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Economic Highlights
May 2018
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Presentation Outline – Eric Duyshart
• Pasadena Economic Highlights
• Pasadena Companies
• New Development Activity
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2018 – Q1
3
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Commercial Vacancy Rates
4
Ground Level Storefronts
Office (A,B,C)
Flex and Industrial
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5
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Public Construction
Manufacturing
Education
29%
Finance
9%
Leisure/Hospitality
Education
Professional
Finance
RetailRetail
9%
Other
Wholesale
Transportation
Information
PASADENA JOBS
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JOB SECTOR GROWTH
DECLINING GROWING
EducationFinance / Ins
Prof., Sci, & Tech
Health
Leisure / Food Serv.
Concentration Relative to County
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Presentation Outline
• Pasadena Economic Highlights
• Pasadena Companies
• New Development Activity
8
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• 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.
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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
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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.
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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.
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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
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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
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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
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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
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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
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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.
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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.
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VIRTUALITICS
Virtualitics has built the
first platform to merge
Artificial Intelligence,
Big Data and
Virtual/Augmented
Reality.
600 S. Lake Ave
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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
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IDEALAB
130 W. Union St.
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UBER MEDIA
Process billions of social,
demographic, and location
signals daily for Fortune
500 companies across
retail, automotive, and
entertainment
. Pasadena
Regional Map
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Presentation Outline
• Defining the Pasadena Economy
• Commercial Districts
• Pasadena Companies
• New Development Activity
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CHEN NEUROSCIENCE CENTER
CALTECH - DEL MAR NEAR WILSON.
ACADEMIC & INSTITUTIONAL
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ACADEMIC & INSTITUTIONAL
26
Shriners Medical Center
Shriners Hospital
HMRI Lab
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Kaiser Permanente School of Medicine SE corner of Los Robles and Green.
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Doheny Eye Institute
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Two Culinary Schools
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ART CENTER – SOUTH CAMPUS
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HOTELS
Hyatt Place
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Dust – D2
HOTELS
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Colorado and Hill
– 500 + rooms in two hotels
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OFFICE
34
Charles Co.
(West of Urth Café)
Lincoln Properties
(Parsons Block)
Ayzenberg (on Walnut)
So. Cal Public Radio -KPCC Expansion
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OFFICE
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Alexandria RE -Union/Euclid
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LAKE AND UNION - Office and Residential Project
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v
Development Activity near Transit
Larger Projects Completed 1994-2016 Larger Projects Construction/Planned
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Lincoln “ Parsons Block” (100 W. Walnut St.)
Mixed Use Project: Construct a 5-story - 400 apartments and
ground floor retail
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3939
Los Robles and Colorado
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388 Cordova – Housing and Office
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711 E. Walnut
450 S. Arroyo Parkway
747 E. Green St.
Downtown Housing
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Space Bank Site – 500 unit apartment project
42
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Walnut and El Molino
Walnut and Fair Oaks
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105 units – El Molino and Maple
44
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Walnut and Hudson – 42 units
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Lincoln Avenue – Proposed Mixed Use
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Pasadena
Recognized for:
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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
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Economic Development Office
626-744-4660
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50