Economic
Development
The
City of Westlake Village is located in the heart of the Ventura
Freeway (Highway 101) “Technology Corridor”. The Corridor
stretches along the freeway from Calabasas westward through the
Oxnard plain, and is recognized as one of Southern California’s
major R&D and technology growth areas. Within a fifteen mile
radius of Westlake Village are a host of high-tech manufactures,
R&D firms, biotechnology companies and healthcare organizations.
Westlake Village itself is home to a number of corporate headquarters,
including Dole Food Company, K-Swiss and Homestore.com to name a
few. Continued business growth and vitality in Westlake Village
is supported through “fast-tracking” the development review
and entitlement process, the Citys’ “no business tax”
commitment, a highly educated pool of workers, and the business-friendly
orientation of the City Council and staff. Companies seeking to
relocate or expand will find a wide range of commercial business
parks available within the City. Two outstanding examples include
the Spectrum business center and the Westlake North office parks.
The
Spectrum is occupied by the Westlake Village City Hall, Community
Center and Library, together with a collection of diverse business
located in a campus-like setting. Other major businesses in and proximate to Westlake
Village include the Farmers Insurance, Volkswagon of America, and
Blue Cross regional headquarters, Jafra Cosmetics, the Amgen campus
in Newbury Park, Baxter Pharmaceuticals, Autologic, Semtech Corporation
and many more. Long planned developments along the Ventura Freeway corridor are now under construction, including the Four Seasons hotel, spa and wellness center, the Marrio tt Residence Inn and the Westlake Landmark office complex. Future restaurant, office and commercial uses are also planned along the corridor.
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