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; Xircom, Inc.,
General Dynamics Corporation and Rockwell Science Center, all
leaders in international technology; Jafra cosmetics, an
international cosmetics company; WellPoint Health Networks, Inc.,
one of the nationÂ?s largest publicly-traded managed care companies,
Blue Cross; General Motors Regional Office, Verizon Regional Office,
Homestore.com and Netzero.com.
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 of Thousand Oaks and the business community is, therefore, a
very important component of the CityÂ?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 $84,000
(2001 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 Mall, Janss
Marketplace, the worldÂ?s largest auto mall, and other shopping
venues in the market area.
The Oaks Mall includes three major anchor stores:
MacyÂ?s, Robinsons-May and JC Penney, plus 150 high quality shops, a
food court and movie theaters. The Janss Marketplace, a smaller
regional shopping center, also has three anchor stores: Mervyns,
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 to seek locations in Thousand Oaks to showcase their new
West Coast presence.
Numerous smaller shopping centers, such as The
Promenade 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.
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