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LAEDC Announces 2018 Finalists for Most Business-Friendly City in Los Angeles County

By September 7, 2018 No Comments

Winners to be named at Eddy Awards, alongside Honorees American Airlines, Cal Poly Pomona

LOS ANGELES, CA  (SEPTEMBER 7, 2018) – The Los Angeles County Economic Development Corporation (LAEDC) today announced the finalists for its 2018 Most Business-Friendly City in Los Angeles County Award. The cities of Inglewood, Rosemead, and Whittier are finalists for the population 50,000 and over category, and the cities of Azusa, Duarte, Monrovia, San Gabriel, and Santa Fe Springs are finalists in the population under 50,000 category.  One winner from each category will be announced live at the 23rd Annual Eddy Awards® on Thursday, November 8th, at the Intercontinental Hotel in Downtown LA.

Business-friendly programs and services are a critical factor in job-creation.  The finalists were selected through independent review by a panel of blue ribbon judges, based on the following criteria:

o Demonstrated priority commitment to economic development and quality jobs

o Excellence in programs and services designed to facilitate business entry, expansion, and retention

o Competitive business tax rates and fee structures

o Availability of economic incentives

o Effective communication with and about business clients

CITIES with POPULATIONS of 50,000 and OVER  

INGLEWOOD

The City of Inglewood creates a business friendly environment because of high prioritization of the Mayor and City Council to establish an attentive, responsive and accessible relationship with entities choosing to do business in the city.  City staff responds with accessible and eager interface with the business community both at their service counters and in the field.  Residents wholeheartedly support new development and went to the polls to endorse the Stadium Initiative; and at the same time, continue to celebrate time-honored small businesses in Inglewood with loyal patronage.

ROSEMEAD

The City of Rosemead works diligently to maintain its business friendly atmosphere.  City staff works closely and values its business community.  The City of Rosemead provides a one-day turnaround for business licenses, conducts over the counter plan checks, engages with the community, recognizes and awards businesses for their contribution to the city, and attracts and retains a dynamic range of businesses. The City of Rosemead exists to serve, and takes pride in business friendly programs and practices.

WHITTIER

The City of Whittier is committed to fostering a business friendly atmosphere and a strong local economy by offering personalized, cost-effective programs and services for local businesses. City staff is available to assist the entrepreneur in the same manner as the corporate institution, by providing high quality, streamlined assistance and guidance through each step of the planning and permitting process. In addition to safe neighborhoods, new housing, stellar schools, and a variety of big and small retailers, Whittier gives you that small town feeling but offers big opportunities for families and businesses in an unmatched and thriving community.

 

CITIES with POPULATIONS UNDER 50,000

AZUSA

The City of Azusa recognizes the power of commerce to help a community thrive. That’s why Azusa invests in resources to create a business-friendly environment. Azusa’s TOD specific plan incentivizes development by minimizing entitlement requirements. City staff is readily available to assist in navigating the development review process and cutting permit processing times through preliminary plan reviews, study sessions and a one-stop counter. The city’s access to Azusa Light & Water’s reliable source of water and competitive utility rates, convenient freeway options, and small business resources are a few reasons why businesses choose Azusa.

DUARTE

In Duarte, the city’s team is focused on providing top notch customer service.  Being a small city, its staff understands the necessity to be proactive in its approach to attracting and retaining business and the need to make its development process efficient.  The city takes pride in the exceptional customer service that is provided and in its transparent and straightforward approach to everything that it does.  Duarte’s desire is that its residents, businesses and those in the development process will benefit from every contact with the city team.

MONROVIA

Monrovia, a dynamic community blending small town charm with big city amenities, and home to nearly 40,000 active and engaged residents, is also a world class place to do business. In Monrovia, every business is valued as a partner in serving the people of Monrovia to create a community that offers a premiere quality of life. The city’s partnership with businesses starts at the onset of the businesses’ establishment and lasts long after the business has opened its doors. Monrovia invites you to experience all that the city has to offer and be a part of its thriving community.

