SCVEDC Blog

Valencia, California – June 13^th 2024 – Nycote Laboratories Corporation; a leading provider of advanced coatings solutions, is proud to announce a significant expansion with the purchase of a modern detached industrial building. This strategic move underscores Nycote's commitment to meeting the growing demands of its customers and further solidifies its position as a leader in the aerospace, defense and related high tech industries.

Welcome Vallarta and it's corporate employees to the Santa Clarita Valley!

SANTA CLARITA VALLEY, CA – The Santa Clarita Valley Economic Development Corporation (SCVEDC) announced today that California-based Vallarta Supermarkets will relocate its corporate headquarters to the Santa Clarita Valley (SCV) in late 2023. Vallarta Supermarkets has purchased a three-building campus at 28470 - 28490 Avenue Stanford in Santa Clarita. The three buildings that make up the "Valencia Corporate Plaza” encompass 195,387 square-feet of office space. This campus is bordered by Advanced Bionics (HQ), Donaldson, Southern California Edison, and several other small businesses and manufacturers in the Valencia Industrial Center.

After snagging the last available building at the IAC Commerce Center in January, LA North Studios has not slowed down in their drive to meet the fervent demand for production space. On Tuesday last week CBRE announced that the company has signed yet another long-term lease at the previous headquarters of MechanixWear Gloves. Just down the street from their most recent acquisition, this striking building adds 70,550 square feet of industrial space to their inventory. 

Newmark Knight Frank (“NKF”) negotiates 169,854-Square-Foot Industrial Lease at The Center at Needham Ranch in Santa Clarita, CA.

Newmark Knight Frank (“NKF”) announced it has negotiated a 169,854-Square-Foot Industrial Lease at 21480 Needham Ranch Parkway, at The Center at Needham Ranch. The new tenant, Tire's Warehouse, will occupy newly constructed building 10 at the site. Tire's Warehouse will join current tenants Amazon, LA North Studios, Illumination Dynamics, and recently expanded beverage manufacturer DrinkPAK. With this move to SCV from the San Fernando Valley, Tire's Warehouse has now tripled their facility space in North Los Angeles. Phase 1 at The Center at Needham Ranch is completely leased and construction on Phase 2 is well underway, with buildings 11 through 18 still in the works. 

The Small Business Administration has significantly upped the cap for COVID-19 Emergency Injury Disaster Loans (COVID EIDL) from $500,000 to $2 million, providing low-interest, long-term loans for small businesses and nonprofits who experienced or continue to experience economic harm resulting from the pandemic.  

  Last week the IAC Commerce Center celebrated the initial  raising of  the walls in the third and final phase of development.  The 7th  building is a 113,400 square foot Class A industrial  facility. The  construction is expected to be substantially  completed by the end  of this year, and ready for use in Q1 of  2022. Prospective tenants  would join current residents  Amazon, Bay Center Foods,  Happy Returns, and  more. 

DrinkPAK Now Occupies More Than 572,000 Square Feet in Needham Ranch

Six months after signing its first lease in the Center at Needham Ranch (CANR) industrial park, DrinkPAK, the premier West Coast alcoholic and non-alcoholic beverage manufacturer, is already expanding its footprint in Santa Clarita, California.

Currently, DrinkPAK leases 172,324-square-foot at (CANR) and just this week signed two more leases for an additional 400,095-square-feet, bringing their total space occupied to 572,419-square-feet. This location will house the company’s procurement support, complex batching and processing, filling, packaging, and on-site storage and distribution.

Keeping Your LA County Project On Track Through LA County Connect

One of the primary keys to a Commercial Development project is staying on track and maintaining the proposed schedule. This can be challenging when navigating the many agencies and departments in Los Angeles County. Now through LA County Connect, Santa Clarita developers and design professionals can receive expert advice and guidance – tailored specifically for Commercial Development projects in Plan Review. Developers can preview plans, discuss process and timing, and get the answers needed from LA County departments in a timely manner!

