Tech Center to bring offices
Nevada City is all set to have a new business park soon.
Twenty years ago, the Grass Valley Group was approved to build its facility on 160 acres of land between Deer Creek School, Seven Hills School and Deer Creek. About half of the property was left unused. Now Campus Property Group has bought the tract, and will build nine office buildings on it – a project that’s being called the Nevada City Tech Center.
“There are two reasons (why we have bought the land),” said Robert D. Upton, principal of the Campus Property Group. “One, it’s a beautiful piece of property, beautiful trees and lovely rolling terrain. Secondly, the fact that it is already approved – 210,000 square feet – so we don’t have to go back through the process. We just have to move forward.”
Two local officials predict the project will have a positive economic impact on the area.
“Excellent, high-paying jobs will be attracted to the city and it will continue our focus to be a high-tech center at the foothills,” said Laurie Oberholtzer, former mayor and chairperson of the Planning Commission.
According to Sally Harris, a Nevada City city councilor, the sites for the buildings were chosen with care to have the least visual impact on the nearby schools and residential properties.
“The Planning Commission has worked with the developer in terms of placement of the buildings in the property,” she said.
“A lot of conditions were placed on it (twenty years ago) which are there today, such as preserving the trees and the requirement for a master plan,” Oberholtzer said. “The Grass Valley Group gave (Nevada City) about 100 acres of open space along the Deer Creek. The new subdivision also has about 20 acres of private open space. The result is a very high quality business park. The new owners are implementing the original developing agreement.”
“We are talking to three or four parties who are interested (to have their offices in the subdivision),” Upton said. “Our intention is to own the majority of the buildings as a long term investment, but we will sell one or two to owner uses.”
To contact staff writer Soumitro Sen, e-mail email@example.com or call 477-4229.
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