Bill to limit warehouse development draws industry response
Briefly

The controversial bill, which targets new warehouses over 250,000 square feet, is facing opposition from both commercial real estate groups and environmental advocates clamoring for differing objectives.
NAIOP SoCal expressed that the bill imposes impractical mandates that undermine local governance and threaten to stifle economic growth in a thriving market such as the Inland Empire.
Numerous stakeholders are concerned that the bill’s stringent buffer and setback provisions could deter much-needed development, strong-arming existing businesses and diminishing growth potential in crucial commercial areas.
As the Inland Empire continues to emerge as a pivotal hub for large warehouses due to its infrastructure, the bill’s implications could reshape the region’s lucrative market dynamics.
Read at therealdeal.com
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