MANTECA IN JOB HUNT

Work on 2 ma­jor spec build­ings New construction at $168M so far in 2017

Manteca Bulletin - - Front Page - By DEN­NIS WY­ATT The Bul­letin

Work is start­ing on a 286,072-square­foot spec build­ing in Spreck­els Park on a par­cel that backs up to the High­way 99 north­bound tran­si­tion ramp to the west- bound 120 By­pass.

The shell for the spec build­ing be­ing pur­sued by Scan­nell De­vel­op­ment is val­ued at $ 16.7 mil­lion based on a per­mit the City of Manteca is­sued in Septem­ber.

Cur­rently the city is re­view­ing a foun­da­tion per­mit val­ued at $2.7 mil­lion for a 585,000-square-foot spec build­ing in the Pa­cific Busi­ness Park where Ama­zon is open­ing a Prime de­liv­ery cen­ter just west of the Manteca Uni­fied School District

of­fice com­plex on Louise Av­enue. When it is fin­ished, it will edge out the Ford Mo­tor Small Parts Dis­tri­bu­tion Cen­ter on Spreck­els Av­enue by 35,000 square feet as the largest com­mer­cial struc­ture in Manteca.

The Scan­nell build­ing when cou­pled with six other projects now un­der­way brings the value of build­ing per­mits is­sued for com­mer­cial en­deav­ors so far in 2017 to $48.4 mil­lion. Work is un­der­way on the 404,657- square- foot dis­tri­bu­tion cen­ter now un­der construction on Air­port Way south of Roth Road for the re­lo­ca­tion of 5.11 Tac­ti­cal dis­tri­bu­tion op­er­a­tions from Modesto and Lathrop.

The two new spec build­ings — as well as a pro­posed 1.2 mil­lion square-foot struc­ture Cen­ter­Point is mov­ing for­ward with that is known as the Lau­rie Project near the 5.11 Tac­ti­cal site — is ex­pected to put Manteca in the hunt to land more jobs.

In the first nine months of the year the city has is­sued 1,018 per­mits for construction work val­ued at $168.1 mil­lion.

That means the city by year’s end is likely to blow the doors off the cur­rent sin­gle year record for new construction starts that was set in 2002. The $191.1 mil­lion record was pow­ered by sig­nif­i­cant construction in the Spreck­els Park Busi­ness Park and 803 new homes. The year 2002 was the sec­ond high­est for hous­ing starts in Manteca. It was the sec­ond high­est year since the mid-1980s for new topped only by 1,075 new homes in 2000.

In terms of the dol­lar amount of construction, Manteca is on track to set a new dol­lar record in ex­cess of $270 mil­lion.

That’s based on the Pa­cific Busi­ness Park project per­mit for a shell build­ing to come in at about $30 mil­lion as well as the 154-unit apart­ment com­plex be­ing built at Van Ryn Av­enue and Ather­ton Drive that the de­vel­oper ex­pects will cost in ex­cess of $20 mil­lion.

If no other per­mits were is­sued in the last three months of the year that would put Manteca’s to­tal at $238 mil­lion.

Toss in new home construction and other work Manteca is ex­pected to see in the last three months of the year and over­all construction could eas­ily top $270 mil­lion.

There were 56 new sin­gle fam­ily home per­mits is­sued in Septem­ber that were val­ued at $16.7 mil­lion. To con­tact Den­nis Wy­att, email dwy­att@ man­te­cab­ul­letin.com

HIME ROMERO/The Bul­letin

Work is un­der­way on the 404,000-square-foot 5.11 Tac­ti­cal dis­tri­bu­tion cen­ter along Air­port Way in north­west Manteca at the Cen­ter­Point Busi­ness Park.

GROWTH

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