AMGEN, Thousand Oak’s largest employer and one of the world’s leading biotech companies, officially broke ground last week on its new $600 million Center for Science and Innovation at its global headquarters. The expansion not only cements Amgen’s commitment to our local community but also signals exciting growth opportunities for residents, local businesses, and the real estate market across Thousand Oaks, Westlake Village, and Conejo Valley at large.

🌿 Sustainable Investments in Innovation and Thousand Oaks

Amgen’s new facility will bring together researchers, engineers, and scientists under one roof to accelerate the discovery of life-changing therapies for patients worldwide. The LEED Gold building in Thousand Oaks will feature advanced automation and technologies for collaboration and innovation.

Amgen CEO Robert A. Bradway emphasized the importance of the project, saying:

“With the first shovel in the ground, we’re reaffirming something essential: We discover here, we manufacture here, we deliver for patients from Thousand Oaks to all around the world.”

🧬 More Jobs, More Opportunity

As Thousand Oaks City Manager Drew Powers put it, this development is a “real shot of adrenaline” for the local economy. The biotech giant already employs around 5,000 people in the Conejo Valley, and this new center is expected to bring hundreds of additional high-skilled jobs to the region.

Mayor David Newman echoed that excitement:

“Amgen could locate anywhere on the planet, but it chose Thousand Oaks. This kind of high-value, innovation-driven investment defines our city’s economic future.”

For residents and prospective homeowners, this kind of economic investment has far-reaching benefits. 

🏡 What This Means for Thousand Oaks Real Estate - Strength and Stability for Homeowners and Buyers

Job growth drives housing demand — and as Thousand Oaks continues to strengthen its identity as a biotech hub, the Thousand Oaks real estate market is poised for steady, long-term appreciation. 

Amgen reinforces our community’s reputation as both a center for innovation and one of Southern California’s most desirable places to live. With strong award-winning schools, safe neighborhoods, and scenic surroundings, Thousand Oaks continues to attract professionals and families alike — particularly as new biotech developments like this bring more career opportunities to the area.

As local real estate expert Lydia Gable notes:

“When a company like Amgen makes this kind of long-term investment in our community, it signals confidence — not just in science, but in Thousand Oaks as a place to live, work, and thrive. Buyers see that stability and want to be part of it.”

As biotech professionals relocate for new opportunities, and as the city attracts more high-income earners, demand for homes near Amgen headquarters and throughout Conejo Valley is expected to rise. This could support steady appreciation in our local neighborhoods like Rancho Conejo, Dos Vientos, and North Ranch and beyond.

🌎 A Sustainable, Community-Focused Vision

Amgen’s new center is designed to be the most sustainable building on its Thousand Oaks campus. The facility will meet LEED Gold standards, reflecting the company’s ongoing commitment to environmental stewardship — a value that aligns with Thousand Oaks’ own dedication to green living and responsible growth, making it an attractive city for those seeking a community that values quality of life.

🏠 Thousand Oaks: A Biotech Hub with a Heart

As Ventura County continues to evolve into a thriving bioscience corridor, local residents benefit not only from job creation and economic vitality but also from a vibrant, forward-looking community spirit.

There’s potential for additional growth in the Rancho Conejo corridor, where, according to real estate attorney and member of the Thousand Oaks Planning Commission, Don Lanson, up to 15 more biotech-ready commercial buildings could be built — creating thousands of new jobs and even greater demand for nearby housing. Check out Lydia Gable’s interview with Don Lanson here: https://youtu.be/Kh3tWrVgGLc?si=_YzJxIteQdGfmHLt 

Amgen’s $600 million expansion reaffirms that Thousand Oaks isn’t just open for business — it’s leading the way in biotech innovation. And for those thinking about buying or selling in the area, there’s never been a more exciting time to be part of this dynamic, growing city.

Interested in Buying or Selling in Thousand Oaks and home values near Amgen?
👉 Connect with Lydia Gable Realty Group at Compass - the #1 real estate team in Conejo Valley - for local real estate expertise across Thousand Oaks, Westlake Village, Oak Park, and beyond. We are relocation certified, and love welcoming wonderful new families to our neighborhood! Lydia@lydiagable.com