Covington Group Gets OK For 9.4M SF Industrial Project In Palmdale

Docks at an industrial site,

The 9.4M SF Antelope Valley Commerce Center has received final entitlement approval, according to a release from the project's developer, Covington Group.

It's one of the largest industrial projects ever proposed in Los Angeles County, Covington Group said.

Project entitlements cover approval for AVCC East, where roughly 8M SF of industrial development is planned. AVCC West, which is 1.4M SF, was previously approved. Approvals include the ability to build one warehouse up to 2M SF.

Total project costs are expected to reach approximately $1.2B, according to the release.

The city of Palmdale, located on the northern edge of Los Angeles County, is an industrial real estate hub that is expanding on its reputation. The city is also moving forward with a 1M SF proposed facility for Trader Joe's near the AVCC site, according to Covington Group.  

Palmdale and the high desert in general have seen larger deals over the past couple of years as the Inland Empire works through its supply. The high desert also has a reputation for being business-friendly with more available land than the built-up Inland Empire.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Los Angeles Newsletters
Related Stories

USA Properties Fund, Irvine Co. Break Ground On 338 Tustin Apartments: The Los Angeles Deal Sheet

Global Ad Agency Innocean Leases 101K SF At Hackman El Segundo Campus

Ramrock Real Estate To Redevelop Fort Worth's Ridgmar Mall Into Logistics Campus

SpaceX, Tesla To Spend $16.8B Building First Phase Of 100M SF Chip Factory

$1.1B Loan To Hudson Pacific, Blackstone Moves To Special Servicing

Tarrant County's Growth Is Making The Fort Worth Area Of The Metro More Attractive To Investors

New York Investor Buys Smyrna Flex Warehouse

The World Cup Boosted LA Hotel Rates. Occupancy Barely Budged

Segro Accepts Prologis' £14B Takeover Offer

Minority Investors Sue Industrial Realty Group Over Timing Of Reverse Merger

Westwood Financial Acquires South Town Crossing II In Burleson: The DFW Deal Sheet

MDNI Group Buys Santa Monica Apartments Out Of Receivership: The Los Angeles Deal Sheet