City of Williamsburg Industry Overview

WILLIAMSBURG, VIRGINIA

Revolutionary Ideas. Historic Opportunities.

Williamsburg is…

• Centrally located

• More affordable than national peers

• Producing world-class graduates

• Hosting a nationallyrecognized foodie scene

• Nurturing entrepreneurs

• Creative

• Innovative

• Welcoming

Our leading industries are…

• Tourism

• Hospitality

• Professional Services

• Retail

• Health Care

We love to brag about our…

• Business Climate

• Financial Support for Businesses

• Livability

• Creative Culture

• Access to Markets

• Travel Destinations Companies grow with us…

• In our strategic proximity to Richmond, Northern Virginia, and Hampton Roads

• Because of our talent pool that includes nearly 3,000 William & Mary graduates annually

• Alongside local, regional, and state grant and tax credit assistance

• As history, art, and recreation draw 6-8 million annual visitors

Stats tell our story...

Williamsburg is a Top 6 travel destination in the U.S.

Two world-class institutions, William & Mary and the Colonial Williamsburg Foundation, anchor $1.3 billion in visitor spending

CNBC rates Virginia No. 1 for education and No. 4 in access to capital

1 million workers are located within the city’s laborshed

90% of Williamsburg residents rate the city as a good or excellent place to live, well above the national average

U.S. News and World Report ranks William & Mary a Top 11 public university

Success in our community sounds like...

“We have been successful because Williamsburg is a location like no other…. Williamsburg has a thriving food, brewery, and spirits scene.”

– TOM POWER Executive Chef at the Fat Canary

“We chose Williamsburg for our second location because of the thriving market. We believe that Williamsburg is something distinctive and original, just like our whisky.”

– RICK WASMUND Owner of Copper

Fox Distillery

“Ripley’s Believe It or Not! expanded to Williamsburg because the region draws over 6 million visitors each year. Williamsburg is a great place to locate whether you are a small, niche tourism business or large anchor destination.”

–

BILL THOMPSON General Manager of Ripley’s Believe It or Not!

“Riverside Doctors’ Hospital continues to make investments in Williamsburg because of the growth and future potential we see in this market. We are an awardwinning hospital because of the quality of providers and staff in this region.”

– ADRIA VANHOOZIER Hospital President at Riverside Doctors’ Hospital of Williamsburg

“Our award-winning hotels are across the U.S.; however, we call Williamsburg home. We are thriving in this historic, charming, talented place. You can thrive here, too.”

–

SCOTT

KUCINSKI Executive Vice President of Sotherly Hotels