DOCSLIB.ORG

The 2021 Santa Clarita Valley Economic Outlook Volume 21 • Number 1 March 2021

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
The 2021 Santa Clarita Valley Economic Outlook Volume 21 • Number 1 March 2021 SANTA CLARITA VALLEY 2021 ECONOMIC OUTLOOK The 2021 Santa Clarita Valley Economic Outlook Volume 21 • Number 1 March 2021 This publication was prepared by: The California Economic Forecast Mark Schniepp, Director 5385 Hollister Avenue, Box 207 Santa Barbara, California 93111 (805) 692-2498 [email protected] Visit our website at: www.californiaforecast.com Copyright 2021 by the California Economic Forecast Reproduction of this document or any portion therein is prohibited without the expressed written permission of the California Economic Forecast. All queries regarding this publication should be directed to the California Economic Forecast. 2021 ECONOMIC OUTLOOK 1 SANTA CLARITA VALLEY 2021 ECONOMIC OUTLOOK Table of Contents Executive Summary 3 Employment and Workforce 17 Residential Real Estate 29 Commercial Real Estate 35 New Development 41 Acknowledgements 53 2021 ECONOMIC OUTLOOK 2 EXECUTIVE SUMMARY General U.S. Economy California The Santa Clarita Valley The Outlook 3 CALIFORNIA ECONOMIC FORECAST EXECUTIVE SUMMARY / SANTA CLARITA VALLEY 2021 ECONOMIC OUTLOOK Executive Summary by Mark Schniepp March 23, 2021 index Consumer Sentiment / University of Michigan Survey General U.S. Economy 1985=100 September 2017 -- March 2021 100 After the first 90 days of 2021, the evidence 95 on the U.S. economy remains mixed. Through 90 December, the economy was losing momentum 85 as new restrictions on businesses were 80 mandated during the winter surge in COVID-19 cases. 75 70 The surge has clearly abated and despite new 65 Sep-17 Mar-18 Sep-18 Mar-19 Sep-19 Mar-20 Sep-20 Mar-21 predictions of another surge by infectious health professionals, we believe the pandemic is now fading away. The recession that gripped the construction, manufacturing, and consumer economy last year is over; it probably ended in spending on goods. The technology sectors June of 2020. In fact, the risk of the economy also remain solid and growing, especially in falling into another recession over the next 6 California. months is currently very low. The general labor market is the weak link today. Many sectors have fully recovered from There are 9.5 million people that are jobless the scourge of the pandemic, including nationwide and 1.7 million in California. This is of course due principally to the restrictions Probability of Recession / U.S. still in place on high human contact activities, percent the probability that the U.S. economy will be in recession in 6 months likelihood January 2018 -- January 2021 especially food services, entertainment, bars, 100 personal services, and any event that draws 80 large public gatherings. 60 The other weak link is consumer and business 40 sentiment. Assessments by U.S. business owners of current conditions are dour, 20 consistent with an economy in recession even 0 though the recession is clearly over. Consumers Jan-18 Jul-18 Jan-19 Jul-19 Jan-20 Jul-20 Jan-21 are just starting to respond positively to current 2021 ECONOMIC OUTLOOK 4 EXECUTIVE SUMMARY conditions; their spending is rising and they ARP Spending in 2021 and the Forecast feel slightly more optimistic about their future incomes and job prospects, and more optimistic Another fiscal stimulus is coming. The $1.9 about declining rates of infection. trillion American Rescue Plan was signed by President Biden on March 12. This first major As more of the population is vaccinated, the component of fiscal spending in the Biden confidence in the economy should continue to era is (1) direct relief to individuals, (2) relief to increase. Respondents have already indicated state and local governments, and (3) business they are encouraged by the availability and assistance. The forecast for 2021 assumes that dissemination of the vaccine. much of the additional $1.9 trillion will enter the economy, beginning at the end of March and Without schools opening, supportive continuing through the summer of 2021. A total business activity has precipitously declined. of $1.1 billion will be spent in calendar 2021 and Transportation, janitorial services, food services, $500 billion next year. sporting events, competitions, and extra- curricular programs are extremely limited or The other $300 billion occurs thereafter. This non-existent. will produce stabilization of income for many workers