The Garrison ®
JOIN REGAL THEATRES AND STARBUCKS
This mixed-use project will feature a 12-screen movie theater by Regal Entertainment Group. The 50,539 square-foot theater will have a lounge, recliner seating and the ability to show traditional and 3D films on every screen. The first phase will include three pad site locations, including a Starbucks. There will be apartments and many other dining and retail options along the main street corridor.
Future phases will include additional apartments, retail (including a grocery store) and office space.
About This Property:BACK TO TOP
The Pence Group obtained a re-zoning of a land portion of this 57-Acre Property on October 20, 2015 to a P-TND designation permitting a mixed-used development. The P-TND re-classification allows construction of up to 500,000 square feet of commercial space (retail and office) and 453 multi-family residential units. Separate applications for Conditional Use Permits (CPU) are approved permitting a gas service station use and a drive-through bank.
WHY LEASE IN STAFFORD, VA?
Stafford County consistently ranks in the top 20 wealthiest localities in the USA with a median household Income of $100,226 (ESRI) and is currently the 20th wealthiest county in the USA (U.S. Census Bureau).
Population Growth: The 7th wealthiest county in Virginia and annual growth rate roughly 2% (out-paces region) population 147,000 + millennials = 13%.
At-Place Employment: Leads Virginia in growth – growing 2.6% annually (’09-’14).
Interstate Daily Travelers: I-95 has over 137,000 cars per day. Extraordinary interstate access (5 exits w/ 60,000 ADT).
Highly Educated: 60% of the population has a bachelor’s degree or higher (or military equivalent).
Home Ownership: 78.3%, median housing value = $341,100. Thousands of residential units in the pipeline.
Stafford is the home to Quantico Marine Corp Base (QMCB) which as of 2018…
Employs more than 25,000 civilian and military personnel.
On-site personnel grows 3.1%/year and civilian personnel grows at a 1.6% rate.
Has 1562 permanent housing units (1,137 family housing units, 335 for officers and 782 for enlisted units)
Demographic Profile Summary:BACK TO TOP
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