LANCASTER – The drop in construction activity being felt across the state and nation may be loosening its grip on the city of Lancaster, as more than 500,000 square feet of commercial and medical space is currently undergoing construction within the City limits, according to a press release issued Tuesday. The construction projects are being spearheaded by such well-known establishments as City of Hope, Kaiser Permanente, and Marriott.
“The move by these prestigious organizations to expand in Lancaster despite ongoing economic uncertainty shows that Lancaster has positioned itself as the place to be for businesses,” said Mayor R. Rex Parris.
Signature medical projects currently under construction include a new 136,000 square foot Kaiser Permanente Specialty Medical Office Building at Avenue L and 5th Street West and a full-service cancer center being built by City of Hope adjacent to Antelope Valley Hospital.
In addition, the City will very soon be welcoming construction of a new 93-room TownePlace Suites by Marriott, at Avenue J-8 and 20th Street West, and an 88-room Best Western Hotel at Avenue I and 20th Street West.
The hotel construction comes on the heels of the formation of the Lancaster Tourism Business Improvement District, a new marketing association formed by local hotels to attract visitors (both business and pleasure) to the Antelope Valley. Once operational, these hotels will be extended the opportunity to join the District.
A new Los Angeles County Multi-Service Ambulatory Care Center located at Avenue I near 3rd Street East will soon be completed. This 142,000 square foot facility is scheduled to open next year.
Retail businesses moving to Lancaster include upcoming expansions by Chipotle and Starbucks. Retail outlets also continue to expand in Lancaster’s downtown area with new mixed-use construction at the intersections of Date and Gadsden Avenues, as well as a relocation and expansion project by the Halley-Olsen-Murphy Funeral Home along Cedar Avenue.
In addition, construction of a 9,600 square foot industrial/commercial building off of Avenue L-14 and 12th Street West is near completion. In anticipation of future economic growth in Lancaster, a local investor saw the opportunity to capitalize on the rush of businesses and industries wishing to locate in Lancaster. With only one tenant confirmed upon beginning construction, demand has been so high, all eight units have already been leased.
Lancaster has also become fertile ground for new manufacturing growth. Morton Manufacturing recently broke ground on an 88,000 square foot facility in the Lancaster Business Park, relocating from Santa Clarita.
“The winning combination of available space, reasonably-priced land, and a very business-friendly environment makes Lancaster poised for even more expansive economic growth in the future,” said Parris. “The potential for growth throughout our region is tremendous, making the economic outlook for Lancaster bright for 2013 and beyond.”
(Information via press release from the city of Lancaster.)