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SHUTTERSTOCK ILLUSTRATION |
To Amanda Blackwood , CEO of the Sacramento Metropolitan Chamber of Commerce , the Capital Region didn ’ t turn into the industrial hub it is today overnight . “ This region has always been a hub because of ... the confluence of rivers , ( being the ) previous destination for the transcontinental railroad and now , with our major freeways ,” Blackwood says . “ It ’ s a logical place to really have that industrial hub and movement of goods in our state .”
Many companies like McKesson and Amazon that have put down roots in the region would agree with Blackwood . Over the past several years , the 10-county area has emerged as a particularly advantageous location for industrial real estate .
Drivers of Industry
Scott Lee , cofounder and CFO of Central Valley construction company Sisler & Sisler , says a variety of factors contribute to the region ’ s identity as an ideal industrial climate , including “ population , demographics , labor pool , highway connectivity and affordability in both commercial and residential real estate for the companies and their employees .”
Companies looking to move to the Capital Region will find not just one pocket of industry , but various zones both established and emerging . Take West Sacramento , for instance , where the city ’ s Economic Development Manager Diane Richards sees clear evidence of a booming industrial real estate market . She says that nearly all of the land zoned for industrial use is currently either under contract , under development or in escrow . “ Buildings are being leased almost before they can be finished ,” she says . This could be for any number of reasons , but Richards primarily credits the area ’ s “ superior proximity to both the Bay Area and the Sacramento metro area .”
Then there ’ s Power Inn Road in southeast Sacramento , which has “ a preponderance of industrial uses and is really one of the largest industrial areas in Northern California ” according to Steve Blanton , executive director of the Power Inn
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Alliance , a Property and Business Improvement District . Companies like Republic Services — the second-largest provider of waste collection , recycling and energy services in the U . S . — call the Power Inn area home , which contributes $ 6.2 billion in direct output and another $ 2.3 billion in indirect output as well as 58,000 jobs to the region , according to the alliance ’ s website . Representatives from Atlas Disposal Industries , HP Hood — one of the country ’ s largest food and beverage manufacturers — and L and D Landfill all serve on the alliance ’ s board . To the northeast , cities like Rancho Cordova and Folsom have become magnets for industry partly because |
Approx . 160-180 acres of the Panhandle is being developed into what the City of Roseville now calls the Roseville Industrial Park .
PHOTO COURTESY OF THE CITY OF ROSEVILLE
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February 2021 | comstocksmag . com 81 |