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Long Beach Technology Park is online.


Long Beach's newest business park has drawn a lot of attention from businesses looking to expand or relocate. Located in West Long Beach on the site of former U.S. Navy housing, the 32-acre California State University Enrollment
, Long Beach (CSULB CSULB California State University at Long Beach ) Technology Park has already signed its first two tenants, technical-school operator Corinthian Colleges, Inc. and Wartsila North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Inc.

Long Beach-based, Corinthian Colleges, will move its National Institute of Technology to the Park in September, relocating approximately 80 employees. Annapolis, Maryland-based, Wartsila North America, is a major supplier of engines (especially for boats), and will bring about 25 employees to its new location. The company is a subsidiary of Finland-based Wartsila Corporation, and is poised to move upon completion of its tenant improvements.

The Tech Park's land is owned by the CSULB Foundation which it ground leases to the project's developer, Santa Monica Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries.  based Watt Commercial Properties. The Foundation has also partnered with Verizon to ensure the development is a "SmartPark" through the use of state-of-the-art telecommunications, including fiber optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber .

The Corinthian and Wartsila leases were executed in the Park's first phase which totals approximately 170,000 square feet of "flex tech" space. This term is used to define buildings whose interiors can be changed relatively easily to accommodate its tenants' needs. Two other phases are planned for the CSULB Tech Park that will have about 400,000 square feet of building space upon completion.

Located at Pacific Coast Highway Pacific Coast Highway may refer to:
  • Pacific Coast Highway (United States), a segment of State Route 1 in California
  • Pacific Coast Highway (New Zealand), a 420 kilometre highway http://www.newzealand.
 near the 710 and Terminal Island Freeways, the CSULB Tech Park offers units sized between 21,000 and 170,000 square feel Enterprise and SBA SBA
abbr.
Small Business Administration

Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government
 Zone Benefits and Tax Credits are available, as is access to CSULB Services.

Long Beach itself is a community offering a host of educational, recreational and economic opportunities. For further information on the region, please visit www.longbeachnow.com.

For additional information on the CSULB Tech Park, please contact Linda Summers at (562) 570-3821, or visit the web sire at www.csulbtechpark.com.
COPYRIGHT 2003 CBJ, L.P.
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Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Corporate Expansion & Relocation
Comment:Long Beach Technology Park is online.(Corporate Expansion & Relocation)
Publication:Los Angeles Business Journal
Geographic Code:1USA
Date:Aug 11, 2003
Words:328
Previous Article:Growing businesses turn to employee leasing.(Corporate Expansion & Relocation)
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