Ross – Fairfield, CA

Project Information

Owner/Developer

Gateway Plaza L.P.

Size

30,000 Square Feet

Project Manager

Terra Realty Advisors, Inc.

Delivery Method

Negotiated

Year

1999 Start

2000 Completed

VALUE/COST:

$1,900,000

Financing

Ground lease with institutional financing

Project Notes

This project involved the demolition of a closed Olive Garden restaurant and combining two pads to construct the building in this 10-year-old shopping center. Working in an extremely short time frame and delivery date, the building was constructed using precast concrete panels, which allowed construction to occur during the winter with minimal delays due to weather. The financing was complex, including city redevelopment funds, a ground lease, and institutional financing. The project manager coordinated all aspects of the entitlements, development, and construction from start to delivery of the final space to Ross.

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