SCVEDC Blog

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.

SCV Again Hosts Amgen Tour of California

As America’s most successful cycling race, the Amgen Tour of California is one of the nation’s largest and most recognized annual sporting events. Throughout seven stages over seven days, the world’s elite cyclists will contest more than 750 miles of roadways, highways and coastlines from Sacramento to Pasadena. The Amgen Tour of California (ATOC) brings the drama and excitement of professional cycling to California for the 14th consecutive year in 2019 from May 12-18. In 2019, Santa Clarita will return as a host city, bringing the total of stages hosted in Santa Clarita to 14 – the most stages in race history!

California Hosts National Manufacturing Asset Conference

This week SCVEDC joined forces with TeamCA, a private, non-profit that markets communities across the state, as part of the Host Committee for the Industrial Asset Management Council's (IAMC) Spring Forum in Santa Barbara, CA. IAMC, the leading industrial and manufacturing real estate trade association, holds bi-annual conferences to gather national leaders in site selection, manufacturing, and economic development for relationship building, professional development, industry strategies and best practices.

San Fernando Valley International Trade Conference

With more than 2 Million residents, Northern Los Angeles County is one of the most thriving regions for LA area businesses. While known for its concentration of film and entertainment companies, Santa Clarita Valley and San Fernando Valley employ thousands of engineers and designers in the Aerospace sector. Aerospace sector in Los Angeles is the 2nd largest export sector in US behind Washington State with over 4000 firms in Southern California.

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.

Wake Up and Smell the Tax Revenue (Three Reasons Why Economic Development Matters)

How often do you think about your community’s economic development? Never, you say? Or maybe just when that alluring new business “opens up shop”?

We get it. It’s the job of economic development organizations to think about this all the time so you don’t have to!

3 Ways High-Tech Healthcare is Making an Impact

It’s probably no surprise to you that growth in technology over the past few decades has had a significant impact on medicine. Beyond your doctor carrying a laptop to each appointment and improved devices, we’re seeing healthcare evolve to use AI and robots, as well as nanotechnology and VR to improve patient care.

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.

SCVEDC Honors Power Brokers

Here at the Santa Clarita Valley Economic Development Corporation, we’re invested not just in growing our local businesses, but attracting great companies to the region with a focus on industries that provide our residents with high quality, high paying jobs.

A Smart Growth Checklist for Small to Mid-Sized Companies

Congratulations! After months, or maybe years, of hard work, your business is continuing to spread its wings and is ready to leave the proverbial nest.

Making Big Deals Happen – The Top 5 Qualities of a Power Broker

In the world of commercial real estate, there are those who broker, and those who broker.

Here at SCVEDC, we’re invested not just in growing our community, but how it grows. Which businesses are setting up shop in our area, and what kind of jobs are they bringing? We love to fight for the good jobs, the high-paying kind that provide major opportunity right in our backyard.

Podcast Update: Logix, SCV Locations, and CalArts

SCV Means Business Podcast is back with three new episodes, as our president Holly Schroeder speaks with community leaders about matters that affect business in the SCV. This time we’re talking handling leadership transitions, managing location requests for the film industry, and the ripple effect the arts have on economic development.

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.

SCVEDC Hosts Annual Economic Outlook Forecast

Even though economist Dr. Mark Schniepp of California Economic Forecast said to expect a “boring economy” in 2019, SCVEDC’s annual Economic Outlook was anything but. With tickets selling out nearly five weeks before the event date, Holly Schroeder, President & CEO of SCVEDC gave a warm welcome to over 400 attendees that crowded into the ballroom at the Hyatt Regency Valencia. 

Go-Biz Hosting Webinars for Businesses Interested in Applying for Tax Credits

Have you heard about the California Competes Tax Credit?  It’s an income tax credit supporting growth of high quality jobs in California, available to businesses who want to come to, stay in, or grow in our state. Through a two-phase process, businesses apply and compete for this credit during three application periods each year. It’s just one of the many business services the Santa Clarita Valley Economic Development Corporation (SCVEDC) supports in the Santa Clarita Valley, another great reason to explore relocating to the SCV. 

2018 – A Year of Growth and Development for the Santa Clarita Valley

The Santa Clarita Valley Economic Development Corporation’s overarching goals are to support the creation of high-paying jobs for our trained workforce, stimulate economic activity that grows the regional tax base, and strategically position the Santa Clarita Valley (SCV) and its businesses to better compete in the global economy.

