Virginia is known as the 'Old Dominion State' as it was the first colonial establishment in the mainland of British America. The state has some of the most extensive history in the country, beginning with the indigenous groups that included the Powhatan. It was in 1607 that the London Company established its first permanent New World English colony as the Colony of Virginia. Some of the most popular homes are 4-bedroom with a traditional style.
The state is divided into 95 counties and 38 cities. The largest cities in Virginia are Virginia Beach, Norfolk, Chesapeake, Arlington, and Richmond. Virginia Beach has several neighborhoods and growing communities, which include Great Neck Point, Green Run, Princess Anne, and Red Mill Commons. The area is popular for its proximity to the water as well as the humid subtropical climate. As the capital of the state, Richmond is another popular area to live. The city contains diverse and popular styles of architecture, including important examples of Federal, Georgian, Tudor Revival, Art Deco, International, and Postmodern buildings. It is estimated that nearly a quarter of the original architecture was burned in the evacuation fire of 1865. The urban residential neighborhoods are trademark to the city and include Carytown, Jackson Ward, Oregon Hill, the Fan, and the Museum District. It is no surprise that increase in the city's population has been concentrated to these particular areas. Museums and monuments also are characteristic of the city's culture.
Richmond, Virginia's capital, is home to are six Fortune 500 companies . The city was also named the third-best city for business, following behind Minneapolis and Denver. Richmond's economy is sustained by finance, law and government. There are several important banking firms that can be found in the downtown area. Richmond's location on the James River has been the source of continuous economic development. Richmond is also the home of Virginia Commonwealth University (VCU) and the University of Richmond.