​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Virginia Beach Development​ Authority

T​he City of Virginia Beach Development Authority facilitates the expansion of the tax base through increased business investment.
The success of this mission is dependent upon regional cooperation with respect to:

• Infrastructure
  
• Utilities
  
• Education
  
• Legislative Issues
  
• Positive local, regional, national and international identity of Virginia Beach as a location for business
  
• Public/private p​artnerships
  

This mission is carried out with an emphasis on:​​

• Vision

• Creative, innovative leadership​

• Participation in local and regional issues

• Quality development and growth

Over 50% of the office and industrial land developed in the City is directly attributable to the City of Virginia Beach Development Authority’s extraordinary efforts. Municipally-owned sites​, from 3.5 acres to 125 acres, are ready for development. In addition, land at very competitive prices can be made available to new business and existing industry.​

The Authority was established by the Virginia General Assembly in 1964 as a component, ​but legally separate unit, of the City of Virginia Beach. ​

For information on the EDIP program and process, visit this page.​ 

Contact Information​​

Department of Economic Development