The latest updates on Fredericksburg businesses, city government, and community organizations
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City’s Bond Rating Upgraded Ahead of Bond Issuance
As announced during the Tuesday, October 8, 2024 City Council meeting Moody’s Ratings upgraded the City’s General Obligation bond rating from an Aa2 to Aa1, just one notch behind the Moody’s rating of Aaa and first in more than a decade.
Fredericksburg Square sells to local Restaurateur
Last week, Luigi Castiglia purchased Fredericksburg Square located at 525 Caroline Street. The 19,000 s.f. building sitting on .45-acres in Historic Downtown sold for $1.9 million.
UMW Alumni-Owned Businesses Open on Caroline Street
Over the last two weeks, Caroline street has been filled with the excitement of a new season – and it is not just autumn! A season of new opportunities has begun as two brand new businesses, owned and operated by UMW alumni, have opened their doors downtown.
Susan Ball & SBDC – Helping Small Businesses Start Right & Grow Strong
UMW hosts a Small Business Development Center – the SBDC. The UMW SBDC provides abundant services to a LARGE region including the Greater Fredericksburg Area, Northern Neck and the Middle Peninsula.
Downtown FXBG Businesses Celebrate Landmark Anniversaries
Celebrating a business anniversary is more than just a marker of significant milestones; it’s an opportunity for reflection, appreciation of an tremendous achievement, and for renewed commitment.
City Announces New Director of Community Planning and Building
As officially announced on Tuesday, October 1, 2024 the City of Fredericksburg was proud to publicize the promotion of Mike Craig as the new Director of Fredericksburg’s Community Planning and Building Department.
Hitting the Block
By prioritizing business outreach, the Economic Development office can help create and foster an inclusive and supportive business environment where local businesses can flourish.
Obsidian Solutions Group showcasing next-generation technologies
Fredericksburg-based Obsidian Solutions Group a national leading provider of mission-focused Defense and national security solutions, as reported on September 24, 2024 by Business Wire, will showcase their next-generation technologies while participating at the 2024 AFCEA TechNet Indo-Pacific Conference, taking place in Honolulu, Hawaii, from October 22-24.
UMW Public Liberal Arts Ranks Top 10 by U.S. News & World Report
U.S. News & World Report has released its 2025 “Best Colleges” with the University of Mary Washington tying for No. 9 on the list and tying for No. 132 in national liberal arts.
Virginia Tourism Corporation Releases Direct Visitor Spending in the State
Virginia Tourism Corporation released the direct visitor spending in 2023 for each locality in the state.
We’re Number 3(?)
Perhaps I’m bit biased, though it was little surprise while reading a recent September 10, 2024 article published by WorldAtlas listing Fredericksburg amongst the “9 Towns In Virginia Have Bustling Main Streets”.
Second Saturdays in Downtown Fredericksburg
Downtown Fredericksburg comes alive every second Saturday of the month with the lively and unique energy of Second Saturdays! This is your perfect opportunity to explore our charming historic streets, shop at local businesses, savor delightful food, and enjoy the vibrant local culture.













