After unemployment in Santa Clarita plunged in April to 4.6 percent, the rate rose slightly to 4.8 percent in May, California's Employment Development Department reported Friday.
Valencia Studios on Avenue Hall has been put up for sale.
Sales of single-family homes in the Santa Clarita Valley remained steady in May, while sales slowed in the San Fernando Valley, according to a report released by the Southland Regional Association of Realtors.
A growing trend of banks placing distressed homes up for sale with online auctions has left Santa Clarita Realtors crying "foul," claiming online auction sites are using "shill" bids to drive prices up.
PizzaRev of Santa Clarita is but one of 11 locations the fast-casual chain pizzeria has opened since its inception in 2012, but it plans to rapidly ramp up by adding 12 more locations throughout the U.S. in the coming year, according to one of its executives.
The Elephant Bar restaurant on McBean Parkway in Santa Clarita is set to close Thursday night, a manager confirmed Monday.
When Samsung opened its research and development audio lab this year, it was the first known Korean-based company to locate an operation in Santa Clarita.
Beginning June 1, the Motion Picture and Television Fund health care centers, including the one on McBean Parkway in Santa Clarita, will operate under the UCLA Health System umbrella.
When the SCVBJ invited a group of local entrepreneurs and startup CEOs to the table this month, we knew the conversation would not follow the regular, orderly pattern of most industry professionals.
Designed to house specific kinds of startup companies that complement the region's growing entertainment industry, the downtown Newhall incubator being launched by the city of Santa Clarita and College of the Canyons is expected to open in October, said an official with the city.
Six leaders from the Santa Clarita Valley accompanied Los Angeles County Supervisor Michael Antonovich on a one-week trip to meet with business leaders and investors in China and Hong Kong. One of the meetings held included 40 to 50 potential investors who are interested in the U.S. market. The SCV Business Journal asked each of the local people in the delegation about their personal impressions, and the economic opportunities they see for the Santa Clarita Valley.
Entrepreneurs have designed a new medical device system that will help usher medical care into the 21st century using existing consumer technology that both lay people and professionals can easily access.
When AMS Fulfillment of Santa Clarita learned it was going to lose its largest customer in 2013, the company planned for, and weathered, the storm. The company has just reported that within the space of months, it is already back in positive territory and operating in the black.
With an increase in the number of homes sold in April, and rising median prices, Santa Clarita is outperforming other regions, according to the Southland Regional Association of Realtors CEO Jim Link.
Top-producing commercial real estate brokers in the Santa Clarita Valley were recognized by the Santa Clarita Valley Economic Development Corporation on Thursday.
Taking advantage of panoramic view lots in Plum Canyon, KB Home has built a series of large move-up or executive level homes at its latest Canyon Crest and Canyon Heights neighborhoods in Santa Clarita. More than the design, however, these homes help to protect precious resources.
Among the bills awaiting Gov. Jerry Brown's signature to become law is one aimed at protecting a growing class of California workers - temporary hires.
As film flight continued between 2004 and 2012, the film industry lost more than 16,000 jobs according the latest report by the Milken Institute. These aren't just any jobs either. They're high-paying middle class jobs with wages that can average $98,500 per person – jobs that contribute to the state revenues and provide sustainable incomes that allow the workers to spend that money in their local communities.
As the historic downtown Old Town Newhall district continues to undergo a renaissance, some of the retailers in the business district have used filming to supplement the bottom line, produce income for vacant buildings or fund charitable efforts in giving back to the community.
The city's Film Incentive Program was put in place in 2009 to "drive economic activity" in Santa Clarita. We asked Jason Crawford, economic development manager and overseeing the city's film office, what exactly does that mean?
Providing expedited permit processing and notably lower permit fees than neighboring cities, the city of Santa Clarita is readying to expand the number of ranches it includes it includes in its Movie Ranch Overlay Zone.
Influenced by working for the Disney special effects department, Monte Lunde and Rock Hall struck out on their own and opened their own entertainment systems company, Technifex, in 1984.
Back when Walt Disney founded California Institute of the Arts and the Disney movie ranch in Santa Clarita, few would have predicted how successful the filming industry would become locally. When the two entities were founded more than five decades ago, Santa Clarita was mostly a sleepy backwoods rural area in Los Angeles County.
As the city of Santa Clarita gears up to open its incubator program, targeting creative industries, it is working with a number of business organizations to publish the application process for interested startup companies.
Hoping to keep film production in California, lawmakers moved to quadruple tax credits as an incentive to keep the state's homegrown film industry at home. The state Senate Appropriations Committee approved a bill that would boost total subsidies to $400 million a year.
The California's Legislative Analyst's office reported that gross output of the U.S. motion picture industry in 2012 was $120 billion – more than natural gas distribution ($82 billion). And in analyzing the value of a state tax credit to keep filming in California, the office noted that the state lost 13 percent of the industry's jobs in only eight years.
As a high-end performance car corners the curve on a canyon road during a chase scene, one car flips in a crash as helicopters descend heading for the lead car. And special effects engineering company for the stunt industry, J.E.M. F/X, is on the movie set.
What if you believed you could build a better community – one where a collective of people decide how they will live and work, and what the rules and law of the new society will be? Would the people selected create ultimate happiness or utter chaos?
California lawmakers and Gov. Jerry Brown said Wednesday they have reached a deal that would offer $330 million a year in tax credits for Hollywood film productions over five years.
Two Santa Clarita hotels, Holiday Inn Express and the Best Western sitting side-by-side off the I-5 freeway at Magic Mountain Parkway, have been sold for $21 million.