Ontario pushing forward with projects

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     Ontario's economic magnet -- L.A./Ontario International Airport --
might be shedding about 30 percent of its flights, but the seeds of economic growth in this city are still visible.
     Building projects are coming online and new businesses are opening
their doors, according to a city newsletter.
     * Kaiser Permanente is constructing Ontario's first hospital. It's
expected to be completed by 2011 and will put more than 100 physicians and medical providers to work, along with a staff of 1,200.
     * National home improvement giant Home Depot signed a 35-year lease
for a new store in the northwest corner of Euclid Avenue and Riverside Drive. The store is being built right now.
     * Bianchi International is relocating its gun-holster manufacturing
operations to Ontario. It's slated to share a plant with Safariland, a holster maker owned by BAE Systems.
     * A 175-room Embassy Suites hotel was recently approved by the city
council. It will be constructed where Haven Avenue meets the 10 Freeway.
     * While certain parts of the commercial real-estate market go through
a downturn, Ontario leads the region in industrial leasing activity, with a 2.85 percent vacancy
rate reported for the first quarter, according to CB Richard Ellis.
     * GE Energy Financial Services, a unit of General Electric Co., has
partnered with other companies to provide a 2.3-megawatt rooftop solar cell system for Toyota Motor Sales' North American Pole plant located in the city.
     --matthew.wrye@inlandnewspapers.com

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This page contains a single entry by Matt Wrye published on August 10, 2008 1:04 PM.

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