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Economic development updates for Bakersfield covering recent months include:
The Tejon Industrial Complex is soon to be home to a 350,000 square foot distribution warehouse for Famous Footwear. The building is scheduled to be completed in December of this year, with an opening slated for spring 2009. Over 120 new jobs will initially be created.
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Economic development updates for Sacramento covering recent months include:
OptiSolar Inc., a solar panel manufacturer, is building one of the world’s largest photo-voltaic panel manufacturing plants in Sacramento. The 600,000 square foot plant will create over 500 new jobs during the next three years. The plant is estimated to add approximately $540 million to the annual […]
Economic development updates for Riverside covering recent months include:
Construction on the new Fox Plaza mixed use project is scheduled to begin within six months. The first phase of the project will include retail space, condominiums, and a parking garage. Up to 76,000 square feet of retail space and over 530 condo units will be included […]
Economic development updates for Redding covering recent months include:
Fresenius Medical Care North America recently opened a distribution center in Shasta Lake. The facility will service the Pacific Northwest region with kidney dialysis medical supplies. The facility employs 42 people.
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Economic development updates for El Centro covering recent months include:
Stirling Energy Systems plans to build the “world’s largest solar plant” in nearby Ocotillo. Construction on the plant could begin in 2010. Over 500 construction jobs will be created, and up to 1,500 jobs could be eventually created by the plant.
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Economic development updates for Bakersfield covering recent months include:
Railex LLC, a company providing cold storage distribution centers and refrigerated rail services, recently started construction on a new facility in nearby Delano. The facility is scheduled to be completed in September 2008 and will create 300 new jobs for the area.
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The California Association of Realtors reports in the LA times today that statewide median home sales prices fell 26% February 2007 to February 2008. Prices were down 27.2% in the inland Empire east of LA, 30.9% in Sacramento, and 39.1% in Santa Barbara County.
This drop has been equated to a loss of $2788 per week […]
Economic development news from Sacramento covering the past several months includes -
One of the largest developers and property owners in the Pacific Northwest is moving forward to build an office campus in El Dorado Hills that could potentially house 2,500 employees. Portland, Ore.-based Pacific Realty Associates LLP, also known as PacTrust, hopes to start construction on […]
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