Economic & Community Development News

November 6th, 2018

Aug. 22: Ocean Network Express, a global transport company, will invest $2.2 million to expand its regional headquarters in the city of Richmond, creating 129 new jobs. Richmond's commercial assets and proximity to the Port of Virginia positions this global company for continued growth in the U.S. market. Read more.

July 26th, 2018

July 25th, 2018: Scott's Addition's ZZQ was named as Virginia's best barbecue but also made Food and Wine Magazine's nationwide top BBQ list. Read more.

July 23rd, 2018

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 23rd, 2018

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 16th, 2018

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.

July 12th, 2018

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

July 12th, 2018

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 12th, 2018

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 10th, 2018

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.

July 10th, 2018

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.

City of Richmond
Economic & Community Development

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Richmond, VA 23219