OC residential density increases with further multifamily development

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Orange County snapshot

  • At the end of 2007, there were 66,138 multifamily units in Orange County from midsize and large complexes, compared to a current total of 105,725. During this same time period, the local nonfarm labor workforce has expanded by 50,800 employees to 1,585,600.
  • From 2016 to 2021, Orange County is projected to
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Own a tech firm in California? Locating it in OC will save a company millions

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Orange County snapshot

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  • This analysis takes into account 20,000 square feet of office space, 134 employees (based on 150 square feet per employee), and a five year lease with 3 percent annual rent increases.
  • Orange County’s tech industry is expanding due to the highly talented and educated workforce (including the large number of STEM
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Fewer bricks, more clicks, & virtual tellers: Five Changes on the Horizon for Branch Banks

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BankingOutlookThe banking model of yesterday was all about the brand with the most locations—the “bricks”. Today, banks are measured by how effectively they deliver remote, anytime, anywhere access to their customers—the “clicks.”

The days of the bank branch being the most immediate and visible way customers interact with banks are long gone. The branch-on-every-corner… Read More

Orange County tech ecosystem expands as coding bootcamps increase their local presence

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Orange County snapshot

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  • With an expanding local tech industry, coding bootcamps are growing their footprints around major business hubs and popular Orange County amenities.
  • As established and startup tech firms grow in Orange County, coding bootcamps help to provide an educated and skilled labor pool for these companies. These businesses are seeing this segment
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Population growth and median age: Which OC cities will be impacted the most?

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Orange County snapshot

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  • From 2016 through 2021, Orange County is projected to experience a 4.9 percent growth in population, with the highest growth rates occurring in Foothill Ranch (7.3%), Irvine (3.2%), and Brea (3.1%).
  • The largest population growth is expected to occur in areas where the median age is under 40 and concentrated throughout
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