City of Patterson, in Stanislaus County, CA set to expand West Patterson Business Park
Sunday, Aug. 19, 2012
As posted online in The Modesto Bee
By Patty Guerra
PATTERSON — City Council members Tuesday night are set to give their final OK to a massive industrial park expansion that will increase the size of the city by nearly a third.
Last week, council members unanimously approved developer agreements with Jeff Arambel and KDN Enterprises for a 1,100-acre expansion to the West Patterson Business Park that would move the city’s western limit to Interstate 5.
“At its buildout, it’s certainly going to put Patterson on the map,” Councilman Dominic Farinha said.
Click here to find out more!
After negotiations over millions of dollars, last week’s decision came down to a $65 per-acre difference over what the developers wanted to pay and what the city charges its other industrial park developers.
“It was only about three, four weeks ago we were talking about discrepancies of $30 million, $40 million, $50 million or more,” Farinha said. “Here we have a discrepancy of $180,000.”
Arambel interjected into council discussions of the matter, saying his group and KDN agreed to the higher price of $3,265.87 per acre.
Councilwoman Deborah Novelli thanked Arambel for the concession.
“I’m excited to hear that you’re taking your land and you have put all this hard work into it and want to develop within Patterson,” she said. “On so many levels, it will affect so many people.”
Backers of the project envision 10,000 jobs, capitalizing on the success Patterson has had in recent years landing distribution centers for CVS pharmacy, Kohl’s department store, Grangier office supplier and, most recently, Internet giant Amazon.
Patterson and its developers are moving full steam ahead with the proposal at the same time a massive industrial project six miles to the south has stalled. County officials could cut ties Tuesday night with Gerry Kamilos, who five years ago started a project to turn a former naval air base in Crows Landing into an inland port and industrial complex. [GBP Note: see West Park Logistics Center for location.]
Read full article in the Modesto Bee
To browse additional business and industrial parks in California visit Global Business Parks at:
Business Parks and Industrial Parks in California