Economic & Community Development News

July 20th, 2018: A year after setting up shop in Northside, a local retailer has outgrown its home and is moving a few blocks over while staying in the same neighborhood. Read more.

July 20th, 2018: Fresh off a $5 million acquisition last month near The Diamond, a local development firm has made another property grab in the city – this time on the edge of Scott’s Addition. Read more.

July 12th, 2018: This week, Moody’s revised upward its credit rating outlook for the City of Richmond, from “stable” to “positive,” and reaffirmed the city’s credit rating of “Aa2,” citing strong trajectories in the city’s finances and growing economy. Read More.

From new cancer therapeutics to virtual reality surgical tools, innovations created at Virginia Commonwealth University represent not only economic opportunities for the Richmond region, but can have the potential to improve health care and save lives around the globe. That's why VCU is pitching in to help develop them. Read More.

July 11th, 2018: A number of new restaurants in Jackson Ward have been rising to prominence. See what's cooking here.

Reston-based government contractor Science Applications International Corp. is hiring 75 people at an office in downtown Richmond as part of the company’s contract to coordinate the state’s information technology systems. Read more.

July 6, 2018: In their fourth annual study, Smart Asset found Virginia to be the best state for higher education. This comes as no surprise as the commonwealth boasts institutions like the University of Virginia, Virginia Tech, Virginia Commonwealth University, William & Mary, and George Mason. Read more.

July 10th, 2018: With construction of its new office tower well underway, Richmond’s resident utility giant is beginning to cue up a potential sister structure next door. Read more.