Chesapeake, Va. half a Century and full speed ahead. ANNUAL REPORT 2013 City of Chesapeake Economic Development Department 676 Independence Parkway, Suite 200, Chesapeake, Virginia 23320 Tel: 757.382.8040 Fax: 757.382.8050 www.chesapeakeva.biz
[email protected] This year marks the 50th anniversary of the founding of Chesapeake, and it’s appropriate to reflect on how far we’ve come in the last five decades. When Chesapeake was formed in 1963 by the merger of South Norfolk and Norfolk County, our new city had a population of 78,000. Today, more than 230,000 people call Chesapeake home, and we are Virginia’s third largest city. As a testament to our collective successes, Bloomberg Businessweek named Chesapeake one of America’s 50 Best Cities in 2012 and 24/7 Wall St. “Since we work with organizations all around the country, we could has just named Chesapeake one of America’s headquarter our firm just about Best-Managed Cities. anywhere. The City of Chesapeake In 2012, we attracted more than $204 million has repeatedly proven their commitment to Web Teks by in business investment and saw our employment supporting and retaining our rise correspondingly by 1,152. business and others like us. We But in Chesapeake, we don’t rest on our have the comfort of knowing that our city leadership is much more laurels, and continue building foundations for than government, they are our healthy growth. partners. The choice to remain in In October, Figg Bridge Builders opened the Chesapeake is easy.” privately funded South Norfolk Jordan Bridge, Tom Walker, President and Dyanne Walker, Founder & CEO, Web Teks, Inc., a mile-long span designed to carry pedestrians, commuters and commercial transportation, “The collaboration within which cost $140 million to build.