Marketing Communication Releases
Reproduction of an article appearing in the San Bernardino
County Sun

Land near SBIA draws interest
Jim Steinberg, Business Editor
San Bernardino County Sun
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Interest among developers is heating up for land
around San Bernardino International Airport.
Two developers are seeking redevelopment project
study agreements with the Inland Valley Development Agency for
land outside the boundaries of the former Norton Air Force Base.
The agreements, which will be brought before the
IVDA board this afternoon during a regularly scheduled meeting,
are essentially an exclusive right to negotiate while various development
scenarios are studied for the land, said Don Rogers, the IVDA's
interim executive director.
The study agreement period is set for one year.
It is the first time the IVDA is seeking to get
involved in a development project outside the former base since
the mid-1990s.
The IVDA's jurisdiction includes 15,000 acres extending
outside the boundaries of San Bernardino International Airport,
Rogers said.
Seal Beach-based development firm J.R. Watson & Associates
is proposing a combination of town home, condominium, zero lot
line "live-work'' residences and detached single-family residences
on the north side of Third Street between Palm and Tippecanoe avenues
in the unincorporated area of the county extending from Third Street
to Fourth Street.
Watson is also proposing the acquisition of blighted
and underused dwellings and other units and the assembly of land
for an industrial-office project consisting of buildings to be
built in a campus-style setting ranging from 2,500 square feet
to 100,000 square feet.
This land is located south of Third Street between
Lena Drive and Tippecanoe Avenue.
Watson is the developer of University Park in north
San Bernardino, where single-family homes sell for between $500,000
and $800,000.
"We like San Bernardino and feel it is wonderful
place for development,'' said Jim Watson, president.
Irving-based Street-Manchester LLC, a company that
is in escrow to buy the Carousel Mall in downtown San Bernardino,
is looking at a residential development on property located east
of Waterman Avenue and bordered by East Dumas Street to the north.
Additional lands would be studied as well.
Street Manchester was one of the developers of the
HUB project at Tippecanoe Avenue and Interstate 10.
The IVDA board meeting will begin no earlier than
3:30 p.m. at Loma Linda City Hall.