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In This Issue
New Development Impact Fee
ED Action Plan
Speculative Development
New Business Highlight
Spotlight on Moreno Valley Business
Events/Awards/Trends
Get to Know Us
Awareness
Quick Links
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Quarterly Economic Development News
developmentimpactfeeDevelopers Support City's New DIF Schedule 
 
Many members of the development community attended the October 9, 2012 Moreno Valley City Council meeting to lend support for the proposed Development Impact Fee (DIF) rate revisions. The Council-approved new DIF rate schedule had not been updated since 2005. Approved by the City, the new DIF update provides a balance that continues to encourage quality development while providing for the infrastructure needs of a growing City.

 

The revised rate schedule will be made available on the City's Website at www.moval.org by January 15, 2013. For more information, please contact the Land Development Division of the Community & Economic Development Department by calling 951.413.3120.

EDPlan
Moreno Valley's Economic  
Development Action Plan a Success
 

After just 18 months of implementation of the Economic Development Action Plan, the City can boast of successes in job growth and project advancement. The Plan outlined a series of steps in April 2011 with the goal of Business Development and Job Creation. 

 

More information can be found on the Community & Economic Development Department webpage at www.moval.org/CEDD.

projecthighwinterSpeculative Development
is Heating Up in Moreno Valley
  

Interest in the Moreno Valley industrial market continues to heat up. Several major industrial development firms are pursuing speculative development projects to take advantage of the significant interest by business users. The following are just two examples of the development activity in Moreno Valley:

  • The I-215 Logistics Center under development by Trammell Crow Company (TCC) has pulled permits for its speculative 1.25 million square foot industrial building in the South Moreno Valley Industrial Area. The TCC project also includes a future 457,000 square foot building.
     
  • USAA Real Estate Company is nearing completion of a 522,374 square foot building project in the Centerpointe Business Park.
NewbusinessNew Business Highlight
 

The S Bar & Grill has opened as the second restaurant concept in Moreno Valley for the Lim family.  Located in Sunnymead Ranch, S Bar & Grill provides an upscale sports bar environment with a casual menu. 

 

The opening of S Bar & Grill is one of several new dining options becoming available to Moreno Valley- with Miguels Jr. and Chipotle coming soon.

 

spotlightmallwasteSpotlight on Moreno Valley Business
 

"Spotlight on Moreno Valley Business" recognizes both large and small, corporate and independent businesses in the community. Most recently, the two businesses below were publicly recognized for their generous commitment to the Moreno Valley community:

 

Waste Management

Waste Management is one of North America's leading providers of comprehensive waste management services. Waste Management is also a major developer, operator and owner of waste-to-energy and landfill gas-to-energy facilities in the United States. 

 

With a transfer station right in Moreno Valley, Waste Management is a leading supplier of compressed natural gas (CNG) for energy efficient vehicles. Company representatives are very active in a number of community organizations and events.

 

Moreno Valley Mall

Moreno Valley Mall delivers the ultimate shopping experience for Moreno Valley and surrounding communities. 

 

Under new management the Moreno Valley Mall is working on plans to expand the 1.25 million sq. ft. regional mall to the north of Harkins Theatres, featuring new retail and restaurant opportunities. 

 

The Mall features favorite shops for locals along with the national brands sought after by consumers, as well as a popular 16-screen, state-of-the-art theatre.   Check out new additions including Round 1 Bowling & Amusement, Rue 21, Shellshock, Boba Express, and the Vanguard Art Gallery.

The Ribbon Cutting of the Auto Mall Improvements took place on Thursday, November 1, 2012. From left to right, Glenn L. Moss, Sr., Mayor Richard A. Stewart, Mayor Pro Tem William H. Batey II and Council Member Robin N. Hastings.
Auto Mall Improvement Phase II
Completion Celebrated
The City hosted a ribbon cutting event in celebration of the completion of Redevelopment Agency-sponsored improvements to the Auto Mall that modernized the image of the 23 year old auto center. 
 
Improvements have included a new freeway sign with a state of the art full color reader board, along with new corner monument features and auto display pads. Moss Bros. Auto Group is concurrently underway with significant investment to upgrade its seven dealerships.

markGet to Know Us: Mark Sambito

  

Mark W. Sambito, PE, is the Engineering Division Manager for the City of Moreno Valley. Mark manages the Land Development Division which includes counter services, project entitlements, plan check, field inspection, as well as managing the City's interests in Water Quality and Pollution Control in accordance with State mandates. 

 

The Land Development Division is part of the Community & Economic Development Department and provides key services to support the City's Economic Development Vision as "a best place to do business". Mark emphasizes the importance of customer service for the development community to navigate the planning and entitlement process. The Land Development staff is committed to providing timely service to a developer's progression from conception, through construction and then into occupancy.

 

With an undergraduate degree in Civil Engineering from California Polytechnic State University at Pomona, registration with the State of California as a Civil Engineer and 25 years of experience in all aspects of Land Development services. Mark is currently enrolled in a graduate school program through California State University at Northridge pursuing a Masters in Public Administration. Mark also keeps busy as a member of the Board of Directors for the American Public Works Association, Inland Empire Branch.

developerworkshopsQuarterly Developer Workshops 

 

The City of Moreno Valley's quarterly Developer Workshop provides a unique opportunity for members of the development community to join City Council members from the Economic Development Committee, City executive leadership and key development services staff to discuss ways to enhance the development services process in Moreno Valley. 

 

This meeting is designed to promote communication and facilitate the exchange of ideas about topics related to development in Moreno Valley. 

 

The next developer's workshop will be on Thursday, February 14, 2013. For more information about this opportunity, please contact Karyn Kiefer at karynk@moval.org.

We Want to Hear from You!
The City of Moreno Valley Economic Development Team is here to assist you.  Please send your comments, questions and suggestions to: edteam@moval.org

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