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3 Reasons to Move Your Corporate HQ to Los Angeles

We came across this article and quite frankly, we couldn’t agree more! The article details nine reasons to move your corporate headquarters to Los Angeles. While we are onboard with all nine, we’ve selected our top three below (and we didn’t even include the California sunshine!). We are excited to be joining the trend of opening up an office in Los Angeles.

  1. Leading Academic Institutions

Los Angeles and the surrounding area is home to some of the country’s leading academic institutions. Institutions like the University of California Los Angeles, the University of Southern California and Cal Tech energize the area with innovation and revolution. Los Angeles also houses community colleges and trade schools like TradeTech, which help to grow the skilled labor workforce.

 

2. Affordable Land Values

Affordable land values might not be the first thing that comes to mind when you think about Los Angeles, but compared to other core markets around the world, Los Angeles is relatively affordable. If you’re a company looking for a new headquarters location (like Amazon, perhaps) New York will likely be an option, but NYC continues to be the most expensive construction market in the world. Los Angeles offers a lower barrier to entry for developers than other core markets like London, Hong Kong or Tokyo. The accessibility of Los Angeles counteracts rising labor and land costs in Los Angeles.

 

3. Deep Talent Pool

Los Angeles has a worker base of almost 5 million people. Whether you are looking for entry-level employees or experienced professionals, companies moving their headquarters to Los Angeles will find the employees that they need.

 

 

Katie Boova

Katie Boova is Marketing Manager at Watchdog Real Estate Project Managers, a real-estate consulting firm that provides owner’s representation and project management services. More about Watchdog Real Estate Project Managers as well as additional blog posts can be found here.

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