Thursday, June 22, 2006

McClellan Park Shows the Way - Mather Field the Next to Play?

If McClellan Business Park is the model for converting a former military base into a viable community, could the same process happen at Mather Field in Rancho Cordova, Ca.

After five years of redeveloping McClellan Park, its owners announced Tuesday that they are ready to probe a red-hot commercial real estate market and find out how much they can capitalize off their investment.

This doesn't necessarily mean the property will be sold, said Larry Kelley, president of McClellan Business Park LLC, which owns and operates the former Air Force base. He and his partners would consider a restructured partnership, an investment or a purchase. - Dirk Werkman and Jon Ortiz -- Bee Staff Writers

One of the driving forces behind the redevelopment of McClellan Park was the McClellan Technology Incubator run by Oleg Kaganovich.

Also this week was an article in the Sacramento Business Journal about the tremendous residential growth of Rancho Cordova the regions youngest city.

After two decades with little residential growth, Rancho Cordova is preparing for a massive expansion. The 56,300-population city is seeing developers build and plan for 350,000 residents. - Mark Anderson Staff Writer Sacramento Business Journal


Could Mather Field in Rancho Cordova become the next McClellan Park? With some vision and strategic planning Mather Field just might become the next BIG success story for redevelopment and technology innovation in the Sac Metro region.

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