Opportunity Zones have become a buzzword throughout the real estate industry. Identified as economically distressed census tracts in a community, they offer a method whereby private funds are utilized for development instead of government/taxpayer funds.
One of the unique incentives that the City of Moreno Valley offers to businesses and residents is the popular Business & Employment Resource Center, or BERC. Operated in partnership with the County of Riverside and
Even as the impacts of COVID-19 continue, the City of Moreno Valley saw strong commercial real estate development in 2020. As restaurants adapted to takeout and delivery models, new cuisine options were added to Moreno
Each year, Moreno Valley obtains the most current figures in population, household size and income, workforce and occupation and more. Figures for 2021 were just released, and a comparison of demographics from 2015 to 2021
The City of Moreno Valley is a rapidly growing community, boasting more than 4,500 thriving businesses. The City’s Economic Development Department regularly offers a variety of resources, workshops and consulting to businesses at no cost.
Several years ago, the City of Moreno Valley purchased approximately 60 acres at Alessandro Boulevard and Nason Street. At the time, City officials envisioned the property as a potential Civic Center site. As the City
Moreno Valley’s Economic Development team recently celebrated a leading award from CALED, the California Association for Local Economic Development. With more than 800 members, CALED is one of the largest economic development associations in the
Do you know what the businesses LeGrand (the largest global producer of electrical switches and sockets), Keeco Home (a fashion home bedding/bath/window supplier) and Toolots (an industrial tool and machinery supplier) have in common? Well,
The City of Moreno Valley, located in the Inland Empire’s Riverside County, is experiencing phenomenal growth. They have 7 million square feet of industrial space under construction, along with 3 new hotels, shopping centers in
4.4 million square feet of industrial space was recently leased in Moreno Valley, adding to the City’s already strong reputation of California logistics hub. 7 million square feet of industrial space is under construction. Companies
Southern California is one of the top travel destinations in the United States. And consumer spending is strong, which means that people are spending an increasing portion of their income on recreation, travel and entertainment.
When luxury electric hybrid auto manufacturer Karma Automotive decided to locate a new site for its state-of-the-art manufacturing plant, executives knew there was only one choice: the City of Moreno Valley, California. Supported by Moreno