August 17, 2017
Your Weekly Updates
The Fredericksburg Department of Economic Development and Tourism is excited to bring you Fred Focus, a weekly newsletter that will go out every Thursday. Fred Focus will keep you up-to-date on upcoming Fredericksburg events as well as business information. Enjoy!
Summer is ending, but the fun is beginning

The events in this edition of Fred Focus are one-of-a-kind.  As August ends and September begins there won't be a lack of entertainment in Fredericksburg.  A Welsh, Virginia cider, fairy and book festival are just a few things to look forward to as the season winds down.  A Pizzapolooza sounds delicious to us, how about you?  Join a walk or run to work off those calories.

We are working to save our HUBZone tracts

An effort is under way to help communities that are scheduled to lose their HUBZone status as of January 1.  Legislation is pending in Congress that would allow communities in that situation to extend their eligibility by an additional four years.  Unless such legislation is passed, three of the City of Fredericksburg's six Census tracts will no longer be eligible for the the HUBZone Program.  (Although plenty of great office properties remain in the three Census tracts that will retain their HUBZone status).  For more information contact Angela Freeman.  

Learn More (Save Our HUBZone)
Fredericksburg businesses make the Inc. 5000 2017 list

This year's Inc. 5000 list of the fastest-growing private companies in America includes one Fredericksburg-based company, ILM Corporation, and one company that plans to soon move to Fredericksburg, IST Research. Congratulations to IST, ILM and the rest of the companies on the list.

Read On (
Mary Washington Hospital (MWH) does it again

MWH is no stranger to earning various high medical rankings.  This time they are the second-best hospital in the Washington metro area according to U.S. News & World Report 2017-18 "Best Hospitals".  You have once again made your city proud.  Congratulations to the physicians, nurses and staff at MWH! 

Read On (
Freehling traveled downstairs to find new merchandise in the Visitor Center 

Bill took 20 steps to find what he was looking for in his latest video.  Residents and visitors have many new retail items to pick from in our Visitor Center to commemorate their visit to our city or find a unique gift.  

Giant Food renews lease

The renovated Giant Food will remain in the Eagle Village mixed-use development along Jefferson Davis Highway.  This location is a main source of products for our citizens and the students who attend the University of Mary Washington.  

Ratio Group opens downtown

Ratio Group is a great new business opening at 710 Kenmore Ave., Suite 240.  It is the first "techfusion center" to pick Fredericksburg as its home.  Ratio Group connects local businesses and Silicon Valley-based technology inventors with government contracts. 

A glimpse of Southern Brazil will locate at 919 Caroline St., Curitiba Art Cafe

Curitiba comes to Fredericksburg by way of Ana Robinson, who is from the capital and largest city of the Brazilian state of ParanĂ¡.  She and her husband, Frank Robinson, decided it was time for our city to behold Brazilian wood furniture and art.  While browsing through their retail items you can enjoy a cup of coffee or wine.  A performance space is also planned for the location. 

Read On (
William Street corridor welcomes a new owner and chef  

Blake and Aby Bethem will sell Bistro Bethem, located at 309 William St., to Jacqueline Hartman. But you won't have to look too far for the Bethems -- they will continue to own and operate Vivify Burger and Lounge just across the street. Ms. Hartman plans on renovating and opening her restaurant for lunch and dinner. We will have to wait for the name and concept so stay tuned to Fred Focus.

Read On (
Economic Development Breakfast 

Please join the Department of Economic Development and Tourism to learn more about the revised plans for Liberty Place, improvements coming to Interstate 95 in Fredericksburg and the ample activity at Central Park Corporate Center on Wednesday, September 6th.  Contact Amy Peregoy for more information.

Agenda & Learn More
Fredericksburg Area Association of REALTORS (FAAR) releases July housing market statistics

FAAR reported steady increases in sold volume, price and units sold in Fredericksburg. 

Property of the Week - 1731 Carl D. Silver Pkwy. (Former hhgregg)

Located at I-95 and Route 3 in Central Park Shopping Center - a 2.5 Million SF retail power center that boasts an established daytime population of more than 64,571 which includes employees from the 108,000 s.f. of office space within the center and other business near Central Park.  This property includes pylon signage located on Plank Road at signalized intersection with 86,000 VPD.  It is part of a dense trade area drawing from the Fredericksburg market and six surrounding counties.  The new tenant will join DSW, Target, Best Buy, Wal-Mart, Kohl's, Old Navy, Hobby Lobby, Lowes, buybuy Baby, Barnes & Noble, Party City, Five Below and more national retailers.   

Property Flyer
Coldwell Banker Commercial Elite Market Update

The second quarter of 2017 Fredericksburg market reports have been released by Coldwell Bank Commercial Elite.

City Business News Briefing

Learn more and stay informed on city business items from this week.

City of Fredericksburg | Economic Development & Tourism | 
540.372.1216 |

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