and certainly for many cities and Many activities that are closed or limited would counties, bolstering public sector expenditures normally generate taxes to local governments, on goods, services, and workers this year. particularly hotel taxes, sales taxes, parking taxes, and business license taxes. The stimulus bill will hasten growth in the spring Consequently, there is a revenue crisis for cities and summer months, and if restrictions are and counties which has produced serious public largely lifted, a surge in output and employment sector employee layoffs in fiscal 2020-2021. will occur this year. The stock market continues to soar, keeping 401K accounts, institutional retirement percent Real Gross Domestic Product Growth / U.S. change 2015 -- 2023 accounts, pension accounts, and family 8 portfolios at record high valuations. These stock 6.3 6 price valuations may have gotten ahead of the 4.6 4 economy. It will be great for consumers if stock 3.1 3.0 2.7 1.7 2.2 values are maintained, but corrections in the 2 market are probably overdue and there are many 0 0.0 analysts who believe the link between the stock -2 market and the economy will be reestablished -4 -3.5 sometime in the next few months. -6 2015 2016 2017 2018 2019 2020 2021 2022 2023 5 CALIFORNIA ECONOMIC FORECAST EXECUTIVE SUMMARY / SANTA CLARITA VALLEY 2021 ECONOMIC OUTLOOK GDP is expected to rise 6.3 percent this year, It is assumed that herd immunity is reached in adjusted for inflation, representing the strongest September, which requires 70 to 85 percent of year of growth in the last 60 years. The U.S. the population having been vaccinated. This economy is then forecast to grow 4.6 percent seems to be on track, but it will take years for next year. These rates are considerably higher herd immunity to be achieved globally, probably than the 2.3 percent average annual rate during not until late 2024 or early 2025. the recovery from the Great Recession between 2010 and 2019. California Vaccinations The fate of the state’s economy is directly linked to the growth of daily coronavirus cases. This is The push to have the U.S. population unlike other states like the Dakotas, Missouri or vaccinated against the coronavirus is moving Florida which have weathered the ebb and flow as fast as possible but there is still much room of the pandemic but have maintained relatively for improvement. Vaccinations started in mid- wide-open economies since late summer. December and as of March 21st the U.S. has eclipsed 110 million shots. The California economy has been severely impacted by the shutdowns, and full recovery Nationwide, the latest vaccination rate is 2.4 is not expected this year, despite the current million doses per day, on average. At this rate it abatement in daily cases and the wide will take another 5 months to provide 75 percent distribution of the vaccine. of the population with a full vaccine dose. The pace of vaccination has been rising; earlier The shelter-at-home order that restrained shortages of vaccinators and the vaccine itself economic activity in December and January have increased. Additional supplies are now resulted in a relapse of joblessness. Employment being addressed nationwide as the Johnson & sank in January and the unemployment rate Johnson vaccine rolls out. rose to 9.2 percent. The lockdown was lifted on January 25, but very little traction in the As of March 22, 13.5 percent of the population Daily New COVID-19 Cases / California 16 years and older has received both shots. daily new confirmed cases October 29, 2020 -- March 21, 2021 Vaccinations are outnumbering the number of 48,000 44,000 new confirmed cases. The number of COVID-19 40,000 patients in the hospital has precipitously 36,000 32,000 declined. 28,000 24,000 20,000 The U.S. has secured 300 million more 16,000 12,000 coronavirus vaccine doses. The new deals 8,000 would bring the total number of doses to 600 4,000 0 million, enough to inoculate 400 million people. 