Existing Business
Grow Your Corporate Success in Chesapeake, Virginia
With 20 percent of the region’s top employers, including stalwarts like Amazon, Canon, Cox Communications, Dollar Tree, General Dynamics,and USAA calling Chesapeake home, it’s clear our community is a magnet for those seeking expansion and transformation. Our economy is continually infused with multi-million dollar investments and the creation of in-demand jobs, thanks to an expansive transportation network, diversified industry presence, and a workforce adept for the 21st century.
Chesapeake is more than a location; it’s where businesses converge to prosper. Discover how your company can join this exclusive echelon and excel in the supportive business environment that is uniquely Chesapeake.
A Thriving Economic Environment
Chesapeake is celebrated for its robust economy and has become a magnet for corporate success due to its business-centric culture and incentives. With an economy that supports stability and growth, large businesses here enjoy a climate conducive to prosperity and innovation.
Strategic Geographic Advantage
Nestled at the heart of the Mid-Atlantic, Chesapeake is a pivotal gateway offering unparalleled logistical benefits that seamlessly integrate major interstate highways, expansive rail networks, international shipping lanes, and comprehensive global air corridors via proximate ports and airports. This prime location not only significantly diminishes transportation times and costs but also ensures the swift and efficient movement of goods and services across the supply chain.
Moreover, Chesapeake’s strategic position places it within a 750-mile radius of two-thirds of the U.S. population and industrial output, underscoring its role as a critical node in the nation’s logistics and distribution network. The city boasts an impressive regional transportation nexus that includes key north-south and east-west interstate highways, robust rail services, and over 120 miles of navigable commercial waterfront, including 12 miles of deep draft channels, facilitating seamless access to national and international markets. This convergence of transport infrastructure makes Chesapeake a linchpin for businesses aiming for operational excellence and market expansion.
Skilled and Diverse Workforce
Drive your corporate growth with a highly skilled and diverse workforce drawn from the region’s rich educational and military institutions. Chesapeake’s talent pool is bolstered by top-notch universities, technical schools, and training programs, ensuring a steady flow of qualified professionals prepared to meet the demands of various industries.
Local Unemployment Rate in Chesapeake is 2.8%
Compared to U.S. National Average (4.2%).
Source: U.S. Bureau of Labor Statistics (October 2024) | (November 2024)
Lower Worker's Compensation Insurance
Median household income in Chesapeake is $92,633.
Compared to the Median Household Income in Virginia (
Business Incentives
Chesapeake’s government understands the needs of large corporations, offering a landscape imbued with business-friendly tax structures, financial incentives, and development programs. We are committed to providing an environment where your business can achieve its goals with support at every turn.
Chesapeake, Virginia
Quality of Life
A successful business is supported by a content and productive community. Chesapeake boasts a high quality of life with affordable living, excellent education systems, and a myriad of recreational options, making it an attractive place for your employees to live, work, and play.
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