More Than 100 Firms Locate in Ventura Freeway Corridor
More than 100 nationally recognized corporations have located in the Ventura Freeway Technology Corridor region, which some developers are saying now “rivals Irvine as the most desirable center for high-tech and office development in Southern California.”
The Ventura Freeway Technology Corridor region is in Woodland Hills, Calabasas, Agoura Hills, Westlake Village, Thousand Oaks and Newbury Park.
Some of the major developments in the Technology Corridor include the Agoura Hills Business Center in Agoura Hills, a 14-acre office development of Cabot, Cabot & Forbes, scheduled for ground breaking by next June; the Agoura Hills Technology Park in Agoura Hills, a 34-acre, high-tech manufacturing and office project of Katell Properties targeted for completion late this year, and the Conejo Corporate Center in Newbury Park, a 50-acre research/development complex by the Sammis Co., expected to be ready for first phase occupancy in January.
Also, the Kaiser Westlake Business Center in Westlake Village, a 147-acre business and residential project by Kaiser Development Co. and planned for completion in the early 1990s; the Los Hills Business Center in Calabasas, a 65-acre commercial/industrial development by Cabot, Cabot & Forbes, with Phase 1 due for completion in late 1987, and the Malibu Canyon Business Park in Calabasas, a 16-acre master-planned site developed by the Johnston Group with the first phase expected to be completed this month.
“The Technology Corridor Assn. (TCA) expects this expansion to continue as increasing numbers of corporations establish themselves here,” Edward Ball, vice president and regional manager of Cabot, Cabot & Forbes and one of the founding members of TCA, said. TCA is a nonprofit organization designed to promote awareness of the benefits of living and working in the six Technology Corridor communities.
More than 15 firms have settled in Westlake Village during the past five years, according to the Westlake Village Chamber of Commerce, and companies from Dallas, Northern California and Orange County have expressed interest in relocating to the region.
