News & Insights
Business Climate
Reap the benefits of state and local government dedicated to cultivating a dynamic business climate. White Oak Technology Park is located in Henrico, Virginia – one of the best-run localities in the nation. Henrico’s commitment to its business community and residents is reflected in low taxes, exceptional public services, and strategic deployment of public assets. As a result, Henrico is home to seven Fortune 1000 company headquarters and more than 25,000 individual businesses, and ranks second in Virginia for total employment.
White Oak Technology Park benefits from the Commonwealth of Virginia’s pro-business statutes and economic development support. Virginia maintains a robust network of transportation and shipping infrastructure, strong incentive packages for qualifying projects, and a deep labor pool – including the highest concentration of tech workers in the nation. As a right-to-work state, Virginia has one of the lowest private sector unionization rates in the U.S., at 2.5%.
Existing Industry
Skilled Workforce
Competitive Taxes/Low Operating Costs
Business Incentives
News & Insights