Warehouse developers are keenly observing Assembly Bill 98, as its new requirements for warehouse locations may substantially reshape the landscape of development in the Inland Empire.
The newly enacted AB 98 specifies setbacks of 300 to 500 feet from residential areas for new warehouses, impacting where and how buildings can be constructed.
Panelists believe that less-developed desert areas may benefit from the law's strictures, allowing them to start development with more favorable conditions.
As construction becomes more challenging in established markets, the value of approved sites in the Inland Empire is likely to rise, signifying a shift in strategic planning.
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