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Top Reasons To Open a Business in Paso Robles

drone shot of Paso Robles sunrise
Strategic Advantages

Competitive incentives to help relocate or expand your business

Paso Robles, California is an ideal location on the Central Coast off Highway 101, enabling same-day access to surrounding Los Angeles, San Francisco and the Central Valley. Paso Robles has abundant, available and affordable land. The local labor market with proximity to Cal Poly and Cuesta College offers a talented and productive workforce. Paso Robles also creates competitive incentives for business expansion and relocation. These incentives, combined with an ideal location and concierge approach to business development, are amongst reasons why so many businesses choose Paso Robles as their home.

 

Location

Central to Los Angeles, San Francisco and the Central Valley

Paso Robles is the perfect location for a prosperous future, the City’s prime Central Coast location off State Highway 101, is central to Los Angeles, San Francisco and the Central Valley. Ideally situated, Paso Robles is one of the Central Coast’s best opportunities for a new business or a development project.

Paso Robles regional air terminal
Access to Transportation

Private, corporate, and commercial passenger flights available

Strategically located off Highway 101, a Paso Robles site enables quick access to Los Angeles, Orange County, San Francisco, and the Silicon Valley. Air transportation is provided by Paso Robles Municipal Airport for air cargo and corporate/private flights, and by the San Luis Obispo County Regional Airport for commercial passenger flights.

Business Strike Team

Project partner during any and all phases

The Economic Development Team assists new businesses and developers by serving as a project partner during any and all phases of due diligence, development, and/or tenant improvements.

aerial view of Paso Robles homes
Available Land

Commercial and industry space available

Paso Robles Currently has the potential for 2.9 million additional square feet of commercial space, and 4 million additional square feet of industrial space.

Opportunity Zone

Entire downtown area as well as surrounding residential neighborhoods

The Paso Robles Opportunity Zone is unique to others found in California in that it encompasses the entire downtown area as well as surrounding residential neighborhoods. Opportunities for investment include vacant parcels, multifamily residential properties with deferred maintenance, commercial/office buildings in need of façade and interior improvements, and a number of businesses that could thrive with additional capital from private investors.

Cost of Housing

Lower housing prices increases the affordability of homes

The median home value in 2018 for Paso Robles was $475,000, which is significantly lower than the California median home value of $534,100. Lower housing prices increases the affordability of homes for workers and allows for businesses to pay lower wages while still attaining the same quality of life.

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