International City Management Association - Retirement Corp. (ICMA-RC), a Washington D.C.-based financial services firm, is expanding to Richmond.
According to the Greater Richmond Partnership and the city of Richmond, the company plans to hire about 100 employees initially and bring more than 100 employees from its D.C headquarters when it moves to Riverfront Plaza in the city’s Central Business District.
While searching for a second location, ICMA-RC narrowed the list of prospective cities to seven, including Dallas and Atlanta. Bob Schultze, president and CEO of ICMA-RC said in a statement, “After reviewing the results of our extensive search, it became clear that the city of Richmond met our needs of a low-cost, high-quality business environment, as well as a location close enough for our home office to continue a productive work flow. The synergy between our Washington, D.C., headquarters and Richmond made the most sense for our operational needs.”
