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

November 15th, 2016

Today the Rchmond Times Dispatch reports that the Port of Virginia recorded its busiest month in October, with total volume up about 2 percent over the same month last year. At the Richmond Marine Terminal, volume was up 52 percent compared with the same month last year. Year-to-date, RMT volumne is up 32 percent. Learn more.

November 14th, 2016

On October 24, 2016, Governor Terry McAuliffe and Mayor Dwight C. Jones announced that CoStar Group, the leading provider of commercial real estate information, analytics, and online marketplaces, will invest $8.17 million in a new research and software development center in Richmond, creating 732 new jobs. Learn more.

November 14th, 2016

On Wednesday, November 9th, the results of the City of Richmond Mayoral race confirmed that Levar Stoney won five districts and became the Richmond mayor-elect. Stoney will take office on December 31, 2016. Learn more.

August 15th, 2016

According to CNBC.com's list of America's best places to start a business, Richmond ranked number 11. CNBC states, "Richmond offers entrepreneurs the best of both worlds: an educated workforce, low costs, both government agencies and private-sector companies as potential customers, as well as a thriving outdoor lifestyle, great restaurants and cost-of-living advantages." Read more. 

City of Richmond
Economic & Community Development

Main Street Station
1500 East Main Street, Suite 400

Richmond, VA 23219