Alhambra is one of seven San Gabriel Valley cities that the Los Angeles County Economic Development Corporation named a finalist for most business friendly city. Twelve cities in total were named.
The reasons that Alhambra was chosen were the following:
"Alhambra offers a favorable combination of housing, business, employment and recreational opportunities. Alhambra’s Economic Development Element in its General Plan provides a blueprint to sustain and grow commerce and businesses including industrial and central business district project areas, financial assistance in redevelopment areas, land acquisition, negotiated sales, lease agreements with an option to purchase, rent subsidy, and rebates. Alhambra was also named a finalist in 2009."
“All of this year’s finalists have made economic development and job creation a top priority,” said LAEDC president and CEO, Bill Allen. “This year, we received more applications from cities throughout the County than in any other year in the award’s history. These cities understand that having healthy, vibrant and prosperous communities depend on attracting, retaining and growing businesses which are so critical to sustaining our economic vitality and quality of life.”
Alhambra Source is awaiting a response as to how many cities in total applied this year.