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Economic Development News

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 OCTOBER 2018
Welcome these new businesses to Thousand Oaks!

AmeriHome Mortgage Logo

AmeriHome Mortgage Company relocated their company headquarters from Woodland Hills to One Baxter Way in Westlake Village.
Fun Box Logo
An "Epic Pop-up Museum Celebrating Toys" is now open at The Oaks Mall, located at 406 W. Hillcrest Drive. Don't miss out on this opportunity to view this interactive maze of 24 large art installations and exhibits centered around the celebration of toys and other childhood favorites. Fun Box will remain at The Oaks through October 31st.


Privé Revaux Eyewear, a designer sunglass and eyeglass boutique, opened a store at The Oaks, located at 350 W. Hillcrest Drive.


ReMax Logo
ReMax Realty relocated their offices to the One West Bank building located at 199 E. Thousand Oaks Boulevard.


Westlake Village BioPartners Logo
Westlake Bio Partners, a new venture capital firm focused on incubating and investing in life science companies opened at 3075 Townsgate Road.
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Congratulations to Thousand Oaks Toyota on its 50th Anniversary!
Auto Sales
car-sales-lot.jpg
A total of 1,624 new vehicles were sold in July of 2018. New vehicle sales increased by 9.8% from June 2018 and decreased by 14.52% from a year ago. Additionally, 793 pre-owned vehicles were sold.
Thousand Oaks Unemployment 
According to the California Employment Development Department, the preliminary unemployment rate in August of 2018 for Thousand Oaks is 3.4%, down from 3.6% in July of 2018. The City has a total of 65,200 in the labor force with 63,100 who are employed.

Ventura County Unemployment
The California Labor Market report revealed that Ventura County's August 2018 unemployment rate of 3.9% was unchanged from a revised 3.9% in July of 2018.

A total of 3,600 non-farm jobs were gained in August of 2018; however, 200 jobs were added, for a net gain of 3,400 jobs. The loss in jobs includes 100 in trade, transportation and utilities and 100 in services. The gain in jobs includes 900 in government, 900 in educational and health services, 700 in professional and business services, 400 in construction, 300 in leisure and hospitality, 200 in manufacturing, and 200 in financial services.
Getting to Know Our Local Businesses
During the month of September, economic development staff and members of our City Council and the executive team visited Dymic Digital, Cellar Masters, Sugar Foods, and Integrity Bio. Thank you to these great T.O. businesses for hosting us!
The economic development team is reaching out to the local business community to schedule a visitation at your business so that we can learn more about your business and find out how best the City can support you.
If you would like us to visit your business, please call or email Rosie Ornelas at (805) 449-2194 or Rornelas@toaks.org to schedule a visitation.
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Councilmember Joel Price and City Manager Andrew Powers watch as Cellar Masters owner Scott Berry demonstrates the art  of building custom wine cellars.
Assemblymember Jacqui Irwin addresses women's group.
Assemblymember Jacqui Irwin addresses a group of businesswomen that attended the Inspiring Women - Female Entrepreneur Forum on Digital Marketing.
Did you know...?
The economic development pages on the City of Thousand Oaks website includes a calendar of events that may be of interest to local business owners and entrepreneurs. Be sure to keep an eye out for informative workshops and seminars that may help you take your business to the next level.