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9.4M-SF Palmdale Industrial Project Secures Entitlements
Antelope Valley Commerce Center (AVCC) has officially received entitlement approval for one of the largest industrial projects ever proposed for Los Angeles County, according to its developer, Covington Group Inc. The entitlement covers AVCC East, which allows for just over eight million square feet of industrial development. Combined with the previously planned AVCC West, the master-planned project in Palmdale will reach up to 9.4 million square feet at full buildout, at a cost exceeding $1.2 billion.
A signature feature of the development is the potential for a single building spanning up to two million square feet. Covington said the site’s access to State Route 14 and strong potential for rail and air access, combined with proximity to Palmdale Regional Airport and Plant 42, creates a rare competitive advantage for a facility of this scale.
CBRE’s Craig Peters and Richard Ramirez have been tapped to handle leasing at the project.
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- ◦Development
