A newly released economic impact study reveals businesses and tenants at the Channel Islands Harbor in 2016 contributed $159 million in economic impact on the Ventura County economy and more than 900 jobs.
The report, presented at the Ventura County Board of Supervisors meeting on June 18, 2018, quantified the economic benefits generated by businesses at the Channel Islands Harbor including jobs, earnings, sales, and taxes. The study was conducted by the California Economic Forecast, a Santa Barbara-based research firm, and was commissioned by the Ventura County Harbor Department. The full study can be found here.
Highlights of the study include:
- In 2016, business activity at the Channel Islands Harbor had a direct economic impact of $74 million and a total economic impact of $159 million.
- The direct impact of Harbor businesses, which provide goods and services to residents and visitors, includes an employment base of 920 workers, who received an estimated $38 million in labor income.
- Since 2012, Channel Islands Harbor business activity has out-performed general overall business growth in Ventura County. The average annual rate of growth over the last four years for Harbor businesses is 6.3 percent.
- Two proposed projects in the Harbor, the construction of a Hyatt House and the redevelopment of Fisherman’s Wharf, would increase direct economic activity at the Harbor by more than 60 percent.
Ventura County Harbor Department Acting Director Suzy Watkins said the report was commissioned to provide a variety of stakeholders a comprehensive look at current and future business activity at the Harbor.
“This study reinforces the role of the Channel Islands Harbor as a regional economic driver,” Watkins said. “Our business owners and lessees deserve the credit, as they chose to locate their businesses here and have put in their time, money, and energy to make them a success. We look forward to supporting our current business owners and further improving the Harbor to ensure residents and visitors have increased coastal access and a second-to-none experience.”
As the first recreational harbor in Ventura County, Channel Islands Harbor has become one of the largest in California. It now includes over 300 acres of land and water, but the initial development included only a small portion of the current harbor area. Additional construction took place over the years, including the west channel of the harbor, along Harbor Boulevard and Peninsula Road. Development of the harbor has been largely accomplished through leases with private developers, who have constructed eight marinas (not including the three constructed by the County) comprising over 2200 boat slips, two hotels, two yacht club buildings, two boat yards, three shopping areas, restaurants, a Maritime Museum, over 100 condominiums and 485 apartments. In addition, public agencies have provided parks, restrooms, the public launch ramp and parking for the public. For more information on Channel Islands Harbor visit www.channelislandsharbor.org.
Free summer concert series to be held at Peninsula Park
Channel Islands Harbor is holding its annual Concerts by the Sea each Saturday from June 30 – Aug. 25. Each performance in the free summer concert series will be held from 4-6 p.m. at Peninsula Park, 3401 Peninsula Road, Oxnard at Channel Islands Harbor, next to the Hampton Inn. Free parking is available at the park and along the street. Visitors can enjoy a wide array of musical styles, including jazz, rock, folk, pop, country and blues.
Summer Concert Lineup:
Date Artist Genre(s)
June 30 Acadiana Cajun & Zydeco
July 7 Masters of the Past Rock ‘n Roll from the 60s, 70s, and 80s
July 14 Colette Lovejoy Band Pop, Rock, Funk
July 21 The UnUsual Suspects Party Music
July 28 Unkle Monkey Band Rock, Pop, Reggae
August 4 Ray Jaurique & The Uptown Brothers R&B, Soul, Blues
August 11 The Casey Jones Reggae Train Reggae
August 18 Dezmo’s Blues Blues, Jazzy Blues
August 25 Matt Sayles & the Detroit Sportsmen’s Congress Alternative Country Roots
Guests are encouraged to bring blankets and lawn chairs to sit on while they enjoy the music. Concert-goers can also bring along a picnic basket or dine at nearby Harbor restaurants.
For more information on Concerts by the Sea or the Channel Islands Harbor, visit www.channelislandsharbor.org.
The concert series is being sponsored by Vintage Marina Partners, the proud operator of Channel Islands Marina and Vintage Marina at the Channel Islands Harbor.
The Gene Haas Foundation and Pacific Western Bank Donations Launch Loan Fund
The Economic Development Collaborative-Ventura County recently received contributions from the Gene Haas Foundation and Pacific Western Bank to establish a loan fund in response to the Thomas fire and subsequent mudslides. The loan program is now helping businesses at a critical time as they feel the long-term strain of recovery.
“These funds are critical to businesses who struggle to keep afloat in the aftermath of disaster. Now is the time when they start to feel the impact of losses,” said Bruce Stenslie, EDC-VC CEO. “Initially, many businesses tapped their savings and got help from family to keep the doors open. Now many are realizing that they will need loans beyond what they anticipated and that recovery is a long haul.”
The Gene Haas Foundation quickly worked with EDC-VC to establish a $200,000 loan fund for disaster assistance lending to businesses that were affected by the disasters. The loan fund was then augmented with an additional $250,000 from Pacific Western Bank. The funds are benefiting under-capitalized and disadvantaged businesses impacted by the fire that may not qualify for commercial credit.
“The Gene Haas Foundation stepped up immediately to help these businesses impacted by the fires in Ventura and Santa Barbara counties,” Stenslie said. “We greatly appreciate Pacific Western Bank’s generosity in further strengthening our ability to provide capital to help small businesses who are rebuilding.”
