Expanded enterprise zone to lure business
An expanded enterprise zone that will encompass many of the San Fernando Valley's top business centers is expected to save or generate thousands of jobs and has already attracted millions of dollars in investment, city officials said Wednesday. C.J. Lin in the Daily news.
The expansion of the zone to 5,444 acres across the Valley is expected to be formally announced this morning by First Deputy Mayor Austin Beutner during the Valley Economic Summit at the Sheraton Universal Hotel.
The enterprise zone now includes land zoned for industrial and manufacturing use in Chatsworth, Canoga Park, Northridge, the Van Nuys Airport corridor, Warner Center and the Northeast Valley industrial area.
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Los Angeles Daily News City Hall reporter Rick Orlov writes about politics on the local, state and national stage.
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