Home | Richmond VA, Economic and Community Development


The City of Richmond:
Virginia’s Working Capital

Since its founding in 1607, the city of Richmond has always been the strategic center of commerce, innovation, and decision-making power in the Commonwealth of Virginia. The city offers low business costs, a pro-business climate, robust financial programs, and a smart, creative workforce with solid education and experience in the technical, scientific, and creative professions. So, in a city founded on commerce, innovation and decision-making power, where will your company get to work?

Want to learn more? Click here to learn about the city of Richmond’s advantages. 

Community Profile

The 2016 Richmond Community Profile is tailored for review by residents and businesses alike and details specific information regarding population, industry, and quality of life. Read the report.


Economic & Community Development News

February 16th, 2017

Mayor Levar M. Stoney announced today that Owens & Minor, a regionally-based Fortune 500 global healthcare services company, will establish a new Client Engagement Center (CED) in downtown Richmond's Riverfront Plaza. The City of Richmond successfully competed against 60 other cities around the nation to win the project. Learn more.

February 7th, 2017

Richmond Times Dispatch reports that a new 309-foot, $2 million barge, paid its first visit to the Richmond Marine Terminal on Monday, February 6th, unloading 136 containers after making the trip upriver from Norfolk. The new barge can accomodate certain  types of cargo, such as refrigerated containers. Read more.

January 5th, 2017

Channel 6's Mark Holmerg tours a Shockoe Valley manufacturing building used as many as 20 "maker" businesses and other groups. Learn more.

January 3rd, 2017

Levar M. Stoney was sworn in as Richmond's 80th mayor on Saturday, December 31st in a ceremony at City Hall. Mayor Stoney, Richmond's youngest ever mayor at age 35, stated, "There is not secret formula to this, no secret recipe, but to work hard every single day and pour my time, my energy, my life into everything I do." Read more.

City of Richmond
Economic & Community Development

Main Street Station
1500 East Main Street, Suite 400

Richmond, VA 23219