The loan fund has helped with the initial demand for assistance and provides a significant contribution to the vitalilty of the local retail and service economy. “The EDC-VC is grateful for this loan capital for the short-term needs of businesses in recovery, and we continue to reach out to banks for additional capital to augment our other loan programs designed for assisting with longer-term recovery and the continuing capital needs of local firms,” Stenslie said.
“Although it will take some time to assess the full impacts of the fire, we do know that neither Santa Barbara nor Ventura County is well-positioned to absorb the impacts, with flat or negative recent GDP growth in the local economies and an increasing dependence on exactly the kinds of businesses and industry sectors most severely impacted by the disaster. Our goal is to provide a bridge and a boost in operating funds to give small businesses a chance to get back on their feet,” Stenslie said.
Businesses located in areas declared a disaster due to the Thomas Fire whose sales were impacted by the fires can submit loan applications by contacting Clare Briglio at 805-409-9159. Loans may be up to $30,000. Larger requests will be managed under separate review processes and credit considerations. Applications will be accepted through August 31, 2018.
As a matter of both business support and lending security, EDC-VC will provide borrowers with technical assistance advisors through its Small Business Development Centers who meet regularly with borrowers to provide comprehensive assistance, to monitor their progress and bolster their ability to repay the loans and remain in business.
Additional business disaster recovery services can be found online at http://edc-vc.com/disaster-recoveryservices/ or on the “Business Recovery” link on the home page of http://venturacountyrecovers.org/. For assistance, please contact EDC-VC SBDC Services Coordinator Alondra Gaytan at (805) 409-9159.
The SBDC is funded by the SBA and provides professional business assistance at no cost to businesses. Participating businesses are required to follow a well-defined scope of work and report their economic successes. These SBA milestones are defined as job creation, increase in sales, capital investment, job retention and business start-ups.
EDC-VC is a private, nonprofit organization that serves as a business-to-government liaison to assist businesses in Ventura County by offering programs that enhance the economic vitality of the region. For more information about the Small Business Development Center and loan, manufacturing and international trade programs, contact Bruce Stenslie at 805-384-1800 ext. 24, or firstname.lastname@example.org. Or visit www.edc-vc.com.
El Concilio Family Services presents the Dr. Raymond F. Lopez Jr. Golf Classic, aptly titled for a man who has dedicated his professional life to improving the health of farmworkers.
Dr. Lopez began his career in healthcare in 1988, as a Doctor of Chiropractic. Over the next 12 years he built a successful practice on a reputation for excellence and integrity.
With the intent of doing more for the community, Dr. Lopez made a major decision to leave behind a thriving practice to pursue a medical degree. He completed his residency at the Ventura County Medical Center in family medicine in 2008.
At the present time, he is the Supervising Physician at La Clinica Fresalud, provided by Healthstat for the health and well being of the agricultural workers of Reiter Affiliated, in Oxnard, Watsonville, Santa Maria and Salinas.
Dr. Lopez has been selected as one of thirty-four health care professionals in the state of California to participate in the prestigious Champion Provider Fellowship Program. The 2-year fellowship focuses on policy, systems and on environmental change related to obesity and chronic disease prevention in the Latino community.
He has consistently made solid connections throughout his career, building on his skills, always focused on the goal of improving the health of the farmworker community.
With this in mind, El Concilio Family Services is proud to name its annual golf classic The Dr. Raymond F. Lopez Jr. Golf Classic.
Healthy Cooking and Tasting: Summer Flavors Class
Following the popularity of our prior cooking demonstrations for healthy eating, Dignity Health - St. John’s Regional Medical Center (SJRMC), invites community members to learn how to prepare a delectable summer meal with-a-nutritious twist. Allow doctors and chefs to show you the benefits of using alternate nourishing BBQ recipes and explain why it’s a good fit for your heart. Register now for this fun and free culinary experience! Friends and family members are also welcome to join this educational and tasting experience.
This one-hour class will be held on Thursday, June 7 from 5:30-6:30 p.m. in the Conference Center on the Garden Level, at St. John’s Regional Medical Center (1600 N. Rose Ave. in Oxnard, CA 93030).
“You will discover how tasty healthy foods and new recipes with seasonings can be, for you and your family,” said Suzanne Soppe, RSM, Health Educator at St. John’s Regional Medical Center. “The opportunity for our participants to learn from this cooking demonstration encourages a healthier lifestyle, while also being fun and informative.”
This summer session will introduce alternate flavors to salt and why it matters. Attendees will also learn about tasty food options that increase fiber and that are low in fat, plus other cooking techniques.
This event is organized by our Community Health Education Department, Food and Nutrition Services, and physicians. It will be presented by experts from the SJRMC staff:
• Manoj Khatore, MD, Cardiologist
• Maria Kokkinides, DO, Internal Medicine
• Matthew Schantz, Hospital Chef
Because space is limited, guests are encouraged to reserve their spot by calling (805) 988-2865. Registration is required to attend the class.
If anyone in the media would like to attend this event for a feature or to take photos, please contact Arrate Zavala in the Marketing Communications Department at (805) 988-2751.