10/29 11/11 11/24 12/7 12/20 1/2 1/15 1/28 2/10 2/23 3/8 3/21 2021 ECONOMIC OUTLOOK 6 EXECUTIVE SUMMARY Monthly Job Gains / California Manufacturing Index / California thousands index we are of jobs January 2020 -- January 2021 2017 Q1 -- 2021 Q1 created 68 here 500 64 250 0 60 -250 -500 56 -750 -1,000 jobs lost 52 -1,250 jobs recovered: -1,500 March May through January 48 -1,750 and April 44 -2,000 -2,250 40 -2,500 2017Q1 2018Q1 2019Q1 2020Q1 2021Q1 Jan-20 Mar-20 May-20 Jul-20 Sep-20 Nov-20 Jan-21 Source: Chapman University economy has occurred since. Currently, the Construction workers are back. New home state’s visitor services, concert, convention, building is sharply higher together with sporting and meeting events, and restaurant infrastructure projects including the high speed sectors remain largely closed or severely rail. The project now employs a record 5,000 restricted. workers in the Central Valley. Consequently, nearly half of all labor market It appears that manufacturing has generally declines are epicentered in the leisure and recovered though employment in this sector has hospitality sector that includes restaurants, not. We don’t expect a jobs recovery because hotels, catering and other food services, the rapid adoption of automation is displacing entertainment, meeting, and recreation services. workers in the industrial sector.
Load more

Recommended publications
  • Table of Contents
    City of Santa Clarita Transit Development Plan Report Appendix Table of Contents Appendix A: Survey Instruments ................................................. A - 1 COMMUNITY SURVEY INSTRUMENT ............................................................................. A-1 ONBOARD SURVEY INSTRUMENT ................................................................................. A-2 COMMUTER SURVEY INSTRUMENT............................................................................... A-3 DIAL-A-RIDE SURVEYINSTRUMENT ................................................................................ A-4 SUPPLEMENTAL SCHOOL DAY SURVEY INSTRUMENT .................................................... A-6 Appendix B: Survey Frequencies .................................................. B - 1 COMMUNITY SURVEY FREQUENCIES ............................................................................. B-1 ONBOARD SURVEY FREQUENCIES ................................................................................. B-35 COMMUTER SURVEY FREQUENCIES .............................................................................. B-69 DIAL-A-RIDE SURVEY FREQUENCIES .............................................................................. B-88 SUPPLEMENTAL SCHOOL DAY SURVEY FREQUENCIES .................................................... B-102 Moore & Associates, Inc. | 2019 City of Santa Clarita Transit Development Plan Report Appendix A. Survey Instruments Exhibit A.1 Community Survey Instrument A - 1 Moore & Associates, Inc. | 2019 City of Santa
    [Show full text]
  • Federal Register/Vol. 68, No. 181/Thursday, September 18, 2003
    54728 Federal Register / Vol. 68, No. 181 / Thursday, September 18, 2003 / Notices DEPARTMENT OF ENERGY other interested parties to exchange information is necessary for the proper information and views on promoting performance of the functions of the Federal Energy Regulatory water-efficient products in the Commission, including whether the Commission marketplace. information shall have practical utility; [Docket Nos. RP00–336–014] The meeting will consist of several (b) the accuracy of the Commission’s panel discussions, and is open to the burden estimate; (c) ways to enhance El Paso Natural Gas Company; Notice public. The audience will have an the quality, utility, and clarity of the of Technical Conference opportunity to ask questions and information collected; and (d) ways to provide comments at the conclusion of minimize the burden of the collection of September 12, 2003. the meeting. information on the respondents, The Commission, in its order of DATES: The meeting will begin at 9 a.m. including the use of automated August 29, 2003 in this proceeding,1 on October 9, 2003. collection techniques or other forms of directed that a technical conference be ADDRESSES: The meeting will be held at information technology. held to address the issues raised by El the Hotel Washington, 15th and DATES: Written Paperwork Reduction Paso Natural Gas Company’s (El Paso) Pennsylvania Avenue, NW, Washington, Act (PRA) comments should be tariff compliance filing of August 1, DC 20004. submitted on or before November 17, 2003. FOR FURTHER INFORMATION CONTACT: For 2003. If you anticipate that you will be Take notice that a technical more information on this meeting, submitting comments, but find it conference will be held on Wednesday, please see EPA’s Water Efficiency Web difficult to do so within the period of September 24, 2003, at 9 am, in a room page at www.epa.gov/owm/water- time allowed by this notice, you should to be designated at the Federal Energy efficiency/index.htm.
