SCVEDC Blog

Los Angeles Makes the Short List for Amazon's HQ2

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Los Angeles Makes the Short List for Amazon's HQ2

The Santa Clarita Valley is a perfect location for Amazon's HQ2Today Amazon announced its list of top 20 finalists for their new headquarters, and Los Angeles was named among them. As the only West Coast location on the list, LA County came in as a strong contender for the new HQ which is expected to be housed in up to 8 million square feet of commercial buildings that are sustainable, fiber-connected, close enough to walk between and situated on 100 developable acres.

Mythbusters: Why Growth is Good

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Mythbusters: Why Growth is Good

Hi there! SCVEDC Mythbusters here. Today we’re tackling a tough and persistent question: Is growing a community a good thing?

We’re no Adam Savage and Jamie Hyneman but, lucky for us, debunking this myth doesn’t take a rocket scientist!

Let’s dive right in…

Valencia recognized as one of 5 LA and OC tech areas to watch in 2018

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Tech startup comparison chart In the past year we have seen tremendous momentum as more and more tech companies are either relocating to the Santa Clarita Valley (SCV), or are founding their startups here. Whether you’re an employer or employee, there are real, tangible financial advantages to setting your startup in the SCV. Others are taking notice. Earlier this week Built in Los Angeles called Valencia in the Santa Clarita Valley one of 5 emerging LA and OC tech areas to watch in 2018.

2018 - Live, Work, Play in SCV

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2018 - Live, Work, Play in SCV

January – a time to reflect on the previous year’s successes and set goals for the new year.  2017 was an exceptional year for the Santa Clarita Valley economy, and 2018 promises even more positive growth! Here are seven reasons for optimism:

FDA Approves Investigational Device Exemption for SetPoint Bioelectronic Therapy Clinical Study in Rheumatoid Arthritis

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FDA Approves Investigational Device Exemption for SetPoint Bioelectronic Therapy Clinical Study in Rheumatoid Arthritis

SetPoint Medical, a clinical-stage biomedical technology company developing an implantable bioelectronic medicine therapy for chronic inflammatory diseases, has received Investigational Device Exemption (IDE) approval from the U.S. Food & Drug Administration (FDA) to initiate a pilot trial in the U.S. for patients with drug refractory rheumatoid arthritis (RA). SetPoint’s proprietary bioelectronic device will be surgically placed on the vagus nerve and activated based on a predetermined dosage schedule to evaluate safety and efficacy.

Construction on The Center at Needham Ranch Begins

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Construction on The Center at Needham Ranch Begins

Trammell Crow Company (TCC) and Clarion Partners have begun construction on The Center at Needham Ranch, a 54-acre, state-of-the-art industrial business park in Santa Clarita, CA. The 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 expected to begin deliveries during the Q3 2018. A ceremonial groundbreaking event is being held on December 12 that was attended by public officials, the development team and other parties.

4 Business Resources Every Startup Needs

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4 Business Resources Every Startup Needs

Good news, entrepreneurs: almost everyone wants to see you succeed.

Since September, we’ve been posting a lot of tips and resources to help you realize your startup dreams. That’s not an accident; it’s what we’re here to do. When you succeed, our community succeeds. Startup companies help create almost all new jobs in America, and startup innovations enrich our lives.

Nine SCV Companies make the SFVBJ’s list for Fastest Growing Private Companies

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Nine SCV Companies make the SFVBJ’s list for Fastest Growing Private Companies

The San Fernando Valley Business Journal recently announced their list of the 50 Fastest Growing Private Companies of 2017. Among the honorees are nine companies from the Santa Clarita Valley!

Read below to find out more about these expanding SCV companies:

IAC Commerce Center Celebrates the Completion of Phase 1

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IAC Commerce Center Celebrates the Completion of Phase 1

CBRE and IAC Properties announced the completion of the first phase of the new nine-building 1.3 million square-foot IAC Commerce Center in Valencia, California, one of the largest commercial projects in the region. As the three-building Phase1 is completed, CBRE and national developer IAC Properties welcome two tenants -- Accurate Freight and Covercraft -- to the state-of-the-art project situated in North Los Angeles County.