Printful Relocates North to the SCV

The Santa Clarita Valley Economic Development Corporation is pleased to announce that Printful, a print-on-demand service based in Charlotte, N.C. is relocating its California facility from Chatsworth to the Santa Clarita Valley, in the Valencia Commerce Center. This new location is triple the size of the Chatsworth site, which will accommodate their increased production demands.

Santa Clarita Valley Chapter Aerospace & Defense Forum Announces New Steering Committee Chair

Eric Jensen, Director of Manufacturing Ramp and Transition at Fralock Inc., steps in as Chair of the Steering Committee of the Santa Clarita Valley Chapter of the Aerospace & Defense Forum as of January 2021. The SCV Chapter was launched in October of 2019 to expand local business collaboration, networking, and information sharing by A&D executives relevant to the business of aerospace, commercial space and defense industries. This eighth chapter of the A&D Forum, sponsored by the Santa Clarita Valley Economic Development Corporation (SCVEDC), has been well received by the SCV aerospace community with strong engagement and event attendance, even through transition to virtual meetings in 2020 due to COVID.

The City of Santa Clarita and SCVEDC Award Local Small Businesses with COVID Relief Grants

The City of Santa Clarita and Santa Clarita Valley Economic Development Corporation (SCVEDC) are excited to announce that 149 small businesses within the Santa Clarita Valley were approved to receive a one-time financial reimbursement for COVID-related expenses of up to $5,000 per individual business, as a part of the Santa Clarita Small Business COVID Relief Grant.

Interested applicants began receiving their approval or denial letters beginning on Thursday, November 19. Verified eligible businesses that have met all specified grant qualifications and requirements can expect to receive grant funds by the end of the year.

LA North Studios to Add Soundstages at The Center at Needham Ranch

Trammell Crow Company (TCC) and Clarion Partners, LLC announced Wednesday that LA North Studios, one of Santa Clarita’s newest and largest soundstage facility and studio operators, has signed a five-year lease to take over 113,640 square feet at Building 5 at The Center at Needham Ranch. LA North plans to convert the space into a fully functioning satellite soundstage hub when it opens in early 2021.

Developers Trammell Crow Co. and Clarion Partners have announced that DrinkPAK, an alcoholic and non-alcoholic beverage manufacturer, has inked a deal to occupy space at the joint venture's The Center at Needham Ranch industrial park in Santa Clarita.

City Council Approves 2020 SCV Small Business COVID Relief Grant Program; SCVEDC Key Partner

Applications are open now through Wednesday, October 28, 2020 at 5:00 p.m.

The City of Santa Clarita is thrilled to announce that the City Council has approved the Santa Clarita Small Business COVID Relief Grant program to help local small businesses impacted by COVID-19. Approval was given during the October 13 City Council meeting. SCVEDC is partnering with the City in order to allow companies across the SCV to apply.

Holly Schroder named Chair of the Los Angeles County Workforce Development Board

Holly Schroeder, President and CEO of the Santa Clarita Valley Economic Development Corporation (SCVEDC) has been selected by fellow Workforce Development Board Commissioners to serve as Chair of the Los Angeles County Workforce Development Board (WDB).

Newmark Knight Frank Negotiates 155,680-Square-Foot Industrial Lease at IAC Commerce Center in Valencia, CA

Newmark Knight Frank (“NKF”) announced it has negotiated a 155,680-square-foot industrial lease at 28820 Chase Place at IAC Commerce Center, which includes two adjacent lots totaling 23 acres, planned to be used as parking for the warehouse employees.

The California Association for Local Economic Development (CALED) announced today to their members that SCVEDC was awarded their prestigious 2019 Award of Excellence in the Programs category for their LiveWorkSCV.com job board. CALED’s annual competition invites economic development members to submit application in four categories, with one Award of Excellence selected for each. The timing coincides with the International Economic Development Council’s Economic Development Week, designed to increase awareness for local programs that create jobs, advance career development opportunities and increase the quality of life in communities everywhere.