    [Show full text]
  • The Cruise Passengers' Rights & Remedies 2016
    PANEL SIX ADMIRALTY LAW: THE CRUISE PASSENGERS’ RIGHTS & REMEDIES 2016 245 246 ADMIRALTY LAW THE CRUISE PASSENGERS’ RIGHTS & REMEDIES 2016 Submitted By: HON. THOMAS A. DICKERSON Appellate Division, Second Department Brooklyn, NY 247 248 ADMIRALTY LAW THE CRUISE PASSENGERS’ RIGHTS & REMEDIES 2016 By Thomas A. Dickerson1 Introduction Thank you for inviting me to present on the Cruise Passengers’ Rights And Remedies 2016. For the last 40 years I have been writing about the travel consumer’s rights and remedies against airlines, cruise lines, rental car companies, taxis and ride sharing companies, hotels and resorts, tour operators, travel agents, informal travel promoters, and destination ground operators providing tours and excursions. My treatise, Travel Law, now 2,000 pages and first published in 1981, has been revised and updated 65 times, now at the rate of every 6 months. I have written over 400 legal articles and my weekly article on Travel Law is available worldwide on www.eturbonews.com Litigator During this 40 years, I spent 18 years as a consumer advocate specializing in prosecuting individual and class action cases on behalf of injured and victimized 1 Thomas A. Dickerson is an Associate Justice of the Appellate Division, Second Department of the New York State Supreme Court. Justice Dickerson is the author of Travel Law, Law Journal Press, 2016; Class Actions: The Law of 50 States, Law Journal Press, 2016; Article 9 [New York State Class Actions] of Weinstein, Korn & Miller, New York Civil Practice CPLR, Lexis-Nexis (MB), 2016; Consumer Protection Chapter 111 in Commercial Litigation In New York State Courts: Fourth Edition (Robert L.
    [Show full text]
  • Port-Of-Call Options
    A SYSTEMATIC APPROACH PORT-OF-CALL OPTIONS V7.10.12.02.20 HOW IS THE INDUSTRY COMING BACK? © Bermello, Ajamil & Partners, Inc. STATUS OF REGULATORY APPROVALS TO SAIL SOURCE: B&A CRUISE DASHBOARD As of 12.02.20, © Bermello, Ajamil & Partners, Inc. SOURCE: B&A CRUISE DASHBOARD CRUISE INDUSTRY RETURN TO SERVICE ANNOUNCEMENTS ) As of 12.02.20 12.02.20 10.01.20 SHIPS SAILING © Bermello, Ajamil & Partners, Inc. CRUISE RESTART ANNOUNCEMENTS ) JUN JUL AUG SEP OCT NOV DEC • HURTIGRUTEN • TUI • MSC • COSTA • AIDA • HERITAGE EXPED • RCI (SINGAPORE) • SEADREAM • HAPAG-LLOYD • SILVERSEA (CHARTER) • NICKO CRUISES • CORAL EXPEDITIONS • MITSUI OSK • FRED. OLSEN • PAUL GAUGUIN • BLACK SEA CRUISES • NYK CRUISES • ASTRO OCEAN • DREAM CRUISES • ARANUI CRUISES • VENUS CRUISE LINE 2020 • PONANT • VARIETY VOYAGES • CROISIEUROPE JAN FEB MAR APR MAY JUN JUL • SEABOURN • CARNIVAL • NORWEGIAN • PRINCESS • CELEBRITY • DISNEY • CUNARD • P&O • VIRGIN • P&O AUSTRALIA • CRYSTAL • HOLLAND AMERICA • MARELLA • FRED OLSEN • AZAMARA • OCEANIA • SCENIC • CELESTYAL 10.01.20 • REGENT • VIKING SHIPS• WINDSTARSAILING • SAGA • SEACLOUD • RITZ • SILVERSEA 2021 THERE WILL BE MOVEMENT As of 11.30.20, SOURCE: B&A CRUISE DASHBOARD © Bermello, Ajamil & Partners, Inc. GLOBAL FLEET ANNUAL WITHDRAWALS (2020 ANNOUNCED TO DATE, 2021+ ANTICIPATED) As of 11.10.20, B&A 40,000 30 35,000 25 30,000 20 25,000 20,000 15 Ships Lower Berths Lower 15,000 10 10,000 5 5,000 0 0 Lower Berths Ships © Bermello, Ajamil & Partners, Inc. GLOBAL FLEET WITHDRAWALS (2020 ANNOUNCED TO DATE, 2021+ ANTICIPATED) As
    [Show full text]
  • Helping Families Thrive. Center & Foundation Boards
    A NNU A L R EPO R T 2 0 1 6 / 2 0 1 7 Helping families thrive. Center & Foundation Boards Center Board Officers (July - December 2016) William Cooper - Chair Mission Michael Berger - Vice Chair Dr. David Wong –Treasurer The Child & Family Center helps build a healthy Gloria Mercado Fortine –Secretary Steve Zimmer - Immed. Past Chair Santa Clarita Valley by providing mental health, (January - June 2017) Michael Berger - Chair behavioral and education services to children, Cheri Fleming –Vice Chair Michael Lebecki - Vice Chair adults and families. Dr. Marc Winger –Treasurer Ginger LeVang –Secretary William Cooper - Immed. Past Chair Foundation Board Officers (July - December 2016) Vision Nick Lentini - Chair Michael Lebecki – Vice Chair At the Child & Family Center, children, adults, and Chris Blazey – Treasurer Jane Bettencourt-Soto - Secretary families can easily access the help they need in a Members safe and nurturing environment. Responding to the Fred Arnold Lois Bauccio community’s need for services, the Child & Family Amanda Benson Joyce Carson Center continues to grow and expand. Reaching out Barbara Cochran Diana Cusumano to new areas of need, the Center provides children Michael DeLorenzo Neil Fitzgerald and adults the opportunity to live in healthy, Cheri Fleming John Geraci supportive relationships that encourage them to Stephanie Graziano Dan Gunning become responsible, caring citizens. Kiki Hacker Linda Hafizi G. Marshall Hann Alicia Humphries Darren Hernandez Debbie Holbrook Don Hubbard Jenny Ketchepaw Charlotte Kleeman Ken Kreyenhagen Terry Martin Laina McFerren John Musella Linda Pedersen Doreen Chastain-Shine Diane Stewart Steve Sturgeon Irene Thomas-Johnson Silvia Weeks Vanessa Wilk Michelle Witkin, PhD Apo Yessayan 2016/17 ANNUAL REPORT | 3 Message from our President/CEO and Board Chair The Child & Family Center, just like any other vibrant and evolving organization, continues to change over time to meet the needs of our clients and communities.
