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Quality of Life Matters – Millennials are Moving to the Suburbs
As millennials grow up and begin to settle into their careers and buy homes, it’s hardly surprising that their demands from just a few years ago have changed. A generation that once flocked to apartments in the city is now looking to settle down and start a family – but where are they moving to and what are they looking for?
The Santa Clarita Valley Remains an Important Hub for the Film Industry
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. The last fiscal year was another incredible year for the SCV, in part thanks to the City of Santa Clarita’s film-friendly attitude and Film Incentive Program and the California Film and Television Tax Credit Program which has brought many productions “home” from locations out of state.
LiveWorkSCV.com by the numbers
Have you heard about LiveWorkSCV.com, the new resource from the Santa Clarita Valley Economic Development Corporation? LiveWorkSCV.com is a comprehensive, highly visible job board that matches SCV career opportunities with SCV residents who want a job closer to home.
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.
Spotlight: Leading Tech Companies that Call SCV Home
When you think of “booming tech hub,” you’re probably more inclined to think Silicon Valley than Santa Clarita. But the truth is that over the past few years more companies are moving out of Silicon Valley and looking for locations with a greater quality of life that corresponds to the desires of their workforce.
New Resource to Help SCV Employers Find Local Talent
The Santa Clarita Valley (SCV) is home to many top employers in a wide variety of industries like medical devices & biotechnology, aerospace & defense, digital media & entertainment, information technology, and advanced manufacturing. Despite the fact that SCV residents are highly skilled and often experience long commute times, local employers note that they have trouble hiring talent that lives locally, and they frequently have to cast a wide net to fill open positions. We have also found that residents of the Santa Clarita Valley lack awareness of the types of career opportunities that are offered at local companies.
Trust and Transparency: The Future of Innovation
In a world where technology evolves on an almost daily basis and it can be challenging to decipher between what is real and what isn’t, the growing demand for transparency is greater than ever. For companies whose main business is technology, it is becoming more evident that the only way to fuel future success is to build trust with consumers through open communication and information sharing.
California Competes Tax Credit Application Period Now Open
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.
Digital Healthcare: The Future of Treatment
By now it’s no surprise that the medical industry heavily relies on technology. Patient records are stored and accessed digitally, telemedicine appointments allow you to have a doctor visit from your home, and AI is helping to run diagnostic tests in clinics. But as our health becomes more data-driven, what changes can we expect to see in the way providers and hospitals handle patient treatment?
New Job Skills Training Courses Offered In SCV
Santa Clarita, CA – The Santa Clarita Valley Economic Development Corporation is partnering with College of the Canyons and AMS Fulfillment to offer no-cost and low-cost job skills training courses in the Valencia Commerce Center. These courses are funded by a grant from Wells Fargo.
Elite Media Technologies, a post production company founded in 2010, relocated to the Santa Clarita Valley from Burbank, CA in early 2019. They decided to make the move in part due to water damage at their existing facility, but also because they were quickly outgrowing their space.
The City of Santa Clarita is Ranked One of the Most Business-Friendly in SoCal (Again)
The Kosmont-Rose Institute’s 2018 Cost of Doing Business Survey has again ranked Santa Clarita among the best cities in Southern California.
Three Biotechnology and Medical Device Trends to Watch This Year
Constant evolution in technology has driven change in every aspect of our lives. From the way we consume content and communicate to how we perform our daily job duties, it’s often difficult to remember what life was like before we were constantly connected. When it comes to biotech and medical devices, there is no exception; constant evolution means changing the way we provide and receive care on a regular basis.
Lights, Camera, Action! 4 Reasons Why Santa Clarita Valley IS Hollywood North
Quick question: Where do all your favorite movies come from?
Hollywood, obviously. Right? For decades, the town had a virtual monopoly on big-budget studio pictures to the point where the name has become synonymous with the entertainment industry.
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.
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.
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.
