The Metro Rankings Report published by Business Facilities Magazine ranks the City of Richmond and its metro area fourth in economic growth potential for mid-sized cities, second in corporate leadership, and seventh in attracting millennials. The report, conducted annually by the staff of Business Facilities, ranks metro areas on a series of relevant economic development indicators ranging from gross domestic product and cost of living to startup viability and “Millennial magnet” status. The Richmond region’s top 10 rankings in three categories come on the heels of an announcement that Amazon will locate a new fulfillment center in South Richmond creating 150 jobs and news that Richmond-based CoStar would add 100 additional jobs to the city. “This acknowledgment from Business Facilities Magazine recognizes Richmond’s strong potential for economic growth, an energized corporate climate, and the desirability of our reliable and diverse job market,” said Mayor Stoney.
Showing posts from July 21, 2019
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Mayor Levar M. Stoney today announced the appointment of Jason Carangelo as Commissioner of Buildings for the City of Richmond. A registered architect and LEED accredited professional, Carangelo brings 20 years of professional experience to Richmond. In his previous position, Carangelo served as the building inspections administrator for the City of Savannah’s Development Services Department, managing a building construction investment portfolio of over $4 billion. In his new role, Carangelo will oversee administration of the city’s Permitting and Inspections Division as well as the Division of Code Enforcement. Over the last two years, the city’s Permitting and Inspections Division has experienced a 100% increase in permit applications, illustrating the substantial development interest and investment in the city. The new commissioner will now report directly to Sharon Ebert, DCAO for Economic and Community Development, reflecting the commitment to focus on the growing