FAIRFIELD, CA-The San Francisco Bay Area city of Fairfield, CA seems to be experiencing an increase in construction and economic development activity lately. Automotive group Price-Simms began construction in early October on a new 40,000-square-foot Mercedes-Benz dealership at Fairfield’s 31-acre auto mall, and construction is expected to start spring 2011 on a new 139,000-square-foot Lowe’s here.
The dealership will seek LEED certification. Green elements planned for the building include solar panels, energy-efficient lighting, and low water use. The location of the dealership allows it to serve several counties including Solano, Contra Costa, Napa, Sonoma, and Yolo.
Construction on the dealership is expected to be completed in August 2011. Local sources, including the city of Fairfield, tell GlobeSt.com that “the project cost is not a public number.” The general contractor is J.R. Roberts Deacon of Citrus Heights, CA, which has an extensive portfolio of auto dealership construction projects. The Ford dealership, which opened in October at the auto mall, is also owned by Price-Simms. The dealership includes a service center with repair and maintenance and adds 100 jobs.
Construction is expected to start on Lowe’s spring 2011. Escrow closed in October on the 11.04 acres at North Texas Street and Manuel Campos Parkway. In addition, a new 200,000-square foot Walmart Supercenter opened at the corner of North Texas Street and Atlantic Avenue. Walmart hosted its grand opening November 3, 2010.
“We continue to have strong economic development growth in our commercial and retail sectors,” says Fairfield City Manager Sean Quinn. “We are a business-friendly community with available land, approved business parks, and the infrastructure to help you house, build, and grow your company.”
In other business news Fairfield, CA news, Frank-Lin Distiller Products Ltd., has completed construction on a $34 million, 288,000-square foot building on 15 acres in the Tolenas Industrial Park. Financing for the project included $1.4 million in Recovery Zone Facility Bonds. The California Enterprise Development Authority applied on behalf of Frank-Lin for an additional $20 million, which was awarded to the business from the California Debt Limit Allocation Committee. The company moved to Fairfield from San Jose, California where it had been located since 1966. The facility will open for production in January 2011.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
