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The Economy – Pasadena’s and the Region’s – Go Under the Microscope Thursday at Chamber of Commerce Summit

Published on Wednesday, October 12, 2022 | 6:30 am
 

Anyone interested is welcome to attend the 8th Pasadena Business and Economic Summit Thursday where industry leaders will discuss the conditions of the local and regional economy and offer insights into what may impact the Greater Pasadena Area and its economic health. 

The summit begins at 11:30 a.m. at the University Club in Pasadena.  

Session topics throughout the day will cover, aside from the economic environment in the region and the city, commercial real estate, life sciences industry and more. 

Organized by the Pasadena Chamber of Commerce, participants at the summit will have the opportunity to ask questions and learn about challenges and opportunities for businesses from economic experts and industry leaders. 

“Attending would benefit anyone who has an interest in the local economy [and] business — where things are going. And anyone who is interested to know how the economy might impact them either personally or with their business,” Paul Little, President and CEO of the Pasadena Chamber of Commerce. 

“We have a broadly interesting program, but it’s also information they could take away that could be a possible benefit for their company. Either some knowledge of where things might go or maybe even more importantly, what things should they watch for in the near term, in the long term to help inform plans they may have about their business as well,” Little added. 

During the event, David Klug, Pasadena’s economic development director will talk about the latest developments in Pasadena and what local businessmen can look at development-wise in the future. 

Little said the attendees will have a glance at the economic situation in the overall region from Keynote Speaker economist Charles Dougherty, vice president and economist with Wells Fargo’s Corporate and Investment Bank.

Based in New York, Dougherty covers the United States economy with a focus on commercial real estate, housing, construction and regional sectors of the economy. 

“That is going to be of interest since things are changing daily it seems with the economy and inflation and worries of recession and sort of what’s contributing and what may be bright spots in the economy as well,” Little said.

According to Little, Patrick Church and Alexandra Sesi of Jones Lang LaSalle Brokerage, Inc. (JLL) will talk about the life sciences industry, which he said is growing rapidly in Pasadena. 

They will also discuss commercial real estate, the evolving office environment.

Aside from the above-mentioned individuals, Pasadena Mayor Victor Gordo will also attend the upcoming summit and provide welcome remarks, according to Little.

The cost to attend is $65 and includes valet parking and lunch. A corporate table of eight, including signage and recognition on the program, costs $600.

The public can sign up and pay online at www.pasadena-chamber.org/forms/business-and-economic-summit.

For more information or to reserve seats call 626-795-3355 or email Leanne@pasadena-chamber.org or visit the Pasadena Chamber website at www.pasadena-chamber.org.

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