Virginia Named America's "Top State for Business" by CNBC

Virginia has been named America's "Top State for Business" by CNBC. The Commonwealth took the top spot in the extremely competitive yearly study, receiving the highest point total in the history of the rankings. Virginia finished in the top-half of every category ranked. The number one ranking comes on the heels of Virginia's receiving the highest ranking of any state east of the Mississippi in the American Legislative Exchange Council's economic competitiveness ranking of the states, which was released last week.

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The Capital of Creativity: Launch of i.e.*

On Thursday, June 24, the launch of i.e.* took place during an all-day summit held at LaDifference in downtown Richmond. The purpose of i.e.* is to tell the Richmond region's creative story and highlight the innovation and world-class work being done in Richmond every day. To read the full article in the Richmond Times Dispatch, please click here.

A Celebration of Progress: One Year Review of East End Vision Initiative

On Tuesday, June 21st, the Richmond community came out in force to celebrate the progress of the East End Initiative and to discuss next steps at the historic Robinson Theater. To read the full article in the Richmond Times Dispatch, please click here. To learn more about the East End Initiative, please click here.

New City Economic Indicators Report Now Available

The City of Richmond has developed a new Economic Indicators Report that highlights economic activity in the city as well as selected indicators for the region, state and nation. The report provides statistics on local employment, retail sales, housing market, building permit activity and tourism activity. Please click here to view the May 2011 report.

Made in Richmond - Special Report

The Richmond Times Dispatch featured several articles recently on the Richmond region's diverse food production and manufacturing base, highlighting companies such as AMF Bakery Systems and C.F. Sauer Co. Click here to read the articles.

Governor McDonnell Signs New Legislation to Promote Clean and Renewable Energy in Virginia

Governor Bob McDonnell signed eight pieces of new legislation on June 15th at the VCU School of Business to promote the clean and renewable energy industry in Virginia and to spur development of new pilot projects and technologies that will promote reliable and affordable energy for Virginia families, businesses and industry.

The legislation will further advance development of renewable energy sources through solar generation demonstration programs, expansion of distributed generation and by establishing additional incentives for individuals and companies to utilize clean and renewable energy.

To read the full press release, please click here.

Shockoe Bottom Development Boom Continues

Residential development in Shockoe Bottom continues as developers turn historic warehouses into apartments and lofts. Click here to view the CBS 6 News video highlighting the developments underway.