Expansion and Growth in Richmond and Petersburg, Virginia

Hadad Lake in Richmond VA.
Hadad Lake in Richmond VA. | Source

The Gateway Region of Virginia

The Richmond-Petersburg Metroplex of Virginia is home to approximately 1,100,000 people with a median household income in this Metroplex of $52,000+.

The three top local industry cluster in the large community include Management, Sales, and Service companies and occupations. The City of Richmond has been the Number One city in the US for expansion of incoming European business since the turn of the century.

Richmond-Petersburg Metro Area

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A markerRichmond VA -
Richmond, VA, USA
[get directions]

B markerPetersburg VA -
Petersburg, VA, USA
[get directions]

Additional Local Economies

Education, Health Services, and Government Occupations are steadily growing Industries in the Metroplex and are expected to continue expansion. The long time tobacco industry continues to provide job openings in agriculture and manufacturing.

Logistics is another healthy industry, based on the number and size of businesses in the Greater Richmond Area and the ample transportation and shipping services available. In fact, this Metroplex is the Gateway Region of Virginia, offering these 10 major companies involved in transport and freight:

  • United Parcel Service (UPS),
  • Wal-Mart Associates,
  • Food Lion,
  • Standard Motor Products,
  • Grayson Mitchell,
  • DSC Logistics, Inc.,
  • Abilene Motor Express,
  • R & L Carriers Shared Services
  • American Freightways, and
  • Genuine Parts Company.

Monument Avenue

Jefferson Davis Monument
Jefferson Davis Monument | Source

Finance, Sales, and Service

The Largest Non-Government Employers in the Richmond-Petersburg Metroplex are in the following list of financial, health, and sales establishments:

  1. Capital One Financial Corp
  2. HCA Inc
  3. Virginia Commonwealth University Health
  4. Wal-Mart Stores - Retail Sales
  5. Wachovia Corp. - Financial Products.
  6. Bon Secours Richmond Health

In addition to his list. Rolls Royce operates a large aerospace engine manufacturing concern in Prince George County in the Metroplex.

The Virginia Biotechnology Research Park and the Medical College of Virginia have produced a surge in medical science and bioscience products and jobs as well.

The Research Park covers over 34 acres in Downtown Richmond and additional branches in surrounding counties. Not surprisingly, Virgina is the 5th largest employer of tech workers in the United States.

Short Pump Town Center Mall (public domain).
Short Pump Town Center Mall (public domain).

Groiwing Jobs in Richmond - Petersburg

The Top 10 Jobs that provide the greatest numbers of openings through 2018 include the following occupational titles and their approximate average annual earnings:

  1. Truck Driving with CDL/ Owner-Operators - $50,000+
  2. Registered Nurses $48,000+
  3. Sales Representatives, especially Wholesale & Manufacturing and especially Aerospace Manufacturing - Increasing salaries and commissions, bonuses
  4. General & Operations Managers $85,000
  5. Management Analysts $76,000
  6. Elementary School Teachers, Mainstream $44,000
  7. Computer Software Engineers, Applications $68,000
  8. Computer Systems Analysts $68,000
  9. Secondary School Teachers, Mainstream $46,000
  10. Bookkeeping, Accounting, & Auditing Clerks $35,000+

Over 1,000 technology companies operate from this Greater Richmond Area and they employ workers in many of the list of jobs above.

The average annual wage of the 500,000+ workers in the Richmond-Petersburg combined area is over $40,000.

Petersburg Courthouse.
Petersburg Courthouse. | Source

Foreign Business and Immigration Boost Economy

The Richmond-Petersburg Area supports more than one million individuals. European business concerns make up an increasing proportion of the metropolitan area's economy and add to its growing population as a result.

Global business and the number of International job seekers is increasing in this area, reflecting on its proximity to the nation's capital and a burgeoning regional Aerospace and Defense Industry from the East Coast to the Space Corridor of Ohio.

