Economic & Community Development News | Richmond VA, Economic and Community Development

Economic & Community Development News

March 21st, 2017

Capital One Financial Corp. has bought a building in Shockoe Bottom that two local businessmen are planning to turn into an incubator for startup businesses. Capital One plans to occupy two floors of the building and lease space back to Startup Virginia. The incubator will be on three floors. Learn more.

March 17th, 2017

Richmond's The Veil Brewing Co., made Thrillist's list of the 14 best breweries to open in America in the past 18 months. Learn more.

March 17th, 2017

Southern Living Magazine ranks Richmond one of the best cities in the south, noting "Off-the-radar Richmond has the South paying attention." Learn more.

March 17th, 2017

The City of Richmond has retained it's AA+ credit rating from Fitch Ratings. That is just one step below the highest possible rating. Learn more.

March 17th, 2017

Richmond's The Veil Brewing Co., made Thrillist's list of the 14 best breweries to open in America in the past 18 months. Learn more.

March 3rd, 2017

TemperPack, a manufacturer of sustainable packaging technology for perishable goods, will invest $2 million to expand its headquarters and manufacturing operation in the city of Richmond, creating 23 new jobs. "Our mission is to help companies deliver more to consumers while wasting less. There's no better place than Richmond to achieve this - great employee talent, a rich tradition of high quality manufacturing, incredibly supportive government and close proximity to major highways that make distribution easy," said TemperPack co-founder Brian Powers. Learn more.

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.

 
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