    [Show full text]
  • American Broadcasting Company from Wikipedia, the Free Encyclopedia Jump To: Navigation, Search for the Australian TV Network, See Australian Broadcasting Corporation
    Scholarship applications are invited for Wiki Conference India being held from 18- <="" 20 November, 2011 in Mumbai. Apply here. Last date for application is August 15, > 2011. American Broadcasting Company From Wikipedia, the free encyclopedia Jump to: navigation, search For the Australian TV network, see Australian Broadcasting Corporation. For the Philippine TV network, see Associated Broadcasting Company. For the former British ITV contractor, see Associated British Corporation. American Broadcasting Company (ABC) Radio Network Type Television Network "America's Branding Broadcasting Company" Country United States Availability National Slogan Start Here Owner Independent (divested from NBC, 1943–1953) United Paramount Theatres (1953– 1965) Independent (1965–1985) Capital Cities Communications (1985–1996) The Walt Disney Company (1997– present) Edward Noble Robert Iger Anne Sweeney Key people David Westin Paul Lee George Bodenheimer October 12, 1943 (Radio) Launch date April 19, 1948 (Television) Former NBC Blue names Network Picture 480i (16:9 SDTV) format 720p (HDTV) Official abc.go.com Website The American Broadcasting Company (ABC) is an American commercial broadcasting television network. Created in 1943 from the former NBC Blue radio network, ABC is owned by The Walt Disney Company and is part of Disney-ABC Television Group. Its first broadcast on television was in 1948. As one of the Big Three television networks, its programming has contributed to American popular culture. Corporate headquarters is in the Upper West Side of Manhattan in New York City,[1] while programming offices are in Burbank, California adjacent to the Walt Disney Studios and the corporate headquarters of The Walt Disney Company. The formal name of the operation is American Broadcasting Companies, Inc., and that name appears on copyright notices for its in-house network productions and on all official documents of the company, including paychecks and contracts.
    [Show full text]
  • Sand Canyon Ranch Estates | SANTA CLARITA the Robott Land Hoffman COMPANY Company 1 PROPERTY OVERVIEW
    Rare Approved Tract Map for High-End Product in Supply Constrained Santa Clarita Market SAND CANYON 2 to 5.74 Acre Lot Sizes Surrounded by Luxury Semi-Custom Production & Custom Homes Adjacent Neighborhood Re-Sales from $1M to $3.4M RANCH ESTATES LOS ANGELES 22 Approved Large Luxury Estate Lots NEWHALL AVE City of Santa Clarita | Los Angeles County, CA SANTA CLARITA 14 D N R CANYO PLACERITA SA N ND C Example Home Nearby ANY ON RD INFORMATIONAL PACKAGE Erik Christianson, CA BRE #01475105 THE HOFFMAN COMPANY T 949.705.0920 | [email protected] The Southern California Office RoBott Land 18881 Von Karman Avenue, Suite 150 COMPANY Hoffman Steve Botthof, CA BRE #01131793 Irvine, CA 92612 T 310.299.7574 x 101 | [email protected] Company T 949.553.2020 | F 949.553.8449 www.robottland.com Larry Roth CA BRE #01473762 Land Brokers T 310.299.7574 x 102 | larry@ robottland.com www.hoffmanland.com Realty Advisors DISCLAIMER The information contained in this offering material (“Brochure”) is furnished solely for the purpose of a review by prospective purchaser of any portion of the subject property in the City of Santa Clarita, County of Los Angeles California (“Property”) and is not to be used for any other purpose or made available to any other person without the express written consent of Scheel Dallape Inc. d/b/a The Hoffman Company Organization (“The Hoffman Company”). The material is based in part upon information obtained by The Hoffman Company from sources it deems reasonably reliable. Summaries of any documents are not intended to be comprehensive or all inclusive but rath- er only an outline of some of the provisions contained therein.
    [Show full text]
  • FALL 2010 Vol. 19 No. 3 Disney Files Magazine Is Published by the Good People at You May Be Wondering Why Our Cover’S on Fire
    FALL 2010 vol. 19 no. 3 Disney Files Magazine is published by the good people at You may be wondering why our cover’s on fire. It’s a reasonable question, and I have Disney Vacation Club ® a (somewhat) reasonable answer. This issue is HOT! And not just Orlando-in-August P.O. Box 10350 Lake Buena Vista, FL 32830 hot. More like fireflies-with-a-fever hot. Laying-asphalt-in-a-wool-sweater hot. The-flat- screen-TV-someone-just-sold-me-at-a-discount-out-of-the-back-of-a-van hot. (Once again, I’ve said too much.) The point is, this magazine couldn’t be hotter if we’d soaked All dates, times, events and prices it in acid. That’s right, acid! (Kudos to those who caught that “It’s Tough to Be a Bug” printed herein are subject to reference. There’s another one on page 12, just for you.) The pages ahead are… change without notice. (Our lawyers do a happy dance when we say that.) Liquid-magma hot: Get an inside look at the “volcanic” creative concept for the expansive pool area at Disney’s new Hawai‘i resort (pages 3-4). MOVING? Update your mailing address McSteamy hot: Meet one of the firefighters charged with making sure special effects online at www.dvcmember.com don’t send Seattle Grace and other Disney production sets up in smoke (pages 5-6). Trendy hot: Track some of the latest Membership trends, as revealed in the 2009 MEMBERSHIP QUESTIONS? Condominium Association Survey (page 8).
