Enterprise Zone
Location of approved zone in Henrico County
What State incentives are available to these firms?
Does Henrico County provide any local incentives?
How do I know if my business or a property is included in the approved zone?
Will designation as an Enterprise Zone change the zoning of my property?
How can I learn more about the West Enterprise Zone and Nine Mile Road Sub-Zone?
Location of Approved Zone in Henrico County
Please click on one of the links below to view maps of the zone. The more detailed maps are a larger file size and may take longer to download.
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Maps of the Enterprise Zone |
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West Zone |
East Zone |
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Laburnum Avenue, Mechanicsville Turnpike, Azalea Avenue, and Richmond-Henrico Turnpike (.pdf) |
Nine Mile Road, Audubon Drive, Williamsburg Road, and South Laburnum Avenue (.pdf) |
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Users may enlarge (zoom in) the above maps.
What is an Enterprise Zone?
The governing body of any county, city or town may make written application to the Virginia Department of Housing and Community Development to have an area or areas declared to be an Enterprise Zone. The purpose of the Virginia Enterprise Zone Program is to stimulate business and industrial growth in such areas, which would result in neighborhood, commercial and economic revitalization. Upon the recommendation of the Director of the Virginia Department of Housing and Community Development the Governor may designate the proposed areas as Enterprise Zones. Upon designation of an area as an Enterprise Zone state and local incentives become available to qualified business firms that participate in the Program.
What State incentives are available? *
The New Enterprise Zone Grant Program regulations were effective May 1st, 2009.
There are two state grants: job creation and real property investment.
Job Creation Grant
The job creation grant is based on permanent full time job creation. Under the new program, the amount of the grant will be based on the wages paid for those positions. Positions that pay 200 percent of the federal minimum wage and are provided health benefits could receive a grant of $800 per year for five years. Positions that pay less that 200 percent but at least 175 percent of the federal minimum wage and are provided with health benefits could receive a grant of $500 per year for five years. Positions that are paid less than 175 percent of the federal minimum wage or are not provided health benefits are not eligible for job creation grants. Job creation grants are based on a calendar year. Positions filled for less than a full calendar year will be prorated based on the number of full months worked.
Real Property Investment Grant
Under the real property investment grant program, businesses making real property improvements are eligible for grants if meeting a $100,000 threshold for rehabilitation or expansion projects or a $500,000 threshold for new construction projects. Any entity or individual making qualified improvements may apply for a grant. Projects with less than $5 million in investment are eligible for a grant based on 20% of the qualified real property investments, not to exceed $100,000 within a five-year period for a specific building or facility. Projects of $5 million or more are eligible for a grant based on 20% of the qualified real property investments, not to exceed $200,000. Grants are based on 20% of the investment amount above the required eligibility investment threshold.
For additional information on State incentives contact the Virginia Department of Housing and Community Development at (804) 371-7030.
* Real Property Investment Grants will be funded from any remaining funds after the Job Creation Grants applications have been funded and will be prorated if the requests exceed the remaining amount.
Does Henrico County provide any local incentives?
Henrico County will provide grants, accelerated development processing, a seven year real estate tax exemption for rehabilitation of certain commercial real estate, commercial and industrial rehabilitation grants for exterior improvements and to correct code violations, employment and training assistance, and technical assistance and regulatory flexibility.
List of Henrico County Incentives 
How do I know if my business or a property is included in the approved zone?
Please click on one of the links below to view a list of the properties to be included in each of the proposed zone.
List of properties in the West Enterprise Zone 
(West Broad Street, Staples Mill Road, Lakeside Avenue, Brook Road, Hungary Road, Woodman Road, Quioccasin Road, Three Chopt Road, Eastridge Road, and Parham Road)
List of properties in the East Zone (Laburnum Avenue, Richmond-Henrico Turnpike, Mechanicsville Turnpike, Nine Mile Road, Williamsburg Road, Audubon Drive, N. Airport Drive)
If you would like to know if your business or property is located in Henrico County's Enterprise Zone, please call the Henrico Department of Community Revitalization on (804) 501-7615 or (804) 501-7614.
Will designation as an Enterprise Zone change the zoning of my property?
No, designation as an Enterprise Zone does not change the zoning of your property.
How can I learn more about the West Enterprise Zone and Nine Mile Road Sub-Zone?
Information about the Enterprise Zone and detailed maps can be reviewed at the Permit Centers in the Eastern and Western Government Centers, at any of the Henrico County public libraries, or at the Department of Community Revitalization. For more information concerning the Henrico County Enterprise Zone or for general information on this subject, call the Henrico Department of Community Revitalization at (804) 501-7615 or (804) 501-7614.