivers, rural farmland, or the vibrant City of Fredericksburg – all at affordable prices. Housing costs in the region are significantly less than in the Washington, D.C., area, and property taxes are also comparatively low.
Greater Fredericksburg’s location between the Blue Ridge Mountains to the west and the Chesapeake Bay to the east guarantees an extensive selection of recreational and cultural activities. The region is home to Lake Anna, one of Virginia’s largest lakes and a renowned state park, and is a short drive from the Atlantic Ocean.
Local dramatic performances and concerts draw rave reviews and large audiences. Fredericksburg also offers a wide assortment of specialty, craft, and antique shops, as well as dining and entertainment options in a restored, 18th-century setting.