Economic Development


Over the past four years, businesses announced 4,500 jobs coming to Hampton.

During the same four-year period, the announced new capital investments in the city have exceeded $318 million. Almost 900,000 tourists generated a record $205 million in economic activity for the third year in a row.

Anchored by aerospace and defense facilities, advanced manufacturing, major medical centers and higher education, Hampton attracts high-tech businesses and a skilled workforce.

Strong research institutions such as the NASA Langley Research Center and the National Institute of Aerospace call Hampton home. Together, they offer unique research, innovation and entrepreneurial opportunities. Hampton University and Thomas Nelson Community College help provide Hampton with a highly-educated workforce.

Hampton is situated at the center of the Hampton Roads region, providing direct access to Interstates 64 and 664 as well as excellent access to two international airports, the Port of Virginia and Interstates 95 and 85. Nearly two-thirds of the nation’s population is within a day’s drive of Hampton, and more than half of the country’s manufacturing and industrial base is within 750 miles of the city.

Hampton’s strong mix of industry clusters, progressive business environment and great quality of life make it the perfect place to expand or locate your business.

Newport News

Newport News is a highly successful, transformational community that balances economic activity and livability. It is a place where great things are happening.

The city’s economic foundation is historically based largely on livelihoods benefiting from the constant presence of water – shipbuilding, fishing and both naval and commercial transport networks. Over the past 40 years, the city has evolved into a community now defined by science and technology industries balanced among commercial and military applications, research facilities, higher education, advanced manufacturing, distribution and health care.

The community’s stable economy, topped off with abundant lifestyle amenities and educational opportunities, makes Newport News a wonderful place to live. Its population of over 182,000 citizens is served by world-class performances at Christopher Newport University’s Ferguson Center for the Arts, a collection of museums featuring science, maritime, art and natural history and one of the largest municipal parks east of the Mississippi. Award-winning Newport News Public Schools ensure that all students graduate college, career- and citizen-ready. Coupled with our area’s magnet, charter and private schools, options for excellent education abound.

From business and educational opportunities to entertainment and recreation, Newport News has something for everyone. Come grow with us!