Saturday, August 15, 2009

Californian Logistics Centre gets Green Light

Planning permission granted for established freight hub
Shipping News Feature

SAN FRANCISCO, US – Redevelopment of the SFO Logistics centre in South San Francisco can now go ahead after the city’s planners unanimously voted it through this week.

The scheme, which was proposed in January by the city’s Centrum Properties, will cost an estimated $23 million dollars and generate over 1000 permanent jobs. Construction is due to commence this Autumn with potential occupants being offered leases from the beginning of 2010.

The Logistics Centre will convert an already desirable commercial area into the most prestigious warehouse and distribution location in San Francisco. It was first constructed just after the second World War and has served as a home for many well known shippers including the US Postal Service.

It is anticipated that the revamped 572,000 square foot facility, located in 26 acres will generate an ingress of new companies keen to be close to an easier transport environment. South San Francisco is home to many bio tech and life science companies and these newer technologies already occupy up to 8 million square feet of commercial property in the area, principally in the city’s biotech business zone.

http://www.centrumproperties.com/