In The News: Two Weeks And Counting…

Today’s Sac Biz Journal has an article about developer’s push to pull building permits for projects in Natomas before the building moratorium goes into effect. Here’s an excerpt:

Natomas offices aim to beat deadline

With just two weeks left to obtain building permits before a construction moratorium takes effect in the Natomas basin, two developers say they’ll beat the deadline and build large speculative office projects while competitors are sidelined.

The Wong family, the founders of Bel Air Markets who sold the grocery chain years ago to Raley’s Inc., and other partners are proceeding with two 65,000-square-foot office buildings in the Gateway Oaks Corporate Center west of Interstate 5.

And Opus West Corp., which is finishing up construction on a second building at Gateway Corporate Center near Truxel Road, says it will start on a third 120,000-square-foot building.

Both have until Dec. 8 to pay fees and pull building permits before the lengthy moratorium goes into effect.

Comments

  1. I for one am excited to see more commercial building here in Natomas. I look forward to having those building filled! Trixie

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