Richmond VA > Sustainability > Economic Development

Last Updated: 2016-06-20

Icon for economic growth Energy Environment Open Space and Land Use Transportation

Economic Development

To support a vibrant and sustainable community, the city of Richmond uses a strategic approach to advance its economic development goals while supporting its environmental and social equity goals.

Initiatives moving forward include the following:

  • Drive Investment
  • Create new jobs
  • Support existing businesses
  • Encourage redevelopment in the community

Efforts are also underway to improve city infrastructure and accessibility of local, healthy and sustainable food.

Goal

Support a vibrant and sustainable community

Objectives

  • Create opportunities for Richmond businesses to enhance their overall sustainability

  • Create more green jobs

  • Make local, healthy, and sustainable food accessible and affordable

  • Improve the state of good repair and efficiency of city infrastructure

How are we doing?

Objectives

Green Businesses

Create opportunities for Richmond businesses to enhance their overall sustainability

Initiatives

Create a green business support and recognition program

A program to provide resources and recognition for businesses to improve their overall energy use and environmental footprint

Create a one-stop resource center

An online clearinghouse for information, resources, and best practices on energy efficiency, clean energy, and other sustainable practices

Educate Landlords on the benefits associated with green leases for both residential and commercial buildings

Create a training or marketing program informing tenants and landlords of the opportunities a green lease can offer

Get Involved

Green Jobs

Create more green jobs

Initiatives

Provide a tax credit to encourage existing businesses to be more sustainable and to attract new businesses to the city

Tax incentives that target the creation or increase of specific occupations that support a transition into the new economy

Develop a Green Jobs Training program

Green jobs training prepares the workforce with new skills so they can transition effectively into industries that are part of the new economy

Designate a Green Business District/Enterprise Zone

Enhance existing enterprise zone regulatory incentive packages to focus development on emerging low carbon industries with high paying jobs

Get Involved

Healthy Food

Make local, healthy, and sustainable food accessible and affordable

Initiatives

Support an expanded network of farmers markets throughout the city

Farmers markets provide a unique and important opportunity to create a robust regional food economy and keep that money in the region

Repurpose appropriate vacant lots for urban agriculture

Urban agriculture is a productive use of vacant land that can improve blighted areas

Conduct an assessment of distances to grocery stores to eliminate food deserts

Food deserts are areas that lack access to affordable fruits, vegetables, whole grains, low-fat milk, and other foods that make up the full range of a healthy diet

Get Involved

City Infrastructure

Improve the state of good repair and efficiency of city infrastructure

Initiatives

Restore the trolley system

Streetcar systems create transit options for tourists and have been shown to have economic development benefits

Initiate a citywide beautification program

Addressing litter, road and sidewalk repairs and general maintenance of Richmond's streets, parks, and public spaces to create a safer and more welcoming environment

Require life-cycle cost analysis for all capital improvement projects

This will allow the city to understand how much it will cost to build and operate something over its entire lifetime, enabling better decision-making regarding spending additional dollars up-front for long-term savings

Contact Information:

Richmond City Sustainability
730 E. Broad St., 8th Floor
Richmond, VA
23219 USA
Map It
Phone: 311 or (804)646-7000

This is a print version of the webpage. The navigation of the site has been removed through the print css. If you require a printout of the page as it looks in your browser, please use screen capture.