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Manteca breaks ground on $65M in development
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Two months into 2018 Manteca has already issued building permits equivalent to 29 percent of the overall value of last year’s record setting $228 million.
Just under half of the $65,515,667 worth of construction work started in January and February was accounted for by the $3,429,606 permit for the 565,580-square-foot spec shell building at the Pacific Business Center to the west of the Manteca Unified School District office complex.
There have been 76 single family housing starts in the first two months of the year with an overall construction value of $31.6 million.
There were 660 single family home starts in 2017 in Manteca along with a 150-unit apartment complex at Atherton Drive and Van Ryn Avenue just south of the 120 Bypass.
The single family housing start total could easily eclipse the 660 mark as there are three new subdivisions now in the grading phase that is a precursor to the pouring of foundations. In addition plans are in review for the 128-unit Woodbridge apartment complex northeast of the Lathrop Road and Union Road intersection.
Should 1,320 homes end up being built over the two-year period as well as 278 apartments, based on historic yields it would add at least 4,900 more residents to Manteca. The city is now closing in on 78,000 residents without any of the aforementioned housing units being occupied. To put that in perspective, Manteca would be added almost a third of Ripon’s population of 15,500 in just two years.

To contact Dennis Wyatt, email dwyatt@mantecabulletin.com