Stonebridge at Potomac Town Center
Corporate brand
UnclaimedA mixed-use lifestyle center with retail, dining, entertainment, office, and residential uses in Woodbridge, Virginia.
Last updated August 24, 2026
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Overview
Stonebridge at Potomac Town Center, also known as Stonebridge PTC or simply Stonebridge, is a mixed-use lifestyle center in Woodbridge, Virginia. The complex combines open-air retail, restaurants, entertainment venues, office buildings, apartments, and condominium-style residences. It is positioned along Interstate 95 near the Potomac Mills shopping mall, with the center bounded generally by Opitz Boulevard, Dale Boulevard, and Potomac Center Boulevard. Its location places it within one of Prince William County’s principal commercial corridors and gives it access to both local shoppers and interstate traffic. The project emerged from Prince William County’s early-2000s planning efforts to encourage regional activity centers and mixed-use redevelopment along the Interstate 95 corridor. The 2003 Potomac Communities Revitalization Plan identified the site as suitable for commercial and residential services, reflecting a broader attempt to stimulate economic activity in eastern Prince William County and the Woodbridge area. The Mills Corporation originally planned to develop the project, but financial difficulties and the company’s acquisition process led to a revised development arrangement. Roadside Development LLC and BlackRock became involved in the project, with construction beginning in 2007. Wegmans opened at the northern end of the site in 2008 as an early phase of the development. Additional construction continued through the following years, including more than 249,000 square feet of multi-tenant retail shells across six buildings. The center held its formal grand opening on October 13, 2012, although some tenants, including Old Navy, opened later. The initial tenant mix established Stonebridge as a destination combining grocery, apparel, specialty retail, restaurants, and services rather than as a conventional enclosed mall. During its early operating period, Stonebridge added and lost tenants as the center’s mix evolved. Toby Keith’s I Love This Bar & Grill opened in 2013 and closed in 2015. By the time JBG Companies acquired the property in December 2015, the complex was reported to be approximately 90 percent leased and included recognizable tenants such as Apple, DSW Designer Shoe Warehouse, and P.F. Chang’s. A proposed baseball stadium near the center was later canceled, while related plans for a commuter facility continued. Entertainment became a more prominent part of the property’s identity with the addition of Alamo Drafthouse Cinema Woodbridge. Announced in 2017, the theater opened in June 2018 and became a major regional attraction. Its development required changes to the existing tenant configuration, including the displacement of several businesses. The center has continued to expand and adjust its retail and dining offer, including the opening of Crumbl Cookies in 2023 and later announcements concerning Cooper’s Hawk Winery & Restaurant. Stonebridge also functions as a residential and transportation node. Bell Stonebridge Apartments, formerly known as Stonebridge Terrace, is a two-building, 308-unit apartment community northeast of the retail center. Lennar developed Potomac Town Center, a smaller community of luxury townhome-style condominiums. In November 2024, the Neabsco-Potomac Commuter Garage opened with 1,400 parking spaces and 70 electric-vehicle charging stations, adding a significant transportation facility to the surrounding mixed-use district. Kimco Realty Corporation acquired the shopping center in August 2023. Under its current ownership, Stonebridge remains an active lifestyle-center property serving the Woodbridge and wider Prince William County market. Its business model depends on a diversified tenant roster, food and beverage offerings, entertainment, residential adjacency, and convenient highway and commuter access.
History
Planning for Stonebridge at Potomac Town Center began in the early 2000s within Prince William County’s effort to direct investment toward mixed-use regional activity centers along the Interstate 95 corridor. The 2003 Potomac Communities Revitalization Plan identified the site for commercial and residential services, linking the project to the wider redevelopment and economic-revitalization goals for eastern Prince William County and Woodbridge. The Mills Corporation initially planned the development. During the project’s formative period, however, Mills faced financial problems and an investigation by the U.S. Securities and Exchange Commission while it was being acquired by Simon Property Group and Farallon Capital Management. In 2007, the project moved forward through a development arrangement involving Roadside Development LLC and BlackRock. Construction began that year. Wegmans became the first major operating component, opening in 2008 at the northern end of the site as part of the initial phase. Construction then expanded to a broader retail district. Between 2010 and 2012, Hensel Phelps constructed more than 249,000 square feet of multi-tenant retail shells in six separate buildings. The project’s grand opening took place on October 13, 2012, although portions of the property remained under construction and some tenants opened later. Old Navy, for example, began operating in November 2012. The center’s early years were characterized by tenant turnover and continued efforts to establish a differentiated mix of retail, dining, and entertainment. Toby Keith’s I Love This Bar & Grill opened in December 2013 but closed permanently in May 2015. On December 21, 2015, JBG Companies acquired Stonebridge for $225 million. At that point, the center was reported to be about 90 percent leased and included Apple, DSW Designer Shoe Warehouse, and P.F. Chang’s. A baseball stadium had been proposed on nearby forested land in 2012 for the Potomac Nationals, together with a commuter parking facility. The stadium proposal was canceled in 2017 after the team pursued a new facility in Fredericksburg, while the commuter-garage component continued. The garage was ultimately developed as the Neabsco-Potomac Commuter Garage, which opened in November 2024 with 1,400 spaces and 70 electric-vehicle charging stations. Entertainment became an important element of the center’s later development. In April 2017, Alamo Drafthouse Cinema announced plans for a Woodbridge location at Stonebridge. The venue was described as the company’s fourth Virginia location and the largest cinema in the Woodbridge area. It held a soft opening on June 9, 2018, and a full opening on June 14, timed to the release of Incredibles 2. Its arrival required the forced closure or displacement of several existing tenants as the site was reconfigured. The property changed ownership again on August 25, 2023, when Kimco Realty Corporation acquired the shopping center for $173 million. Crumbl Cookies opened at the center in early September of that year. The property’s residential component includes Bell Stonebridge Apartments, formerly Stonebridge Terrace, a two-building, 308-unit apartment complex northeast of the retail center. It also includes Potomac Town Center, a smaller Lennar-developed community of luxury townhome-style condominiums. In 2025, Cooper’s Hawk Winery & Restaurant was announced as a future replacement for Orvis, with an expected opening in 2026. Brew Republic Bierworks was reported to be closing in July 2025, citing landlord-related difficulties. These changes illustrate the continuing evolution of Stonebridge’s tenant mix. The center remains an active mixed-use lifestyle property whose appeal rests on open-air shopping, restaurants, cinema, residential uses, highway visibility, and commuter infrastructure.
