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Stone Point Property Broken Up For Sales

ROSEVILLE, CA-The city of Roseville is looking attractive to developers hesitant to invest in the Bay Area. Many companies are buying space at Stone Point, which is being sold in parcels by Richland Communities.

By Michelle Savage | Updated on June 03, 2002

ROSEVILLE, CA-Richland Communities Inc. is selling the 130-acre Stone Point site to various developers that are confident in Roseville’s potential for an office boom, including Shea Properties and Opus West.

The site, which is located at North Sunrise Boulevard and Eureka Road, was purchased by Richland Communities in 2000 from Minnesota Mining and Manufacturing. Now, the development company plans to divide and sell the land.

Some of the interested developers include Doug Sutherland, a local developer; Opus West Corporation; and Shea Properties. Sutherland plans to purchase 19 acres at Stone Point to pursue a 450,000-sf office and retail complex.

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