morenovalley

Competitive, successful companies looking to relocate or expand their brand know there is one place in California that consistently beats the rest – the City of Moreno Valley. Ideally situated in the heart of Southern California, Moreno Valley delivers the right market opportunity, a qualified and motivated workforce, the best pro-business environment and an unsurpassed quality of life.

Location, Location, Location

Moreno Valley is an innovative city with a bright future. Solid growth has propelled the 51-square-mile community to become the second largest population in Riverside County and the twenty-first largest in California.

Situated in the heart of Southern California, Moreno Valley is only an hour away from Los Angeles, Orange and San Diego counties and less than three hours to Nevada, Arizona and Mexico.

Moreno Valley’s population of 210,000 is booming with an annual growth rate of 5.04%. 2.3 million people live in a 20-mile trade radius and form a strong workforce of 1.1 million.

Growth beyond compare

Moreno Valley lead the region in absorption of more than 8.4 million square feet of new industrial corporate facilities in the past two years. The newly-approved World Logistics Center offers an additional 40.6 million square feet – the largest industrial corporate business campus in California.

Moreno Valley provides ample shopping opportunities with two regional shopping destinations and 40 shopping plazas; major tenants include Costco, SuperTarget, Home Depot, Macy’s, Burlington Coat Factory, TJ Maxx/HomeGoods, Ulta, BevMo and more. 200 nationally recognized and boutique restaurants offer distinctive dining experiences. Our restaurant chains outperform the national average by as much as 25.6 percent.

Riverside University Health System Medical Center (headquarters for Riverside County’s hospital system, based here in Moreno Valley) and Kaiser Permanente are both expanding their facilities to meet strong regional demand. Residential construction is adding additional new housing opportunities with nearly 7,000 single and multi-family units under construction or in the development process.

Vast transportation network

Our location makes it simple to access sophisticated and convenient transportation systems:

Air – Moreno Valley’s March Inland Port Airport is ideal for air cargo and private corporate flights, while passengers may choose from five international airports within an hour’s drive.

Highways – Transportation corridors State Route 60 and Interstate 215 offer same-day access to all parts of California, Nevada, Arizona and Mexico.

Rail – Light passenger rail system Metrolink recently opened a state-of-the-art $248.3 million station serving Moreno Valley. Twelve additional stations within a 20-mile radius form the local rail network.

Shipping – Fortune 500 companies in Moreno Valley appreciate the close access to two of the nation’s busiest port complexes, Los Angeles and Long Beach.

Bus – The Riverside Transit Agency provides dedicated daily bus routes to key points throughout Moreno Valley.

Bicycle and walking – Moreno Valley is one of the few cities with a master multi-use trail system offering more than 32 miles of trails for pedestrians, cyclists and equestrians.

Eucalyptus north

Strong Educated Workforce

Three colleges (University of California, Riverside, Cal Baptist University and Moreno Valley College) attract more than 40,000 students. In total, 44 universities and community colleges educate more than 225,655 undergraduates within 50 miles of Moreno Valley.

SMore than 50 percent of Moreno Valley residents are employed as white-collar professionals. The City has a strong, motivated workforce of more than 84,000 and growing.

Affordability

Moreno Valley offers some of the most affordable corporate lease and land values, as well as the best housing value and cost of living, in all of Southern California.

Cost of doing business is low, with no payroll or local wage ordinance.

We are also ranked as the third most fiscally strong city in the nation by The Fiscal Times.

Accelerating opportunities through incentives

Our Go MoVal Strike Team of City representatives stands ready to assist businesses with all needs as they happen.

Time is money. Our concierge service assists businesses through each stage of the development process.

Our unparalleled plan check turnaround times consistently beat other agencies in the region. And we recently implemented SimpliCITY, a permitting system that allows developers and businesses to check their permit status online.

With its city-owned electric utility company, Moreno Valley offers attractive electric rate discounts that range from 7% to 26.5%. Businesses may receive an additional two percent discount for hiring 20 percent of their workforce from Moreno Valley residents or an additional four percent discount for hiring 40 percent of their workforce from Moreno Valley residents. Additional rebates exist for solar power and energy efficiency upgrades.

The City also developed the “Hire MoVal” program, which offers business license fee waivers and access to small business development resources. Together, the City of Moreno Valley and the County of Riverside run the popular Employment Resource Center, offering businesses free workforce recruitments, employee training, business consulting, workshops and job postings. Under certain criteria, businesses receive incentives for hiring recent graduates, as well.

For businesses operating in imports and exports, Moreno Valley is a designated foreign trade zone. And under the Time and Materials program, businesses may be eligible for cost savings on post-entitlement Planning, Building & Safety, Land Development and Fire Prevention plan check, permit and inspection fees.

Things to do

Residents and visitors alike enjoy the array of community programs and events offered by the City, with 200 classes for children and adults, plus parades, celebrations and family activities. We have an indoor trampoline arena, an equestrian park, a golf club and even a Wind Symphony and Master Chorale.

Our Southern California location makes it convenient to access local beaches and mountains, amusement parks, the best new restaurants and breweries, cultural celebrations and theater, all under perpetual sunshine and palm trees.

Hottest Market in Southern California

Moreno Valley’s ideal location, business friendly atmosphere and motivated workforce are why so many Fortune 500 companies have made it their home. Contact us to find out what we can offer you.




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