Virginia county seeks P3 developer for $140 million multi-use center

December 30, 2024

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The Prince William Board of County Supervisors in Virginia is working on a revised public-private partnership (P3) to transform an underutilized plot of land into a mixed-use development. Construction on the approximately $140 million project is tentatively scheduled to begin in 2028 after securing a developer.

The project, known as The Landing Town Center, is still in early phases, although the Board spent $15.5 million in May 2024 to buy 22 acres of land where the center is slated to be built. The plan’s current concept envisions making the development a global cultural destination, integrating a variety of restaurants, arts and cultural gathering spaces and hybrid work areas.

The dynamic features of the complex’s multi-use design would place an emphasis on encouraging economic growth through a sustainable, pedestrian-friendly, transit-oriented town center. The county is interested in forming a partnership with a developer dedicated to creating a blended environment composed of residential living, recreational activities and commercial enterprises.

The Landing Town Center would feature expansive public spaces that blend greenspace and tree coverage seamlessly with community-centric architecture. All plans will take a sustainable approach to construction, enhancing the center’s ecological footprint and environmental stewardship.

Additional center spaces would incorporate cultural venues, public art and performance spaces alongside innovative housing and office solutions that embrace hybrid living environments. The development would include parking lots, additional mixed-use development opportunities and an integrated transportation network.

The project may also feature an indoor sports complex to accommodate different sports activities. This complex, however, is not guaranteed to be a part of the final development design. The Board anticipates requesting proposals for the center in 2026.


Photo courtesy Pixabay

Adam Rollins

Adam Rollins brings his expertise as a Researcher and Writer to the Managing Editor role for several of SPI's key publications, including Government Contracting Pipeline, Texas Government Insider, and the latest addition, Government Market News. With a rich background as a freelance Content Specialist, Adam has honed a passion for learning and information gathering, delving into various industries. His research and writing have spanned a range of topics, from artificial intelligence (AI) technology, conservation, and project outsourcing, to managed IT services and software development.

Holding a bachelor's degree in English from Texas State University, Adam's proficiency in message development is complemented by his robust research skills and seasoned writing experience. These attributes make him an invaluable asset to SPI, ensuring the delivery of insightful and impactful content to the company's clientele.

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