SCVEDC Blog

2020 Annual Report

The COVID-19 pandemic brought both health implications and serious economic ones. In 2020, the Santa Clarita Valley Economic Development Corporation celebrated its 10th anniversary, and the work of the organization has never been more vital! SCVEDC continues to focus on business assistance, business attraction and retention, community marketing, and information and data. Despite the numerous obstacles of the past year, there are many bright spots; most notably, the incredible support, innovation, and resiliency of our business community, including the many SCV companies that quickly pivoted to manufacture PPE and sanitizers, or offered their teams in volunteer capacities.

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.

Industrial Market in SCV Never Missed a Beat 

While the COVID-19 crisis initially gave many companies pause for good reason, 2020 was an exceptionally good year for industrial real estate across the board, the Santa Clarita Valley included. In 2020, the SCVEDC was pleased to announce that several new companies chose to locate in the Santa Clarita Valley including two Amazon fulfillment centers, DrinkPAK, a beverage manufacturer, and a state-of-the-art medical testing lab. Several SCV companies expanded as well, including P3 Inc., LA North Studios, Lief Labs, 24/7 Events and Mellady Direct Marketing.

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.

Filming is Back in the Santa Clarita Valley 

Hollywood North has become a common moniker of the Santa Clarita Valley in reference to the large amount of filming that takes place here. And it’s true – there are many TV shows, feature films, music videos and commercials shot in our region. After an industry-wide shutdown affecting film and television productions and thousands of workers due to the COVID-19 pandemic, filming is finally back, and SCV sound stages are filling up quickly. 

SCVEDC is Your One-Stop Resource for Business Needs 

The Santa Clarita Valley Economic Development Corporation’s (SCVEDC) 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. SCVEDC offers many services and resources to local businesses to help the access tax credits and incentives, workforce development and training, provides vital data and information, and connects companies for networking and peer support. 

Lief Labs Expands Again in SCV

Lief Labs, a nutritional supplement manufacturing company, leased a 52,000 SF industrial building at IAC Commerce Center, adding to their 112,000 square-foot facility that houses their corporate headquarters, manufacturing, and distribution center that they leased in October of 2018.

Amazon Inks 2 Deals in the Santa Clarita Valley

Amazon has signed two leases for distribution centers in the Santa Clarita Valley; one in the Needham Ranch development in the City of Santa Clarita and the second at IAC Commerce Center in unincorporated Los Angeles County. 

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.

Inc. Magazine announced its annual list of 5000 fastest growing private companies, and included in the list are eight Santa Clarita Valley-based companies: Hennessey Consulting (290), Hardcore Fitness Boot Camp (506), Beverly Hills Teddy Bear (1016), Lief Labs (1022), Scorpion (1665), Agilisium Consulting (1873), Med Tech Solutions (2577), and KRG Tecnhologies (4252).

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.

SCV-Based Mechanix Wear is Expanding to New Facility

CBRE announced that premier protective glove manufacturer Mechanix Wear, Inc. leased 93,735 square feet of space at IAC Commerce Center in Valencia. CBRE’s Craig Peters and Doug Sonderegger represented the landlord IAC Properties in this transaction. 

Wake Up and Smell the Tax Revenue (3 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!

But how your community’s economy develops is worth your attention every now and again. As we’ve mentioned before, growth is easy – smart growth, however, takes forward thinking and collaboration.

Nasmyth TMF Celebrates Grand Opening

Nasmyth Group, a world leader and global supplier of precision engineering solutions in the aerospace industry based in the United Kingdom, held their grand opening of a new facility in the Santa Clarita Valley (SCV) on March 22. This facility will significantly expand their footprint and ability to deliver metal surface treatments to aerospace and defense clients in SCV and the United States.

Santa Clarita Studios Scores ABC Show & Debuts New Production Offices

On Friday, February 22 Santa Clarita Studios debuted their new production offices to industry peers, business leaders and public officials. Designed for executives, production and post production teams, these 68 state-of-the-art office spaces are supported by 9 kitchenettes and 3 multi-purpose rooms. Santa Clarita Studios is also home to 17 sound stages and other services to assist productions of all sizes and budgets.

Job Creation in the New Economy

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.

