The Richmond Highway corridor is located in the southeastern portion of the county, extending from the City of Alexandria boundary south along Richmond Highway (U.S. Route 1) to Fort Belvoir. Not only does this submarket enjoy easy access to the Capitol Beltway (Interstates 95 and 495), it also contains the terminus for the Metrorail Yellow Line at Huntington.
The corridor is dominated by retail development--nearly 4 million square feet--though a little more than 1 million square feet of office space and ninex hotels with more than 1,000 rooms also are present. In addition, the Department of the Army and its contractors at 8,700-acre Fort Belvoir occupy 10 million square feet of office space on-post.
Fort Belvoir, one of the largest employers in Fairfax County and home to approximately 20,000 civilian and military personnel in nearly 100 agencies, is teh site of the second-largest action resulting from the national 2005 Base Realignment and Closure Act (BRAC). By fall 2011, BRAC is expected to bring an additional 19,000 employees to the Richmond Highway main post and stellite Fort Belvoir facilities in Springfield and the City of Alexandria. Check the Fort Belvoire Web site at www.belvoir.army.mil for more information on BRAC.
Major employers in the corridor include the Defense Contract Audit and Defense Logistics agencies, Inova Mount Vernon Hospital, the Department of the Army and USA Mobility.
This submarket also contains numerous points of historical interest and natural beauty, including Fort Hunt, Huntley Meadows Park, George Washington's Mount Vernon Estate and Gardens, the Frank Lloyd Wright-designed Pope-Leighey House, River Farm and Woodlawn Plantation.
As one of the first commercial districts in Fairfax County, the Richmond Highway corridor has its own economic development agency, the Southeast Fairfax Development Corporation (SFDC). The SFDC is a public-private nonprofit organization that helps businesses locate or expand aong the 7.5-mile section of Richmond Highway that extends from the Capitol Beltway south to Fort Belvoir. Since its inception in 1981, the SFDC has helped spur more than $1 billion in new construction, revitalization and redevelopment along the corridor. The SFDC also assists companies with marketing, economic restructuring and urban design. For additional details, contact the SFDC at 703-360-5008 or visit the SFDC Web site.
Portions of the Richmond Highway corridor have been designated as one of the seven Commercial Revitalization Districts/Areas in Fairfax County. The corridor Revitalization District is comprised of five areas: Beacon/Groveton, Hybla Valley, North Gateway, Penn Daw and Woodlawn. For additional information on the Richmond Highway Revitalization District, click here.