SCVEDC HOSTS NATIONAL ECONOMIC DEVELOPMENT WEEK CELEBRATION - MAY 4-9, 2020

SANTA CLARITA, CA – The Santa Clarita Valley Economic Development Corporation (SCVEDC) joins cities nationwide to increase awareness of the positive work economic developers do to enhance local economic impact.

Santa Clarita Valley-based 24/7 Events Announces Major Expansion

24-7 Events, a nationwide event equipment rental company based in Santa Clarita, CA, announced its expansion into a newly constructed industrial property located within the Valencia Commerce Center in Valencia, Calif.

Five Point Holdings, LLC Announces the Sale of First Homesites at new Community in the Santa Clarita Valley

Five Point Holdings, LLC announced the sale of 781 homesites at Valencia (formerly Newhall Ranch) in the fourth quarter of 2019. The Company closed on 711 of these homesites, and the balance is anticipated to close in the first half of this year. The proceeds from the closed homesites were approximately $135 million.

Another Fantastic Fiscal Year for Location Filming in Santa Clarita

The City of Santa Clarita had another fantastic year of location filming in the 2018-2019 Fiscal Year with the Film Office recording 526 film permits and 1,380 film days, which generated an estimated $33.4 million in economic impact to the local community. These statistics represent an increase in the estimated economic impact when compared to the previous fiscal year.

Santa Clarita Business Incubator Welcomes New Tenant

The City is excited to announce that Newhall Media Corporation is joining the award-winning Santa Clarita Business Incubator program. Newhall Media Corporation is revolutionizing the film industry by developing apps to elevate the screen pitch experience and streamline the on-set filming process.

Given Santa Clarita’s long history with film, and being home to several movie ranches, film studios and sound stages, Newhall Media Corporation’s work intersects two of the City’s targeted industry clusters: information technology and digital media and entertainment.

Illumination Dynamics Relocating to SCV

Trammell Crow Company (TCC) and Clarion Partners, LLC announce that Illumination Dynamics has inked a long-term, 67,639 square foot lease at Building 1 at The Center at Needham Ranch in Santa Clarita, CA. Illumination Dynamics is an industry leader in providing lighting, grip and power distribution services to the live entertainment industry and a wholly owned subsidiary of ARRI Group, a global leader within the motion picture media industry and employing approximately 1,500 staff worldwide.

LA County Requests Proposals for Honor Ranch

The County of Los Angeles is offering a rare and unique opportunity to develop a County-owned vacant lot in the Santa Clarita Valley, known as Honor Ranch. The large contiguous land area, freeway access, and high visibility of the Honor Ranch site offers an excellent opportunity for a high-profile, integrated, multi-use development.

CBRE announced Valencia Pipe Company Inc., a division of VPC Global, leased 170,990 square feet at Vista Business Park in Valencia, Calif. for $10.1 million.

Independent Studio Signs Lease in Santa Clarita Valley

CBRE announced an independent studio operator signed a new 166,359 square-foot lease at Rockefeller Crossing, an industrial complex in Valencia, CA owned by LBA Realty.

Lief Organics Expands Again in SCV

CBRE announced Lief Organics, a nutritional supplement manufacturing company, leased a nearly 112,000 square-foot, newly renovated facility in Valencia, CA for their corporate headquarters, manufacturing and distribution center.

New Commuter Bus from Antelope Valley to SCV Industrial Center

On September 25, 2018, the Antelope Valley Transit Authority (AVTA) Board of Directors approved the agency's New Employment Center Commuter Services, creating three new bus routes that will provide service to some of the North County's largest employers in the Antelope Valley and Santa Clarita. The new commuter services, to be implemented within the next 90 calendar days, will create Route 788 servicing manufacturers in the Santa Clarita area with two additional routes servicing companies in the Antelope Valley. The goal is to encourage Antelope Valley-based workers to make the positive change to using public transit as a means of getting to work.