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
| Mar 16, 2012
Stego embarks on HPD Pilot Program
Vapor barrier manufacturer strives to provide better green choices to designers and builders.
| Mar 16, 2012
Marvin Windows and Doors accepting entries for fourth-annual myMarvin Architect’s Challenge
Architects in U.S. and abroad offered the chance to showcase their very best work.
| Mar 14, 2012
Hearing to decide fate of unfinished Harmon in Las Vegas under way
The testimony began with CityCenter consulting engineer Chukwuma Ekwueme methodically showing photo after photo of parts of the Harmon, where he and his team had chipped away the concrete pillars and beams to examine the steel reinforcing bars inside.
| Mar 14, 2012
Firestone names 2012 Master Contractor Award Winners
Annual award acknowledges industry’s top roofing professionals.
| Mar 14, 2012
Plans for San Francisco's tallest building revamped
The glassy white high-rise would be 60 stories and 1,070 feet tall with an entrance at First and Mission streets.
| Mar 14, 2012
Hyatt joins Thornton Tomasetti as VP in Chicago
A forensic specialist, Hyatt has more than 10 years of experience performing investigations of structural failures throughout the U.S.
| Mar 14, 2012
Tsoi/Kobus and Centerbrook to design Jackson Laboratory facility in Farmington, Conn.
Building will house research into personalized, gene-based cancer screening and treatment.
| Mar 13, 2012
China's high-speed building boom
A 30-story hotel in Changsha went up in two weeks. Some question the safety in that, but the builder defends its methods.
| Mar 13, 2012
Commercial glazer Harmon expanding into Texas
Company expanding into the Texas market with a new office in Dallas and a satellite facility in Austin.
| Mar 13, 2012
Worker office space to drop below 100-sf in five years
The average for all companies for square feet per worker in 2017 will be 151 sf, compared to 176 sf, and 225 sf in 2010.
