Investor Presentaiton
Benefits of living and working in Petersburg
According to Redfin.com, the cost of living in Petersburg is rated as
"very competitive." The median sale price of a home is $170,000 or
$117 per sq foot. Data from areavibes.com also rates the city's hous-
ing costs at 11% below the national average and ranks primary educa-
tion test scores 22% higher than the national average.
Petersburg is home to Southside Medical Hospital,
a 300-bed hospital. Founded in 1948 by the City of Petersburg,
it was sold to Bon Secours Hospitals in 2019.
Old Towne Petersburg is consistently used as movie and television
backdrops because of its nearly intact 1700s and 1800s architec-
ture. Movies, Harriet and Lincoln were filmed in Petersburg; television
shows, Turn and Mercy Street were also filmed here. The Virginia Film
Office, which is a division of Virginia Tourism and Virginia's Econom-
ic Development Partnership works with the Petersburg government to
assuage permitting and policing for filming on location in a variety of
areas around the city.
Old Towne has over 20 restaurants within walking distance of the
courthouse and boasts numerous museums and shops which are part of
the tourism brochure also located on this website.
Lincoln, Harriet and Walking Dead were
filmed here at The Southside Depot.
Assets in PetersburgView entire presentation