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.
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Attracted 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.
November is a time to give thanks and a time for reflection as we approach the year’s end. I find myself reflecting on, among other things, my appreciation for our local economy.
On Thursday night, the Los Angeles Economic Development Corporation recognized the City of Santa Clarita as the Most Business Friendly City with a population greater than 68,000 and the City of Pico Rivera as the Most Business Friendly City with a population under 68,000.