    [Show full text]
  • The Hollywood Cinema Industry's Coming of Digital Age: The
    The Hollywood Cinema Industry’s Coming of Digital Age: the Digitisation of Visual Effects, 1977-1999 Volume I Rama Venkatasawmy BA (Hons) Murdoch This thesis is presented for the degree of Doctor of Philosophy of Murdoch University 2010 I declare that this thesis is my own account of my research and contains as its main content work which has not previously been submitted for a degree at any tertiary education institution. -------------------------------- Rama Venkatasawmy Abstract By 1902, Georges Méliès’s Le Voyage Dans La Lune had already articulated a pivotal function for visual effects or VFX in the cinema. It enabled the visual realisation of concepts and ideas that would otherwise have been, in practical and logistical terms, too risky, expensive or plain impossible to capture, re-present and reproduce on film according to so-called “conventional” motion-picture recording techniques and devices. Since then, VFX – in conjunction with their respective techno-visual means of re-production – have gradually become utterly indispensable to the array of practices, techniques and tools commonly used in filmmaking as such. For the Hollywood cinema industry, comprehensive VFX applications have not only motivated the expansion of commercial filmmaking praxis. They have also influenced the evolution of viewing pleasures and spectatorship experiences. Following the digitisation of their associated technologies, VFX have been responsible for multiplying the strategies of re-presentation and story-telling as well as extending the range of stories that can potentially be told on screen. By the same token, the visual standards of the Hollywood film’s production and exhibition have been growing in sophistication.
    [Show full text]
  • Santa Clarita Valley Skilled Labor Has Maintained Its Position As One of Hollywood’S Most Sought-After Destinations
    DIGITAL MEDIA & ENTERTAINMENT The Santa Clarita Advantage Located within the “30-Mile Zone,” the Santa Clarita Valley Skilled Labor has maintained its position as one of Hollywood’s most sought-after destinations. The area already hosts production The SCV offers a talented, diverse and abundant local labor supply from high-achieving school districts, in addition to companies of all sizes for hundreds of shooting days each year. being the home to CalArts, which is the premiere arts college With over 3,500 acres of movie ranches, 20 working sound in the world. More than 6,000 local residents work in the film stages and one of the premier academic institutions for the and entertainment industry. arts, California Institute of the Arts (CalArts), area firms produce Walt Disney and the Golden Oak Ranch everything from video games to full-length feature films. Walt Disney hosted “The Wonderful World of Disney” at the Pro-Business Environment Santa Clarita Valley’s Golden Oak Ranch. He bought the original 315 acres in 1959. Now, with over 800 acres of natural scenery • Film and Television Production Credits and sets located in the Santa Clarita Valley, it has been host • Employment Tax Credit* to television favorites like “Lassie,” “Murder She Wrote,” “The • No Gross Receipts Tax Mentalist,” and “Sons of Anarchy” as well as movies such as Old • No Business License Fee Yeller, Back to the Future, Pirates of the Caribbean II & III, and • No Utility User Tax* The Girl With the Dragon Tattoo. • No Payroll Tax* • No Parking Tax Technical Assistance * Available in select areas The SCVEDC can immediately help your firm: Location and Market Access • Search available property • Utilize available incentive and workforce training programs Home to more than 10 movie ranches and 20 sound stages • Access economic, demographic and real estate information and thousands of versatile locations make the SCV one of • Foster positive relationships with city, county, state and the most filmed areas in the state of California.
