3. Arts & Innovation
Riverside Advantage: Business Ready
RiversideCa.gov
Riverside recently completed a $1.57 billion investment in our
future, making it the most ambitious public investment program
in Riverside’s history. Started in late 2006, Riverside Renaissance
improved traffic flow; updated water, sewer, and electric
infrastructure; and expanded and improved police, fire, parks,
library, and other community facilities that enhance the quality of
life for residents, businesses, and visitors. This aggressive
program completed more projects in five years than were
completed in the last 30.
The Riverside Renaissance
4. Arts & Innovation
Riverside Advantage: Business First
RiversideCa.gov *Subject to certain conditions
Site Selection Assistance
Liaison Service
Fast Track Permitting and Review
Technology Ombudsman
Public Utilities Economic Development Rate*
RPU Supplemental Economic Development Rate*
Riverside Stands at the Ready to Make This Happen.
We can assist in your relocation:
5. Arts & Innovation
Riverside Advantage: Growing Tech
Center!
RiversideCa.gov
#2 Hot Spot for Tech Growth in the United States
Forbes Magazine, January 2013
6. Arts & Innovation
Riverside Advantage:
Lower Cost to Do Business
RiversideCa.gov
Riverside Public Utilities Provides Water and
Electricity to Riverside Businesses.
Our Rates are LOWER than Areas Serviced by
Southern California Edison.
7. Arts & Innovation
Riverside Advantage: A Ready
Workforce
RiversideCa.gov 2012 Bachelors and Associates Degrees Conferred– IPEDS
2012
Degrees
Conferred:
7,981
Every Year, Riverside’s Colleges and Universities have a New Supply
of College Graduates Ready to Enter the Workforce…
9. Arts & Innovation
Riverside Advantage: Commute Times
RiversideCa.gov Source: Google Maps - January 15, 2012 - 5:30 pm
El Monte – 21.6 Miles
Riverside – 22.6 Miles 31 Minutes
1 Hour,
16 Minutes
50 Minutes
Irvine – 36 Miles
Based upon typical traffic flow, an employee who lives in Chino will
travel a similar distance, but spend MUCH less time commuting.
10. Arts & Innovation
RiversideCa.gov Cost of Living Comparison – Based on data from Sperling’s Best Places
Riverside Advantage: Cost of Living
El Monte
$70,286
Riverside
$60,000
Riverside’s Cost of Living is 75% less expensive than
Irvine and 17% less than El Monte.
Irvine
$104,893
11. Arts & Innovation
Riverside Advantage: Cost of Housing
RiversideCa.gov Based on median value of owner-occupied housing units, 2007-2011 Census
Irvine
$661,700
Riverside
$299,600El Monte
$371,600
Housing prices are 221% more expensive in
Irvine and 124% more expensive in El Monte.
12. Arts & Innovation
Riverside Advantage: Variety of Housing
RiversideCa.gov
In addition to being less expensive than the Coastal Counties,
Riverside has 26 unique neighborhoods and a diverse housing stock
ranging from Brand New to Historic, from Traditional Craftsman to
Downtown Condos, from Starter Homes to Large Estates.
13. Arts & Innovation
Riverside Advantage: Low Density
RiversideCa.gov Source: 2010 Census
El Monte
11,761
residents per
square mile
With a Commitment to Urban Forestation and Open Space,
Most People Don’t Know that Riverside’s Population Density
Closely Resembles Growth-Controlled Orange County…
Irvine
3,200
residents per
square mile
Riverside
3,800
residents per
square mile
14. Arts & Innovation
Riverside Advantage: Quality of Life
RiversideCa.gov
3rd Top Performing City
in the Nation, 2011
With a Commitment to Green and Sustainable Living,
Free Citywide Wi-Fi, and a Get Things Done Attitude,
Riverside is Nationally Recognized for its Quality of Life.
15. Arts & Innovation
Riverside Advantage: Shopping
RiversideCa.gov
Riverside is Southern California’s third largest suburban
retail community with $4.8 billion in annual sales.
16. Arts & Innovation
Riverside Advantage: Restaurants
RiversideCa.gov
Riverside’s Dining Options Range From
National Chains….
18. Arts & Innovation
Riverside Advantage: Parks
RiversideCa.gov
Riverside is the home to 51 Parks, 14 Community Center, and 7 Pools.
We offer year round sports, senior activities, kids activities, skating,
boating, hiking, biking, golf, botanic gardens, and even model trains!
19. Arts & Innovation
Riverside Advantage: Events
RiversideCa.gov
Riverside Dickens Festival
Night of Arts and Innovation
20. Arts & Innovation
Riverside Advantage: Arts and
Entertainment
RiversideCa.gov
Riverside has top notch local and national entertainment and first class
venues.
21. Arts & Innovation
Arts & Innovation
RiversideCa.gov
Discover the Possibilities in
Our Award Winning City!
Riverside