Highlights
What's New?
- BRAC Begins- PG Graduation Rate 85%
- ED Goals Set
- McLaren Addresses PG-Hopewell Businesses
Future Glance
- Norfolk Southern Intermodal facility in 2010
- US460 Relocation
- Fort Lee expansion
Target Industries
- Distribution & Warehouse
- Health Care
- Machinery & Equipment Manufacturing
- Metals & Related Manufacturing
- Wood Products Manufacturing
Fort Lee Funding
Governor Kaine approved $1.75 million in grants to assist PG County and the region with the expansion of Fort Lee. $250,000 will provide partial funding for the construction of a new County library and $1,500,000 will aid in improvements at the Fort Lee Sisisky Gate at Routes 144 (Temple Avenue) and 36 (Oaklawn Boulevard). The Crater Planning District Commission assisted in securing these grants.
Goals Set for Strategic Economic
Development Plan
Three basic goals guided the creation of PG’s Strategic Economic Development Plan as presented by Basile Baumann Prost & Associates of
Annapolis, MD:
1.PG County will diversify its tax base by generating 30% of its tax revenue from non-residential uses and by attracting higher quality development;
2.PG County will obtain the greatest possible return on investment for all economic development actions; and
3.PG County will generate a self-sustaining environment of investment and re-investment. The goal is to create an environment in which market forces and a positive development climate support continued quality investments.
BRAC Begins
June 26, 2007, marked the first of many groundbreakings to come at Fort Lee. The Sustainment Center of Excellence (SCoE) will
provide training for the logistics specialists and warriors at Fort Lee. Combined Arms Support Command and its branch schools will combine into a single organization, creating the new Leadership Training Center within the SCoE. At the groundbreaking ceremony, Congressman Randy Forbes identified the following financial impact Fort Lee has on its community:
-In 2006, Fort Lee paid $527M in wages to installation employees which spurred an additional $251M in wages to workers not directly employed by the base.
-Fort Lee paid $212M in other operating expenses, such as construction and utilities, generating $53M "in state and local taxes."
-Recent Virginia Employment Commission survey revealed that $1.2 billion will be generated due to BRAC actions each year between 2007 and 2013.