Diversity in retail, technology sectors help Washington County's economy surge forward.
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 (27), East Tennessee (63), Chattanooga (21) and north Georgia (8). The 135-store chain includes 123 Food City locations, 10 Super Dollar Discount limited assortment and 2 wine & spirits stores. Serving a current trade area of over 1.4 million households, with a population of 3.3. million, it also operates its own 1.2 million-square-foot food distribution center, which is located in Abingdon.
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.