Navigating Growth and Community Dynamics in Winchester, Virginia
Winchester, Virginia, is known for its blend of history, culture and natural beauty, making it a popular destination for visitors and a vibrant community for its residents. Outdoor adventurers enjoy easy access to Shenandoah National Park, while history enthusiasts can walk the streets of a city that changed hands between Union and Confederate forces several times during the Civil War.
In May, President Tom Barkin, Regional Executive Renee Haltom and Regional Community Development Manager Jarrod Elwell met with local community and business leaders in Winchester and its surrounding counties to gain a fuller understanding of the economic strengths and opportunities facing the region as part of the Bank’s Community Conversations program.
The Winchester Metro Area is the fastest growing metro area in the state of Virginia, with its population growing at almost five times the rate of Virginia as a whole. Some municipalities in the region are embracing growth, while others are being intentional in maintaining their rural character. One challenge for communities experiencing an influx of population is figuring out a shared plan for the future across leaders and localities, from housing and economic development to comprehensive infrastructure solutions.
A Unified Commitment to Education and Career Development
As Winchester’s leaders explore a common vision for their future, one thing they all agree on is the importance of career and technical education.
During the trip, the team spoke with leaders from Laurel Ridge Community College, a leader in providing a broad array of workforce development programs to students throughout the area. Laurel Ridge boasts the largest dual enrollment program in the state, graduating 320 high school students this year with either a 1-year certificate or a 2-year degree.
Winchester Public Schools partnered with Laurel Ridge on the Shihadeh Innovation Center. Now in its third year, the Innovation Center was seeded by a private $4 million investment and provides all 9th through 12th graders with career and technical training regardless of whether they plan to go into a trade. Local industry partners like the Winchester Regional Airport, one of only seven business-class airports in Virginia, provide work-based training and learning opportunities that can lead to certifications.
“More and more I’m seeing community colleges like Laurel Ridge partnering on innovative programs that not only better prepare students for the regional job market, but also help increase enrollment at times when four-year colleges are telling me they’re struggling,” said Barkin after his visit to the Innovation Center. “It’s a win for students, the local area and the community colleges themselves.”
Housing Crossroads: Differing Perspectives on Navigating Population Growth
In the Winchester area, housing costs are steadily increasing, driven in part by an influx of commuters from Washington, D.C., seeking more affordable, small-town living. In a meeting with Frederick County, for instance, officials discussed how the county has increased residential construction to help accommodate population growth.
According to a recent study by the Richmond Fed, in the Fifth District the number of new residential permits issued by a locality can be used as an indicator of housing supply growth. From 2021 to 2022, three of the six municipalities in the planning district issued more building permits than the national average, indicating a growth in the number of housing units, while the other three issued less or the same rate of new residential permits as the national average. The Richmond Fed’s outreach team routinely hears that local zoning restrictions, permitting regulations and approval processes, and availability and affordability of land are just a few factors that can hinder housing supply growth.
The rising demand for and cost of housing in the area highlights an underlying tension for the many smaller towns fortunate to experience growth: embracing growth and accommodating new residents while also preserving the area’s rural roots.
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