- 2024
Neabsco-Potomac Commuter Garage opens
[1]The commuter garage opened with 1,400 spaces and 70 electric-vehicle charging stations.
- 2023
Kimco Realty acquires Stonebridge
[1]Kimco Realty Corporation acquired the shopping center on August 25, 2023.
- 2018
Alamo Drafthouse Cinema opens
[1]Alamo Drafthouse Cinema Woodbridge opened fully in June 2018 after a soft opening earlier that month.
- 2015
JBG Companies acquires the property
[1]JBG Companies acquired Stonebridge in December 2015.
- 2012
Lifestyle center grand opening
[1]Stonebridge held its grand opening on October 13, 2012, with some retail space still being completed.
- 2008
Wegmans opens
[1]Wegmans opened at the northern end of the development as an early phase and major anchor.
- 2007
Construction begins
[1]Construction started after the project moved forward through an arrangement involving Roadside Development LLC and BlackRock.
- 2003
Site designated as a regional activity center
[1]Prince William County’s Potomac Communities Revitalization Plan identified the future Stonebridge site for regional commercial and residential services.
Products and positioning
An open-air, mixed-use lifestyle destination that combines retail, dining, entertainment, housing, and transportation access in the Interstate 95 corridor of Woodbridge, Virginia.
Shopping center · 2012
Open-air retail district
The principal Stonebridge offering is an open-air collection of multi-tenant retail buildings with apparel, footwear, grocery, specialty merchandise, beauty, services, and dining. The center is designed as a mixed-use destination rather than a single-format mall, with pedestrian-oriented areas and a tenant mix intended to support both routine shopping and longer visits.
Food, beverage, and leisure · 2018
Dining and entertainment
Stonebridge’s food and entertainment offer includes full-service restaurants, casual dining, bars, cafes, and Alamo Drafthouse Cinema Woodbridge. The cinema added a destination-entertainment component to the property and helped broaden the center’s appeal beyond shopping and grocery visits.
Residential real estate
Residential communities
The wider Stonebridge district includes Bell Stonebridge Apartments, a two-building, 308-unit apartment complex, and Potomac Town Center, a Lennar-developed community of luxury townhome-style condominiums. These residential uses reinforce the center’s mixed-use character and provide an adjacent population for retail and dining businesses.
Transportation facility · 2024
Neabsco-Potomac Commuter Garage
The commuter garage serves the surrounding district and opened in November 2024 with 1,400 parking spaces and 70 electric-vehicle charging stations. It adds transportation capacity and commuter access to the broader Stonebridge environment.
Brand decisions
2023
Kimco Realty purchases StonebridgeM&ABackground
Stonebridge remained an operating mixed-use lifestyle center with retail, dining, entertainment, and residential components.
Action taken
Kimco Realty Corporation acquired the shopping center on August 25, 2023.
Aftermath
The center continued tenant changes and infrastructure development under Kimco ownership, including the opening of Crumbl Cookies and the later completion of the commuter garage.
Acquisition price. $173 million (August 25, 2023)
2017
Alamo Drafthouse Cinema planned for StonebridgeProduct launchBackground
Stonebridge sought to expand its destination-entertainment offer and attract visitors beyond conventional retail and dining traffic.
Action taken
Plans were announced for Alamo Drafthouse Cinema Woodbridge, requiring changes to the existing tenant layout.
Aftermath
The cinema opened in June 2018 and became a prominent entertainment anchor for the center.
2015
JBG Companies purchases StonebridgeM&ABackground
The mixed-use center had reached approximately 90 percent leased occupancy and had established a major retail and restaurant tenant base.
Action taken
JBG Companies acquired the property on December 21, 2015.
Aftermath
The property continued operating under new ownership and later pursued additional entertainment and transportation-related development.
Acquisition price. $225 million (December 21, 2015)
2007
Project development arrangement changesStrategyBackground
The Mills Corporation had originally planned Stonebridge, but its financial difficulties and acquisition process affected the project’s development structure.
Action taken
Development proceeded with Roadside Development LLC and BlackRock involved in the project.
Aftermath
Construction began in 2007 and the center ultimately opened in phases, beginning with Wegmans in 2008 and a formal grand opening in 2012.
Reported project investment by The Mills Corporation. approximately $225 million (2007)
Sources1 sources
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