Tuesday, July 27, 2004

Office Developer Eyes Green Valley Location

Developer eyes Green Valley location

By Matthew Bunk

-- Doyle Wiseman jumped into the Green Valley development fray with plans to build a three-story office building on 2.3 acres near the Green Valley Corporate Park.

Wiseman, owner of development and brokerage firm The Wiseman Company, LLC, said space in the 50,000-square-foot building will be designed to accommodate small- to mid-sized service and professional businesses, including a top-flight restaurant that he envisions as the main attraction on the ground floor.

"A white-tablecloth restaurant is something that would benefit our other tenants," Wiseman said. He said several restaurants have shown interest but none have signed a lease yet.

In fact, no tenants have been secured as the project is only in the design stage, Wiseman said. But the idea of a fashionable restaurant complements what he has planned for the rest of the building.

Even though the details could change quite a bit before construction begins, the concept will remain building a home for prestige businesses, Wiseman said.

Stone floors, a steel frame and an open atrium will be a few of the features Wiseman Broker Kirk Hull said will set the building apart from others in Fairfield.

"We're looking for a different type of businesses," Hull said. "This area has a higher-end development than across the way."

Construction will begin in early spring, with completion expected by the end of 2006.

Given its location along the intersection of Business Center Drive and Green Valley Road, and because a pond planned nearby will add visual appeal, Wiseman swears he's found the sweet spot of Green Valley.

Even though vacancies in office buildings nearby could result in fierce competition for tenants, Wiseman executives said they're offering a completely different product.

Wiseman, who built One Harbor Center in Suisun City and professional buildings in downtown Napa and Woodland, expects its next building to include many of the features of previous projects. Design details have not yet been worked out, Wiseman said.

Once finished with design elements, Wiseman said he'll try to broker deals that would place a bank and two other service-related businesses on the pedestrian level. Professional office users could lease space on the upper floors.

TWM, the architect firm that designed One Harbor Center, will work with Wiseman on its Green Valley building.

Reach Matthew Bunk at 425-4646 Ext. 267 or mbunk@dailyrepublic.net.

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