Economic Development

downtown Winchester VA

The city of Winchester is located at the top of Virginia in the beautiful Shenandoah Valley. Winchester has a population of approx. 28,000 residents and maintains a small town, friendly atmosphere while offering big city amenities. Winchester's strategic location and proximity to the tri-state region makes it the hub for the area's healthcare, retail, dining and tourism activities causing the population to swell to over 72,000 during the day. Winchester is also a center for jobs with more than 21,000 people commuting into the city for employment everyday. 

Shenandoah University, located within city limits, and Lord Fairfax Community College, just a short drive away, both offer college-level and continuing education courses for the area's workforce. Transportation to and from Winchester is also convenient with a local airport, I-81, Route 11 and I-66 nearby and Washington D.C. just 75 miles to the east.

Recent Recognitions

  • #13 small metro area in the country (#1 in Virginia) for business and careers - Forbes (2017)
  • Included in the "10 Best Small Towns in America to Retire" - Readers Digest (2017)
  • Old Town Winchester voted third best shopping mall in the Shenandoah Valley - Virginia Living Magazine's "Best of Virginia 2017" reader survey
  • #84 our of 250 in the "Best Cities to Start a Small Business" - Lendedu (2017) 
  • ​#4 in the country (population under 200,000) - Site Selection Magazine 2017
  • One of the "10 Best Places to Retire" - Kiplinger's Personal Finance Magazine (2015)
  • #15 out of 200 "Best Small Places for Business and Careers" - Forbes (2015)
  • Ranked in the top 7 "Best Places to Raise a Family in Virginia" - Local.niche.com (2015)

Contact Us

Shawn Hershberger
Development Services Director
Email

George Hoddinott
Business & Workforce Development Director
Email

Shirley Dodson
Business & Workforce Development Coordinator
Email

Office Location:

33 East Boscawen Street
Winchester, VA 22601
(540) 667-1815
Hours: 8 am-5 pm


City of Winchester's Vision

To be a beautiful, vibrant city with a historic downtown, growing economy, great neighborhoods with a range of housing options and easy movement.

Four Strategic Plan Goals

  1. Encourage sustainable growth and partnerships through business and workforce development
  2. Promote and accelerate revitalization of catalyst sites and other areas throughout the city
  3. Advance the quality of life for all Winchester residents by increasing cultural, recreational, and tourism opportunities; enhancing and maintaining infrastructure; and promoting and improving public safety
  4. Improve City services and advance the strategic plan goals by promoting a culture of transparency, efficiency, and innovation

Click here to view the City of Winchester's Strategic Plan.


Economic Development Strategic Plan

The Economic Development Strategic Plan for Winchester Economic Development Authority establishes a unified vision and direction for the city that will result in greater economic vitality and prosperity for its residents.

The Strategic Plan process began in October 2017 and a draft plan was completed in February 2018.

Target Industries

  • Healthcare
  • Business & Professional Services
  • Lifestyle & Adventure

Foundational Pillars:

  1. Empower people
  2. Bolster community
  3. Strengthen Business

Click here for more information about the Strategic Plan development process and to view the draft plan.  


Economic Development Authority

The Winchester Economic Development Authority (EDA) facilitates economic development activity to maximize use of industrial and commercial land in the city of Winchester. The EDA's work enables the city to help the workforce develop its fullest potential and minimize burden on the individual taxpayer. The EDA takes into account the need to preserve the social, environmental, architectural and cultural fabric of the community.

The Authority is consists of seven members appointed by the Winchester Common Council. Click here for a list of current members.

EDA Agendas and minutes


Requests for Proposals

Project Due Date Documents
Winchester Towers Site
(Corner of Piccadilly/Cameron)
May 25, 5 pm RFP Document

Current EDA Projects

East Piccadilly/North Kent Redevelopment

East Piccadilly Street properties

North Kent Street properties

The EDA purchased 204-214 East Piccadilly Street in December 2017 for $523,000 and authorized the acquisition of 202, 204 and 206 North Kent Street in February 2018 for $775,000. In addition, the EDA authorized the execution of a Memorandum of Understanding (MOU) with a potential developer, Providence Capital Partners of McLean, VA, for this redevelopment project. This MOU allows the developer to begin a due diligence period that will determine the best use for the property and the city. 

Timeline:

  • February 2018 - Acquisitions of five properties complete
  • February 2018 - Began due diligence period for redevelopment with potential developer (expected to take 6-12 months)
  • Next steps -
    • Potential project layout presented and approved
    • Construction starts

Towers site

Winchester Towers Site Development

The EDA purchased the Winchester Towers property (200 N. Cameron Street) from the City of Winchester in July 2016. The former structure was demolished in the fall of 2016.

Click here for example renderings to see how this site could be redeveloped.

The Authority is currently seeking a development partner and has issued a Request for Proposals (deadline: May 25, 2018).