LOS ANGELES –At the 20th annual Eddy Awards Thursday night, the Los Angeles County Economic Development Corporation (LAEDC) recognized the city of Palmdale as the “Most Business-Friendly” city with a population greater than 65,000.
The city of El Segundo was recognized as the Most Business-Friendly city with a population under 65,000.
“This year’s Most Business Friendly cities, Palmdale and El Segundo, understand that communities and families thrive when good jobs are created, and because many businesses can choose to locate those jobs anywhere, job creation depends on business-friendly practices,” stated Bill Allen, chief executive officer of LAEDC.
The winners were selected based on the following criteria:
- Demonstrated commitment to economic development as a priority.
- Programs and services designed to facilitate business entry, expansion and retention.
- Economic development activity over the past three years.
- Competitive business tax rates and fee structures.
- Availability of economic incentives.
- Effective communication with and about business clients.
According to the LAEDC, Palmdale was recognized as the “Most Business-Friendly” city with a population greater than 65,000 because:
Palmdale boasts ample and affordable space, a highly skilled and motivated workforce, incentives, outstanding infrastructure, and a solid transportation plan for the future. The city provides businesses with extremely fast entitlement approval process. The city has implemented a new ProjectDox Program where developers/contractors electronically submit plans for review, comment & approval. Additionally, the city of Palmdale offers Crime Prevention Thru Environmental Design (CPTED) in the design stages of development for businesses. The city does a lot of the little things right too, such as making monthly visits with the mayor to local businesses, providing personalized service by staff, publicizing and hosting grand openings and celebrations, and building lasting relationships. Maybe that’s why John Novak, President of Patton’s Steel called Palmdale “the most accommodating City we’ve ever worked with.”
About the LAEDC
Established in 1981, the Los Angeles County Economic Development Corporation (LAEDC) provides collaborative, innovative and strategic economic development leadership to promote a globally competitive, prosperous and growing L.A. County economy to improve the health and well-being of residents and communities and to enable those residents to meet their basic human need for a job. The LAEDC achieves this through objective economic research and analysis, strategic assistance to government and business, and targeted public policy. Since 1996, the LAEDC’s Business Assistance team has helped to retain or attract over 198,000 annual jobs in Los Angeles County. For more information, visit www.LAEDC.org. For more information on the LAEDC’s annual Eddy Awards, visit www.laedc.org/eddy.