Amazon HQ2

Local Community Moreno Valley, Calif.

international logistics and e-commerce tenants in the past 2 years. The newly approvedWorld Logistics Center offers 40.6million square feet – the largest industrial corporate business campus in California. Retail and restaurant sales: We celebrated the opening of 20 new restaurants in 2016. We’re on track to open 15more in 2017. There aremore than 200 nationally recognized restaurants and various boutique dining experiences to choose from. And our restaurant chains outperform the national average by as much as 25.6%. Moreno Valley has two regional shopping destinations and 40 shopping plazas. There aremore than 500 national and boutique retailers throughout the City. There are more than 6,300 single-family andmultifamily units in the development process. Riverside University Health System (the headquarters of the County hospital systemwhich is based in Moreno Valley) and Kaiser Permanente are expanding their facilities to meet strong regional demand. Moreno Valley’s ideal location, business friendly atmosphere andmotivated workforce are why somany Fortune 500 and international companies havemade it their home. It’s our goal to offer our residents and businesses an unsurpassed quality of life featuring abundant recreation, desirable private and public services, varied residential living choices and well-paying employment opportunities.

MORENO VALLEY, CA - Moreno Valley is a progressive city with a bright future. Whilemaintaining its friendly small town attitude, the 51-squaremile community boasts big city amenities including contemporary retail destinations and neighborhood shopping centers, plus a multitude of options for entertainment, dining, cultural, and recreational experiences and an array of housing options. Solid growth has propelled Moreno Valley to its position as the second largest city in Riverside County and twenty first in California. Moreno Valley’s population is booming with 209,826 residents and an annual growth rate of 5.68%. The region’s population is also booming withmore than 4.5million people calling the two County Inland Empire home and 2,325,591 people within a 20-mile radius. The median age is 31.2. Consumers in town are plentiful, youthful and driven. There are two colleges (University of California Riverside and Moreno Valley College) adjacent or within town that attract more than 32,000 students. Moreno Valley households are thriving, with a total of 55,393 households citywide and 655,434 households in a 20-mile radius. The average household size is 3.78 and the rate of home ownership is 64%. The workforce in Moreno Valley is also strong. The workforce population consists of 84,014 in town and 1,075,022 within a 20-mile radius. Approximately 50.8% of the workforce is white collar. Incomes in the City are also up and climbing. The average household income is $69,610. More than 19,000 households earnmore than $75,000 per year and 243,000 households earnmore than $75,000 in a 20-mile radius.

Ideally situated at the epicenter of Southern California, Moreno Valley is Southern California’s best opportunity for a new business or a development project. Moreno Valley’s prime location at the junction of Interstate 215 and State Route 60 is less than an hour away fromLos Angeles, Orange, and San Diego counties. Moreno Valley offers diversified, developable real estate available at competitive pricing. Some of themost affordable land values in Southern California are found in Moreno Valley. At 4,500 businesses strong and growing, Moreno Valley is home tomany Fortune 500 and international companies, including: Amazon (2 facilities), Procter & Gamble, Skechers USA, Harbor Freight Tools, Aldi Foods, Deckers Outdoor (UGG Boots), Philips Electronics, Harman Kardon, Serta Mattress, Walgreens, Lowe’s Home Improvement, Ross Dress For Less, Minka Lighting, United Natural Foods, ResMed, Federal- Mogul, O’Reilly Automotive, Masonite Doors, Fisher & Paykel Healthcare and Karma Automotive. Moreno Valley prides itself as being a low cost city. California’s property tax is less than the national average and themaximumallowable property tax rate is set at 1% of a home’s assessed value. Sales tax in Moreno Valley is 7.75%, lower than several of the surrounding cities in Riverside and San Bernardino counties. There is no payroll tax or local wage ordinance.

Moreno Valley leads the county in absorption of more than 6.6million square feet by new corporate/

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