Economic & Community Development News

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.

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.

August 15th, 2016

ICMA-RC, a Washington, DC-based financial services firm has picked the city of Richmond as it's new office location, adding 200-250 new jobs. 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. 

June 30th, 2016

Carytown named one of the 15 trendiest retail markets in the country. Learn more here.

June 30th, 2016

The Zillow report shows that 15% of people aged 23 to 34 live alone in Richmond. The report credits Richmond's strong labor market, which has grown 3.6 percent year over year, and relatively high incomes in this age group for the reason for a high percentage of millennials are living alone. Read more.

June 2nd, 2016

Richmond Times Dispatch reports that Atlanta-based consulting firm Thought Logichas chosen the city of Richmon's Shockoe Slip to expand their company with the goal of hiring 100 Richmond-area workers within three to five years. Learn more.

May 11th, 2016

In Men's Journal's recent piece titled "Richmond: The Four-Day Weekend," the magazine highlighted Richmond's food scene and outdoor activities. Learn more.

May 11th, 2016

Shockoe Realty Ventures LLC recently purchased 1-acre at 1903 E. Marshall Street with plans to construct 178 apartments.  Learn more.

May 11th, 2016

April 5, 2016: The Wall Street Journal featured an article about Richmond, Virginia's thriving beer scene, featuring Cask Cafe and Market, Station 2, Mekong, Hardywood and Lickinghole Creek. Read more.

 
City of Richmond
Economic & Community Development

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Richmond, VA 23219
804.646.5633