IE Business Daily Business news for the Inland Empire.
Construction has begun on a 2.2-million-square-foot industrial park in Calimesa.
Birtcher Oak Valley Commerce Center is being built at Singleton and Roberts roads next to Interstate 10, according to Birtcher Development LLC in Newport Beach, the project’s developer.
The cost of the project was not disclosed. Construction is expected to be completed in the second and third quarters of 2024.
Birtcher Oak Valley Commerce Center will consist of four Class-A logistics buildings that cover 705,780 square feet, 466,170 square feet, 457,250 square feet, and 619,360 square feet. Each will have approximately 5,100 square feet of office space.
The project will be less than 25 miles from both the BNSF San Bernardino Intermodal Yard and Union Pacific Bloomington Intermodal Yard.
JLL will market the property. An 80-acre retail center expected to be completed in 2024-2025 is planned for next door.
Birtcher Development is a fifth-generation family-owned industrial developer. Since its founding in 1939, the company has acquired, managed, or developed more than 65 million square feet of property worth more than $7 billion dollars, according to the statement.
They are warehouses. I wouldn’t call that a major industrial project.
Agree.
My family used to live on that property way back in 1930s to 1950s. So I am very interested in what happens there.