Manteca growth is poised to continue strong as 2019 unfolds.
City building officials are currently reviewing plans for 91 building permits with a combined construction value of $151 million.
To put that in perspective, the projects currently in review represents a value by themselves that’s more robust than all but a half dozen years for the overall issuance of building permits.
It includes a permit valued at $93.2 million 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.
Not only will Great Wolf when it is completed by mid-2020 at $180 million represent the biggest private sector investment in Manteca history but it will also be the largest hotel ever built in the Great Central Valley stretching from Redding to Bakersfield.
The resort is being built on 30 acres purchased from the city west of Costco along the 120 Bypass.
The permits in review also includes a746,790-square-foot shell building for CenterPoint along North Airport Way sandwiched between 5.11 Tactical and the Penske building that serves as the Lowe’s Home Improvement distribution center for Northern California. The shell permit is valued at $42.7 million.
Although no announcement has been made of a perspective tenant, the traffic circulation approved for the building mirrors that of a typical e-commerce distribution center. That doesn’t mean it will end up being an e-commerce distribution center per se but it is approved for a use that can be that intense.
The next biggest permit in review in terms of value is $5 million for building at the wastewater treatment plant where $20 million in upgrades and improvements are being made.
The permits being reviewed also include 19 more single family homes with a combined construction value of $6.1 million.
Whether 2019 can match last year’s record $446.8 million in new construction is a good question. That said if only what is built is what is currently in review and the same number of homes are built that were started in 2018, this year’s construction totals would surpass $300 million making it the second highest year for building in Manteca.
The city could end up matching the 2018 total if two new road projects were counted among the permits. Work is expected to start in the coming months on the $8 million extension of Daniels Street from where it now terminates by Costco to connect to McKinley Avenue. Also getting ready to break ground is the $20 million plus upgrade to the Union Road/120 Bypass interchange that will deliver California’s first diverging diamond interchange.
Work is now wrapping up on the Atherton Drive gap to connect Union Road and Airport Way. It is along the extension that Living Spaces Furniture is expected to start building a 130,000-square-foot showroom-warehouse this year. The Southern California firm is projecting annual sales of $35 million at the high-profile location. They will employ 65 full-time workers, 25-part-time workers and throughout a given year have 50 temporary workers. The store will be slightly smaller than Costco’s 140,000-square-foot Manteca store.
It will leave a parcel between it and the southwest corner of the interchange. Developers have said a hotel as well as a drug store chain has shown interest on the other parcel.
Recap of 2018’s
$446.8M activity
There were 1,454 permits issued during 2018 for work valued at $446.8 million.
That included:
11 commercial buildings valued at $10.1 million.
3 government buildings valued at $13.7 million.
16 grading permits valued at $16.1 million.
15 permits for multiple family residences such as apartments valued at $6.3 million.
470 single family homes valued at $154.8 million.
3 shell buildings (i.e. distribution centers and such) valued at $72.7 million.
141 permits for swimming pools and spas valued at $24.2 million.
44 permits for tenant remodeling in commercial properties valued at $105.5 million.
Construction value reflects the cost it takes to build a structure, Market value, which is higher, is what a structure sells for after it is completed.
To contact Dennis Wyatt, email dwyatt@mantecabulletin.com
