Evergreen Devco, Inc., a leading retail, multifamily and industrial development company, has entered the airport submarket with a $13-million investment for 12.68 acres on two key sites that will become 48th@Alameda. Currently housing a vacant two-story office building, 2727 South 48th Street will be redeveloped to construct two speculative industrial buildings totaling 171,025 square feet and an adjacent outdoor storage area, and the auxiliary parking lot at 2530 West Campus Drive will be converted into 65,578 square feet of industrial outdoor storage space.
Photo courtesy Evergreen Devco
