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
| May 30, 2012
Hill International to manage construction of Al Risafa Stadium in Iraq
The three-year contract has an estimated value to Hill of approximately $3.3 million.
| May 29, 2012
Torrance Memorial Medical Center’s pediatric burn patients create their version of new Patient Tower using Legos
McCarthy workers joined the patients, donning construction gear and hard hats, to help with their building efforts.
| May 29, 2012
Reconstruction Awards Entry Information
Download a PDF of the Entry Information at the bottom of this page.
| May 29, 2012
AIA expands Documents-On-Demand service??
Six new documents added, DOD offers nearly 100 contract documents.
| May 29, 2012
Legrand achieves over 20% energy-intensity reduction in Presidential Challenge
West Hartford headquarters announced as Better Buildings, Better Plants “Showcase” site.
| May 29, 2012
Thornton Tomasetti/Fore Solutions provides consulting for Phase I of Acadia Gateway Center
Project receives LEED Gold certification.
| May 24, 2012
2012 Reconstruction Awards Entry Form
Download a PDF of the Entry Form at the bottom of this page.
| May 24, 2012
Gilbane’s Spring 2012 economic report identifies multiple positive economic and market factors
Anticipating increasing escalation in owner costs through 2014.
| May 24, 2012
Construction backlog declines 5.4% in the first quarter of 2012?
The nation’s nonresidential construction activity will remain soft during the summer months, with flat to declining nonresidential construction spending.
