The value of new construction started during the first three months of 2019 in Manteca topped $70.5 million.
Slightly over half or $35.3 million was for 108 single family homes. Fifty-seven of those permits for new homes were issued in March to account for $18.8 million of the month’s overall $23.3 million in new construction activity.
There are a number of major permits that were in review at City hall as of the end of March. CenterPoint Properties in February submitted plans to the city to add 278,700 square feet to the 551,575-square-foot distribution center Penske Logistics opened nine months ago in north Manteca. The $21.9 million project will increase the existing Penkse Logistics’ 551,745-square-foot building by 50 percent. Penske’s operation at Airport Way and Roth Road serves as the Lowe’s Home Improvement distribution center for Northern California and Nevada.
It joined another CenterPoint project that was already in permit review — a 746,790-square-foot shell building sandwiched between 5.11 Tactical and the Penske building. The shell permit is valued at $42.7 million.
Another permit valued at $93.2 million that was submitted several months ago for review is for the basic 528,931-square-foot building that will house the 500-room Great Wolf Resort hotel, indoor water park, conference center and family entertainment area that includes a number of restaurants and diversions. That permit is likely to be reflected in the city’s building activity report for April that will be released next month.
Those three projects by themselves when added to construction started in January, February and March will bring permit totals to $238 million. That is more than half of the record setting 2018 construction when work valued at $446.9 million was started. If work this year exceeds $300 million but doesn’t top last year’s totals is will make it the second highest year for building in Manteca.
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