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Development News and Headlines |
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Luminex
Software Expands in the City of Riverside |
City of Riverside, CA. - July 19, 2004 -- Luminex
Software, Inc., a leading developer of data storage products that tackle
the complex challenges of storing, archiving, distributing and protecting data,
announced today that it has moved into its new worldwide headquarters at 871
Marlborough Avenue in the Hunter Business Park, Riverside, CA.
More... |
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QMotions, Inc. To Relocate and Expand Corporate Headquarters to Riverside's
University Research Park |
Research Facility Accommodates and Encourages Growth in Entrepreneurial
Technology-Based Companies |
| City of Riverside, CA. - May 10, 2004 - Marking significant growth in
the gaming technology industry, QMotions, Inc. announced today the relocation
of its corporate headquarters to the City of Riverside's 56-acre University
Research Park (URP), which provides intellectual and business development
support and competitiveness to small and expanding technology-based companies. Occupying
approximately 12,000 square feet of the 25,000-square-foot facility, the
relocation will accommodate the firm's 15 employees and warehouse space.
QMotions is scheduled to move from its current Riverside location in fourth
quarter 2004. More... |
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City of Riverside, California, Report reveals Significant Demographic
Segment Supporting High-End Retail |
| City of Riverside, CA. - January 16. 2004 - A new report released by
the City of Riverside's Economic Development Department and regional economist,
John Husing, demonstrates Riverside's total city population of 255,802
recorded in the 2000 Census included 168,303 people with an average household
income of $82,939, or a total income of $4.4 billion. The results prove
to retailers that base their site selection decisions on cities' household
incomes that Riverside has enough buying power to sustain high-end retailers. More... |
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Second largest natural & organic food supermarket chain comes
to Riverside- |
| City of Riverside, CA. - July 3, 2003- Wild Oats Markets, Inc. the nation's
second larges natural and organic foods retailer will relocate its Southern
California and Arizona refrigerated distribution facilities to Riverside. Wild
Oats has signed a long-term agreement with Space Center to occupy approximately
241,00 spare feet of a 437,00 square foot build-to-suit building at Space
Center Sycamore Canyon in the Sycamore Canyon Business Park area of the
City of Riverside. More... |
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Veterinary Service Inc. relocates to Riverside |
| City of Riverside, CA. - An employee owned company and a leading distributor
of animal health products and services, Veterinary Service, Inc. (VSI),
will be consolidating its Perris and Mira Loma facilities and doubling
their existing space by relocating to the Hunter Business Park in the city
of Riverside. The new 102,545 square foot warehouse/ distribution
center located at 935 Palmyrita Avenue was built by a development partnership
of Richard Stenton, Mission Equity, Jim Barton, Barton Development and
Bob and Brian Tanklage of Tanks Enterprises LLC. This new facility
will store and distribute veterinary supplies such as birdseed, cat and
dog food, pet toys, grooming supplies and pharmaceuticals according to
Kirk Lewis, VSI Branch Manager. More... |
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Kiwi Indian Motorcycle parts manufacturer
relocates to city of Riverside
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| City of Riverside, CA. - February 4, 2003-Kiwi Indian Motorcycles,
the world's largest Indian Motorcycle parts designer and distributor recently
purchased a 10,500 square foot industrial building, located at 4183
Fairgrounds St., in the Fairgrounds Business Park adjacent to the 60 Freeway
in the City of Riverside. Relocating from their 2,400 square foot
facility in Woodcrest, CA the new building is a major expansion for Kiwi
Indian Motorcycles. More... |
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Angelides presents Smart Growth grant to Riverside |
| City of Riverside, CA. - State Treasurer Phil Angelides today presented
the City of Riverside with a grant in the amount of $300,000 for a program
to encourage development of single-family homes on infill lots within neighborhoods. The
grant is being awarded by the California Pollution Control Financing Authority,
chaired by the Treasurer, as part of the new Sustainable Communities Grant
and Loan Program. More... |
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Canyon Springs shopping center is HOT for Riverside retailers- |
| City of Riverside, CA. - November 25, 2002- Soon Riverside shoppers will
have another location to spend their retail dollars as Canyon Springs Shopping
Center becomes a popular destination for retailers expanding in the City
of Riverside. Canyon Spring Shopping Center is located on Canyon Springs
Parkway, just south of the 60 Freeway at the Day Street exit. The 30-acre
Canyon Springs Shopping Center will add approximately 268,850 square feet
of new retail space and is projected to bring over $66 million in additional
taxable sales to the City. Approximately 400 new jobs will also be created
as a result of the new retail development. More... |
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Toro announces plans to stay in Riverside |
| City of Riverside, CA. - November 21, 2002- The Toro Company, an over
40 year old Riverside business, will be keeping their Regional, located
in their 185,000 square foot Irrigation Business Headquarters building
at 5825 Jasmine Street in Riverside. With this announcement, Toro intends
to spend over $5 million in private investment to improve, remodel and
modernize the facility and will retain approximately 200 salaried employees
at the site. More... |
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The David and June Goldware Senior Housing Celebrates its completion |
| More... October
10, 2002 |
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Sycamore Canyon experiences rapid development- |
| City of Riverside, CA. - September 19, 2002- On Saturday, September 21st,
Sycamore Canyon Business Park will embark on a new era of development with
the official grand opening of Magnussen Home's North Logistics Center.
