Activity slows as companies evaluate future market trends.
- 3TWENTY3, a new 120,000 square foot office building, delivered in December with notable tenants set to occupy including Manchester Capital, McGuire Woods, and CoConstruct. The building features ground floor retail, four stories of parking, with five additional floors of office space stacked on top.
- ChamberofCommerce.org released its 2020 "Best Small Cities for Business" with Charlottesville ranking 9th on the list. Methodology for the ranking consists of college education, employment, GDP per capita, and job creation rate, among several other metrics.