Big Changes Ahead for the Santa Clarita Business Incubator

Designed to stimulate economic growth through entrepreneurship and enterprise development, the Santa Clarita Business Incubator is celebrating a significant milestone—graduating the first two participating companies from the program! The City of Santa Clarita is proud to honor Business Incubator graduates Nuhubit Software Studios, LLC and Outlyer Technologies for successfully participating in the Santa Clarita Business Incubator program.

Ribbon-cutting Ceremony Celebrates Grand Opening of Pharmavite “Val-W” Facility

On Wednesday, November 29, 2017, Pharmavite celebrated a Ribbon Cutting Ceremony for their new “Val-W” 229,000 square foot facility located at 28355 Witherspoon Parkway, Valencia, CA 91355 in the Valencia Commerce Center.

Kaiser Permanente's New, State-of-the-Art Medical Building Slated to Open in Early 2018

Last week Kaiser Permanente gave community leaders the opportunity to preview their new facility, Santa Clarita Medical Offices 2. Slated to open to the public in early 2018, this new, innovative medical office building will help meet the needs of our growing population.

Success Story: Scorpion Opens New HQ in the Santa Clarita Valley

Scorpion, an internet marketing company based in Santa Clarita, cut the ribbon on their 100,000-square-foot, custom-designed, built-from-the-ground-up headquarters in Valencia, CA on Friday.

50 acre business park to break ground in Santa Clarita

New Development in the Santa Clarita Valley makes the news again as Trammell Crow Company (TCC) and Clarion Partners announce the acquisition of 54 acres of land for the development of The Center at Needham Ranch, a state-of-the-art business park in the City of Santa Clarita, CA. This project is the first phase of a larger 132-acre, fully entitled site approved for up to 4.2 million square feet of Class A industrial space. Phase 1 is scheduled to break ground in August 2017 and expected to begin deliveries during the Q3 2018.

SCVEDC Visits Hong Kong

As part of its ongoing effort to promote international investment into the Santa Clarita Valley (SCV), and to facilitate export opportunities for SCV companies, SCVEDC President & CEO Holly Schroeder recently traveled to Hong Kong. This was SCVEDC’s first return to Hong Kong since it joined then-Supervisor Michael D. Antonovich for a Chinese trade mission in 2014.

Since the Santa Clarita Valley Economic Development Corporation was formed more than six years ago, it has helped bring thousands of new jobs to the Santa Clarita Valley. We help recruit companies to the SCV, especially companies seeking a more business friendly environment who are at risk of moving out of state. We also help local companies solve problems and access incentives like workforce training programs and tax credits. Job growth in the Santa Clarita Valley outpaces statewide job growth, and in recent years has outpaced residential construction, creating a jobs-to-housing ratio that is now nearly balanced. With new industrial construction underway, we have the opportunity to locate even more jobs here in the next several years.

SetPoint biomedical technology company has signed a long-term lease for more than 14,000 square feet at a research and medical park in Santa Clarita, according to L.A. based-CBRE Group Inc.

The Governor’s Office of Business and Economic Development (GO-Biz) announced that it is now accepting applications for the California Competes Tax Credit (CCTC). Growing companies in the Santa Clarita Valley are encouraged to apply.

I hear it every day – CA is a tough place to do business. Some would say the worst. Sometimes I think we just believe the stories and reputation without thinking about it analytically.

Data tells another story, or at least adds more perspective and insight than the oft-quoted soundbite.

Henry Mayo Newhall Hospital today announced it will debut a new stand-alone Henry Mayo Fitness and Health facility designed to combine physical therapy and rehabilitation programs with a full service fitness center. The hospital has leased the entire 53,515-square-foot former Spectrum Club site, located on Town Center Drive, and expects to open in spring of 2016.

Local landscaping company Gothic Landscape has acquired a new building in the Santa Clarita Valley that will become its new Corporate Headquarters.

State Assemblymember Scott Wilk and the Santa Clarita Valley

Film industry people, studio and movie ranch owners and operators, and members of the Santa Clarita Economic Development Corporation executive committee and board gathered to tour the Disney’s Golden Oak Ranch – the land that Walt Disney first acquired in 1959.