The James River, Chesapeake Bay and nearby Atlantic Ocean provide abundant water recreation. Waterfront homes are surprisingly affordable, and executives can choose among several golf club communities. Area attractions include Colonial Williamsburg, along with Busch Gardens. World-class museums include the Mariners' Museum and the Virginia Living Museum. Cultural amenities such as symphony, ballet, opera and theater are available.
Incentives are available for firms that create jobs and significantly add to the tax base.
Newport News offers the most generous local incentive in Virginia for qualifying companies in its North Enterprise Zone, and tax credits from the state are available to companies that locate in any of the city's four enterprise zone areas. It has developed or redeveloped more than 1 million square feet of industrial and office space for direct sale or lease to a variety of companies, and structured both capital and operating leases. Newport News' approach to economic development is definitely solution-driven. All Rights Reserved. Site Disclaimer .