Covington, Va. (VR) – Governor Glenn Youngkin has announced Olde Town Covington as one of nine new communities to receive the prestigious Advancing Virginia Main Street Designation. This designation will provide Olde Town Covington with access to intensive resources and services aimed at strengthening its downtown area, economic growth, and preserving its unique heritage.
Through this designation, Olde Town Covington will benefit from a comprehensive suite of services, including market analysis, marketplace development, capacity building, design assistance, organization development, economic strategies, and façade renderings for redevelopment projects.
These tools will empower Olde Town Covington to revitalize its downtown district and create a thriving hub for residents, businesses, and visitors alike.
“The Virginia Main Street program has been instrumental in nurturing small businesses, growing local economies, and preserving historic downtowns for nearly 40 years,” said Governor Glenn Youngkin. “I applaud these newly designated Virginia Main Street communities for their commitment to revitalization, and I look forward to your community’s continued success.”
Downtowns are the heart and soul of many communities across the Commonwealth, and these newly designated communities are no exception,” said Secretary of Commerce and Trade Caren Merrick. “The Virginia Main Street program offers crucial investments to support their economic development while preserving the unique cultures and histories that make Virginia’s downtown areas such tourism destinations. Main Street investments
are a key driver to making Virginia the best place to live, work, and raise a family.”
“We are thrilled to receive this recognition and the resources it brings to help us build a vibrant, thriving future for Olde Town Covington. This designation is a testament to our community’s hard work and dedication to preserving our historic downtown while fostering economic growth,” said Lisa Akers, Board Member.
Since 1985, Virginia Main Street communities have generated more than $2.6 billion in public and private investment. New businesses locating, expanding, or relocating to Virginia Main Street communities have created more than 27,000 jobs.