Proposed Project Brings Significant Benefits to the Tracy and Banta Communities
The Tracy Alliance is pursuing investment in the City of Tracy and surrounding community to develop a Class A logistics center that will be a two- or three-building project. The proposed LogistiCenter℠ at Grant Line Road will bring jobs, traffic relief, road improvements and local school funding, among other benefits to Tracy, Banta and the surrounding communities including:
- Adding more than 1,500 new jobs as estimated by the City of Tracy
- Paying more than $1.1 million in school fees to benefit the Banta School District based on 1,850,000 square feet of industrial space at 0.61 per square foot
- Retaining a portion of the land for the planned and necessary future Chrisman Road and I-205 interchange
- Making vital improvements to Paradise Road
- Making necessary upgrades and repairs to Grant Line Road
- Developing a much-needed, well positioned distribution center in California’s central valley
- Constructing a storm water detention basin and open space buffer between future project buildings and residents on California Avenue
The proposed project site is within unincorporated San Joaquin County adjacent to the City of Tracy’s northeastern city limits and adjacent to the City of Tracy Northeast Industrial Specific Plan area. Dermody Properties is committed to developments that benefit the community and carefully considers the environment and other aesthetics to ensure a high-quality project.
The proposed project will consist of developing approximately 1,850,000 square feet of warehouse and distribution space located in two or three buildings and an approximately 12.45-acre stormwater detention basin. The basin will include a pump station and the City of Tracy will own and manage the facilities.
Project documents are available on the City of Tracy’s website.