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Hopewell’s Re-Awakening

A RENEWED FOCUS

The creation of the City of Hopewell’s 2003 Downtown Development Plan and our Main Street designation in 2011 are both evidence of Hopewell’s re-awakening. The City has invested close to $15 Million dollars in the form of new streetscapes, the re-opening of the Beacon Theatre, a beautiful new library, a remodeled Marina, and the public-private partnership that fueled the redevelopment of the Butterworth warehouse into the Butterworth Lofts.

MORE THAN $2.5M INVESTED IN OUR COMMUNITY

Since Main Street designation, the Hopewell Downtown Partnership (Hopewell’s Main Street organization) has captured nearly $2.5 million for Downtown in the form of grant funds, technical assistance, and sponsorships and spurred over $20 million of public and private investment through its championing of revitalization. From new festivals to major property redevelopments and rehabs, Downtown Hopewell is beginning to make a comeback. We invite you to be a pioneer and to get in on the ground floor with us.

DOWNTOWNS ARE MAKING A COME-BACK

For the past 60 years, our nation has focused on an auto-centric suburban sprawl mentality that has presented enormous challenges in respect to the environment, the country’s infrastructure, and the overall quality of life.

Many Americans are starting to recognize that a shift is needed, especially in light of the dire economic choices this country now faces. Consumer preferences and where they choose to live are beginning to change so they don’t rely so heavily on unsustainable resources.

CHANGING TRENDS

According to the latest research, professionals prefer living in downtowns but are moving away from large urban centers due to the ongoing pandemic and soaring housing costs. Downtown Hopewell’s size, location, history, and affordability make it an ideal community to capitalize on these new trends and pave the way for the upward mobility of the city at large.

JOB MARKET

While in some areas, the jobs market may be shrinking, in Hopewell and the Tri-Cities region, the market is actually expanding. Consider the recent expansion of Amazon into nearby Chester and Dinwiddie. The opening and full operation of the state-of-the-art ethanol plant in Hopewell, the expansion of the Commonwealth Center for Advanced Manufacturing in nearby Prince George which houses the likes of Rolls Royce, Cannon, and Airbus.

Additionally, Ft. Lee, which is located halfway in Hopewell and halfway in Prince George County, is one of the largest military bases in the country! The customer and employment market is large, and the region is just waiting for the right businesses to unlock its potential.

©2024 Hopewell Downtown Partnership. | Registered 501(c)(3). EIN: 26-1282648 | Site by Hofbauer Consulting

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