Greetings from the Director

Steven L. Lynch, Director

Welcome to the City of Portsmouth. We appreciate this opportunity to address your information needs concerning the Department of Economic Development. As you navigate through our website, I trust the data and material available will satisfy your inquiry.

The City of Portsmouth is experiencing an exciting period of renaissance and development. We have seen an expansion in our retail base and growth of our existing businesses. The department continues its work to cultivate new business. We are currently managing various projects representing over one billion dollars in new investment. These efforts will result in a stronger City fiscally and an improved quality of life for the citizens.

APM's new private cargo terminal represents the 8th largest project announcement in the history of the Commonwealth.

Portsmouth hosts a variety of industries, the most prominent being associated with the U.S. government as contractors, many are related to the maritime industry (ranging from cargo terminals to ship repair), along with health care and food & beverage. The City is seeking to expand its office base with the addition of national and/or regional headquarter offices as a part of our downtown or other activity centers.

The opportunities for business within our City are vast. I invite you to contact the Economic Development team if you need further assistance. I encourage you to consider the City of Portsmouth, Virginia as the future location for your business' headquarters or regional office.

Thank you again for your interest in Portsmouth!

Sincerely,
Steven L. Lynch
Director of Economic Development

Portsmouth Facts:

Bronze Award Winner – 2007 International Liveable Communities (LivCom) competition.

Located on the world's largest and deepest natural harbor, is home to the nation's oldest naval shipyard, as well as the country's oldest and largest U.S. naval hospital.

Located in right-to-work state
Within 750 miles of two-thirds of the country's population
Regional civilian labor pool of 800,000
Over 1.6 million residents

FOR MORE DETAILS VISIT OUR
BUSINESS CENTER

© 2008 City of Portsmouth, Virginia Department of Economic Development

200 High Street, Suite 200 • Portsmouth, VA 23704 • 757-393-8804 • 800-848-5690 • fax 757-393-8293