Scv signal ranch 6000 acres7/14/2023 ![]() The development consists of seven newly constructed industrial buildings, with phase one already completed and fully occupied. This is a 1.3 million square foot brand new industrial development is situated on 116 acres located north of Highway 126 in Valencia. The 1.3-million-square-foot IAC Commerce Center is set to consist of seven industrial buildings on 116 acres. They completed the first office building, and the city of Santa Clarita is working with them right now on what will be the second office building, which will be in construction soon, according to Crawford. ![]() “That’s really a unique one, and when you think that 50% of the population in the Santa Clarita Valley lives in Canyon Country, that’s going to be a really nice project, not only for companies that want to have their offices there, but just an amenity to that group of the population in the SCV,” Peters said. Situated near Highway 14 and the Via Princessa off-ramp in Canyon Country, the 185-acre Vista Canyon project is set to become a mixed-use, pedestrian- and cyclist-friendly community with townhomes, single-family residences and luxury apartments, as well as office and commercial space, a new transit center and more than 21 acres preserved for recreation. “This project is going to be such a big driver for the economy with all of the businesses and all the jobs that come with that, providing, obviously, new opportunities for folks to work here instead of having to commute down to Los Angeles,” Crawford added. The business park located on Sierra Highway near Old Town Newhall, close to the southern tip of Santa Clarita, less than one mile north of the city of Los Angeles boundary and minutes from the Interstate 405 and 5 intersection, providing easy access to downtown, West L.A., LAX and the ports of Los Angeles and Long Beach, according to the SCVEDC. In fact, they’re getting ready to break ground on Phase 2, which is expected to include roughly another 1.1 million square feet of buildings, soon, according to Peters. “Part of that was the effect of e-commerce companies continuing their insatiable desire to expand, but the other part of it was when the entertainment industry started filming again, you had a lot of pent up demand, so now that both those engines are firing, the industrial market has been doing very, very well.” “On the industrial side, the market has done quite well, even during this challenging time,” Peters said. ![]()
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