Chesapeake


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Hampton Roads Alliance
Hampton Roads Alliance3 weeks ago
Want to learn more about how your business can support the growing offshore wind industry in Virginia? Dominion Energy is hosting a supplier event on 2/28 from 9 a.m. – 12 p.m. and 1 p.m. – 4 p.m. at the Chesapeake Conference Center. Local businesses can meet with major suppliers for the project and find out how they can support onshore/offshore construction.

Learn more & register here: www.coastalvawind.com/coastal-virginia-offshore-wind-supplier-event.aspx
Hampton Roads Alliance
Hampton Roads Alliance4 weeks ago
Last month, our investors attended a Virginia Governors Panel with three remarkable former Virginia governors: George Allen, Bob McDonnell, and Ralph Northam. They each spoke about their time as governor, discussing the impact of their initiatives on job creation and economic development. Check out this highlight reel. Thank you again to Amazon.com, our presenting sponsor, and to Old Dominion University for hosting our event.
Hampton Roads Alliance
The Hampton Roads Alliance hosted a bipartisan panel discussion with three remarkable former Virginia governors: George Allen, Bob McDonnell, and Ralph North...
Hampton Roads Alliance
Hampton Roads Alliance4 weeks ago
We’d love to extend heartfelt congratulations to the economic developers who have recently been promoted/hired:

Chuck Rigney, Director of Virginia Beach Department of Economic Development
Kristi Sutphin, Director of Isle of Wight County
Preston Wilhem Deputy Director of Chesapeake Economic Development
Beth Cook, Assistant Director of James City County

The dedication, expertise, and leadership of each individual have undoubtedly contributed to their well-deserved promotions. We look forward to the significant contributions each will make to the economic development of their respective communities.

Chesapeake, VA

At the heart of Coastal Virginia, Chesapeake is uniquely positioned as the “Mid-Point of the Mid-Atlantic" and is the transportation hub of the Hampton Roads region. Geographically, Chesapeake is connected to major waterways and abundant tracts of land and protected wetlands. By having direct access to the Elizabeth River, four major highways, and a quick drive to an international airport, it is clear why Chesapeake is an ideal location for many businesses and residents.

Industry Highlights

Chesapeake is not dominated by a singular industry or company. It’s home to international businesses, Fortune 200 companies. top-ranked medical facilities, and family-owned small businesses alike.

Summit Pointe, located in the dynamic Greenbrier district, is the center of retail, business, and entertainment. It’s campus and high-rise tower is home to over 2,000 employees at Dollar Tree, Inc, a Fortune 200 Company.

Chesapeake Regional Healthcare is a cornerstone to the economic community. A testament to the character of the City of Chesapeake, citizens rallied together with cooperation of city officials to build Chesapeake Regional Healthcare. Today, the independent health care system continuously invests in new services and expanding their facilities to best serve their community.

Quality of Life

Chesapeake is a proud community filled with residents who love where they live. Residents adore their relaxing walks in the City Park, mild commutes to work and shopping, water-based activities, and a variety of festivals and community events.

Data

Industry Employment Breakdown

Industry # of Employees % of Workforce
Health Care and Social Assistance 8,829 18.98%
Administrative and Support and Waste Management and Remediation Services 7,465 16.05%
Professional, Scientific, and Technical Services 7,341 15.78%
Manufacturing 4,805 10.33%
Transportation and Warehousing 4,653 10%

Source: EMSI

Demographics

Population
245,042
Median Age
38.4
Labor Force
122,882
Unemployment Rate
2.9%
Median Household Income
$78,981
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

Chesapeake Regional Healthcare

Cox Communications

Dollar Tree

INIT, Inc

Sumitomo Drive Technologies

City of Chesapeake Economic Development

Mr. Steven Wright, Director
(P) 757-382-8040
scwright@chesapeakeva.biz
www.chesapeakeva.biz

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

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