Thousand Oaks is the site of numerous corporate and regional headquarters, as well as other diverse retail, industrial and business entities. Major corporations include Amgen, Inc., and the Bioscience Division of Baxter Healthcare Corporation, the top two international leaders in the biotechnology field; General Dynamics Corporation and Rockwell Science Center, all leaders in international high technology; Jafra Cosmetics, an international cosmetics company; WellPoint Health Networks, Inc., one of the nation's largest publicly-traded managed care companies; General Motors Regional Office, and Verizon's Regional Office. The rich diversity of businesses in our City provides the area with a strong and stable economic foundation. In addition, retail, corporate and industrial entities give community members a variety of local employment opportunities. Thousand Oaks is also home to many entrepreneurs and welcomes small business to the area. Sales tax represents the largest source of revenue to the City and the business community is, therefore, a very important component of the City's financial well being. The Thousand Oaks primary shopping market has a current population of 320,000 and includes the cities of Thousand Oaks, Westlake Village, Agoura Hills, Camarillo, Moorpark and Calabasas along with the adjacent unincorporated areas. The median household income of the Thousand Oaks market is more than $86,000 (2002 study by the University of California, Santa Barbara). The retail buying market area is approaching $2.4 billion, evidenced by the continued strength of The Oaks Shopping Center, Janss Marketplace, the world's largest auto mall, and other shopping venues in the market area. The Oaks Shopping Center includes three major anchor stores: Macy's, Robinsons-May and J.C. Penney, plus 150 high-quality shops, a food court and a movie theater and will be undergoing a major expansion project during the next three years. The Janss Marketplace, a smaller regional shopping center, also has three anchor stores: Mervyn's, Sears and Toys-R-Us, a food court and a 9-screen cineplex and is adding a number of regional and national stores to its mix. Additionally, national brand stores not represented in Southern California continue to seek locations in Thousand Oaks to showcase their new West Coast presence. Numerous smaller shopping centers, such as The Promenade at Westlake, The Lakes at Thousand Oaks, and North Ranch, also offer shopping choices. Residents and visitors enjoy fine dining at many local restaurants while many hotels, such as the Westlake Hyatt, offer luxury accommodations. For more information contact the City's Economic Development Manager Gary Wartik at (805) 449-2313 or email him at gwartik@toaks.org.