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.
Leigh Street Armory Restoration
Restoration and Adaptive Reuse with a $600,000 Industrial Revitalization Fund grant in hand, this historic, one-of-a-kind former African American armory will be transformed into the new home of the Black History Museum and Cultural Center of Virginia. Learn more.
East End Initiative
Welcome to Richmond’s oldest neighborhood, and one of its newest revitalization projects! Plans to transform this historic community include pedestrian and bike enhancements to the MLK bridge, landscaping along Nine Mile Road, and much more. Learn more.
Broad Street ArtBiz District
The spine of the central business district and the connector between two VCU campuses, the Broad Street ArtBiz District is experiencing exciting changes…changes that promise to improve the character and aesthetics of the commercial corridor and attract a diverse mix of businesses. Learn More.
Shockoe Bottom Revitalization
Building on more than ten years of planning efforts, including the recently completed Downtown Master Plan, the city is dedicated to revitalizing and re-imagining this historic center of commerce—turning it into the new center of Richmond’s creative economy. Learn More.
Economic & Community Development News
October 22nd, 2014
The City of Richmond, through the Richmond Housing Trust Fund, announces an availability of funds to provide housing production and housing supportive services targeted to low and moderate income citizens. Funds are intended for projects and programs that are aligned with regional, state and federal plans, and follows best practices to address the housing needs of this population. Click here to learn more.
October 9th, 2014
The City of Richmond has been selected by Stone Brewing Company, the 10th largest craft brewery in the country, for their new east coast manufacturing, distribution, retail, bistro and gardens facility. The company will bring 288+ jobs and $74 million in new investment to the city's Greater Fulton Neighborhood. Click here to learn more.
March 31st, 2014
A Richmond furniture startup, Paisley & Jade, a 2-year-old furniture and decor rental company has recently leased 4,800 SF in Scott's Addition. Read more.
March 26th, 2014
Style Weekly reports on the new Terrace 202 apartment complex, a four-story, 57-unit apartment structure in the city's Shockoe Bottom. Learn more.