Project Announcement - May 24, 2023

On May 24, 2023, the Board of Supervisors adopted a resolution to authorize the acquisition of real property and related assets, approving the county’s acquisition of 462 acres of property located in the Rivanna Magisterial District at a purchase price of $58 million.

More information about this meeting and access to the meeting materials can be found here.

Project Description

Rivanna Futures is a project of Albemarle County that obtained site control of 462 acres of property along Route 29 North adjacent to Rivanna Station, a sub-installation of Fort Belvoir and home to several defense intelligence agencies of the federal government – National Ground Intelligence Center, Defense Intelligence Agency, National Geospatial-Intelligence Agency. 

The vision for this acquisition is to solidify the long-term vibrancy of Rivanna Station in Albemarle. This project allows the County to remain attractive to Rivanna Station, the anchor for the defense sector in the region. A key element of Rivanna Futures is the establishment of an Intelligence and National Security Innovation Acceleration Campus (INSIAC), a place for public sector organizations, private sector businesses, and academic institutions to work together to co-create solutions to the biggest challenges facing our nation and the world. 

A 2023 Defense Sector Economic Impact report from the Weldon Cooper Center shows that the defense sector generates $1.2 billion of economic activity in the Albemarle-Charlottesville-Greene region each year – making it the second largest sector in the local economy. 

Learn more and review information sheets and frequently asked questions here.