Hotel/Industrial

HOTEL/INDUSTRIAL

Lancaster

Lancaster welcomed the grand opening of two new Hilton brand hotels, a 92-room Homewood Suites and 85-room Hampton Inn at Front Row Center.

Also welcomed, was the grand opening of 94-room Springhill Suites Marriott brand hotel along the 14 Freeway and West Avenue J-12.

A 48,000 square-foot medical office building is nearing completion at Avenue J-8 and 25th Street West.

Palmdale

Palmdale will welcome a new 136,522 square-foot Embassy Suites hotel that will offer 150 suites.

Adjacent to the Embassy Suites, the city is continuing development of the 7-acre conference center site.


Lancaster-Hilton Garden Inn


Palmdale-Embassy Suites

In 2009, GAVEA completed an update of the Industrial Base and Vacancy Report that was released to the public in November, 2009. The report may be reviewed on the GAVEA website at www.aveconomy.org.

The purpose of the report was to identify available industrial land and buildings in Palmdale and Lancaster; and, to assist GAVEA in its Marketing Outreach of attracting wealth-creating businesses to the region. This effort continues to be a major focus of GAVEA and its community partners reaching over 12,500 businesses over the last two and one-half years. It also included 4 wins equaling an estimated total investment of $5.5 Billion with 900 construction and 110 permanent jobs.

Lancaster Total Space Space Available
Single Tenant Space 4,610,316 122,543
Multi Tenant Space 2,558,936 421,839
Total Space 7,169,252 544,382
 
Palmdale Total Space Space Available
Single Tenant Space 893,758 148,015
Multi Tenant Space 1,698,899 571,894

Sub Total Space 2,592,657 719,909
Special Use* 7,107,538 675,640

Total Space 9,700,195 1,395,549
*Special use buildings are generally not dividable and deemed suited for special purpose

Lancaster

Despite the national recession of the past year, Lancaster's industrial real estate market has continued to grow with several new developments throughout the City. As featured on National Geographic's World's Toughest Fixes, eSolar completed its 5MW solar demonstration facility which is situated in the North Valley Industrial Corridor. In the Fox Field Industrial Corridor, Lancaster welcomed the opening of a new 40,000 squarefoot National Guard Armory that will serve not only as offices, but as a regional training facility. Another new industrial development completed in 2009 is Toneman Concrete Corporation's 55,000 square-foot multi-tenant industrial complex near Avenue L and 10th Street West which also serves as the company's new corporate headquarters.

Not surprisingly there has been an influx of medical/professional spec building in response to the growing need for medical services in the Antelope Valley. Sycamore Square is a single story garden style professional complex recently completed on 16th Street West, just north of Avenue J. In addition, a 13,000 square-foot medical office building has also been constructed near Antelope Valley Hospital.

Palmdale

Palmdale experienced continued growth in 2009 with many new developments coming to the city despite the slow economy. Embassy Suites, Ashley Furniture Homestore, Forever 21, Round Table Pizza, Palmdale Regional Medical Center, Patton Sales Corporation, DeVry University and many others now call Palmdale home.

In the Palmdale Trade and Commerce Center the 37-acre Palmdale Regional Medical Center, featuring a new 250,000 square-foot Universal Health Services hospital, continues construction with a projected opening date in the Spring of 2010. At the same time the first of two 62,000 square-foot medical offices will open. Adjacent to the hospital is the recently completed new 80-unit Summer Terrace affordable senior housing, which expects 100% occupancy by early 2010. Additionally, the Palmdale Trade and Commerce Center welcomed DeVry University's new 9,500 square-foot educational facility, offering college degree programs.

Development continued in 2009 in the Fairway Business Park with Patton Sales Corporation, opening a new 20,000 square-foot facility. Patton Sales Corporation is a family owned and operated business founded in 1959 in Ontario, California. "We are a steel service center and provide steel products and services to manufacturing, steel fabricators and welders, as well as general industrial customers. We have a broad line of metals, industrial hardware and ornamental steel supplies in each of our seven Southern California locations".  Jon Novack, President

With easy freeway access, Fairway Business Park is considered to be the premiere business park in the Antelope Valley.