The owner of the property is On Vineyard LLC and its managing member is IDS Equities LLC, according to Mike Siam, a founder and managing director of Investment Development Services.

Siam tells GlobeSt.com that the project will occupy a 20-acre site and will include eight to 11 concrete tilt-up, multi-tenant buildings for lease. The company has not yet finalized the site plan, he says, but in general IDS expects that the buildings fronting Vineyard and Ninth Street will be a combination of R&D and office, with a parking ratio of 4:1,000 sf. Buildings east and south of that intersection will be designed more as manufacturing and warehouse space. Architect for the project is Newport Beach, Calif.-based Hill Pinckert; no general contractor has been named.

IDS sees a demand for mid-sized industrial buildings because most of the development in Rancho Cucamonga and nearby Ontario in recent years has consisted of big box warehouses of hundreds of thousands of square feet each. Siam noted that relatively little land remains for development in the western part of the Inland Empire. He adds that the development site is on a major street, Vineyard, about a mile and a half from the Ontario Airport, between the new 210 Freeway to the north and the 10 Freeway to the south.

Siam says construction is expected to begin in July next year, with the first buildings available in 2004.

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