The 400,580 square foot build-to-suit facility, developed by Panattoni
Development, will be the first completely new building in the area since
the early 1990s and will kick-off a wave of new industrial development. More... |
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Low electrical rates lure PlasCor to Riverside- |
| City of Riverside, CA. - August 12, 2002- PlasCor Corp, a custom blowmolder
producing plastic bottles, will be relocating from Corona to Riverside
in an effort to save electricity and to provide a more favorable work schedule
for its employees. More... |
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KPI Industries relocates to Riverside- |
| City of Riverside, CA. - August 12, 2002- KPI Companies, a supplier of
re-conditioned high-tech medical imaging equipment, is consolidating two
of its companies, KPI Industries and KPI Ultrasound and moving to Riverside's
Hunter Business Park. More... |
Sport Chalet to open store in Riverside- |
| City of Riverside, CA. - August 9, 2002- A new upscale retailer, Sport
Chalet, will occupy part of a prime Riverside retail site in the 80,000
square-foot former Home Base building at 3700 Tyler Ave. directly across
the street from the Galleria at Tyler Super Regional Mall. More... |
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The Hartford to open Riverside claims office- |
| City of Riverside, CA. - The Hartford Financial Services Group Inc.,
a leading provider of insurance and investment products and services, has
signed a five-year lease with the Magnon Companies for a 19,986 square
foot spec office building located at 895 Marlborough in the Hunter Technology
Park for a new claims office for its Specialty Risk Services (SRS) subsidiary. More... |
City Council expands down payment program citywide- |
| City of Riverside, CA. - City Council approved an amended agreement between
the City of Riverside and Community Investment Corporation (CIC) that expanded
the Down Payment Assistance (DPA) program citywide on July 1, 2002. More... |
Forbes/Milken study ranks 'Best Places to Do Business' in U.S.: Riverside
comes in 11th!- |
| City of Riverside, CA. - The 2002 Forbes/Milken Institute study of the
best places in the United States to do business and boost one's career
includes eight California cities and three Texas cities in its "top
15." More... |
University Village Parking Structure to resume construction- |
| City of Riverside, CA. - University Village partners and the Redevelopment
Agency of the City of Riverside announced today that the multi-story parking
structure at University Village resumed construction on Monday morning,
June 10, 2002. More... |
World's largest commercial printer moves to Riverside- |
| City of Riverside, CA. - Quebecor World, the world's largest commercial
printer, signed a long-term agreement with Space Center to occupy 196,000
square feet of a 437,297 square foot build-to-suit building at Space Center
Sycamore Canyon in the Sycamore Canyon Business Park area of the city of
Riverside. The plant will focus on the retail market and will significantly
strengthen Quebecor World's presence on the West Coast. Additionally, 50,000
square feet of the Riverside facility will be designated for the newest
Quebecor World Logistics consolidation facility, which will enhance Quebecor
World's distribution capabilities in Southern California and Arizona. More... |
Trademark Plastics, Inc. to save by relocating to Riverside- |
| City of Riverside, CA. - Trademark Plastics, Inc., a leader in custom
injection molding and mold making for the medical industry, will move its
operation to Riverside this July. Trademark has leased a new 100,000 square
foot state-of-the-art building in the Hunter Highlands Corporate Park at
807 Palmyrita Avenue within the city of Riverside from The Magnon Companies.
The company, currently operating out of Rancho Cucamonga, is one of many
manufacturers eager to save money on energy cost. Moving to Riverside will
save Trademark over a million dollars in utility expenses over the next
four years. More... |
Magnussen Presidential Furniture to locate in Riverside- |
| City of Riverside, CA. - Panattoni Development Company recently signed
a 400,580 square foot build-to-suit lease with Magnussen Presidential Furniture
in Riverside's Sycamore Canyon Business Park. The new cross-dock facility
located at 2335 Cottonwood Avenue will serve as Magnussen's North American
Distribution Center. The Canadian based company has been manufacturing
fine furniture since 1931. More... |
City of Riverside wins Economic Development Award- |
| City of Riverside, CA. - The city of Riverside's Economic Development
Department along with Riverside Public Utilities has won the Silver-level,
2nd Place Award in the Utility Economic Development Programs
category of the Business Facilities' 2001 Economic Development Achievement
Awards. The award was given for the economic development (ED) rate
incentive for new or expanding customers within Riverside. This incentive
provides a 40% electric rate reduction in year one and a 20% reduction
in year two of a multi-year agreement. More. |
AFG Insulating to open facility in Riverside- |
| City of Riverside, CA. - AFG Insulating, the largest supplier to the
construction/specialty glass market and the second-largest glass manufacturing
organization in North America announced that they will be opening a new
insulated glass manufacturing facility in Riverside. This facility
will glaze and temper glass for the window industry. AFG will hire
approximately 40 new employees with expected growth to 100 employees within
the next two years. More. |
Agua Mansa Enterprise Zone awarded five year extension- |
| City of Riverside, CA. - On September 4th, the California Technology,
Trade, and Commerce Agency officially awarded the extension of the State
Designated Agua Mansa Enterprise Zone for an additional five years September
4th. More... |
AmericanMaid moves from Corona to Riverside to save money on electrical
rates- |
| City of Riverside, CA. - In an effort to save almost a million dollars
over the next four years, AmericanMaid, a plastics manufacturer currently
located in Corona, has opted to move a mere fifteen miles east to neighboring
Riverside to take advantage of the more reasonable and predictable electric
rates that the City of Riverside's municipally-owned utility can provide. More... |
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