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The City of Santa Fe Springs Announces Innovative Business Attraction and Growth Program

The City of Santa Fe Springs Announces Innovative Business Attraction and Growth Program

Yesterday, the City of Santa Fe Springs hosted a high-profile luncheon at Church Clarke Estate to announce winter business growth and the proposed project.This event brought together city officials, government experts, architects and business leaders who showed that photos from...

The City of Santa Fe Springs Announces Innovative Business Attraction and Growth Program

Yesterday, the City of Santa Fe Springs hosted a high-profile luncheon at Church Clarke Estate to announce winter business growth and the proposed project.This event brought together city officials, government experts, architects and business leaders who showed that photos from the Santa Fe Springs luncheon can be found here and that the sheets in the announcement may be ac

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The City of Santa Fe Springs has announced an innovative business growth and attraction program

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SANTA FE SPRINGS, Calif. , Oct. 17, 2025 /PRNewswire/ -- Yesterday, the City of Santa Fe Springs hosted a high-profile luncheon at the historic Clark Gardens to announce a newly developed plan for commercial development and attractions.The event was attended by representatives of the city government, the state, real estate specialists and company managers.He highlighted how Santa Fe Springs is positioning itself to lead the next chapter of business and industrial innovation in California.Photos from the luncheon can be viewed here and information sheets from the announcement can be viewed here.

Santa Fe Springs Mayor William K. Rounds and City Manager Renee Bobadilla kicked off the program by highlighting the city's unique and competitive business advantages that have enabled it to become an economic powerhouse, home to more than 54.7 million total square feet of dedicated industrial and commercial space.Mayor Rounds then introduced the city's comprehensive package of new targeted business incentives to further expand economic growth, as well as the city's plans for a vibrant new downtown that will bring new mixed-use housing, retail, offices, hospitality and public spaces to the community.The city's nearly two dozen business incentives include:

Low interest loans for scaled capital expenditures, construction, etc.

Exemption from sales tax

Payment of wages

Reservation for transfer of business

Quick summary of plans (time reduction by 25-50%)

Enhanced Infrastructure Finance District (EIFD) funding.

Santa Fe Springs will advance its business growth plans while working in close coordination with the recently announced "major partnership."This partnership includes the City of Commerce, the City of Industry, the City of Santa Fe Sling and the City of Vernon.The 4 major collaborations, through the memory of the council's understanding, have built a united voice to defend the common interests and needs of these cities, which are the economic engines of southern California.Together, the four cities represent the footprint of Los Angeles County, but there is 24% of the total industrial sector - the concentration of all that does not exist anywhere in Southern California.

"With our new business incentives and downtown plan underway, developers in the city's commercial and residential sectors will find new opportunities," said Santa Fe Springs Mayor William K. Rounds."Together with our BIG 4 partners, the City of Commerce, the City of Industry and the City of Vernon, we are working together to shape the future of economic development in Los Angeles County for generations to come. Our shared vision is to make Santa Fe Springs a vibrant work-to-work environment, a city defined not only by its industrial strength, but also as a major destination and community center in the region."

"Santa Fe Springs is already the densest industrial hub in Los Angeles County, yet there are still promising areas for growth," said Santa Fe Springs City Manager René Bobadilla. "Working in concert with the other BIG 4 cities, we're leveraging our collective strength to attract new industries, create jobs, and maintain California's competitive edge. Our new business incentives unlock opportunities by streamlining regulatory processes and offering innovative public-private financing options. These tools will allow the BIG 4 to compete directly with states like Texas, Arizona, and Tennessee while shaping a stronger, more resilient economic future for Southern California."

Cersteon's presentation also included a virtual keyboard address from U.S. Representative Linda Sichengaz of California State District, who emphasized the importance of strong regional leadership in California's strong business climate.

"I want to thank Santa Fe Springs for bringing together leaders to talk about our shared future. California's strength has always come from its innovation, its diversity and its communities working together," said Congresswoman Sanchez. "When cities, businesses and local partners collaborate,we create opportunities – including better jobs, thriving industries and stronger neighborhoods. Across our region, we are seeing growth in areas like clean energy, technology and advanced manufacturing. With strong local leadership, like what we see in Santa Fe Springs, we can make sure that the growth benefits everyone."

A panel of industry leaders, including executives from Amazon, Primestor Development and The Orden Company, discussed the challenges and opportunities shaping California's business landscape and praised Santa Fe Springs for its proactive approach to business growth and incentives.The conversation was moderated by Dr.Wesley Yin, former Chief Economist of the White House Office of Management and Budget and Professor of Public Policy and Management at UCLA.

"There are many news related to the development of our economy, which is the reason why I am very happy with the daily," he said I was very much a leader today, "he was a national leader in the creation of the country and the creation of the project.

"Many businesses operate here because of the state's size, scale, and incredible talent base, but that doesn't mean they have to stay," said Ron Frierson, Director of Economic Development for Amazon Western U.S. "Maybe the impact isn't always immediate to the bottom line, but when we see leaders actively incentivizing business and growth, it's a step in the right direction. What we need now is strong leadership that can articulate a clear, holistic vision for where we want to be and work backwards from there."

"California is certainly an amazing state and we can certainly highlight all the positives and incentives it offers. Job creation is critical, but job retention is just as important," said Stephen Wandel, executive director of acquisitions and development for The Roden Company.If you're a business owner looking to move to the city, you need space—and it's getting harder and harder to find and get.

"Operating costs, the costs of a small business, are unbearably high, not only in California, but in the United States," said Leandro Tyberg, president and co-founder of PrimeStar Development.Community is what Primestar needs to focus on."

University of St. Barbara's 32nd School of Specialty Shops Reveals California's Economic Future

"The Big Four - we are the heart of Southern California and the pendulum swings. We listen to small businesses and make it easy for them," said Senator Archuleta.

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