The lack of new industrial space has been, and will continue to be a significant problem, for the San Gabriel Valley. One city doing something about this phenomenon is the City of Irwindale, which today opened a new 85,000 sq. ft. business park. My thanks to the Tribune and Rodney Tanaka for taking the time to write about critically important developments like this, even if they lack some of the flash of other stories.
Irwindale Economic Development manager Elaine Cullen on the project:
"Any new space that can come on the market in Irwindale for industrial uses is positive no matter what size it is," she said. "We have such a shortage. Our vacancy rate is less than 1 percent, which doesn't leave a lot of space to bring in new companies or for existing companies to expand."
Full story
Wednesday, September 20, 2006
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