Fredericksburg city

The Fredericksburg Area Metropolitan Planning Organization's board will submit an Interchange Justification Report to the Virginia Department of Transportation. VDOT will review the report and determine whether to submit it to the Federal Highway Administration.

The report recommends that the interchange be built on land between the river and the Virginia Welcome Center and rest area. Ultimately, plans call for a toll road to connect to the interchange, serving as a State Route 3 bypass between I-95 and Gordon Road.

Read more in The Freelance-Star....

Richmond-area residents will have another option for travelling to Washington starting July 20, when a new commonwealth-funded train will begin operating. The train will leave Richmond at 7 a.m. and stop at Ashland, Fredericksburg, Quantico, Woodbridge, and Alexandria before arriving in Washington at 9:30 a.m. The return train will leave Washington's Union Station at 3:55 p.m.

The train will benefit homeowners who live near the planned stopping points, offering them another option to move around the often heavily congested Richmond-Washington corridor.

Read more in The Washington Post....

The Fredericksburg Economic Development Authority and Kalahari Resorts have reached a compromise on bond fees. The agreement calls for a fee on Kalahari's taxable bonds in exchange for the company agreeing to pay the standard fee on the tax-exempt issuance.

The compromise allows the Fredericksburg EDA to charge one-eighth of 1% annual fee to issue tax-exempt bonds. In return, the authority will reduce the charge on the taxable bonds.

Read more in The Free-Lance Star....

The Haven at Celebrate Virginia, a proposed 232-unit luxury apartment complex, has been granted preliminary approval from Fredericksburg's Planning Commission. The City Council now must vote on the matter.

The Planning Commission recommended The Haven be allowed to have gates restricting access to residents and guests. The city's Comprehensive Plan doesn't allow gated communities.

Read more at the Free Lance-Star....

The Fredericksburg area housing market is showing signs of improvement. Houses are taking less time to sell -- an average of 83 days this year, in contrast to last year when homes spent an average of 121 days on the market. There is currently a 7.4-month supply of homes waiting to be sold.

Read more at the forum for the Fredericksburg Area Association of REALTORS®