Economic Revitalization Zones

County to Launch New Incentives for Revitalization
The county is considering developing a program based on 2017 Virginia HB 1970, which authorizes localities to create Economic Revitalization Zones (ERZ) as a means of providing incentives to the private sector to assemble property for economic development purposes. The incentives may extend for a period of 10 years from the date of the initial establishment of the ERZ. Pursuant to the legislation, the county may provide financial incentives and regulatory flexibility in these zones.
The current proposal would establish ERZs in the following locations: The Commercial Revitalization Districts (CRDs) of Annandale, Baileys Crossroads/Seven Corners, and McLean; the Richmond Highway CRD and all associated Suburban Neighborhood Areas (SNAs); the CRD and Transit Station Area (TSA) of Springfield; and, the Commercial Revitalization Areas of Lake Anne and Lincolnia. The Board of Supervisors will discuss the possible components of the new program at its Revitalization Committee meeting on October 2, 2018, at 11 am.

Map of Proposed Economic Revitalization Zones

OCRR - Fairfax County, Virginia

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