Sunday, March 16, 2014

Amargosa Creek Site Medical And Commercial Plan

The City of Lancaster is planning for future development iof an area of 150 acres from Ave K to Ave L between Sierra Hwy and 10th Street West. The site is called Amargoso Creek site, and they plan it to be mixed used development in this area. This would include office retail, medical facilities, (Kaiser Hospital), and a potential for Hotels, and residents. They also anticipate areas for people to linger (Cities words). This will likely be a park and or plaza area. The medical facility part seems to be getting the most attention. They have three phases with a full build out within 25 years. The Hospital will be in the southeastern part of the Amargosa site. Phase one will be a medical campus with a proposed support building containing offices. This part is expected to be completed by 2015. Phase two is where they plan to add 100 to 150 bed hospital with an expected opening on or before 2018. The final phase will depend on the areas growth, but may include a 50 bed expansion and additional office buildings. This part will be completed by 2020 or 2030. Contingent on this overall plan of the Hospital and Commercial sites will be the backbone infrastructure. The commercial phase one will go along with the medical facility. They anticipate the commercial demand will be general merchandise, specialty retail, full service dining, with a pedestrian area, shopping district and outdoor space likely a major plaza. Commercial phase two will be an area of a build out of 10th west and Ave K-8. Phase three commercial is a flex commercial in the northeastern part of the quadrant. This is the final commercial phase which will build upon the prior commercial and medical phases. It may move faster as the area needs it and as the growth demands. This area is looking and will start to look much better. This area has been vacant unused land with the surrounding area being built up. If you own land in or around this area you should see an uptick in prices. It may also be an area to buy and hold as well. Contact us at vacantlanddeals.com for land opportunities here and elsewhere.

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