Business Facilities - July 2008 - (Page 40)

METRO SPOTLIGHT Inland Empire, CA By Bill Trüb California Expands Its Inland Economic Empire T he Inland Empire combines the majority of Riverside and San Bernardino counties, encompassing more than 50 cities, into the largest region of Southern California. Stretching 50 miles wide and 60 miles from north to south, the sprawling empire is surrounded by hills, valleys, and the Santa Ana and Santa Rosa mountain ranges. Its patchwork of small- and medium-sized cities, unincorporated communities, and suburban neighborhoods makes it the United Inland Empire City Statistics City County Population, Median Income, 2006 2007 States’ 14th larChino San Bernardino 81,224 $70,994 gest metropoliCorona Riverside 144,661 $72,163 tan area. While Fontana San Bernardino 181,640 $60,722 Hesperia San Bernardino 85,876 $43,018 its cities vary in Indian Wells Riverside 4,865 $120,074 size and income Indio Riverside 71,654 $45,143 (see chart), ecoMoreno Valley Riverside 174,565 $52,426 Ontario San Bernardino 172,701 $56,688 nomic growth Palm Springs Riverside 46,437 $46,399 within the entire Rancho Cucamonga San Bernardino 172,331 $75,429 empire is palpaRiverside Riverside 287,820 $52,023 ble, particularly San Bernardino San Bernardino 205,010 $36,676 Temecula Riverside 93,923 $71,754 in the financial Upland San Bernardino 75,169 $64,894 services and reVictorville San Bernardino 102,538 $50,531 tail industries. SOURCE: INLAND EMPIRE CITY PROFILE, 2007 RANCHO’S BUSINESS BUZZ Rancho Cucamonga: A Range of Sites for a Range of Companies R R 40 ancho Cucamonga offers a wide range of leasable office space, which allows a variety of businesses to find the right site from which to base or expand their operations. Empire Corporate Plaza offers 400,000 square feet, including five two-story buildings varying in size from 75,636 square feet to 84,604 square feet. This project is currently leasing space. Vintner’s Grove is a 138,000square-foot, master-planned office and medical campus, including a JULY 2008 100,000-square-foot Class “A” office building, as well as smaller buildings ranging in size from 4,276 to 4,690 square feet in a campus-style environment. Vintner’s is scheduled for completion in the third quarter of 2008. One Town Square is a four-story, 90,673-square-foot Class “A” office building. This mixed-use project features upscale apartment homes and work-live units, as well as restaurants. Each floor includes a 22,668-squarefoot work space. This complex is also scheduled for completion in the third quarter of 2008. PHOTO CREDIT: CITY OF RANCHO CUCAMONGA ancho Cucamonga is abuzz with business activity. Corporations from various industries operate within the city, but Rancho has been especially attractive to companies specializing in R&D, health care, financial services, retail, and the insurance industry. Twenty-seven major office operations relocated or expanded in Rancho Cucamonga from 1994 to 2007, adding 3,619 employees to the city’s workforce. Some recent moves to Rancho include: • Co-Op Financial Services added 200 jobs in 2007. • Computek International created 20 jobs in 2006. • PFF Bank & Trust relocated its headquarters and back office operations in 2006. • Kiwanis International Western District Office brought 50 jobs in 2005. • Ameriquest Mortgage added 250 jobs in 2004.

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Business Facilities - July 2008 Contents First Word Snapshots Corporate Moves: New York The 2008 Business Facilities Rankings Report 2008 Rankings: Biotech Blasts Off 2008 Rankings: Green with Envy 2008 Rankings: Warm Climate for Business Nanotech Looms Large in Pennsylvania Metro Spotlight: Inland Empire, CA Food Processing Sites: Providing Sustenance as Well as Nutrition Sale-Leasebacks: Easing the Credit Crunch Corporate Moves: Georgia Metro Spotlight: Albuquerque, NM Advertiser Index Inside LiveXchange

Business Facilities - July 2008

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