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
| Oct 20, 2011
Johnson Controls appoints Wojciechowski to lead real estate and facilities management business for Global Technology sector
Wojciechowski will be responsible for leading the continued growth of the technology vertical market, while building on the expertise the company has developed serving multinational technology companies.
| Oct 20, 2011
Stellar hires Navy veteran Taylor as vice president
Stellar’s federal experience includes military exchanges (large retail stores on military bases), lodging facilities for military personnel, fuel stations, youth activities centers and recreational centers.
| Oct 19, 2011
THOUGHT LEADER: Samuel S. Unger, RA, MCR, SLCR, MBA, is the Americas Real Estate Leader for Ernst & Young, LLP
Samuel S. Unger, RA, MCR, SLCR, MBA, is the Americas Real Estate Leader for Ernst & Young, LLP, Atlanta. He also serves as president of the CoreNet Global Atlanta chapter. In addition to managing 6.8 million square feet of real estate in North and South America, his responsibilities include real estate strategy for area practices, management of external professional alliances, requirements definition, business case development and approval, real estate negotiation and lease development, and oversight of construction projects for the portfolio. He holds a bachelor’s degree from Harvard College, an MLA and MArch from the University of Pennsylvania, and an MBA from Temple University.
| Oct 19, 2011
Another drop for Architecture Billings Index
Positive conditions seen last month were more of an aberration.
| Oct 19, 2011
System for installing grease duct enclosures achieves UL listing
Updated installation results in 33% space savings.
| Oct 18, 2011
Michel Bruneau wins 2012 AISC T.R. Higgins Award
The AISC T.R. Higgins Lectureship Award is presented annually by the American Institute of Steel Construction (AISC) and recognizes an outstanding lecturer and author whose technical paper(s) are considered an outstanding contribution to the engineering literature on fabricated structural steel.
| Oct 18, 2011
Dow Building Solutions invests in two research facilities to deliver data to building and construction industry
State-of-the-art monitoring system allows researchers to collect, analyze and process the performance of wall systems.
| Oct 18, 2011
Architectural leaders join Gehry to form strategic alliance
Alliance dedicated to transforming the building industry through technology.