During the economic downturn, Orange County’s economy has been bolstered by a boom in “green” companies that have chosen the area for its great climate, affordable rents, enticing tax-breaks and rich tradition in aerospace and engineering.
The number of green tech jobs in the county currently numbers around 20,000 and is expected to grow at a rate of 5 percent per year as more than 300 green companies have already established a presence in the OC. The growth numbers could go even higher with new businesses and corporate relocations from LA, San Diego and other major cities. In addition UC Irvine has become a hub for green energy programs and has become a renowned center for advanced research.
If your business would like more information about establishing a presence in Orange County, contact one of our tenant advisors today.