Economic Highlights

May 2018

Presentation Outline – Eric Duyshart

• Pasadena Economic Highlights

• Pasadena Companies

• New Development Activity

2

2018 – Q1

3

Commercial Vacancy Rates

4

Ground Level Storefronts

Office (A,B,C)

Flex and Industrial

5

Public Construction

Manufacturing

Education

29%

Finance

9%

Leisure/Hospitality

Education

Professional

Finance

RetailRetail

9%

Other

Wholesale

Transportation

Information

PASADENA JOBS

7

JOB SECTOR GROWTH

DECLINING GROWING

EducationFinance / Ins

Prof., Sci, & Tech

Health

Leisure / Food Serv.

Concentration Relative to County

Presentation Outline

• Pasadena Economic Highlights

• Pasadena Companies

• New Development Activity

8

• Yes To, Inc. manufactures, distributes, and sells skin, body, and hair care products. The company offers face care products, including wipes, masks, cleansers, moisturizers, treatments, and SPFs; body care products comprising body lotions and butters, bath and shower products, and hand care products; hair care products, which include shampoos and conditioners; lip care oils, balms, and masks; and baby care products, such as wipes, nourishing lotions, shampoos, and body washes.

9

OPEN X

We create programmatic

marketplaces where

premium publishers and

app developers can best

monetize their content by

connecting with leading

advertisers that value their

audiences.

888 E. Walnut Street

BLUEBEAM

55 S Lake Ave

Bluebeam develops smart, simple PDF

creation, markup and editing software

for paperless workflows. Products are

used by the world’s top architecture,

engineering and construction firms, as

well as government agencies.

EVERBRIDGE

155 N. Lake Ave

Everbridge is a global

software company that

provides enterprise

software applications that

automate and accelerate

an organization’s

operational response to

critical events.

STIR

Stir designs and markets products that contribute to leading a balanced,

healthy and inspired life. The company’s flagship product, the Stir Kinetic

Desk, is a revolutionary, smart, and connected desk that senses your

presence, moves from sitting to standing, learns from you and responds,

tracks extra calories burned and is Wi-Fi and Bluetooth equipped to

connect to other apps.

2010 Lincoln Ave

TETRA TECH

Tetra Tech is a leading

provider of consulting,

engineering, and technical

services worldwide. Home

to leading technical

experts in water,

environment,

infrastructure, resource

management, energy, and

international development.

3475 E. Foothill Blvd

SPOKEO

Spokeo uses proprietary merge technology to process over 12

billion records in less than 18

hours. They offer consumer and law enforcement services.

199 S. Los Robles

Public Records

Self-Portrayed Social Media

INTEGRATED DESIGN TOOLS

Produces High-speed

cameras and integrated

systems that are the top

solution for many different

industries, from auto-safety

testing to medical research

to filmmaking.

1 W. Mountain Street

17

Caltech Led Team– International Team - 30 m prime

mirror diameter, TMT will be three times as wide, with

nine times more area, than the largest currently existing

visible-light telescope in the world. This will provide

unparalleled resolution with TMT images more than 12

times sharper than those from the Hubble Space

Telescope.

Carnegie Led Team - The Giant Magellan Telescope -

will be constructed in the Las Campanas Observatory

in Chile. Commissioning of the telescope is scheduled

to begin in 2023

GOT ASTRONOMY?

GMTO AND TMT

465 N. Halstead

100 W. Walnut

18

MISO ROBOTICS

525 E. Green Street

Miso AI combines 3D, thermal and regular

vision to automatically detect when raw

burger patties are placed on the grill and

monitors each one in real-time throughout

the cooking process.

STROBE – GM CRUISE

• Lidar uses a pulsed laser sensor to measure the distance between objects and is a crucial component of autonomous vehicles' navigation systems.

19

VIRTUALITICS

Virtualitics has built the

first platform to merge

Artificial Intelligence,

Big Data and

Virtual/Augmented

Reality.

600 S. Lake Ave

H&H SPORTS PROTECTION

H&H Sports Protection is

the second largest

motorcycle helmet

manufacturer in the world.

We are a global company

headquartered in Hong

Kong with offices in USA

(Pasadena), Italy & Brazil

and factory in Shanghai.

100 E. Colorado Blvd

22

IDEALAB

130 W. Union St.

UBER MEDIA

Process billions of social,

demographic, and location

signals daily for Fortune

500 companies across

retail, automotive, and

entertainment

. Pasadena

Regional Map

Presentation Outline

• Defining the Pasadena Economy

• Commercial Districts

• Pasadena Companies

• New Development Activity

24

25

CHEN NEUROSCIENCE CENTER

CALTECH - DEL MAR NEAR WILSON.

ACADEMIC & INSTITUTIONAL

ACADEMIC & INSTITUTIONAL

26

Shriners Medical Center

Shriners Hospital

HMRI Lab

Kaiser Permanente School of Medicine SE corner of Los Robles and Green.

27

28

Doheny Eye Institute

Two Culinary Schools

29

ART CENTER – SOUTH CAMPUS

HOTELS

Hyatt Place

32

Dust – D2

HOTELS

33

Colorado and Hill

– 500 + rooms in two hotels

34

OFFICE

34

Charles Co.

(West of Urth Café)

Lincoln Properties

(Parsons Block)

Ayzenberg (on Walnut)

So. Cal Public Radio -KPCC Expansion

35

OFFICE

35

Alexandria RE -Union/Euclid

LAKE AND UNION - Office and Residential Project

v

Development Activity near Transit

Larger Projects Completed 1994-2016 Larger Projects Construction/Planned

38

Lincoln “ Parsons Block” (100 W. Walnut St.)

Mixed Use Project: Construct a 5-story - 400 apartments and

ground floor retail

3939

Los Robles and Colorado

40

388 Cordova – Housing and Office

41

711 E. Walnut

450 S. Arroyo Parkway

747 E. Green St.

Downtown Housing

Space Bank Site – 500 unit apartment project

42

43

Walnut and El Molino

Walnut and Fair Oaks

105 units – El Molino and Maple

44

45

Walnut and Hudson – 42 units

46

Lincoln Avenue – Proposed Mixed Use

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Pasadena

Recognized for:

Events in Pasadena 2018

• Bold Pas: An Art Takeover – May 12

• Taylor Swift’s at the Rose Bowl – May 18 - 19

• Space Tech -Pasadena Convention Center – May 22-24

• Mexico vs Wales Soccer at the Rose Bowl – May 28

• AlienCon -Pasadena Convention Center – June 15-17

• Arroyo Seco Weekend -Rose Bowl – June 23 - 24

• COSPAR International - Convention Cntr– July 15-22

• Astro Week at the Convention Center - July 14 – 20

• Jackalope Summer Nights – August 3- 4

• Ed Sheeran –Rose Bowl – August 18

• Jay-Z and Beyonce – -Rose Bowl – Sept 22 - 23

Economic Development Office

626-744-4660

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