Inland Empire Opportunity Zones

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. These private funds foster job creation and economically stimulate areas of investment. Investors who devote funds into Qualified Opportunity Zones

August 10th, 2021|

Moreno Valley Helps You Recruit Employees

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 recently designated as an America’s Job Center of California, the BERC is a one-stop resource center for all Moreno Valley

March 31st, 2021|

Commercial Real Estate Development Update

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 Valley’s already expansive list of eateries, including: Alamilla’s Mexican Food BurgerIM Country Kitchen Crepes & Cravings Cupcakes & Espresso Fatburger

February 10th, 2021|

Moreno Valley’s Demographics in 2021

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 shows the following: Growth Beyond Compare: Moreno Valley’s estimated population for 2021 is 214,982, and the City will grow by

January 27th, 2021|

Keeping Small Business in Business

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. But in March of 2020, when the novel coronavirus (COVID-19) turned the world upside down, “business as usual” became a

January 12th, 2021|

Destination MoVal

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 grew, so did the vision – that Moreno Valley continue its emergence as a premier Inland Empire community by creating

January 12th, 2021|

Moreno Valley a Gamechanger

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 country. CALED promotes education on how economic development grows business, generates revenue to support community development and creates and retains

December 15th, 2020|

Industrial Development

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, they all just expanded their business in Moreno Valley, of course. The pandemic of 2020 has done nothing to slow

December 3rd, 2020|

[VIDEO] Southern California Area Development

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 redevelopment and new restaurants. Check out this short video to learn more. Moreno Valley Remains in Growth Mode Need assistance

July 24th, 2019|

Industrial Space Site Selection

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 like Lowe’s, iHerb, Resmed, ShipBob and MedLine will join an expanding list of Fortune 500 and international companies in Moreno

July 23rd, 2019|
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