Murrieta’s strategic location for growth
Murrieta is quickly becoming a bustling cluster for health care and start-up technology, advanced manufacturing and other sophisticated companies. With a population of just over 107,000, an average age of 32 and an average family income of over $105,000, award-winning schools and a high quality of life, it is easy to see why Murrieta has grown so rapidly over the past 20 years. Murrieta grew 233.7 percent between 2000 and 2010. Due to available sites and its strategic location, Murrieta is now the largest city in Southwest Riverside County. The Murrieta Valley area has a population of 441,000 and 1 million people within 30 miles. With its location midway between Greater Los Angeles and Greater San Diego at the intersection of two major freeways – Interstate 15 and Interstate 215 -- Murrieta is ideally located to serve all of Southern California. Murrieta offers an affordable alternative for business.
Pro-business city government
The Murrieta City Council views economic development as a top priority. Murrieta provides Fast-Track and Business Ombudsman/Concierge Services and knows the businesses need “certainty” in the development process.
Murrieta’s outstanding schools and safe city
The Murrieta Valley Unified School District, which has been named in the top 10% of the nation and boasts a 94.5% graduation rate, offers world-champion robotics clubs, has one of the only high schools in Riverside County to offer Mandarin as a language study and has established a STEM-focused school.
Murrieta has been continually recognized by the FBI as one of the top-ten safest larger cities in the nation
Focus on creating technology parks in Murrieta
Murrieta is focused on business. With a 1.8 percent industrial vacancy rate, Murrieta is actively recruiting business park developers. The City Council has zoned land for “ Office Research Park” development along both freeways.
Murrieta is attracting small-medium and larger companies and is growing tech startups. The Murrieta Innovation Center business incubator opened in the former City Hall, in partnership with InSoCal CONNECT. Loma Linda University is creating a regional healthcare innovation center in Murrieta.
Some new software companies include Novohit, the CoHive Software Engineering Incubator, and Puzzle Piece. The City, area Software Developers Group, Novohit, universities/schools have established a Murrieta Software Internship Committee to grow local talent. The Murrieta CoWorking Connection is growing.
Murrieta is part of the San Diego Innovation Hub (San Diego iHub).
Hotels, other development
Due to its business growth and location in the SoCal Wine Country, three new hotels are underway. This includes the Residence Inn by Marriott, the Courtyard by Marriott, and the Hampton Inn. The two Marriott are funded by overseas investments (EB-5). CarMax has is submitted an application for development of a 44 acre ‘flagship’ store – the largest Car Max facility in the US.
Murrieta becoming health care hub for region
The Loma Linda University Medical Center-Murrieta opened the first phase of its 50 acre campus. Rancho Springs Medical Center expanded. Kaiser Permanente is planning a 40-acre phased 900,000 SF campus in Murrieta. HeathSouth is developing a brain rehabilitation hospital and Rady Children’s will be developing a pediatrics center. Humana Healthcare opened a new facility. Continental East Development and Anthem are developing senior healthcare centers. The market is strong for healthcare.
Light manufacturing, technology companies find a home in Murrieta
Murrieta region manufacturing companies include Cryoquip; Waterstone Faucet Manufacturing; Suhr Guitar; Power Automedia; Medical Extrusion Technologies; Denso; Nittobo America; Innovative Engineering Solutions; Lightworks Optical Systems; T-Cyte; Paulson Manufacturing, BUWW; Heliopower; and iA Robotics - named as the fastest growing tech area company.
Murrieta is internationally focused and is the only city in Inland Southern California which has a partnership agreement with the U.S. Department of Commerce to promote exports.
The City regularly welcomes high level business and governmental delegations from throughout the world including Germany, Indonesia, Malaysia, Vietnam, China, Japan, Korea, Kenya, Iraq, and India. The City has entered into an agreement with the Murrieta Valley Unified School District to welcome Chinese full-year students at Murrieta’s three high schools.
Murrieta has long been an early leader in encouraging the growth of foreign direct investment, leading to new gourmet markets, office buildings, new hotels and health care facilities.
Submitted by city of Murrieta