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Wednesday, Apr 24, 2024

SANTA CLARITA VALLEY

scvedc.org

City Organization Name
Santa Clarita Valley Economic Development Corporation

EDC Contact Name
Holly Schroeder
[email protected]

Population
292,900

County
Los Angeles

Key BUSINESSES with headquarters in your city
• Sunkist
• Princess Cruises
• Logix Federal Credit Union
• Williams Homes
• Alfred Mann Foundation
• Boston Scientific Neuromodulation
• Woodward
• ITT Aerospace Controls

How does your city/valley differentiate itself from others in the region? 
Santa Clarita Valley is growing! Ranked in 2021 as the 13th fastest growing city in the US, our community is also home to the largest mixed-use development in California. FivePoint Valencia is bringing 21,500 homes and 11.5 million square feet of office, retail, industrial, recreational, school, and public space. Other housing developments are bringing new apartments, condos, and single-family homes to meet the needs of families at all stages of life. Recent industrial development has grown SCV’s job base, providing local career opportunities for residents. Road expansion on I-5 will create a smoother travel for residents, trade, and commerce.

What does your EDC evaluate when looking to attract a new business? 
Santa Clarita Valley is home to manufacturers large and small in aerospace, medical devices, and consumer products. Major corporations, including Sunkist, Princess Cruises, and Logix Federal Credit Union are headquartered here. CalArts is one of the world’s premier arts colleges whose graduates go on to work at local companies in technology, gaming, and film. Located within the 30-mile zone, SCV’s inventory of soundstages and movie ranches has grown dramatically in recent years and is still expanding. SCVEDC seeks companies like these that provide economic diversity, opportunity, and resilience for the region.

How has your EDC sustained interest as an attractive option for companies seeking new alternatives and locations, given the challenges of the past few years on the economy and daily work life?  
Companies choose Santa Clarita Valley for its modern infrastructure, building availability, and business support. Moreover, SCV is an attractive location for their employees, with exceptional schools, expansive outdoor recreation space, safe neighborhoods, high quality healthcare, and more affordable pricing than most regions in Los Angeles. That’s why, in a recent survey of business executives, 82% of respondents rated the business climate as positive or extremely positive and a whopping 91% rated the quality of life as good or extremely good! Whether you are working for a great SCV company or working remotely, the SCV has everything you need within arm’s reach, with room to grow.

What type of new-build activity are homebuilders experiencing, and what’s next for the sector in the coming months?
Many different new housing projects are being built across SCV, offering something for everyone. New homes offer modern amenities, solar, and high-speed internet. Adaptable floor plans can be designed to meet the needs of today’s families, with options for a home office, an in-law suite, or room for a growing family.

Which industries are demonstrating the most interest in your area today?
SCV was well positioned to take advantage of the growth in e-commerce due to its proximity to Los Angeles, convenient freeway access, and high-quality industrial space. Due to the high demand for TV and film content, SCV now has more sound stage space than the entire country of Australia! Companies including Logix and DrinkPAK opened new headquarters in SCV, bringing hundreds of new jobs to our valley. Businesses of all sizes and sectors find success in SCV.

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