The Valley Economic Alliance

FUTURE FOCUS AND INITIATIVES Infrastructure is another critical area of focus for the Alliance. Several significant projects are underway, including the Metro’s East San Fernando Valley Light Rail along Van Nuys Boulevard and the Sepulveda Transit Corridor project. These developments are poised to alter the region’s transit landscape significantly. Blake notes the Alliance’s involvement in advocating for “strategic and inclusive development” along these transit lines.“The alliance is particularly focused on supporting legacy businesses through the disruptive construction phase and beyond,” she says, helping them adapt to changes like removing street parking along Van Nuys Boulevard. The third major initiative is workforce development, particularly in cultivating a talent pipeline to establish the San Fernando Valley as a global tech hub. Thanks to institutions like California State University, Northridge (CSUN), and local community colleges, the region has a wealth of talent. Blake explains how the Alliance serves as a nexus. “We connect employers with training providers and social service organizations that can access and support low to moderate-income youth and adults.” Lastly, the Alliance is focusing on environmental sustainability, aligning with broader initiatives spearheaded by Governor Newsom and Mayor Bass. Record-breaking heat in the Valley has instigated the urgent need for action. As one of the warmer regions in Los Angeles, the Valley requires mindful planning to address heat hotspots and promote greener living. Blake mentions efforts to “create the tree canopy that we need to keep streets cool,” and to aid businesses and residents in transitioning to more carbon-neutral practices. These comprehensive initiatives—ranging from preparing for the 2028 Olympics to driving sustainable development—demonstrate the Alliance’s forward-thinking approach. By investing in its team, supporting economic growth, and advocating for strategic development, the Valley Economic Alliance continues to be a driving force in shaping the Valley’s future. the Alliance collaborates with around two dozen lending partners to financially assist businesses in its network. These partners offer capital solutions, from startup funding to traditional loans and angel investment. Blake points out that these investments are about growth and preparing the Valley for significant future events and developments. One of its most ambitious goals centers around the 2028 Olympics in Los Angeles. Blake is actively involved with LA 28, co-chairing the Small Business Working Group, which will identify and prepare small businesses to contribute to delivering the games.“We’re going to be ramping up and making sure that Valley businesses are ready,” she says. The Alliance also positions the Valley as a key destination for Olympic visitors, promoting local amenities, hotels, and restaurants to ensure economic benefits extend to Valley establishments. With events like archery, BMX biking, and skateboarding slated to occur in the Sepulveda Basin, the Alliance is working diligently to ensure the Valley capitalizes on this global event. 6 CIVIL AND MUNICIPAL VOLUME 05, ISSUE 10

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