Construction has begun on a $100 million, 50-acre industrial park near San Diego’s eastern border crossing with Mexico. The Landmark Otay project is anticipated to take advantage of the rapid industrialization near Otay Mesa Port of Entry, as well as infrastructure improvements near the U.S.-Mexico border.
According to The San Diego Union-Tribune, the project began pouring concrete in January following the complete of grading, and environment and tribal inspections.
Landmark at Otay will have four buildings and will be one of the largest industrial parks in San Diego County’s history. Construction of the first two buildings, one with 216,140 square feet and another with 153,630 square feet, is expected to be completed by the end of 2021. The final buildings will depend on market conditions and the speed of approvals.
Some tenants include Vidal Corp., a cross-border logistics company, and R. L Jones Customhouse brokers.
Businesses in Otay Mesa have been able to profit from substantial increased trucking imports from manufacturers in California. For several years, many American manufacturers have been shifting outsourced manufacturing in Asia to Mexico, leading to rapid industrial growth near border crossings in San Diego and parts of Texas.
According to the San Diego Union-Tribune, the project is a 50/50 joint venture from two Southern California companies, City of Industry-based Majestic Realty Co. and San Diego-based Sunroad Enterprises.
