Franklin

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Hampton Roads Alliance

The Alliance will be representing Hampton Roads at AUVSI Xponential 2024, the unmanned systems industry's largest global conference and exhibition! The Virginia Innovation Partnership Corporation is organizing the Virginia Pavilion - VEDP, Fairfax County Economic Development Authority, the Loudoun County Economic Development Authority, the New River Valley Economic Development Alliance, and the Virginia Coalfield Economic Development Authority will also be there to market our state to members of the unmanned systems industry as the ideal place to locate their manufacturing and business operations.
https://ow.ly/ak0p50RlPas

The Virginia Pavilion will feature cutting-edge innovations at global conference in San Diego.

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Hampton Roads Alliance1 week ago

It was an incredible evening onboard the iconic Battleship Wisconsin! The Hampton Roads Alliance, alongside the Hampton Roads Workforce Council and the Government of South Australia, brought together a dynamic gathering of Hampton Roads business leaders and defense-related companies from Australia for a reception after visiting Hampton Roads for a couple days. From fostering partnerships to sharing insights, it was a fantastic opportunity to delve into the vibrant defense and maritime industry supporting AUKUS. Thank you City of Norfolk Government, Norfolk Department of Development, and Nauticus for hosting us!

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Hampton Roads Alliance1 week ago

Hear from the team at QMS about why these chose Hampton Roads for their new submarine and shipbuilding training institution! #AUKUS

An Australian maritime company announced Tuesday it will set up a submarine and shipbuilding training institution in Norfolk for the short term and will seek a permanent home in Newport…

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Franklin, VA

Franklin is a thriving city found in the southwest of the Hampton Roads region. With exceptional transportation corridors to the Port of Virginia, a Regional Workforce Development Center, ample real estate zoned for commercial use, a passion for start up business growth and an affordable quality of life, the City of Franklin is an ideal location for investment opportunity.

Industry Highlights

Franklin is well-positioned for industrial growth due to the acreage available at Pretlow Industrial Park. It is publicly owned and located directly off Highway 58. The property is zoned M-2 Heavy Industrial, located in an Enterprise Zone, has a 500,000 gallon water tower on site and the option for natural gas to be extended to the park.

The Franklin Business Center is another key proponent for local business success. The building is a 40,000 square foot restored mixed-use incubator serving startups and expanding businesses. The Business Center has office space, support staff and many programs available. It also provides hands-on management assistance, access to equipment, and exposure to critical business and technical support services all under one roof.

Quality of Life

In Franklin, you can enjoy a community where small town amenities abound, including Camp Community College, Southampton Memorial Hospital, Cypress Cove Country Club, Blackwater Regional Library and James L. Camp YMCA as well as many public parks, and the scenic Blackwater river. Franklin is also home to the Historic Downtown Franklin district that carries the only ‘Virginia Main Street’ designation in the Hampton Roads region. This district is home to many unique retail options, a quaint coffee shop, and various eateries.

Data

Industry Employment Breakdown

Industry	# of Employees	% of Workforce
Health Care and Social Assistance	1,149	59.17%
Administrative and Support and Waste Management and Remediation Services	293	15.09%
Finance and Insurance	160	8.24%
Professional, Scientific, and Technical Services	108	5.56%
Wholesale Trade	70	3.60%

Source: EMSI

Demographics

Population	7,949
Median Age	41.5
Labor Force	26,874
Unemployment Rate	2.9%
Median Household Income	2.9%

Sources: U.S. Bureau of Labor Statistics, November 2019; Esri Business Analyst Online, 2024 Forecast; Esri Business Analyst Online 2019 Detailed Age Profile; Economic Modeling Specialists International (EMSI), 2019 Forecast

Key Companies

Birdsong Peanuts

Enviva

Hampton Farms

Paul D. Camp community College

Southampton Memorial Hospital

Franklin Southampton Economic Development, Inc.

Mr. Karl T. Heck, President and CEO
(P) 757-516-7709
kheck@franklinsouthamptonva.com
www.fsediva.com

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Hampton Roads Alliance
3 Commercial Place, Suite 1320
Norfolk, VA 23510
P: (757) 627-2315
F: (757) 623-3081