By Faughn New Developments 0 Comments

New Visalia industrial warehouse to break ground

Visalia Industrial Park could have a good year in 2024. Fowler-based G-4 Enterprises is moving forward on a planned 310,000 square feet tilt-up warehouse in the industrial park in the new year. The company has filed building plans and should begin construction in January or February, says their broker, Ethan Smith.

The new building is south of Goshen Avenue at 1030 N. Kelsey St. (Road 84). Depending on the weather, Smith estimates, looking for about eight to 10 months of construction time.

Smith said that 2023 was a confusing year for both developers and tenants. They faced supply chain disruptions, high building costs, and interest rates, as well as uncertainty over the direction of the economy.

“We see more development in the Valley in 2024,” Smith said.

Visalia has a leg up when it comes to site selection with a track record of getting deals done on construction, approvals, and both utilities and land in place, he added. Planned industrial projects in Visalia have mostly been on hold in the past year, with only one huge building breaking ground in June, a massive 1.2 million-square-foot building west of Plaza Drive and north of Riggin under construction.

CapRock, developers of two Amazon buildings in Visalia, is developing the spec building. No tenant has been announced. The building could be ready by mid-2024. Seefried Properties is poised to move forward in 2024 on a huge 280-acre project at Riggin, west of Shirk. Seefried built the 400-job Ace Hardware project, now open on Plaza Drive. G-4 also has been stalled in Goshen on a speculative industrial building there. Still, a new agreement to provide sewer service to the community on new projects should also allow this project to move forward.

https://www.visaliatimesdelta.com/story/news/2024/01/05/new-visalia-industrial-warehouse-to-break-ground/72112687007/

By Faughn New Developments • Tourism • Workforce 0 Comments

Hard Rock Hotel & Casino Tejon Breaks Ground

Hard Rock International and the Tejon Indian Tribe celebrated the groundbreaking of the long-awaited hotel and casino located at Hwy. 166 and Sabodan Road West in the community of Mettler, California on Tejon Tribal land. The celebration featured a commemorative shovel groundbreaking with Hard Rock representatives, Tejon Indian Tribe leadership and general membership plus statewide and local community leaders.

The Hard Rock Hotel & Casino Tejon will be more than 700,000 square feet of which 150,000 square feet will be gaming space, featuring 2,500 of the most popular slots, 48 table games, and video poker, and will be the second closest class III casino to Los Angeles.

“This is an exciting day for the state of California, Kern County and the Tejon Indian Tribe,” said Octavio Escobedo, III Chair of the Tejon Indian Tribe. “This groundbreaking is a symbolic ceremony for the Tribe, which was landless for more than 150 years and has been a priority for us since we were reaffirmed as a federally recognized Indian tribe. From the start of our relationship with the United States government in 1851, our Tribe has fought for a homeland for our people. Today we are one major step closer to the dream of self-determination through economic development. The Tribe would like to thank local community support, the support from Kern County government, the entire California State Legislature, our federal delegation in Washington DC, and especially Governor Gavin Newsom. Including all the non-governmental organizations, SSCR LLC, Hard Rock International and the Seminole Tribe of Florida who stood shoulder-to-shoulder with us to help make our dream of restoring our land base and this groundbreaking possible.”

The project is expected to create approximately 2,000 construction-specific jobs and will be managed by the Penta Building Group, a southern California Company. Once both phases are completed, the project is expected to create approximately 5,000 direct and indirect jobs, both full-time and part-time.

Multiple dining options, including a signature Hard Rock Cafe and fine dining restaurant Council Oak Steaks and Seafood, a Rock Shop, and much more will be included in phase one. Rounding out the second phase will be a 400-room hotel, additional fine dining, pool, spa, cigar lounge and 2,800-seat Hard Rock Live event venue that will draw attractions like concert performances, comedy acts and sporting events to name a few. In addition, Hard Rock’s signature memorabilia will be on display throughout the property. The anticipated completion date of phase one is expected to be 22 months after the first shovel in the ground. Phase two is expected to be another 20 months and will complete the entire hotel and casino.

“Hard Rock is proud to partner with the Tejon Indian Tribe on creating a world-class entertainment destination,” said Jim Allen, chairman of Hard Rock International. “The Hard Rock Hotel & Casino Tejon property will be another incredible offering in our West Coast portfolio, and we are committed to supporting the local community and creating a lasting positive economic impact for the State of California.”

https://www.latimes.com/b2bpublishing/business-announcements/story/2023-12-20/hard-rock-hotel-casino-tejon-breaks-ground