We need to review our economic development efforts to ensure we are in a position to actively engage in economic development. To go out and try to attract the type of development that meets our goals instead of waiting to see what comes to us. Such efforts must also compliment Fredericksburg’s unique historic character. As this region continues to grow, the city’s historic character becomes more attractive to businesses and tourists.
What Has Been Accomplished:
Worked on initial incentives plan focused more on business recruitment.
Worked on the incentives package for Wegman’s, Capital Ale, and Bavarian Chef.
Involved in drafting MOU with Silver Cos establishing development guidelines for Celebrate VA to protect the river view shed, encourage pedestrian access, and protect sensitive areas along the river.
The Next Four Years:
Ensure that incentives diversify the tax base. In the case of our historic downtown, we should support businesses that are compatible with its character.
Work actively with the local business/educational community to identify business opportunities and infrastructure issues that need to be addressed.
Be open to working with our regional neighbors on economic development opportunities to include revenue sharing and joint investment.
Make our historic sites more interactive by taking advantage of technology.