August 25, 2015
To learn more about issues such as the one detailed below, check out the Connect Inland Empire conference on Sept. 10 at Victoria Gardens in Rancho Cucamonga.
The World Logistics Center (WLC), a massive industrial project planned for the Inland Empire, has received approval from the Moreno Valley City Council.
The WLC will be the largest single industrial development project in California history, totalling 40.6 million square feet, and encompassing more than 2,610 acres. Highland Fairview is the developer of the project, and CBRE is heading up the leasing.
The WLC will yield unprecedented benefit to Moreno Valley’s local economy, providing an estimated 13,000 construction jobs and 20,000 permanent jobs at a variety of skill levels – from entry level to management. The project is estimated to contribute approximately $2.5 billion annually in economic activity to the city and the region.
When completed, the WLC will allow overnight delivery to 11 states. Moreno Valley is already home to many large distribution centers, including ones leased by Aldi, Amazon and Walgreens.