The Oaks Shopping Center is the first in the country to earn the prestigious "BREEAM USA In-Use" Green Building certification, which measures and monitors the environmental performance of existing buildings.
Owned and operated by Macerich, The Oaks was constructed in 1978 with renovations in 1993 and 2009. The shopping center incorporates a wide range of environmental upgrades including:
6,000 solar panels producing 1,652 kW of power
LED Lighting with control protocols to minimize energy consumption and lower carbon footprint without any impact on shopping experience
Upgraded HVAC system minimizes energy usage
More than 500 tons of mixed recycling every year
Integrated thermal controls in the common areas and mall offices regulated to save energy while providing a comfortable work environment
February Auto Sales
A total of 1,600 new and 647 pre-owned vehicles were sold in February 2017. New vehicles sales increased by 11.11 percent from January 2017, and decreased by 4.76 percent from a year ago.
Ventura County Unemployment
The California Labor Market report revealed that Ventura County's January 2017 unemployment rate of 5.1 percent was up from a revised 4.8 percent in December 2016. A total of 900 non-farm jobs were added in January 2017. However 4,700 jobs were lost, for a net decrease of 3,800 jobs. The loss in jobs includes 2,700 in trade, transportation and utilities, 1,400 in professional and business services, 300 in government, 100 in manufacturing, 100 in information, and 100 in financial activities. The gain in jobs includes 500 in educational and health services and 200 in leisure and hospitality, and 200 in construction.
February's California Labor Market report revealed and unemployment rate of 4.7 percent, down from a revised 5.1 percent in January 2017. A total of 2,900 non-farm jobs were added in February 2017. However 400 jobs were lost, for a net increase of 2,500 jobs. The loss in jobs includes 300 in trade, transportation and utilities, and 100 in professional and business services. The gain in jobs includes 1,200 in educational and health services, 600 in construction, 600 in government, 300 in financial services, and 100 in leisure and hospitality, and 100 in other services.