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Though Not the Hub Planned, Yorba Linda's Savi Ranch Has Tech Contingent
Yorba Linda's Savi Ranch industrial park doesn't have any billion dollar companies calling it home. There are no blockbuster technologies that have come out of its businesses. And, unlike its bigger neighbor, the Anaheim Technology Center, Savi Ranch can't boast of a 50-- mile optic communications network.
But Savi Ranch is home to several tech companies. Back in the 1990s, some even dubbed it "Spectrum North," a reference to Orange County's dominant tech park, the Irvine Spectrum.
But after a decade of development and promolion, Yorba Linda has yet to fulfill its promise as a North County counterpart to the Spectrum. In fact, Savi Ranch is becoming less of a tech center.
Part of the reason is competition for tech tenants from Anaheim, Irvine and other parts of South County. But another part is that demand for tech space in. Yorba Linda has been outstripped by other uses, namely housing and shopping malls.
When the tech market slowed in the early1990s, many Savi Ranch buildings went empty. Meanwhile, communities of Yorba Linda and Anaheim Hills kept growing. So did the need for retail space.
"As the R&D market slowed, the...