In the News 2009
Sudberry Properties on Target for Early 2010 Opening of Watermark Building.
Building Designed to Achieve LEED Gold Certification Upon Completion, Will House Corporate Headquarters for MedImpact Healthcare Systems, Inc.
July 6, 2009
SAN DIEGO – Sudberry Properties, Inc, one of the leading commercial developers in Southern California, has announced that its new six story, 154,987-square foot building is 50 percent complete and on schedule for occupancy on Feb. 1, 2010. The professional building located at 10811 Scripps Gateway Court will be the new corporate headquarters for MedImpact Healthcare Systems, Inc., a San Diego based company and the nation's largest privately held pharmacy benefit management company delivering pharmacy benefits to more than 32 million individuals nationwide. The campus will also be home to several other businesses.
The class A office building is designed to achieve Leadership in Energy and Environmental Design (LEED) Gold certification by the U.S. Green Building Council. Designed by local architects Hanna Gabriel Wells, the building's sustainable features include storm water quality control, water efficient landscaping, construction waste recycling, and the use of sustainable and recyclable building materials. Thirty-five percent of the building core’s electricity will be derived from renewable resources.
The project's forward-looking design and sustainable features also extend to the four story, 658-space parking structure, which will include designated parking areas for fuel efficient vehicles.
"Our goal with this project was to enhance the Scripps Ranch Gateway area by providing quality LEED certified office space with an orientation to the freeways that makes it easily accessible to people who live and work in the area," said Colton Sudberry, president of Sudberry Properties.
The steel framed building with natural stone and glass facade, coupled with the natural beauty of the surrounding terrain and abundant landscaping will combine for a relaxed yet-dynamic working environment. Abundant high-performance glass will provide natural lighting as well as sweeping views of the surrounding area.
The 60 million dollar project was financed by Bank of America and Key Bank. Project Management Resource Group is the project construction manager; Fuscoe Engineering, the civil engineer; Hope Engineering, the structural engineer; Lifescapes International, the landscape architect; and Reno Contracting Inc., the general contractor.
About Sudberry Properties
Sudberry Properties is a San Diego based real estate development and asset management firm that specializes in quality shopping center projects, office buildings, and sustainable mixed-use urban communities.
Contacts:
Gable PR – 877-251-3888
Tom Gable
tom@gablepr.com
Cell: 619-251-3881
Erin Koch
erin.koch@gablepr.com
Cell: 619-246-9249