Kind of a Big Deal – 2017 Transaction of the Year
Last week we talked about power brokers and the major impact they have on the communities they work with.
Today we honored our area's power brokers where we revealed the transaction that had the biggest, most positive impact on commercial real estate in our region in 2017 – our “Transaction of the Year”.
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. What types 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 own backyard.
Supercharged Santa Clarita Valley
Tesla owners rejoice! Dale Donohoe of Intertex Properties is pleased to announce that a new Tesla Supercharger station is set to open by the end of the week. Located in the Bridgeport Marketplace parking lot, this charging station is the first of its kind in the Santa Clarita Valley with 24 charging stations.
CalArts Joins Forces with SCV Business Community for a Digital Expo That's Going to be Better Than Ever
California Institute of the Arts (CalArts), a world-class art institute in Santa Clarita, is teaming up with the Santa Clarita Valley Economic Development Corporation (SCVEDC), the Santa Clarita Valley Business Journal (SCVBJ), and Pitch Globally Media at their upcoming Digital Arts Expo with a series of events to be hosted on campus during the annual Expo on Thursday, May 3, 2018. These events are part of CalArts’ continued effort to extend their reach into the local community and bring community members and business leaders to campus to showcase the phenomenal talent that is nurtured there.
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.
The Stress Isn’t Worth It! 10 Benefits of Living Close to Work
Think about how long your workday is. If you’re counting the hours from the minute you sit down at your desk, you’re doing it wrong.
Your workday really starts the second you leave your home, and lasts until you’re back through your front door. Yes, you may only spend eight or nine hours in the office, but once you factor in the commute, what’s the grand total?
Career Kickstarter: 5 Advantages of Taking an Internship
Last week we talked about the myriad ways companies can benefit from taking on an intern or two.
Today we’d like to flip the script and address all the young people out there – those of you who know what “on fleek” means and can name one or more of the current or former One Direction members. 😊
SCVEDC Hosts Annual Economic Outlook Forecast
March 8, 2018 – Tournament Players Club Valencia (Valencia View Room)
The skies were sunny and so was the economic outlook for our region at the annual Economic Outlook Forecast Conference held on Thursday, March 8.
The speaker lineup that addressed the full house included:
This year’s conference had a record number of sponsors AND attendees! Held at a new temporary event venue (called the Valencia View Room) on the grounds of the Tournament Players Club, event participants were treated not only to the latest economic data for the Santa Clarita Valley but also spectacular views of the entire valley.
The Millennial Edge: 5 Advantages of Offering an Internship
If you’ve never personally taken an internship, know that the great ones always involve more than just fetching coffee and sorting mail.
A great internship is a true partnership. The young person gets valuable, real-world experience (and, sometimes, a nominal paycheck), and in exchange the business gets an asset that, with a little investment, gives a return that’s near impossible to achieve with regular employees.
Working in Santa Clarita: Big Names, Big Jobs
When it’s time to take your career to the next level, there’s a misconception that you’ve got to start by packing your bags.
After all, if you want to make it big in business, you’ve got to move to a big, hustle-and-bustle city like New York City or Chicago or Los Angeles, right? Or else live nearby and waste hours of your life commuting back and forth to work.
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.
Aerospace and Bioscience Coalitions Enjoy 3D Printing Technology Overview at Stratasys Direct Manufacturing
On February 22, SCVEDC organized a visit for our aerospace and bioscience coalition members to Stratasys Direct Manufacturing, a leader in 3D printing and advanced manufacturing services. More than 30 attendees enjoyed an overview of nine technologies used in 3D printing for conceptualization, rapid prototyping, and even final parts production, as well as a tour of the facility to see a range of 3D printing technologies and materials in action.
We are excited to announce our newest speaker for this year's Economic Outlook Conference! Scott Williams (pictured far left) is a producer and writer best known for his work on Santa Clarita Valley-basedNCIS, which has been on the air and filming in the SCV since 2003. In addition, he has worked on Miami Medical (2010) and Third Watch (1999).
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.
Women in Business
With Women’s History Month (March) and International Women’s Day (March 8), specifically, on the horizon, we felt it would be appropriate to recognize the contributions and success women locally have achieved – economically, politically, and socially!
6 Key Factors to Consider when Selecting Commercial Real Estate
Few things in business are as stressful and monumental as setting up shop or a move. Besides the difficulty of relocating your employees, equipment, and other assets, there’s the looming threat of choosing a new location that just won’t work out…forcing yet another move.
Demand for Industrial Space Hottest in Years
The Santa Clarita Valley industrial market is heating up, with a growing number of companies acquiring new warehousing, manufacturing, and logistics space. At the same time, builders are beginning to complete some large-scale projects, creating an environment that is dynamic and rapidly changing.
SCVEDC Annual Report
The Santa Clarita Valley Economic Development Corporation (SCVEDC) continues its mission of strengthening companies and unifying our region’s approach to economic development. Our 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.
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.
The financials look good and your forecast is strong. You may still be hiring as operations grow.
The company needs a new place to call home, and there are plenty of options. Time to just pick one and move in, right? A building is a building is a building – what could possibly go wrong?
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.
Los Angeles Makes the Short List for Amazon's HQ2
Today 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
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
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.
Join us for the 2018 Economic Outlook Conference on March 8
Are you wondering where to get a sneak peek into the economy of the Santa Clarita Valley?...
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.
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
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
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
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.
