Wood Haven District

  1. Character: Primarily for high technology manufacturing uses with supporting uses such as office, commercial establishments, and residential areas.  This 110-acre area is being developed into a park-like setting that complements surrounding land uses though appropriate siting of buildings, controlled access points, attractive and harmonious architecture, landscape buffering, and scenic view easements.
  2. Opportunity Zone Census Tract #: 5116103201
  3. Zoning: Planned Technology District (PTD)
  4. Key Assets: This district is located at the intersection of Interstate 81/Interstate 581 and close to the Roanoke-Blacksburg Regional Airport.  An office park, several manufacturers, commercial enterprises, recreation center, and other businesses are located nearby.  Residential development located to the south and west with high school and middle school nearby.
  5. 30-Minute Drive Quick Facts (2019):
    • Total Population: 248,317
    • Population Growth 2010-2019: 3.58%
    • Population Per Square Mile: 586.5
    • Median Age: 43.3
    • Median Household Income: $55,049
    • Average Household Income: $75,792
    • HS Diploma or Higher: 90%
    • Bachelor’s or Higher: 30.2%
    • Total (NAICS11-19) Businesses: 9,820
    • Total Housing Units: 112,461
    • Owner Occupied Housing Units: 66,279
    • Median Home Value: $191,382
    • Average Home Value: $246,790
  6. Infrastructure
    • Water and Wastewater: Western Virginia Water Authority
    • Natural Gas: Roanoke Gas
    • Electricity: Appalachian Power
    • Fiber: Total coverage by various providers
    • Transportation: I-81, I-581, Amtrak, commercial airport
  7. Nearby businesses: Optical Cable Corporation, Kroger MidAtlantic HQ, UPS Freight, FedEx, various motels/hotels and restaurants
  8. Recent investments: Wood Haven Technology Park – $10 million, Green Ridge Recreation Center

Peters Creek District

  1. Character: Runs along the Peters Creek commercial corridor close to the Roanoke-Blacksburg Regional Airport and UPS Freight Hub. Existing residential development located to the north with high school and middle school nearby. 
  2. Key Assets: Commercial business cluster on a key corridor adjacent to the Roanoke-Blacksburg Regional Airport. Located in proximity to a recreational complex and several business parks.
  3. Opportunity Zone Census Tract #: 5116103201
  4. 30-Minute Drive Quick Facts (2019):
    • Total Population: 248,317
    • Population Growth 2010-2019: 3.58%
    • Population Per Square Mile: 586.5
    • Median Age: 43.3
    • Median Household Income: $55,049
    • Average Household Income: $75,792
    • HS Diploma or Higher: 90%
    • Bachelor’s or Higher: 30.2%
    • Total (NAICS11-19) Businesses: 9,820
    • Total Housing Units: 112,461
    • Owner Occupied Housing Units: 66,279
    • Median Home Value: $191,382
    • Average Home Value: $246,790
  5. Infrastructure
    • Water and Wastewater: Western Virginia Water Authority
    • Natural Gas: Roanoke Gas
    • Electricity: Appalachian Power
    • Fiber: Total coverage by various providers
    • Transportation: I-81, I-581, Amtrak, commercial airport
  6. Nearby businesses: Knights Inn, Motel 6, Quality Inn, and Super 8; El Toreo and Waffle House; Optical Cable Corporation, Kroger MidAtlantic HQ, Walgreens District Office, UPS Freight, FedEx, Priority Honda, Virginia Department of Forensic Science, JD By Rider, Food Lion, CVS
  7. Recent investments: Virginia Department of Forensic Science building; CVS

Airport District

  1. Character: Primarily commercial district located at the I-581/Peters Creek Road interchange adjacent to the Roanoke-Blacksburg Regional Airport. Residential development is located to the north and west with high school and middle school and recreation center nearby.
  2. Key Assets; Commercial business cluster on a key commercial corridor with interstate frontage in proximity to the Roanoke-Blacksburg Regional Airport.  Located in proximity to large recreational complex and several business parks.
  3. Opportunity Zone Census Tract #: 5116103201
  4. 30-Minute Drive Quick Facts (2019):
    • Total Population: 248,317
    • Population Growth 2010-2019: 3.58%
    • Population Per Square Mile: 586.5
    • Median Age: 43.3
    • Median Household Income: $55,049
    • Average Household Income: $75,792
    • HS Diploma or Higher: 90%
    • Bachelor’s or Higher: 30.2%
    • Total (NAICS11-19) Businesses: 9,820
    • Total Housing Units: 112,461
    • Owner Occupied Housing Units: 66,279
    • Median Home Value: $191,382
    • Average Home Value: $246,790
  5. Infrastructure
    • Water and Wastewater: Western Virginia Water Authority
    • Natural Gas: Roanoke Gas
    • Electricity: Appalachian Power
    • Fiber: Total coverage by various providers
    • Transportation: I-81, I-581, Amtrak, commercial airport
  6. Nearby businesses: Knights Inn, Motel 6, Quality Inn, and Super 8; El Toreo and Waffle House; Optical Cable Corporation, Kroger MidAtlantic HQ, Walgreens District Office, UPS Freight, FedEx
  7. Recent investments: Virginia Department of Forensic Science building; Waffle House; Cellco Partnership (Verizon Wireless) Building

Interstate 81 District

  1. Character: This district extends from the Interstate 81/Electric Road (VA Route 419) interchange (Exit 141) to the south along Electric Road. Commercial development is located within and adjacent to the zone to the west including hotels, restaurants, automobile dealership and service.  Multifamily and single-family residential development is located to the east. 
  2. Key Assets: High-traffic Interstate interchange with existing commercial and multi-family development.  Several public institutional employers are located nearby including Roanoke County School Board, Roanoke County Police Department, and Allstate Corporate Offices.
  3. Opportunity Zone Census Tract #: 5116103201
  4. 30-Minute Drive Quick Facts (2019):
    • Total Population: 248,317
    • Population Growth 2010-2019: 3.58%
    • Population Per Square Mile: 586.5
    • Median Age: 43.3
    • Median Household Income: $55,049
    • Average Household Income: $75,792
    • HS Diploma or Higher: 90%
    • Bachelor’s or Higher: 30.2%
    • Total (NAICS11-19) Businesses: 9,820
    • Total Housing Units: 112,461
    • Owner Occupied Housing Units: 66,279
    • Median Home Value: $191,382
    • Average Home Value: $246,790
  5. Infrastructure
    • Water and Wastewater: Western Virginia Water Authority
    • Natural Gas: Roanoke Gas
    • Electricity: Appalachian Power
    • Fiber: Total coverage by various providers
    • Transportation: I-81, I-581, Amtrak, commercial airport
  6. Nearby businesses: Baymont by Wyndham, La Quinta Inn, Fairfield Inn, Burger King, Holiday Inn Express, Pinkerton Chevrolet, Allstate Corporate Offices, Appalachian Power
  7. Recent investments: The Retreat, a luxury multi-family development with 252 units

Contact

Roanoke County Economic Development