2023 Riverside County Economic Profile

The Southwest Region of Riverside County covers the cities of Canyon Lake, Temecula, Murrieta, Lake Elsinore,Wildomar, andMenifee, along with the unincorporated communities of Aguanga, Anza, French Valley, Lakeland Village, and Wine Country. SOUTHWEST REGION

SOUTHWEST REGION OF RIVERSIDE COUNTY

The Southwest Region: An Overview of Its BusinessClimate,Attractions, andChallenges. Location and Business Climate The Southwest Region has been a prime location for services and other office uses. In addition, the region has experienced growth in the medical device industry manufacturing cluster. The region has skilled labor, quality schools, awide rangeof housing, andnumerous commercial services that combine to create a desirable location for residents to live. Popular Attractions One of the region’s most popular attractions is the Temecula ValleyWine Country, spanning over 2,460 acres of vineyardswithmore than50 wineries. Several of the wineries offer resort type spas, bed and breakfast-style hotels, and host wedding parties, as well as nationally acclaimed jazz entertainment events. Challenges

However, to accommodate the development of these industries, the region needs to address the issue of traffic congestion. Over the past decade, the Southwest Region has experienced an intense increase in population growth, making traffic the most significant challenge in the region. Industry Clusters Because of the Southwest Region’s business climate, available workforce, and quality of life, the best industry clusters for this region include healthcare and biotechnology, professional services, travel and tourism, and suppliers to these industries.

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