The number of documented immigrating individuals into Richmond-Petersburg follow this list of the Top 10 Countries of ingress, according to the US Center for Immigration Studies in the early 21st century:

  1. Vietnam
  2. Russian Federation
  3. China, Hong Kong & Taiwan
  4. India
  5. United Kingdom
  6. Philippines
  7. Korea - This nation has become active in aerospace.
  8. Germany
  9. El Salvador
  10. Mexico

When considering the foreign-born who are living in Richmond-Petersburg, the number is under 5.0% of the population. However, their international businesses invested over $1.3 Billion in the Metro Area in just two years from 2000 - 2002 and the amount of investments have increased since that time.

Virginia's first technology business incubator is located inside its BioTechnology Research Park.

Virginia BioTechnology Research Park & New Businesses

The Virginia BioTechnology Research Park is a functioning partnership among VCU, the Commonwealth of Virginia, and the City of Richmond.

The research park is a business complex on 34 acres next to the VCU Medical Center Campus in Downtown Richmond, Virginia. It provides space for 3,000+ researchers, scientists and engineers in nearly 2,000,000 square feet of offices, lab space, and meeting areas. Its satellite branches in two additional counties in Virginia add even more space and talent.

The state's first technology business incubator is located inside this enormous research park.

The business incubator offers 27,000 square feet of labs, offices, meeting venues, and support services space in order to help new business get off the ground and running in the Greater Richmond Area. The successful incubator has brought multiple dozens of new technology companies to the Richmond-Petersburg Metroplex and to the Commonwealth of Virginia. .

The research park serves state and national medical facilities, including laboratories, and participates in research and development in the fields of forensics, biotoxins and methods of testing them, and best practices for management of the processes in organ transplants for America nationwide.

The research park and business incubator is a source of increasing numbers and types of jobs in the Greater Richmond Area, which may be found at the links below, along with company information.

Virginia BioTechnology Research Park

A markerVirginia BioTechnology Research Park -
Virginia Biotechnology Research, MCV Campus Virginia Commonwealth University, 800 East Leigh Street
[get directions]

Native American Reservations and Business

Two Native American Reservations are located within the Greater Richmond Area and these are the reservations the Mattaponi and the Pamunkey peoples. Both of these reservations support themselves through their own tribal businesses.

The Pamunkey are enterprising, They operate a museum, a fishery, and a pottery works, among other businesses, while the Mattaponi have a fish hatchery and an attached Marine and Science Center. Both Native North American Nations are successful in business.

An annual Pow Wow is held each June each year by these nations and is located just northeast of Richmond in King WIlliam County.

Native American Businesses

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A markerPamunkey Reservation, King William County -
Pamunkey Indian Reservation, West Point, VA, USA
[get directions]

B markerNative Museum, King William County -
Pamunkey Indian Museum, 175 Lay Landing Road, King William, VA 23086, USA
[get directions]

C markerMattaponi Reservation, King William County -
Mattaponi Indian Reservation, West Point, VA 23181, USA
[get directions]

Local Sports

College Sports

League Sports

Other Local Recreation and Sports

  • SunTrust Richmond Marathon
  • 3Sports - Endurance sports: Running, Swimming & Cycling.
  • Richmond Baseball Academy
  • Petersburg Sports - Petersburg Generals Babseball, East Coast Bowl: National Football Foundation
  • Petersburg Sports Complex

Pocahontas Bridge & Island, St. Petersburg.
Pocahontas Bridge & Island, St. Petersburg. | Source

Colleges and Universties

Medical/Heathcare Training Schools

  1. Virginia Commonwealth University School of Medicine
  2. Bon Secours Memorial School Of Nursing
  3. St Marys Hospital School Of Radiologic Sciences

Other Higher Education Facilities

Technical/Vocational Training

  • ECPI Technical College: 800 Moorefield Park Drive - Richmond, VA 23236
  • Beta Tech
  • Braxton School
  • Industrial Training Company

Insurance Seminars

  • Moseley-Flint School Of Real Estate

Musical Training

  • Salem College Community Music School: 210 N Mooreland Rd, Richmond, VA‎ - (336) 721-2600

Barber/Beauty

  • Richmond Barber School
  • Janards Beauty School
  • Johnsons Beauty Academy
  • Twin Image Beauty Academy

Theology Training

  • Baptist Theological Seminary at Richmond
  • Richmond Virginia Seminary
  • Union Theological Seminary and Presbyterian School
  • Virginia Institute of Pastoral Care

© 2008 Patty Inglish

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