Richmond: Benefits Of A Big City, Minus The Baggage

Chief Executive Officer

Virginia’s capital is a Goldilocks city. Richmond has created a “just right” business environment by leveraging its outsized roster of Fortune-listed headquarters, deep pool of knowledge workers, central location on the Atlantic seaboard, reasonable cost of living compared with bigger nearby cities, diverse cultural amenities and a key role in the state’s economic-development strategy.

At a time when company site decision makers across the country are taking a much closer look at mid-sized cities, Greater Richmond offers a business case with the requisite population base, infrastructure and resources found in huge cities but without the baggage that some major urban

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