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LAGUNA HILLS, CA-Developer Omni West has won approval from the Norco Planning Commission for a new 52,000-sf mixed-use project called Parkridge Business Center. The new project, which is designed to serve the Norco/Corona area, will include two office condominium buildings totaling more than 13,000 sf each as well as a flex-tech condominium building of more than 25,000 sf that can accommodate a diverse range of uses, from office/R&D to industrial and warehouse space.

Omni West is developing the project in partnership with Menlo Park-based HG Capital LLC on a four-acre parcel along Parkridge Avenue near the corner of Hamner Street, less than a mile from the Interstate 15 and 91 freeways. According to Kip Dubbs, president of Omni West Group, office space for each user can range from 900 sf to 13,000 sf, while the flex-tech portion will be able to accommodate users that require footprints as small as 2,100 sf.

The flex-tech units will accommodate up to 70% office build-out, notes principal Tal Siglar, at the Ontario office of Daum Commercial Real Estate, which is marketing the project for Omni West. Construction is expected to begin in the first quarter of 2008, with completion slated for the third quarter of 2008.

The approval of plans for the Parkridge project follows Omni West’s recent groundbreaking for a 66,000-sf medical and professional office condominium project in Lake Elsinore and the company’s recent unveiling of plans for 80,000 sf of medical office condominiums in Moreno Valley.

In addition to those projects and the Parkridge Business Park, Omni West is developing Rivera Industrial Park, a 50,000-sf project in Riverside; as well as several other projects in the design and entitlement phase.

The company also manages the recently completed Paseo del Sol Medical Center, part of the five-acre, master-planned Paseo del Sol in Chino.

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