Full buildout is expected within 50 years, he said. ![]() Construction of the first phase, Tejon Mountain Village, is expected to begin in two or three years, Zoeller said. Tejon Ranch also has an agricultural and farming component with 8,000 acres under cultivation and 14,000 head of cattle.įilming is frequently done on the property and three residential communities are planned that would create a total of 50,000 homes. The 1,450-acre commerce center includes such companies as IKEA, Caterpillar and Famous Footwear. At nearly 270,000 acres, the historic Tejon Ranch is the largest contiguous expanse of private land in California, comprising 422 square miles. Outlets at Tejon and the Tejon Ranch Commerce Center are all part of the larger Tejon Ranch project. employers added 209,000 jobs in July, marking the sixth straight month of job growth above 200,000. More good news arrived Friday when the Labor Department reported that U.S. A report from the Conference Board shows that in July consumer confidence hits its highest level since October 2007. Recent reports point to a strengthening economy. "You can now do price comparisons while you’re inside a store.” “We have so much access at our fingertips about different goods and prices,” he said. Today’s consumers are much better informed, Kleinhenz said, and they have taken competitive shopping to a new level. But at the same time they are looking for value, and many have done their homework.” “People are seeing modest increases in pay and hopefully that will grow over time. Pottery Barn Outlet - Outlets at Tejon Ranch offers expertly crafted home furnishings and decor. “Households are in better shape in terms of having jobs,” he said. Robert Kleinhenz, chief economist with the Los Angeles County Economic Development Corp., said consumers are apt to spend more money these days, although they’re looking for bargains. “We’re very serious about job creation,” he said. Zoeller said Outlets at Tejon will employ about 3,000 workers. The center is also fueling an employment boost for the region. If it’s there we could pull the trigger and open that phase as early as 2015.” “The timing of phase two will depend on demand. Address: 5701 Outlets at Tejon Parkway, 93203. “We’re opening with the center being 100 percent leased and we’re already looking at phase two, which would increase it to about 500,000 square feet,” Zoeller said. Value Retail News, an industry publication that tracks shopping trends, said retailers anticipate eight new centers opening across the country in 2014, with Outlets at Tejon being the largest in California. ![]() With consumers placing increasing emphasis on value, the retail industry is seeing rapid growth in the development of retail centers. That Starbucks is the company’s top performing location in California and it ranks among the top five in the nation. ![]() More evidence of the location’s expanding visibility can be found at a Starbucks located across the freeway.
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