Retail Revitalization Zonepeirce2018-01-05T10:39:34-05:00

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Retail Revitalization Zone

Harrisonburg has established two Retail Revitalization Zones to promote the continued growth of the retail sector in the city.

Zone A comprises the motor mile along South Main Street
Zone B comprises Route 33 East from I-81 to the city limits

New construction projects in these zones that exceed $1 million in capital investment are eligible for a real property tax exemption. The real estate property tax exemption is based upon the level of investment:

Capital investment between $1 million and $10 million = a 5 year exemption
Capital investment between $10 million and $20 million = an 8 year exemption
Capital investment of $20 million or more = a 10 year exemption

“Harrisonburg provides an ideal context for the highly technical work we perform for the U.S. Government. We are ideally located next to many excellent colleges and universities, which provide exceptional talent, and close enough to DC and Northern Virginia that we can conveniently interface with our customer and partners. To me, it comes down to quality of life. Our employees have very short commutes and there are a plethora of activities in the area that suit almost every interest.”

Mike Goertzen, Sr. Program Manager, Serco

“As Rocco considered options for our expansion, we were pleased with the partnership that Harrisonburg Economic Development provided as we worked our way through plan reviews, permit approvals, and inspections. It was helpful to have an ombudsman guiding us through the process. We are excited that we have the opportunity to continue to grow and invest in Harrisonburg.”

Fontaine Canada, President, Rocco Building Supplies