A CA-based development company will construct a $150 million office and light industrial park in Westminster, which counts among its neighbors the former Lucent Technologies R&D Park.

The North Ridge at Park Center eventually could have as much as 1.5 million sf. North Ridge Investment LLC, based in Palm Desert, recently paid slightly more than $3.8 million for 105 acres at W.12th Ave. and Pecos St., just across the street from the 1.3 million-sf former Lucent complex now the Avaya Communication R&D facility. Meanwhile, Avaya too has the building bug, expanding its site by 480,000 sf. pSituated five miles to the northwest is Interlocken Business Park in Broomfield.

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