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New Apartments Next to Shopping Mall: Fredericksburg’s Attain at Towne Centre Expects to Generate $1.15 Million in Tax Revenue

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7 months ago

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New Apartments Next to Shopping Mall: Fredericksburg’s Attain at Towne Centre Expects to Generate .15 Million in Tax Revenue

Fredericksburg’s landscape is evolving with the introduction of Attain at Towne Centre, a new 271-unit residential development at the site of the former Sears at Spotsylvania Towne Centre. This project, completed by Bonaventure in partnership with Cafaro Properties, owner of Spotsylvania Towne Center, promises to bolster the local economy.

Dwight Dunton, CEO of Bonaventure, highlighted the project’s dual benefits during a ribbon-cutting ceremony in April 2024: “The introduction of Attain at Towne Centre heralds a significant positive impact on the local economy through various channels, including job creation, increased tax revenues, and sustained economic growth.”

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