A ceremonial mechanical excavator is on site for the groundbreaking at the CoStar Group’s campus in Downtown Richmond in front of the current CoStar headquarters building at 5th and Tredegar streets. CoStar, founded in 1987, provides commercial real estate information, analytics, and online marketplaces for real estate transactions. Community partners, CoStar employees and the public witnessed the ceremonial groundbreaking and announcements about the $460 million project that is projected to bring at least 2,000 new jobs to the area.