RICHMOND CA—City officials here will hold a press conference today to detail plans for the redevelopment of the former Steelscape plant that closed in 2005.
LDK Ventures LLC, a family-owned real estate development firm, has announced a plan to build 700,000 square feet of new industrial space on top of the abandoned steel factory.
John Troughton, a senior director at Cushman & Wakefield, Inc., wrote in a letter announcing the deal, “We have caught an opportunity and an employment wave that Richmond can ride for a long time that should result in about three times the original jobs that were lost on the Steelscape site and the surrounding properties.”
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