SAN GABRIEL

The City of San Gabriel has seen a steady growth in jobs and small business development, especially in the retail, food, and hospitality industries due to its business friendly philosophy. Year-round global tourism, entrepreneurial excellence and a culturally rich community support San Gabriel’s stable economy. San Gabriel’s innovative spirit has propelled the city to the next level as a desirable community in which to live and invest. With multiple development projects ranging from a new boutique hotel to several mixed-used projects, San Gabriel fosters a business climate where companies can grow, prosper, and thrive.  The city invites you to come and explore San Gabriel.

SANTA FE SPRINGS

Santa Fe Springs is ready for business. The city is strategically located with access to major seaports, airports, and transportation corridors. Over 60% of the city is zoned for retail, office, and industrial uses. Santa Fe Springs has low property taxes and permit fees. The city’s friendly, accommodating staff takes a common sense approach to development and finds a pathway to “yes.” The city actively supports local businesses, social services, and the arts. The excellent location, thriving business community, and supportive government make Santa Fe Springs a very business friendly city in Los Angeles County.

LAST YEAR’s CITIES

At the 2017 Eddy Awards, the City of Arcadia and the City of Downey were recognized as the Most Business Friendly Cities.

2018 HONOREES

In addition to the live announcement of the Most Business Friendly Cities in L.A. County, the Eddy Awards gala will also celebrate individual, corporate and education honorees.

American Airlines directly employs nearly 7,000 people in LA County but its economic impact extends far beyond direct job creation.  As American Airlines has grown, it has strengthened LA’s global connections via its nearly 200 daily departures on peak days from Los Angeles International Airport (LAX), through its #1 rank in commercial airline cargo volume at LAX, and through the immense indirect economic activity it generates in the region made possible by its continuous movement of people and goods, as well as substantial investments in its team members, product and facilities at LAX.  As an example of the company’s importance to trade, American Airlines cargo volume at LAX has increased 121% since 2015.

Beyond its flight operations, American continues to invest in LAX – one of the region’s most vital economic assets – to improve traveler experiences and operational efficiency.  Its $1.6 billion project to modernize LAX will reimagine terminals four and five to create a better experience for its 16.5 million annual passengers and add a link to the upcoming people mover and LA Metro rail system, among other improvements.  In addition to those tangible contributions, American Airlines’ extraordinary people and culture define the company and its relationship with Los Angeles. This is visible through its focus on local workforce development, and through its locally-driven philanthropy with many deserving organizations.

Cal Poly Pomona University embraces a learn-by-doing approach to education, which means graduates gain experience with creative challenges and technologies that will better prepare them for the professional world.  With over 80% of students living or working in the region after graduation, they have an outsized effect on the success of the LA County economy, at employers such as JPL, DWP, ESRI, Boeing, Northrop Grumman and others.

Cal Poly Pomona, with a student population of more than 25,000, is ranked 6th in the nation on the Social Mobility Index, which measures the extent to which universities educate economically disadvantaged students who graduate into good-paying jobs. The university was also ranked by Forbes in 2018 as one of the best-value colleges in the nation. In addition, U.S. News ranked the university 4th among public universities in the West, and the university is in the top ten nationally by number of Latino students earning bachelor degrees in three fields: architecture, agriculture and engineering.

About the Eddy Awards®    www.laedc.org/eddy

The Eddy Awards were introduced by LAEDC in 1996 to celebrate exceptional contributions to economic development in the L.A. region, consistent with LAEDC’s focus on advancing opportunity and prosperity for all. The Eddy Awards gala dinner, where our region’s leaders come together, includes California’s only “business-friendly city” award, highlighting programs and services that foster job-creation. This is LAEDC’s only fundraiser, and an opportunity for civic-minded organizations to support our public-benefit mission.  For sponsorship or tickets, contact Rick Moelis at 213-236-4812 [email protected]

About LAEDC   www.laedc.org

Los Angeles County Economic Development Corporation (LAEDC) is advancing opportunity and prosperity for all. This is achieved via collaborative economic development leadership, objective economic research and analysis, strategic assistance to business, education and government partners, and targeted public policy. LAEDC was established in 1981 as a private, non-profit, public benefit corporation.  www.laedc.org

 

Media contact: Lawren Markle, Director of Public Relations, [email protected], 213-236-4847

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