Western Real Estate Business

OCT 2016

Western Real Estate Business magazine covers the multifamily, retail, office, healthcare, industrial and hospitality sectors in the Western United States.

Issue link: https://westernrealestatebusiness.epubxp.com/i/732258

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Page 19 of 50

Quite Simply, Hesperia Works for Business Hesperia, located only 90 miles from Los Angeles, is a pro-business community eager to welcome prospective developers, industrialists, retailers and new business owners. Incorporated nearly 30 years ago, Hesperia has, especially over the past decade, built a strong economic foundation supported by a young and growing population, good access to markets, a strategic location, along with relatively low living and operating costs. Hesperia is a thriving community of 102,123 residents projected to reach a population of 113,151 by the year 2020. The city is positioned as the gateway to the Inland Empire's High Desert region with a population in excess of 431,000. The City of Hesperia's sphere of influence extends to hundreds of industrial/commercially-zoned acres along the desirable north-south frontage of Interstate 15. Hesperia combines access to air, ground, and rail transportation for fastest-to-market delivery, and offers exceptional time and cost advantages to companies requiring logistics benefits. From a location in Hesperia, nine Western states can be reached by truck in 16 hours. Logistics and manufacturing companies will benefit from Hesperia's proximity to the ports in Los Angeles and Long Beach, less than 100 miles distant, as well as air service from Ontario International Airport and Southern California Logistics Airport. Hesperia's newest corporate neighbors, MGA Entertainment, Aemerge/RedPak and Valew Truck Bodies recognized the strategic location and business advantages for serving their markets from an affordable and central Hesperia location when they recently made the decision to locate their facilities in the city. Hesperia's Industrial Strength The City has long understood the need to attract more businesses to provide its large labor force with better paying jobs and to help improve and balance the quality of life in Hesperia. This goal is achieved, in part, with an infrastructure investment in the industrial core of Hesperia, in particular to support the development of the city-owned properties adjacent to the G Avenue Rail Lead Track. A $2M grant from the U.S. Department of Commerce Economic Development Administration augmented construction funding for the $8.1 million track, runaround, service road and drainage channel, which were completed in 2012. Hesperia's nearly one-mile long track is served by BNSF Railway, reaching markets at every compass point of the United States. For those manufacturing companies requiring less stringent air quality regulations, Hesperia is not in the South Coast Air Quality Management District's (SCAQMD) jurisdiction. It is important to note that, instead, the Mojave Desert Air Quality Management District can permit operations that the SCAQMD cannot! If the requirements on your expansion or relocation punch list contain large scale facilities and proximity to transportation corridors such as Interstate 15 and US Highway 395, Hesperia offers what is becoming a rarity in the Los Angeles Basin and Inland Empire valleys of Southern California—two strategically located 200+ acre sites, each controlled by a single entity, as well as 80+ acres of rail-accessible city-owned land. All of these properties are adjacent to or in close proximity to major transportation corridors. The 232-acre Hesperia Commerce Center is a five-phased, entitled project which at build-out could consist of up to 3.5 million square feet. Comprised of up to 34 buildings of industrial warehouse and office space, the future logistics development is located on the west side of the I-15, just north of the new Ranchero Road Interchange at I-15. Five parcels, all under a single ownership, encompass 225+/- acres zoned as Commercial/Industrial Business Park. The approximate aggregate dimension is 3,988' x 2,585', plus a flag lot connecting the site to U.S. Highway 395, which ultimately joins with Interstate 15 to the south. However, just over a mile to the east of this site on Phelan Road/Main Street, I-15 is also fully accessible to exiting and entering truck traffic. Hesperia – A Retail and Housing Goldmine On the retail and housing fronts, a 4,714-square-foot Sleep Train store, one of the nation's top mattress retailers, is under construction. Lewis Retail Center's highly successful High Desert Gateway, anchored by Hesperia's Super Target at I-15, has announced nearly 31,000 square feet of new tenants going into Phase I, including an 18,000-square-foot Planet Fitness; a 7,500-square-foot Famous Footwear; and a 3,000-square-foot Leslie's Swimming Pool Supplies. M & M Jewelers and Eyebrows A+ will occupy another 2,325 square feet. Eagle Real Estate Group's new has broken ground on "the Villas, a 55+ community". A spring 2017 completion date is anticipated for the 4-building, 2-story complex of 1- and 2-bedroom units; the gated community will feature 96 apartments with many impressive amenities. The city is staffed with pro-development professionals who make it their business to cut through red tape. Wielding a toolbox that includes a huge selection of prime sites; a City Council committed to commerce; and incentive and assistance resources, the Hesperia team will remain your strategic partner, making your transition here expedient, affordable, productive and profitable. Commercial, industrial, retail and office properties abound throughout Hesperia, and this pro-development, customer service-oriented city is serious about bringing your business to Hesperia! To see how Hesperia can work for you, contact Economic Development Management Analyst Lisa K. LaMere at 760/947-1910 or by email at econdev@cityofhesperia.us.

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