The Pomona Ranch Plaza Lot 7 project site is located within Pomona Ranch Plaza, a mixed use commercial development under the Redevelopment Agency of the City of Pomona, California. The Lot 7 project will construct and manage a two-story building to attract new enterprises including retail or office tenants to the Pomona Ranch Business Center. The objective of the new development is to create new businesses and new jobs in Pomona and to generate profit for the Limited Partnership and its investors.
Few locations in Los Angeles County are as strategically advantageous as the City of Pomona. Located at the junction of 4 counties (Los Angeles, San Bernardino, Riverside, and Orange), Pomona is in the midst of a significant demographic expansion. With much of the available space from downtown Los Angeles to the San Gabriel Valley already absorbed, affordable housing can only be found to the east. Riverside and its surroundings have already experienced unprecedented growth in recent years, making the region one of the fastest growing markets in the country. Being right at the border of these counties, Pomona is one of the first city to feel the effects of this trend.
Pomona Ranch Plaza is located in an uptown, suburban neighborhood with excellent accessibility and includes a residential community that is coordinated with the nearby homes. The 74 acre site when fully developed will be anchored by Wal-Mart and WinCo Foods Supermarket, totaling over 350,000 SF of Retail Space, 350,000 SF Office Space, and a 105 rooms Holiday Inn Express hotel. Situated at the junction of highways 60 and 71, the site enjoys visibility from both freeways. To take advantage of this visibility, two freeway pylon signs (60' and 40') have been constructed. These features make this power center a self-sustained, master planned development that harnesses the regional growth and local culture.