Seventh Street Development Breaks Ground on 10-Acre Irwindale Business Park

Alderson Business Park
Irwindale, California
193,000 Square Feet (5 Industrial Buildings)

State-of-the-Art Industrial Park in San Gabriel Valley Breaks Ground
Seventh Street Donates $2.5M to Veterans as Part of Project

LOS ANGELES, CA, December 7, 2016 – Seventh Street Development and Cushman & Wakefield joined officials from the City of Irwindale and the City of Baldwin Park on December 6, 2016 to celebrate the groundbreaking of Alderson Business Park, a 10-acre, 195,130-square-foot industrial development in Irwindale, California. It is one of only two speculative industrial developments in Irwindale in the last 10 years.

The groundbreaking ceremony comes after nearly two years of effort by the City of Irwindale and Seventh Street Development, a privately held real estate development firm that has been a member of the Irwindale Chamber of Commerce for 12 years. Dignitaries presiding over the Tuesday morning ceremony were: Irwindale Mayor Mark Breceda; Irwindale Mayor Pro Tem Albert Ambriz; Irwindale Councilmember Manuel Garcia; Irwindale Councilmember Manuel Ortiz; Irwindale Councilmember Larry Burrola; Baldwin Park Councilmember Cruz Baca; Baldwin Park Councilmember Ricardo Pacheco; Irwindale Planning Commissioner Patricia Gonzales; Irwindale City Manager John Davidson; Baldwin Park Chief Executive Shannon Yauchzee; Irwindale Community Development Director Gus Romo;  Team AMVETS of California Department Commander Enrique Rudino, and American Veterans Post 113 Commander Jerry Martinez. On the eve of the 75th anniversary of the Pearl Harbor attack, the ceremony was also attended by a large number of Veterans including four that served in WWII.

The Alderson Business Park site is located on Alderson Avenue and Los Angeles Street immediately adjacent to American Veterans (AMVETS) Post 113 Headquarters and Event Center, a 600-member post that has been operating for 57 years. AMVETS had been leasing their 2.33-acre property from the City of Irwindale Redevelopment Agency (RDA). When the State of California required the RDA to sell all of its properties and AMVETS was in danger of losing their lease, an entity controlled by Seventh Street Development made a donation of $2.5 million to the AMVETS California Charities which ultimately allowed Post 113 to purchase their headquarters facility.

“It was about investing in the community,” said Craig Furniss, President at Seventh Street Development. “AMVETS used the money to buy the property from the City of Irwindale RDA and now they will have it forever. We have the 10-acre development with this great project and a happy and stable neighbor. It’s a win-win situation.”

Mayor Mark Breceda said, “This development will not only bring five new businesses to town, but allows us to make Irwindale the permanent home to AMVETS Post 113 who have been here for over 50 years.  Alderson Business Park gives us the best of both worlds by allowing us to promote new business within our community while at the same time honoring our veterans.”

The state-of-the-art industrial complex featuring Mission-style architecture will be comprised of five freestanding buildings that range from 28,420 to 49,380 square feet and is scheduled for completion in June 2017, with spaces available for lease. Each building will feature 5,570 square feet of two-story executive office, large fenced private yards, 26-foot minimum clear height, dock-high and grade level loading, ESFR sprinkler systems, and ample parking. The project is optimally situated on the Irwindale/Baldwin Park border within close proximity to the Baldwin Park Metrolink Station/Bus Center and the I-605, I-10, and I-210 Freeways.

“There are very few speculative industrial developments for smaller, freestanding spaces which makes Alderson Business Park a unique project,” said Ty Newland, Senior Director in Cushman & Wakefield’s Ontario office who is handling the leasing of the project. “With vacancy at a historic low of 0.9% in the San Gabriel Valley, this property should draw a lot of interest from users in the marketplace, especially considering Alderson’s new construction, large private yards, and ample office build-outs.”

Seventh Street Development has been the most active industrial developer in the San Gabriel Valley in recent years, having completed projects such as the 85,000-square-foot Speedway Business Park (a previous speculative industrial development in Irwindale), the 650,000-square-foot Huy Fong Foods headquarters and manufacturing plant (the largest single building ever built in Irwindale), and the four-phase 2,000,000-square-foot Mission 71 Business Park in Pomona.

Click here to download a rendering of Alderson Business Park.

Posted March 14, 2021 by jcowan in News