As a employer of many high tech-workers who would prefer to ride their bikes to work instead of driving a car, my company Summersault has a real stake in having bike parking options near our downtown office. We've even interviewed potential hires who cite the availability of bike parking and other types of alternative transportation support as an important factor in their decision to live and work in a city like Richmond, and with a limited pool of local technical talent to start with, it's in our interest to take that very seriously.
Most other communities have recognized the benefits of having bike parking in a central retail and business district like Richmond's. They're good for business (when cyclists feel invited to shop downtown, they tend to spend even more money in a given area than car drivers do), they help prevent damage to benches, trees and lamp posts, they make for a more orderly-looking streetscape, they prevent theft, and they're relatively cheap to buy and install.
Unfortunately, in all of the time that I've worked in downtown Richmond, there hasn't been any convenient and consistently available bike parking available here.
If Richmond wants to be able to say that it's a city looking forward, a city that wants to attract and retain the modern worker, a city that cares about issues of sustainability and energy usage, it absolutely needs to have bike racks in its central business district.
Hopefully the current dearth of bike parking is about to change.