Event lighting company Kinetic Lighting is one of the first companies to move into Glendale's Creative Corridor as the corridor is taking a more defined shape with new incentives.
The company, which provides lighting rentals, sales and services in the entertainment industry, just recently moved from North Hollywood to 722 Thompson Ave. in Glendale, which falls into an area city officials are using to try to attract more entertainment, media, design and other creative-based companies. The corridor is located along San Fernando Road, running north and south of the 134 freeway and includes surrounding streets. DreamWorks Animation, Technicolor and KABC are some of the larger creative companies already located in the corridor, with some of them expanding.
After three years of being located in its former 16,000-square-foot North Hollywood facility, Kinetic Lighting's executive leaders decided to make the move to a larger site.
"We were looking everywhere from Culver City to Sunland and from the 405 to the 5 (freeways)," said Daniel Bortz, the company's CEO. "There's a lot of buildings that for one reason or another you couldn’t get a truck in or just wasn't secure."
Once the company decided to check out Glendale, the city’s economic development manager helped the company find the right location and get the process started, Bortz said. A 22,000-square-foot space with a loading dock was chosen.
Bortz said he and his business partners like the fact that the space is close to the freeways, especially since the company does a lot of work in Hollywood. Kinetic Lighting was also able to benefit from some incentives offered by the city. The city had replaced the building's fluorescent lighting with more efficient lighting. The company also had the luxury of moving into a space that had been pre-inspected for fire department regulations.
Kinetic Lighting currently has 14 full-time employees and 35 part-time employees, with plans to possibly hire two more workers this year and another two in 2012.
Glendale’s Redevelopment Agency released its official Creative Corridor incentives this month. The incentives include old and new benefits that are largely geared toward companies relocating their businesses.
New incentives include fire pre-inspection to ensure that businesses know how their future building holds up to safety regulations and plan check priority. The new benefits also include fund-matching grants for facade improvements, fire sprinkler installation, maintenance or refit of structural building enhancements up to $40,000; and also matching grants for building infrastructure improvements up to $250,000.