The City of Davis, Calif., has initiated environmental impact studies on two projects that, if approved, would add nearly 7 million sf of commercial space to this market.
The Sacramento Business Journal reports that the city expects to complete those studies by next summer, after which it could take another 18 to 24 months to annex the land needed for two “innovation centers” for local research and technology companies.
The Business Journal reports that there are two proposals on the table:
• The Mace Ranch Innovation Center, submitted by The Buzz Oates Group of Companies, Ramco Enterprises and Barbara Bruner, would add office, research, retail and hotel space on 212 acres east of the city;
• The Davis Innovation Center, proposed by Hines, a real estate firm, and SKS Development, would place as much as 4 million sf of office space on 208 acres northeast of the city.
A third proposal for as 200-acre project called Davis Ranch—by Capitol Corridor Ventures, AKT Investments, Panattoni Development, and land entitlement expert George Philips—has yet to submit drawings to the city.
The annexation requires a majority vote by the public, which over the past decade rejected two large residential subdivisions. The projects would also need approval by the city’s Council, Yolo County, and the Local Agency Formation Commission.
Related Stories
Multifamily Housing | Aug 19, 2021
Multifamily emerges strong from the pandemic, with Yardi Matrix's Doug Ressler
Yardi Matrix's Doug Ressler discusses his firm's latest assessment of multifamily sales and rent growth for 2021.
Resiliency | Aug 19, 2021
White paper outlines cost-effective flood protection approaches for building owners
A new white paper from Walter P Moore offers an in-depth review of the flood protection process and proven approaches.
Resiliency | Aug 19, 2021
White paper outlines cost-effective flood protection approaches for building owners
A new white paper from Walter P Moore offers an in-depth review of the flood protection process and proven approaches.
Urban Planning | Aug 16, 2021
Building with bikes in mind: How cities can capitalize on the pandemic’s ‘bike boom’ to make streets safer for everyone
Since early 2020, Americans have been forced to sequester themselves in their homes with outdoor activities, in most cases, being the sole respite for social distancing. And many of people are going back to the basics with a quintessential outdoor activity: biking. Bike sales absolutely skyrocketed during the pandemic, growing by 69% in 2020.
Senior Living Design | Aug 13, 2021
Designing with dignity for senior living, with Mike Rodebaugh, LEO A DALY
In this exclusive interview for HorizonTV, Mike Rodebaugh, AIA, Senior Living Sector Leader with LEO A DALY, describes how his firm applies "hospitality magic tricks" in its senior living communities, using design to lend dignity to residents, staff, and residents' families and social circles.
Architects | Aug 5, 2021
Lord Aeck Sargent's post-Katerra future, with LAS President Joe Greco
After three years under the ownership of Katerra, which closed its North American operations last May, the architecture firm Lord Aeck Sargent is re-establishing itself as an independent company, with an eye toward strengthening its eight practices and regional presence in the U.S.
Architects | Aug 5, 2021
Lord Aeck Sargent's post-Katerra future, with LAS President Joe Greco
After three years under the ownership of Katerra, which closed its North American operations last May, the architecture firm Lord Aeck Sargent is re-establishing itself as an independent company, with an eye toward strengthening its eight practices and regional presence in the U.S.
Office Buildings | Aug 4, 2021
‘Lighthouse’ office tower will be new headquarters for A2A in Milan
The tower, dubbed Torre Faro, reimagines the company’s office spaces to adapt to people’s ever-changing needs at work.
Multifamily Housing | Jul 30, 2021
Multifamily housing for a post-COVID world
A trio of multifamily design experts presents concepts for post-pandemic apartment developments.
Architects | Jul 23, 2021
NCARB releases demographic breakdown of licensing exam pass rates
The organization is launching initiatives to figure out what’s causing disparities among candidate groups.