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The owners of Legacy Engineering have purchased this building in downtown Fredericksburg as their new corporate headquarters.

Engineering firm hopes to grow legacy in downtown FXBG

by | Oct 9, 2024 | BizBeat, Business

A fast-growing civil engineering firm last month purchased a building in downtown Fredericksburg that is now the company’s headquarters.

Legacy Engineering purchased the 17,000-square-foot building at 415 Wolfe St. (corner of Wolfe and Prince Edward streets) for $2.35 million from an affiliate of the Vakos Companies (Vakos retained the adjacent property on Prince Edward Street and Lafayette Boulevard).

Legacy is up to about 95 employees, many of whom are now working at the Wolfe Street office (the company’s address at that location is 641 Prince Edward St.). The company also has offices in Spotsylvania County and Richmond.

A look inside Legacy’s renovated space in downtown Fredericksburg.

In the past five years, Legacy has acquired two engineering firms — Miles and Company LLC in 2019 and Dominion Engineering Associates in 2022. That growth led to an overcrowded office at Legacy’s previous home in Stafford County’s Chatham Square Office Park, and the firm started looking at real estate that would allow expansion.

In 2021, an affiliate of Legacy purchased the 2,150-square-foot building at 523 George St. with plans to construct a multi-story, mixed-use building there. When the price tag for that project doubled, Legacy started to explore other options. Legacy sold the George Street building to an affiliate of the Vakos Companies last month for $900,000.

Legacy President Sara Fila said the company wanted to be in downtown Fredericksburg for its charm and walkability. The building on Wolfe Street was large enough for the company, has surface parking across the street, is near the train station, and came with two tenants in part of the building (Burke & Herbert Bank and CTI Real Estate). Legacy’s owners worked with Shore United Bank and the Small Business Administration on the purchase loan.

Legacy recently celebrated 10 years in business. Fila said the Wolfe Street space, which the company renovated, has made staff more eager to come into the office.

Bill Freehling covers local business for the Free Press. He can be reached at: [email protected].

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