Prince William County supervisors have approved plans for a major development between Interstate 95 and Route 1 in North Woodbridge. The plan calls for hundreds of thousands of square feet of office and retail space, between 2,500 and 3,500 multifamily residential units, a 260-room hotel, a marina, a heritage trail, and open spaces throughout the area.

Officials hope the redevelopment plan will help revive the Route 1, one of the oldest interstate highways in the country. The county's portion of the route now features strip malls and vacant properties.

Major development plans like this can pull up property values in surrounding neighborhoods as the area becomes a magnet for employment, shopping, living, and recreation.

Read more in The Washington Examiner....