On April 8, 2024 the City Administration provided an update on the Diamond District project.  The city has recommended switching to a Special Revenue Bond Approach that will ultimately save the city $215M over 30 years.  The Administration also co

Richmond Economic Development has officially released its annual report for fiscal year 2023.  Learn more about the achievements and contributions of the local business community.

VPM announced today that they will build a new, state-of-the-art headquarters on E. Broad Street in Historic Monroe Ward in the heart of downtown Richmond.

On May 8, 2023, the City of Richmond City Council unanimously voted to move forward with the development agreement between the City and RVA Diamond Partners, LLC. 

Negotiations with RVA Diamond Partners for the $2.44 Billion transformational redevelopment of the 67-acre Diamond District site were finalized on April 24, 2023.

The Economic Development Authority has launched a new website to provide businesses with an in-depth view of the City, its resources, and its "Real".  Visit www.richmondeda.com today.

Learn about FY 2022 economic development successes in the Department of Economic Development FY 2022 Annual Report.

Learn more about the City's Strategic Plan for Equitable Economic Development. 

Check here to find the latest and greatest in Richmond tourism & culture. 

Click here to learn more about unique incentives & Financial Tools for businesses offered by Richmond.