The Santa Clarita Valley Keeps Winning

The Santa Clarita Valley has been in the news quite a lot lately -- and for good reason. Those of us who call the SCV home already know it's a great place to live and work, but others are taking notice as well. 

The Ripple Effect: New Development = Job Creation

Pretend for a moment you want to build a new house. What do you need?

Raw materials, certainly. Foundation, wood, brick, glass, etc. You’ll need labor, too. Someone has to design the place, transport your raw materials, and assemble them into something that won’t tip over when the big bad wolf comes around.

Millennials Are Buying Homes in the Burbs

While home values have reached record highs in many American cities and student debt is higher than ever, millennials in some parts of the country are choosing to buy homes anyway. But what makes a good place to live? Where are millennials choosing to live and why?

SCV Means Business: Neotech and Technifex

Among the various industry clusters that call the SCV home, most businesses agree that moving or starting here has helped them in some central way that they can’t ignore. This month we spoke with two companies who are not only pushing boundaries in their respective industries, but also found a home in Santa Clarita to serve their needs.

Workplace Education is the Future

With the constantly evolution across multiple industries and even within individual jobs, it’s no surprise that learning new skills is becoming both a requirement and expectation. It’s no longer enough to “go back to school;” instead, learning has become a continuous process the workforce is expected to integrate into daily operations to keep up with a company's growing needs.

Join us for the 2019 Economic Outlook Conference on March 14

Are you wondering where to get a sneak peek into the economy of the Santa Clarita Valley, the state of California, the United States, and the world? Does your company rely on accurate and up-to-date demographic data for the region? Are you interested in how growth and development will shape Santa Clarita in 2019 and beyond? If you answered yes! to any of these questions, you need to attend our 2019 Economic Outlook Conference!

Small Businesses Drive Employment

Quick -- when you think of companies that drive the engine of our economy forward, which come to mind? Apple? Google?

Like we’ve said before, it may feel like big companies are behind the wheel, but small and medium-sized companies are pulling more than their weight when it comes to hiring and growing the economy, and they have been for some time.

SCVEDC is Here to Help your Company GROW in 2019

A major function of our work at the Santa Clarita Valley Economic Development Corporation (SCVEDC) is to monitor the diverse issues facing businesses in our region and provide support to companies as they work through these issues. This is accomplished in a variety of ways through our business assistance program, our business attraction efforts, and our partnerships with our Board, COC, the City of Santa Clarita and the County of Los Angeles to name a few.

Looking Back on a Good Year

2018 was a very good year for the Santa Clarita Valley, and 2019 shapes up to be good as well. Our local job growth has chugged along in a healthy manner, and we are on track to add several thousand new jobs in the SCV. We are also adding new housing, which is a good thing and will continue to keep our economy in balance as we go forward.

SCVEDC Honored by The Signal as 2018’s Growth Leader

Last week The Signal hosted their annual business awards. Among the honorees was the Santa Clarita Valley Economic Development Corporation (SCVEDC) for Growth Leader. Growth is a very important theme here at SCVEDC. In fact, growing the number of high-quality jobs in the Santa Clarita Valley is our mission.

Must-Attend Events for the Business-Minded and Entrepreneurial Spirits

The weather has changed, and the calendar is reading December, which means 2018 is coming to a close. For some companies that might mean the year is slowing down, while for others business is ramping up. Whether you’re planning what to do with your lighter schedule or in full holiday promotion swing, there are plenty of things to keep you focused on growing your business or career into the new year.

SCV Means Business Podcast Update– Innovative SCV Startups & Mission Valley Bank

Among the diverse companies that make up the SCV economy, there are a few that are providing innovative solutions to current and future industry needs. Many of these businesses are highlighted on the new website Innovate SCV, a partnership we are proud to participate in, fueling entrepreneurial endeavors in Santa Clarita with an award-winning business incubator program and a massive network of support and resources.

Walls up at Needham Ranch Phase 1

Trammell Crow Company (TCC) and Clarion Partners, LLC were joined by City officials and community members to officially celebrate the initial raising of the walls for Phase 1 of the highly-anticipated Los Angeles County business park The Center at Needham Ranch. Phase I occupancy is scheduled for Spring 2019.

Eight SCV Companies make the San Fernando Valley Business Journals list of fastest growing private companies

The San Fernando Valley Business Journal recently recognized Los Angeles County’s fastest growing companies and eight Santa Clarita Valley Companies made the list.