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June 30, 2004 | Roger Vincent
Construction of a speculative $110-million industrial park being developed by the Southwest Carpenters Pension Trust has begun near the junction of the 60 and 605 freeways in an unincorporated area of Los Angeles County. Gateway Pointe Industrial Park, at the intersection of Workman Mill and Mission Mill roads, will include 1.6 million square feet of warehouse and manufacturing space, said Chris Bell, project manager for Whittier-based contractor Oltmans Construction Co.
June 23, 2004 | Stanley Allison, Times Staff Writer
The Mission Viejo City Council is considering allowing affordable housing units in business parks to comply with a state mandate to add 154 units to the city's housing stock. The proposal would allow developers to build relatively low-cost housing in areas zoned for commercial use without having to seek rezoning. Developers also may be asked to add affordable units in their residential mix to meet state requirements.
October 9, 2003 | Roger Vincent, Times Staff Writer
Construction is set to begin today on a long-delayed $1-billion business park adjacent to March Air Reserve Base in Riverside County. Developer Lennar Partners, a unit of LNR Property Corp., will start by building 5 million square feet of warehouse and light industrial space on 250 acres.
August 26, 2003 | Seema Mehta, Times Staff Writer
After reaching a settlement, community and environmental activists have agreed to drop their lawsuit to block part of the former March Air Reserve Base from being transformed into a mammoth business park. Along with reducing warehouse space and curtailing truck diesel fumes, the base's Joint Powers Authority agreed to build a regional park and other improvements.
July 1, 2003 | Barbara Demick, Times Staff Writer
SEOUL -- The largest South Korean investment across the demilitarized zone in North Korea, a $5-billion industrial park that is intended to become a city unto itself, was launched Monday with a groundbreaking ceremony that contrasted with the nuclear crisis hanging over the peninsula. The industrial park near Kaesong, which lies just across the DMZ, is the most ambitious of half a dozen economic projects underway in North Korea.
June 26, 2003
The Santa Clarita City Council has unanimously approved plans for a business park that will provide up to 7,000 jobs but require the removal of 1,400 oak trees. The developer of the Needham Ranch project initially had planned to remove 1,700 trees, but that number was reduced after a request from the council and protests by supporters of tree sitter John Quigley, who was evicted from an oak in January after living in it for 71 days.
May 20, 2003 | Janet Wilson, Times Staff Writer
Plans to turn part of Riverside County's former March Air Force Base into a business park, in the works for years, are in limbo after a last-minute court challenge by community and environmental activists. As many as 15,000 jobs would be created by the project, according to supporters, who say it would ease serious regional commuter woes and pump millions of dollars into the area economy.
January 25, 2003 | Roger Vincent
All three buildings in the 1.1-million-square-foot Airport Mission Business Park in Ontario developed by Newport Beach-based Western Realco have been sold for more than $40 million. Among the distribution facilities completed last summer is an unoccupied 857,000-square-foot building on Mildred Avenue, which was bought by Los Angeles-based CB Richard Ellis Advisors for an estimated $27 million. Western Realco developed the business park for seller Connecticut General Life Insurance Co.
September 10, 2002 | Brad Berton
San Gabriel Valley manufacturers and distributors have agreed to purchase five of the six industrial buildings under construction at the new 400,000-square-foot Imperial Business Park just off the Pomona freeway in Industry. The buyers, most of them owners of local businesses, claimed the 28.3-acre business park's smaller buildings at prices ranging from $78 to $85 per square foot, said broker Barbara Emmons of CB Richard Ellis.
September 3, 2002 | A Times Staff Writer
Developer Overton Moore Properties and partner Crow Holdings Industrial Trust plan to build a $40-million business park on a 47-acre parcel in City of Commerce. The Citadel Business Center will include 12 buildings with 750,000 square feet of distribution and manufacturing space. The buildings will be available for lease and for sale, according to officials at Gardena-based Overton Moore. Potential buyers have informally committed to about 50% of the space, a spokesman said.
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