The Department of Economic Development is tasked with successfully overseeing redevelopment of targeted properties to their highest and best use. Here you’ll find summaries of recent projects. Additionally, the Department of Community Services provides quarterly reports on development activity and pending land use cases, which you can find HERE.

The Landing at Cannon Branch

Buchanan Partners is the City’s master development partner for The Landing at Cannon Branch (formerly Manassas Gateway). The City-owned 40-acre, mixed-use development will include 274 luxury townhomes, 250,000 square feet of Class-A office space, retail space along a large water feature and a Tru by Hilton hotel. The anticipated capital investment is $250 million, and the City expects to realize an estimated $30 million in land sales and $3.5 million in annual local tax revenues. Since 2016, the developer has paid the City $8.8 million in land purchase proceeds and interest and invested $9.1 million in site improvements.

Buchanan Partners’ plans for a 20,000-square-foot office-over-retail project has been approved and construction is underway. The estimated $6 million construction cost includes new site improvements and infrastructure to establish interior roadways, pedestrian improvements, public spaces and landscaping to create the sense of place for the overall project.  Buchanan has also begun design of the first 80,000-square-foot Class-A office building at The Landing to comply with the development agreement. Once designed and permitted, the building will enable the developer and the City to more easily and quickly attract new office tenants by speeding the time to market for new construction.

For additional information on The Landing, please visit: https://thelandingatcb.com/

Tru by Hilton

Holladay Properties began construction on a $15 million hotel at The Landing in summer of 2019.  The 98-room Tru by Hilton will correct a deficiency in the local lodging market by providing new product in the upper mid-scale hotel classification scale.  The City anticipates receiving $350,000 annually in new property and lodging taxes at stabilization.

Stanley Martin Homes

Stanley Martin Custom Homes, a subsidiary of Daiwa House Group, is a premier homebuilder and the residential developer chosen for The Landing. Since 2016, the company has purchased 134 lots from the developer and has sold 96 units with an additional 44 under contract to be sold. Home prices range between $330,000 and $440,000, well in excess of the City’s published median home price of $307,000. All site construction is complete.

Micron Technology Inc. 

Micron announced the largest capital investment in modern Virginia history in 2018. The $3 billion capital investment will include roughly $700 million for the construction of two new clean rooms and associated physical plants as well as $2.3 billion in new equipment at the company’s semiconductor manufacturing plant in Manassas. Micron will create at least 1,110 new high-wage jobs and will increase exports from Virginia by more than $1 billion annually. Micron is the City’s largest employer, tax payer and utility customer and the state’s largest exporter. The company currently employs 1,500 and contributes to Manassas having the fourth highest weekly wage in Virginia for professional and technical services. Construction on Phase I began in 2018 and will be completed in 2020, resulting in new tax revenues of $2 million annually on real estate and machinery. The expansion solidifies the company’s future in Manassas and will make the City a worldwide center of excellence for memory and storage solutions primarily focused on the automotive, industrial and networking markets.

 “For almost two decades Micron and Manassas have been partners in the manufacturing of semiconductors and community development, as the City was with IBM before them. The significant benefits that the company brings Manassas by virtue of their employment and investment help us make advances in public education, infrastructure development and in maintaining a stable tax rate for all of our citizens,” said Mayor Harry J. Parrish II.

 

 

Benten Technologies chose the City of Manassas as its corporate HQ because of the affordability, location, and ability to engage on a personal level with elected officials and staff.  The City actively recruited our small business and remains engaged with our company and we have had a wonderful experience!
Tony Ma  President, Benten Technologies
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During our site selection and buildout phases, the City of Manassas provided us with exceptionally responsive and positive support. We dealt with a handful of people as opposed to dozens who we would have worked with from a county or large municipality. The support didn't stop there. Recently, Manassas and the Commonwealth of Virginia provided us with Governor's Agriculture and Forestry Industries Development (AFID) Fund grant for $50,000 to help us with our plant expansion. Those funds will help us triple our manufacturing capability, add jobs, and grow our startup venture. We will tell anyone who asks -- Manassas is a great place to do business!
Bill Karlson  Co-Founder, CEO, Marketing & Sales Director KO Distilling
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The City of Manassas has been home to the Micron Technology Virginia Fab for the past 15 years and, through good times and bad, the city has been an excellent partner. We’ve had great support as we’ve expanded the business over the years and on community outreach programs. We look forward to continuing the relationship for years to come.
Carson Henry  F6 Fab Director, Micron Technologies
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The Prince William Chamber of Commerce represents over 1,200 businesses in the City of Manassas, Manassas Park and Prince William County. We are proud to call the City of Manassas a partner in success. They have very clearly made it a priority to cultivate a pro-business climate, and that energy has radiated out of City Hall, down Center Street and out to the City’s borders. The proof is in the numerous ribbon cuttings held for new and expanding businesses in Manassas over the last two years. Speaking for the local business community, we would say that the City of Manassas is a great place to do business.
Debbie Jones  President & CEO, Prince William Chamber
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We, at Shining Sol Candle Company, didn't have to think twice when the opportunity presented itself to launch our first retail location in the City of Manassas. There's a sense of community in the City that a lot of the hustle-bustle areas of Northern Virginia lack. The City of Manassas could not have been more accommodating and we have nothing but kudos for everything they have done for us, and continue to do, and we look forward to what the future holds for us both.
Deron Blevins  Shining Sol Candle Company
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