Two SCV Companies Expand Operations

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Two SCV Companies Expand Operations

Accurate Freight and Covercraft, two Santa Clarita Valley (SCV) companies, commit to the region and expand their operations into larger facilities. They are the first tenants in the recently completed Phase 1 of IAC Commerce Center, located off Highway 126 in the SCV.

Economic Development Corporation CEO talks future of SCV business

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Santa Clarita Valley professionals gathered at the Valley Industry Association lunch Tuesday to hear a keynote address from SCV Economic Development Corporation’s (EDC) President and CEO Holly Schroeder.

Biomedical Firm Avita Medical Moving to SCV

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Biomedical FirmAttracted by a growing cluster of medical device and bioscience companies, Avita Medical will move its headquarters staff of 25 from Northridge to Santa Clarita by the end of the year. The company specializes in the treatment of wounds and skin defects, including chronic wounds, acute burns and aesthetics.

Business is Thriving in the SCV

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We all know Santa Clarita for the master-planned communities, excellent school systems, expansive parks and trails, and overall awesome lifestyle. Many local residents, however, are unaware of what's growing in our valley: business. While most of us drive from one end of this "small town" to the other, we rarely stop to notice that Santa Clarita is home to some major industry giants: Six Flags, Princess Cruises, Quest Diagnostics, Advanced Bionics, Samsung, Sunkist and soon, Logix Federal Credit Union.

SetPoint Signs Lease at Mann Biomedical Park

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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.

Aerospace Firm Moves to Valencia from No. Hollywood; Good Vibe

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Aerospace company Air Bolt Group of North Hollywood signed a 10-year lease in March for an 8,500 square foot building on Avenue Crocker in the Valencia Industrial Center. NAI Capital helped broker the deal. Additional terms of the lease were not disclosed. Air Bolt manufactures latches, struts, buts and bolts for commercial aircraft.

SCVEDC Awards Attraction Incentive to Richard Photo Lab

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SCVEDC awarded Richard Photo Lab an Industry Cluster Attraction Incentive (ICAI) of $23,694 today. Richard Photo Lab relocated to the Santa Clarita Valley in 2015. As a company in the Digital Media & Entertainment cluster, the company was eligible for the incentive.

CDS Doors Moving to Santa Clarita

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CDS Doors, manufacturer of quality cooler and freezer glass doors, is relocating to the SCV after the first of the year. The company has acquired a 50,000 square foot building in Canyon Country on Sierra Highway.

Imagining Potential for Film Growth at Disney's Golden Oak Ranch

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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.

SCV Scores a Win

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Last week, the Santa Clarita Valley Economic Development Corporation (SCVEDC) announced that Logix Federal Credit Union will be moving its headquarters to the Santa Clarita Valley.

Logix Federal Credit Union announces plans to move HQ to SCV

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Logix Federal Credit Union — a longtime Burbank fixture with ties stretching back to the area’s aviation heyday — will relocate its headquarters to the Santa Clarita Valley, officials announced today.

The credit union, which has operated in Burbank for 78 years, confirmed its plans in an announcement Tuesday.

“After careful analysis of options that included alternate locations, as well as expansion on the current headquarters site, the Logix board determined the best long-term option is in the Santa Clarita Valley,” said Dave Styler, CEO of Logix, in a statement.

Founded as the Lockheed Aircraft Federal Credit Union in 1937 to serve employees of the aircraft company, the credit union has more than 150,000 members and more than $4 billion in assets, and currently has four branches in the Santa Clarita Valley.

SCVEDC Announces Logix Federal Credit Union Moving HQ to SCV

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The Santa Clarita Valley Economic Development Corporation is pleased to announce that Logix Federal Credit Union will be moving its headquarters to the Santa Clarita Valley. Logix has acquired a 12-acre vacant parcel in the Valencia Commerce Center near the junction of Interstate 5 and State Highway 126.

Top 5 Myths about the Santa Clarita Valley

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The Santa Clarita Valley is a great place, but there are a lot of misperceptions about it. I hear a lot of beliefs about the SCV that just aren't true, so let's take a look at the top myths:

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