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
| Jun 29, 2012
SOM writes a new chapter at Cincinnati’s The Christ Hospital
The 332,000–sf design draws on the predominantly red brick character of The Christ Hospital’s existing buildings, interpreting it in a fresh and contemporary manner that fits well within the historic Mt. Auburn neighborhood while reflecting the institution’s dedication to experience, efficiency, flexibility, innovation and brand.
| Jun 29, 2012
Benjamin Moore Paints announces new CEO
Robert S. Merritt comes to Benjamin Moore with over three decades of management experience in the restaurant and food preparation and distribution industries
| Jun 29, 2012
Guardian launches industry’s first glass visualizer for interior design
Online tool allows designers to explore the possibilities of glass.
| Jun 28, 2012
Federal applications of renewable energy
U.S. Army Fort Knox: Using the Earth for space heating and cooling. The U.S. Department of Energy’s (DOE) Federal Energy Management Program (FEMP) facilitates the Federal Government’s implementation of sound, cost-effective energy management and investment practices to enhance the nation’s energy security and environmental stewardship.
| Jun 27, 2012
HDR opens office in Beijing
The Beijing office is HDR’s second location in China; the firm’s other office is in Shanghai.
| Jun 27, 2012
KBE Building wins honor for Armed Forces Reserve Center
The construction phase was completed in just 16 months.
| Jun 27, 2012
SOM’s Baker receives honorary doctorate in engineering from Heriot-Watt University
Baker recognized for his career and influential contribution in the field of structural engineering.
| Jun 25, 2012
Living green wall planned for InterContinental Chicago
Project, with price tag of $2 million to $3 million, needs council approval.
| Jun 25, 2012
AIA-NJ honors DMR Architects
The academic building, completed in 2009, provides classrooms, computer labs, faculty offices, and meeting spaces for the College, which has a steady 7% annual increase in enrollment.
| Jun 25, 2012
Thornton Tomasetti appoints Hofmeister and Zhu to board of directors
The addition of Hofmeister and Zhu brings the number of directors to 10.