The economy of Washington County is right on the money these days, with a variety of sectors contributing to the region’s overall quality of life.
Oak Park Center for Business & Industry
This expansive property is near Interstate 81 and U.S. 11 (Lee Highway), and most of the land is shovel-ready for potential company tenants to immediately develop. Tri-Cities Regional Airport is within a short drive of Oak Park Center, and rail service is also on-site.
K-VA-T Food Stores
K-VA-T Food Stores, (Food City), a family-owned company operates in locations in southeastern Kentucky (16), southwest Virginia (63), East Tennessee (21) and north Georgia (8). The company also operates 10 Super Dollar Discount foods stores, the company's corporate office in Abingdon and its own 1.2 million-square-foot food distribution center. Being a community-oriented company K-VA-T is involved in many local efforts and contributes to many local organizations.
Off I-81 at exit 74B, The Pinnacle is a new retail and commercial development anchored by Bass Pro Shops, Belk and Marshalls. Officials estimate that 60,000 vehicles pass by or turn into The Pinnacle on a daily basis; the mall has a service area of 750,000 consumers from Southwest Virginia, Northeast Tennessee, Eastern Kentucky and Western North Carolina.
In late 2016, a new Wal-Mart Supercenter opened in Abingdon along I-81 at exit 19, behind the VCA Highlands Animal Hospital. The opening added 300 new jobs to the region, and the company says it provides a benefits program for both full- and part-time workers. Besides food, clothing and other products, the department store features a fuel center.
Openings in 2016
Love’s Travel Stop opened in Meadowview, VA, on Interstate 81 in 2016. The truck stop and fuel center includes a McDonald's, Subway, truck repair, gas and truck supplies. A new Clean Energy Research & Development Center operated by the Southwest Virginia Higher Education Center opened in 2016. The building houses a Clean Energy Research & Development Center along with office space for other potential technology industries and environmentally minded businesses.