February 3, 2023 #1 Local News, Forum, Information and Event Source for Venice Beach, California.

VNC: “Silicon Beach” Town Hall on February 23rd

Update: Meeting postponed.

 

The Venice Neighborhood Council will be hosting a town hall to discuss “Silicon Beach – Gain or Pain“. Santa Monica discussed the same at their “State of the City” last month which can be read about here and here and watched in the video below.

VNC: "Silicon Beach" Town Hall on February 23rd

Kudos to SparkWave for bringing the VNC into the 20th century with this flier!

 

From the Venice Neighborhood Council:

The Emergence of Silicon Beach in Venice and Westside Communities

The Venice Neighborhood Council in partnership with the Venice Chamber of Commerce will hold a town hall meeting on Thursday, February 23, 2012 to consider the impacts of “Silicon Beach” and other production-based businesses locating in Venice and Westside communities.

Stakeholders will meet representatives from local tech, media, and entertainment businesses at a “company showcase” during the first hour of the event, followed by a panel discussion entitled “Silicon Beach: Gain or Pain?”

Video: Santa Monica “State of the City” discussion on “silicon beach”.

 

Venice is becoming a major player in the evolving Los Angeles tech and media business scene and received a major boost when Google moved into the iconic “Binocular Building” and adjacent properties this fall. Google is just the most recent company to locate in Venice.

Digital Domain, a studio effects house employing hundreds of people, has been in Venice since 1993. JibJab Media is known nationally for its political satire and animated greeting cards. Mogreet has established itself as the premiere mobile messaging company that delivers millions of customer’s videos to mobile devices. Big Foot Entertainment purchased numerous buildings along Abbot Kinney. In fact, the Venice Media District lists 299 companies involved in producing creative content located Venice.

“Silicon Beach” is generally considered to run from Santa Monica through Venice, Marina Del Rey, Playa Del Rey, and the South Bay cities of El Segundo, Manhattan Beach, Hermosa Beach and Redondo Beach. “Mirada,” a production company started by Guillermo del Toro launched in Marina Del Rey in 2010. Game developer “Electronic Arts” moved to its Playa Vista campus in 2004. Software companies located in Santa Monica employs thousands, from tech pioneer Symantec (originally Peter Norton Computing), to game developer Activision, internet giant Yahoo, Facebook will be opening a facility in Playa Del Rey. Santa Monica’s newest contribution to “Silicon Beach” is MuckerLab, a business accelerator / incubator for Los Angeles based high tech startups.

The companies bring high paying jobs, support services and residents to Venice. Our attractive beach location helps recruit employees; in turn, monies return to our local economy supporting restaurants, rental properties, janitorial services and so on.

That’s great for local business owners and job seekers – but it may not be so great for current residents without the skills to compete for those jobs and earn higher salaries. Some find themselves priced out of the local housing market – in other words, what Venice gains in terms of economic benefits could be offset by reduced diversity amongst our residents, changing the face of Venice.

Will increased parking requirements add more to our already congested traffic? What are some of the economic, demographic, social and cultural impacts of the growing tech sector on our community? How should we respond to these potential impacts? Participants will consider these and other questions in an interactive way.

The event will be held in the Auditorium of Westminster Elementary School, 1010 Abbot Kinney Blvd (enter from Westminster) starting at 6:30pm.

All Venice Neighborhood Council events are free and open to the public. Contact Matt.Kline@VeniceNC.org or call 310-421-8627 with questions. www.Venicenc.org . RSVP for event at Venicetownhall@venicenc.org

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