ONTARIO, CA-The Bates Co. of Monrovia has unveiled plans for 250,000 sf of office space, two hotels, a hospital and a medical office campus at a 40-acre development site at the Haven Avenue exit of Interstate 10. The office project will be a 10-story class A tower, along with a three-story parking structure, a 250-plus room Embassy Suites, a 200-plus room Springhill Suites, 100,000 sf of medical office buildings and a hospital of more than 200 beds.

The new project will be called Ontario Gateway and will be about a mile from Ontario International Airport. Bates has submitted its plan to the City of Ontario and hopes to start construction late this year.

The Bates Co. will build the medical offices and the office tower along with the parking structure. New street construction is expected to commence later this year and the office tower construction is expected to begin in mid-2007, with completion set for spring 2008. Office leasing will be handled by Carol Plowman and Paul Earnhart of Lee & Associates.

The development of the hospital will be led by Dr. Jeereddi A. Prasad, president and chairman of Ontario-based ProMed Health Services, a health care service plan and management services corporation, and also with Inland Empire-based Chaparral Medical Group. The development of the hospital is a response to the rapid population growth in the area, which is one of the fastest-growing in the country.

The developers cite office space statistics from CB Richard Ellis that show a vacancy rate of 9.12% for Ontario with positive net absorption and increasing lease rates. They point to a hotel market analysis completed for the City of Ontario by PKF Consulting that forecasts rapid growth in Ontario’s hotel industry.

The Bates Co., headed by Gil Bates, president, is also developing the Parkway Business Center, a 16-acre project featuring a 100,000-sf five-story class A office building as well as 11 smaller buildings for sale or lease. The project site is nearby at the intersection of Interstates 10 and 15 in Ontario. Completion of first phase of the Parkway Business Center is anticipated second quarter of 2007.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.