Allies in Economic Development



Business and Shared Services


Hampton Roads Alliance
Hampton Roads Alliance2 days ago
Today is World Tourism Day! 🌎 Tourism is a huge economic driver for Hampton Roads. From the beautiful, sandy shores of Virginia Beach to the centuries of culture that define the Historical Triangle, Hampton Roads is a great place to explore, and there are countless ways to appreciate the beauty of the region. Today, we thank everyone who plays a part in improving our region's quality of life, allowing the tourism industry to flourish. What is your favorite local attraction or site to visit? Tell us in the comments below!
Hampton Roads Alliance
Hampton Roads Alliance4 days ago
Governor of Virginia Glenn Youngkin announced today that Alliance Investor will build two world-class facilities and create more than 1,000 new jobs in the City of Virginia Beach (Virginia Beach City Government)! Alliance President and CEO Douglas L. Smith stated “In the past few years, Amazon has truly embraced the Hampton Roads community, opening facilities in multiple locations and quickly becoming one of the region’s major employers. Today’s announcement marks yet another milestone in Amazon’s investment in and dedication to Hampton Roads. The Alliance congratulates Amazon, along with the Virginia Economic Development Partnership and Virginia Beach Department of Economic Development on their continued success and thanks them for their commitment to growing the Hampton Roads economy.” Learn more:
Hampton Roads Alliance
Hampton Roads Alliance1 week ago
Hampton Roads Workforce Council hosted their exciting Workforce Innovation Awards last evening at Rivers Casino Portsmouth! 👏 Congratulations to all the winners including Michael Paris, Bureau Manager for Norfolk Economic Development, for being named 2023 Workforce Champion of the Year!

Achieving more for Hampton Roads

With our public and private partners, we can make Hampton Roads more competitive in economic development. The Alliance has revamped its strategy to market the region more effectively, address product deficits that impact our competitiveness, and position us as the leading community in critical industry sectors.

The goals and strategies of the five-year Allies in Economic Development campaign are:

Goal 1: Build a world-class regional economic development system.

  • Targeted Business Development
  • Engaged Next-Generation Marketing
  • Integrated Regional Intelligence

Goal 2: Invest in our sites & our people.

  • Creative Real Estate Solutions
  • Enhanced Talent Recruitment

Goal 3: Strengthen our region's resiliency.

  • Leading Energy Portfolio
  • Emphasis on Diversity & Inclusion

This new strategic plan positions the Hampton Roads region with a competitive advantage to attract jobs and investment in our target industries. Those industries are:

  • Business & Shared Services
  • Information Technology
  • Advanced Manufacturing
  • Distribution & Logistics
  • Food & Beverage Processing
  • Offshore Wind

The Alliance's new five-year plan is expected to bring 7,000 jobs to the region with an average hourly wage of $48.93 ( or with an average salary exceeding $101,000 a year). In turn, these jobs will generate an additional 8,000+ jobs with average annual salaries of more than $75,000. Once the direct and indirect jobs are in place, consumer expenditures in the community are expected to be $728.5 million, and annual bank deposits will be nearly $114 million.

We cannot do this alone. Our public-private partnership funding model brings together the public funding from our local government entities and from businesses and institutions large and small throughout the region that believe a robust and resilient economy will benefit the region and their organization's bottom line. Together, let's grow Hampton Roads, learn more about investing in the Alliance.

Allies in Economic Development Case for Investment

Subscribe today to receive valuable, up-to-date insight on the Hampton Roads region.




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

© 2023 Hampton Roads Alliance. All rights reserved. | Site By: Conway Inc. | Privacy Policy