News Summary
Anduril Industries has significantly expanded its presence in Santa Ana, California, leasing 313,244 square feet at Lake Center Office Park. This brings its total footprint to 1.1 million square feet in the area. The redevelopment of Lake Center Office Park into the South Coast Technology Center is set to cost $126 million and will feature state-of-the-art industrial flex buildings, enhancing the workspace with outdoor areas, lush landscaping, and community parks. This expansion aligns with Anduril’s growth trajectory in the defense tech sector and meets the evolving industrial demands.
Santa Ana Welcomes Anduril Industries with New Expanded Operations
Exciting news is buzzing around Santa Ana, California, where Anduril Industries has just announced a significant new lease for a whopping 313,244 square feet at Lake Center Office Park. This expansion isn’t just a small move; it boosts Anduril’s total footprint in the Orange County area to around 1.1 million square feet. Talk about making a statement!
A Fresh Start at Lake Center Office Park
Once home to an office complex owned by C.J. Segerstrom & Sons, the Lake Center site has undergone a transformation, as the old buildings have been demolished for something new and exciting. The site is now buzzing with plans for redevelopment, which has been given the green light by the city of Santa Ana. With an estimated cost of $126 million, this project is set to become the South Coast Technology Center.
The development is in the hands of Irvine-based construction firm RM Dalton, which is working on plans that include three state-of-the-art class A industrial flex buildings totaling that impressive 313,000 square feet. But don’t worry, it won’t just be concrete and steel! There will be features to enhance the workspace experience, including outdoor patios, lush landscaping, surface parking, electric vehicle charging stations, and even a community park. Sounds like a lovely place to work and socialize!
About Anduril Industries
For those unfamiliar with Anduril, the company was founded in 2017 and has quickly made a name for itself in the defense and technology sectors. From its modest beginnings in Costa Mesa to its recent move to The Press—once the former Los Angeles Times site—Anduril has expanded by leasing 640,000 square feet in its ultra-modern new home.
Currently, the company is also leasing approximately 72,000 square feet at the Shea Business Center in Santa Ana. Plus, it’s in the midst of constructing a massive 5-million-square-foot mega-factory near Columbus, Ohio, scheduled to start production next year. All these developments highlight a clear trajectory of growth and ambition for the innovative company.
Plans that Align with Future Trends
While details about specific plans for the newly leased space at Lake Center remain under wraps, it’s clear that Anduril Industries is strategizing to meet the current and future economic trends in the industrial sector. The new site is positioned to support light industrial uses such as corporate offices, research and development, manufacturing, and warehousing. This aligns perfectly with the increasing demand for advanced technologies and efficient industrial spaces.
Add to that, Cushman & Wakefield and CBRE have already listed Anduril’s new lease at 3100-3120 Lake Center Drive in their market reports, which indicates the significance of this move in the larger economic landscape.
The Future is Bright
The transformation of Lake Center Office Park into the South Coast Technology Center is not just about creating office space; it’s about “future-proofing” the business area in Santa Ana. By introducing new uses that align with evolving economic trends, this redevelopment project aims to create a thriving hub for innovation and industry.
With a focus on creating a vibrant community right at the heart of industrial development, it seems like Santa Ana is setting the stage for a lively and engaging business environment that not only attracts new companies but also serves the needs of the current workforce. Keep an eye on this burgeoning area, as Anduril Industries and the South Coast Technology Center promise to be at the forefront of the next wave of economic growth!
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Additional Resources
- Orange County Business Journal: Anduril Signs 313K Sq. Ft. Lease in OC
- OC Register: Weapons Startup Anduril Hits $14 Billion Valuation
- Orange County Business Journal: Anduril Deal with U.K. for Attack Drones
- Los Angeles Times: Anduril Opening Huge New Headquarters
- Wikipedia: Anduril Industries
