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DUBLIN, CA-Last year, Dublin’s commercial real estate industry was booming as companies, such as Oracle, Commerce One, Sun Microsystems and Cisco, were vying over potential office campus spaces in the area. However, most of the park’s projects have been postponed or canceled, leaving the area largely vacant.

Oracle had planned to build an 830,000-sf campus on 12 acres, but decided this summer not to go through with the project.

Commerce One is contemplating breaking up its 27-acre site and selling it to developers to construct apartments or stores.

Cisco Systems has postponed plans to build an office campus on a 34-acre site, opting instead to settle for a nearby 110,000-sf office space.

The only company charging head with plans is Sun Microsystems, which still plans to develop its 750,000-sf Dublin headquarters. However, the purchase of the land has not been finalized with the county.

Dublin’s Emerald Park may have the right idea. Rather than developing office space, the 700-acre property is aimed at residential and retail development. A new apartment complex, Safeway and Home Depot are in the construction stages, and the property is being marketed for homes and stores.

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