El
Segundo offers a rich tradition
along with a coastal lifestyle
and a pro-business environment. Its modern facilities, skilled labor
force, low crime rate, comfortable, small-town feel and proximity
to LAX offer a fertile environment for growing companies. Its convenient
location has established El Segundo as a prominent corporate environment
attracting large and small companies alike.
Encompassing over 5 square miles,
El Segundo is bordered by Los Angeles International Airport on the
north, the City of Manhattan Beach on the south, the City of Hawthorne
on the east and the Pacific Ocean on the west. El Segundo's appeal
is derived from its highly desirable South Bay location close to
executive housing in the nearby coastal communities, Los Angeles
International Airport and the Ports of Los Angeles/Long Beach, two
major freeways and the Metro Green line. The city also offers superior
lifestyle amenities including beaches and coastal recreational areas
as well as abundant retail amenities concentrated on Sepulveda Boulevard,
Rosecrans Avenue and downtown El Segundo.
Recently,
LAEDC
Names El Segundo as the “Most
Business-Friendly City” in
LA County. El Segundo was selected by a blue-ribbon panel
of judges, comprised of regional
economic development leaders from a distinguished list of five finalists (which
also included Burbank, Lancaster, Long Beach and Santa Clarita) from the 88 cities
of LA County for its commitment to attracting and retaining high quality jobs
for its residents and the region.
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PREMIER EXECUTIVE HOUSING ACCESS
El Segundo is near a number of Los
Angeles County's most appealing upscale
residential communities, including
Manhattan Beach, Hermosa Beach, Palos
Verdes Estates, Marina del Rey and
Santa Monica. These communities offer
some of the finest executive housing in California and the nation.
The city itself provides a high quality of life and a variety of housing
opportunities, including apartments, condominiums and single-family
homes. LAX and the Pacific Ocean buffer El Segundo from the sprawl
of greater Los Angeles, creating a small town atmosphere that still
offers easy access to the metropolitan area. Quality public and private
schools serve residential neighborhoods; while nearby universities
such as Loyola Marymount and the University of California, Los Angeles
and the University of Southern California provide a well-educated
labor pool for local employers.
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ACCESSIBLE LOCATION TO KEY BUSINESS
CENTERS
El Segundo provides easy access to
residential, commercial and recreational
destinations located in West Los
Angeles and the South Bay. In addition
to its close proximity to the Pacific
Ocean and LAX, El Segundo is conveniently
located near other business and commercial
centers such as Manhattan Beach and
Torrance in the South Bay, as well
as Century City, Westwood, Beverly
Hills, Marina del Rey and Santa Monica
in West Los Angeles. All of these
centers are located within a thirty-minute
drive of El Segundo. Additionally,
Downtown Los Angeles, (18 miles to
the northeast), is accessible within
twenty minutes via the Century (105)
and Harbor (110) freeways.
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BROAD TENANT BASE
The South Bay area has traditionally
attracted aerospace and defense employers,
primarily due to its proximity to
Los Angeles Air Force base and LAX. While the aerospace/defense industry
remains a major employer in the area, technology and entertainment
companies have helped to establish the South Bay as a “new-economy” center
in recent years. The computer services
sector, which includes multimedia
and internet firms, has increased
dramatically over the past seven years. Adding to this growth, several
Fortune 500 companies seeking quality locations have moved into the
South Bay, strengthening and diversifying the tenant base of high
technology, telecommunications, accounting, health care, entertainment
and financial service firms.
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A sampling of El Segundo's
largest users includes:
SUPERB AMENITY BASE
El Segundo and neighboring Manhattan
Beach provide an excellent amenity
base, which is dominated by outdoor
recreation, dining, shopping and
entertainment. El Segundo offers
a quaint old town style Main Street
while Sepulveda Boulevard is home
to numerous square feet of neighborhood
shopping centers, a golf course
(Lakes at El Segundo) and Plaza
El Segundo, a
lifestyle center currently under
construction. Rosecrans Avenue, located
just south of the Property, features
upscale restaurants, retail, hotels
and entertainment including the Marriott
Hotel, Houston’s Steakhouse,
Barnes & Noble, Fleming’s
Steakhouse, McCormick & Schmick’s, Pacific Theaters, P.F.
Chang’s, Bristol Farms, Il Fornaio,
Manhattan Beach Tennis Club as well
as a golf course at the Marriott
Hotel. Outdoor activities include
the popular South Bay beaches of
Manhattan Beach, Hermosa Beach, Redondo
Beach and Dockweiler State Beach.
Other amenities in the area are clustered
in and around downtown Manhattan
Beach, the Hermosa Pier and Marina
del Rey. El Segundo also has excellent
access to the harbor at Marina del
Rey.
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MANHATTAN VILLAGE MALL
On the southeast corner of Rosecrans
Avenue and Sepulveda Boulevard is
Manhattan Village Mall, a 423,300
square foot retail community center
and regional mall that recently underwent
a $15 million renovation. Manhattan
Village is located approximately
2 miles south of Campus
El Segundo. The mall features a Ralphs
grocery, Sav-on drug store, Macy’s Men
and Home Store, Macy’s Women, The Gap, Victoria’s Secret,
Express, Coach, Tommy Bahama and
several other shops, banks and restaurants.
New additions after the renovation
include Ann Taylor Loft, Pottery
Barn, Pottery Barn Kids, Origins,
Chico’s,
Williams-Sonoma, White House-Black
Market, Tacone Café
and Talbot’s.
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PLAZA EL SEGUNDO
Plaza El Segundo is located on Sepulveda
Boulevard just north of Rosecrans
Avenue. This
380,000 square foot Lifestyle Center
is located 2 miles
south of Campus El Segundo. The new
state of the art development opened
in December of 2006. Plaza El Segundo
has an exceptional mix of retailers
and restaurants which include Borders,
Petsmart, Best Buy, Linens N’ Things, Whole
Foods, Chicks Sporting Goods, American
Eagle Outfitters, Banana Republic,
BCBG, Anthropologie, Starbucks, Salt
Creek Grille, La Sirena Grill, Marmalade
Café and
many others.
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DOWNTOWN EL SEGUNDO
Nestled just one mile west of Sepulveda
Boulevard, charming downtown El Segundo
is an eclectic mix of shops, cafés
and restaurants. Here you'll find
the very essence of small-town U.S.A.
This unique location is filled with beautiful tree-lined streets,
picket fences, fascinating murals and multiple retail destinations.
Downtown has a considerable number of service businesses. In addition,
downtown El Segundo provides local users lunchtime amenities that
include Rinaldi’s Deli, Su Casa,
Richmond Street Bar & Grill, El Tarasco, Chicken Dijon, The Dugout
and many more.
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SAFETY
El Segundo is one of the safest cities
in Southern California. The ratio of sworn police officers to residents
is 4.5 to every 1,000, which is more than twice the average of other
California cities. The average police response time to an emergency
is only 1.3 minutes, approximately 6 minutes faster than the Los Angeles
citywide response average.
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FAVORABLE MUNICIPAL TAX TREATMENT
El Segundo offers an advantageous
business tax structure compared
to the City
of Los Angeles. El Segundo users
are not subject to gross receipts
or parking tax, and utility taxes
are significantly lower. The
impact on a tenant’s
inherent cost of occupancy can be
significant. It is not a coincidence
that so many major corporations have
located within El Segundo.
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