The former Oakley, CA chemical facility, sold in late 2020, is completely built out with over 1,724,455 SF of new industrial distribution space in the East Bay. Major players have invested over $1 billion in new development and infrastructure at the site, drawn by its size, community support, and a labor pool capable of filling 1,200 newly created jobs.
Vita Nuova supported two clients in successfully repositioning and disposing of the site. To facilitate its development, our team helped address site constraints, existing infrastructure, soil and groundwater contamination, and significant real estate challenges. Located in what real estate professionals called the “cul-de-sac,” Vita Nuova assisted in establishing the site as a centrally located, thriving distribution center that now provides products to multiple locations throughout the East Bay. The new development reduces commute times for locals and creates multiple economic benefits, including increased revenue from taxes, fees, and local spending.
This transformation underscores Vita Nuova’s commitment to revitalizing complex industrial sites for sustainable development and economic growth.
More information can be found here:
https://www.vitanuova.net/groundbreaking-a-success-for-former-chemical-facility-in-oakley-ca/