    [Show full text]
  • Final Top 5 Builders
    Final Top 5 Builders Purchase Experience Award: Medium Volume Anthem United Communities Giddens Homes Grand Homes, West JayMarc Homes Rosewood Homes Purchase Experience Award: Large Volume Boulder Creek Neighborhoods (T) Century Communities, NorCal-Central Valley Landmark Homes Signature Homes (T) The New Home Company, Southern California TRI Pointe Group - TRI Pointe Homes, Colorado Purchase Experience Award: High Volume Century Communities, NorCal-Bay Area (T) Classic Homes (T) Irvine Pacific Robson Resort Communities The Olson Company Design Experience Award: Medium Volume Anthem United Communities Century Communities, San Antonio HISTORYMAKER Homes, Houston McKee Builders Rosewood Homes (T) indicates a tie Final Top 5 Builders Register Now Design Experience Award: Large Volume Century Communities, NorCal-Central Valley FCB Homes Gentry Homes The New Home Company, Southern California TRI Pointe Group - TRI Pointe Homes, Colorado Design Experience Award: High Volume Century Communities, Houston Irvine Pacific Minto Communities-USA Robson Resort Communities William Lyon Homes, Southern California First Year Customer Service Experience Award: Medium Volume Century Communities, Southern California Giddens Homes HISTORYMAKER Homes, Houston Rosewood Homes TRI Pointe Group - Pardee Homes, Los Angeles First Year Customer Service Experience Award: Large Volume Century Communities, NorCal-Central Valley Gentry Homes Grand Homes, East The New Home Company, Southern California TRI Pointe Group TRI Pointe Homes, Colorado (T) indicates a tie Final Top 5 Builders Register Now First Year Customer Service Experience Award: High Volume Irvine Pacific Minto Communities-USA The Olson Company TRI Pointe Group - Pardee Homes, Inland Empire William Lyon Homes, Southern California First Year Quality Award: Medium Volume Giddens Homes Grand Homes, North Label & Co.
    [Show full text]
  • Final Top 10 Winners List
    FINAL TOP 10 WINNERS LIST Purchase Experience Award: Medium Volume Camelot Homes Century Communities (Tennessee) Giddens Homes Hogan Homes Label & Co. MBK Homes (Northern California) MBK Homes (Southern California) McKee Builders Rosewood Homes Tim Lewis Communities (Northern California) Purchase Experience Award: Large Volume Brookfield Residential (Bay Area) Century Communities (NorCal - Central Valley) Grand Homes (East) Landmark Homes McCaffrey Homes (Fresno) The New Home Company (Northern California) The New Home Company (Southern California) The Olson Company (Southern California) Wathen Castanos William Lyon Homes (Nevada) Purchase Experience Award: High Volume Brookfield Residential (Southern California) Century Communities (NorCal- Bay Area) Classic Homes (Colorado Springs) Robson Resort Communities TRI Pointe Group (Maracay Homes) TRI Pointe Group – Trendmaker Homes (Houston) TRI Pointe Group – TRI Pointe Homes (Northern California) TRI Pointe Group – TRI Pointe Homes (Southern California) William Lyon Homes (Arizona) William Lyon Homes (Southern California) 27141 Aliso Creek, #290 Aliso Viejo, CA 92656 (866) 755-8199 www.eliant.com 1 of 9 FINAL TOP 10 WINNERS LIST Design Experience Award: Medium Volume Camelot Homes Century Communities (Southern California) Century Communities (Tennessee) Giddens Homes MBK Homes (Northern California) MBK Homes (Southern California) McKee Builders Rosewood Homes Signature Homes Tim Lewis Communities (Northern California) Design Experience Award: Large Volume Brookfield Residential (Bay Area)
    [Show full text]