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Showing posts from October 23, 2016

Mayor Jones Welcomes CoStar Group to Downtown

Mayor Dwight C. Jones welcomed CoStar Group to downtown Richmond during a press conference held with Governor Terry McAuliffe today.  The Governor announced that CoStar Group, the leading provider of commercial real estate information, analytics and online marketplaces, will invest $8.17 million in a new research and software development center in Richmond. Virginia successfully competed against states in the Southeast and Midwest for the project, which will create 732 new jobs and have a total economic impact of $250 million.

“We are thrilled to welcome CoStar Group to Virginia and to our capital city,” said Governor McAuliffe, speaking at the event. “This will be a transformational project for the City of Richmond and the greater metropolitan area, bringing a new, high-profile corporate partner and more than 700 high-paying jobs. With our outstanding technology infrastructure and our unparalleled higher education system, the Commonwealth is a hub for the IT sector and the perfect ho…