In a recent office meeting we learned about all the new and exciting plans that are coming about with the new Stillwater Business Park, right here in Redding, CA.
Because the City of Redding is the developer, the motivation behind Stillwater is, very simply, quality employment opportunities for area residents and capital investment in the community.
The vision for Stillwater is that it will be a magnet for companies seeking access to western markets. Office and industrial users will find an excellent workforce, excellent access to Interstate 5 and overall operating costs that are significantly lower than most urban areas.
Whether you have a customer service or corporate office need or are manufacturing plastic and metal products such as medical devices, Stillwater will provide you with a site that is not only stunning aesthetically, because of surrounding views, but also with low costs and profitability!
BELOW ARE SOME SPECIFICS RELATED TO THE PARK AS PROVIDED BY
About Stillwater:
Transportation:
Highways
Located only 2.5 miles from Interstate 5, the Stillwater Business Park provides excellent access to California markets and the Northwest. Stillwater is located about 3 miles from Highway 44, which connects eastbound with Interstate 80 to Salt Lake City, Utah. State Highway 299 out of Redding provides access to the California coast.
Airport
Redding Municipal Airport is located east of the Stillwater Business Park. Redding has continued to invest in its airport infrastructure and is in the planning stages for another terminal expansion.
Rail
The main line of the Union Pacific Railroad runs through Redding, and although the Stillwater Business Park is not served by rail, there is a private rail transfer facility approximately 7 miles from the park.
www.stillwaterbusinesspark.com
Incentives:
The Redding City Council has approved an Incentive Policy that provides a number of benefits to companies developing in the Stillwater Business Park. These incentives include:
Job Credits
A job credit of $1,500 per employee is available to companies creating 10 or more jobs at or above the area's average wage. These credits can be used to offset development fees, up to $500,000 per development.
Traffic Impact Fee Waiver
Companies locating in the Stillwater Business Park can also take advantage of a Traffic Impact Fee waiver if they are creating 10 or more jobs at or above the area average wage.
Electric Rate Discount
The Redding Electric Utility (REU) has been authorized by the Redding City Council to offer electric rate discounts for industrial users. These reductions are in addition to the already low rates that typically run 30% to 40% less than investor-owned electricity providers in California. These discounted rates are based on kWh usage and demand and are determined on a customized basis.
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