
Virginia Beach is an employer-friendly city with a diversified and robust economy. The growth of demand for Virginia Beach’s business centers only proves this fact. Business proprietors and entrepreneurs enjoy a business environment that is perfectly aligned to meet all the businesses’ needs. The cost of doing business here is well below the national average, thanks to the low tax rates, competitive wages, and the transport infrastructure that provides business access to more than two-thirds of the US population within approximately a two-day drive.
Numbers speak for themselves here. 50% of the ten largest regional employers have decided to get established in VB. 49% of businesses have been operating from the city for more than ten years. At present, Virginia Beach’s business center options host a plethora of enterprises operating in such spheres as life sciences and biomedicine, ICT and cybersecurity, tourism, etc. The city continues to experience growth in population, which is regarded as one of the core indicators of its economic prosperity, as it significantly increases the local labor pool. High-quality office space that is constantly constructed in the area attracts new companies. The city has enough room for growth, so if your business is on its way to expansion - Virginia Beach’s business center rental is a great chance to reserve a suitable workspace that will grow together with your company.
Businesses can count on getting several incentives to reduce the costs of relocating or expanding a facility within the city limits. The development of office parks is one of the strategies aimed at attracting new companies here. Virginia Beach’s business center buildings boast top-notch executive suites that have everything necessary on-site to attract and retain tenants.
Initially known as a tourist hub, modern city is focusing on technology and renewable energy. High-speed subsea Internet cables are landing on the city’s shores, and the massive wind turbines are propelling off its coast. For this reason, the state’s largest city is primed to welcome new companies and industries generating high-end jobs.