Property Summary for proposed rezone FC to IP
Site address: 280 W. Valley Blvd. Rialto, CA
Site area: ±6.47 Acres
Owner: 68 Valley L.P. (Investment Building Group)
Proven So. Cal. Industrial Developer with plans for demo of existing structures and build 2 new mfg./dist. Buildings Former uses: FedEx parcel facility 1989 - 2011
Goodfellow 2012-2022 (heavy machine repair/assembly)
Current zoning: Freeway Commercial (FC)
Proposed zoning: Industrial Park (IP)
All measurements are approximate and information from sources deemed reliable but not guaranteed.
Aerial photo of area of proposed Zone Change and Surrounding Zones Freeway Commercial “FC”
Project Boundary
Industrial Park “IP”
RECENT
REZONE
To IP
Subject Property
Why the owner is requesting the rezoning
New owner has invested the property with the intension of the rezone to IP as successfully done on other nearby properties along Valley Blvd.
We need to change outdated zoning to be able to build the new infrastructure that will meet both current and future area demand.
Current structures already conform to IP but are outdated. With new zoning, developer will redevelop the property improving it to modern IP standards.
With IP zoning, the site will become fully utilized at its highest and best uses, directly translating into increased local employment and tax revenue.
Current aerial view and satellite photos of predeveloped site All measurements are approximate and information from sources deemed reliable but not guaranteed.
RIVERSIDE AVE
VALLEY BLVD
WILLOW AVE
Proposed: New First Class IP Buildings
Summary of Benefits toCity of Rialto
Updating to IP rationalizes Rialto’s zoning map with actual area activity.
IP uses continue to be “Highest and Best Use” which ensures stable beneficial occupancy.
The proposed development offers flexibly divisible floor plans to accommodate more types of businesses looking to relocate to Rialto.
City will see increased revenue from up front developer fees and the tripling of the current property taxes annually.
The quality redevelopment of this site will modernize the area’s appearance, bring in desirable operations, thereby improving Rialto’s image as a great place to bring your business.