Introducing the Urban East project located at 1304 East St, Redding CA 96001. With a projected completion date set for December 2024, this redevelopment endeavor boasts a project value of $2.2 million, bringing forth a transformative addition to the Redding community. Spanning 12,115 square feet, this project aims to redefine office space in Redding, offering modern, Class A facilities that prioritize safety and functionality. With Controlled access, gig internet, and community spaces these office suites provide a great value while allowing for a distinctive and engaging office experience for employees and customers alike. Since its inception in March 2024, the Urban East project has been committed to delivering a contemporary workspace that meets the evolving needs of businesses in the area. Stay tuned for an innovative office space that sets new standards in urban redevelopment.
Continue readingWaldon St
The 2040 Waldon St Project, completed in November 2021, saw the transformation of an underutilized commercial property near downtown Redding. With a project value of $3.3MM, this 20,000 square foot light industrial commercial space was reimagined with a complete interior and exterior remodel. The property attracted high-quality tenants even before completion, including a light industrial tenant and a Tap House featuring outdoor seating, illustrating the strong demand for well-executed redevelopment in the region.
Continue readingMarket Gateway
Completed in April 2020 with a project value of $1.3MM, the Market Gateway Project represents a masterclass in urban commercial redevelopment. Occupying 8,700 square feet of prime Redding, CA, real estate, the project is a testament to HM Development Group’s commitment to invigorating the community and local economy.
The project has been flawlessly executed, providing three ground-level office/retail spaces, one restaurant space, and four unique basement spaces at 100% Occupancy. Market Gateway has become a bustling hub of commerce, offering a diverse range of services that elevate the local business environment.
Continue readingPine St
1557/1525 Pine St stands as a testament to our commitment to commercial urban redevelopment. Completed in December 2020, this $4.6 million project involved the full gut and remodel of two buildings in the Central Business District in Downtown Redding, CA.
The North Building, a 5,300 sq. ft. space, was successfully tenanted within months of completion in 2019. The South Building, a larger space of 14,700 sq. ft., was completed in 2020 and quickly leased to an anchor tenant, Bethel Music, one of the most influential Christian Music labels worldwide.
An additional 3,000 sq. ft. was allocated for retail and restaurant tenants, contributing to the vibrant commercial mix in the area. This project serves as a clear demonstration of our ability to drive economic growth and breathe new life into urban spaces.
Continue readingYuba St
Completed in June 2023, the 1320 Yuba St Project epitomizes urban redevelopment at its best. With a project value of $3.95MM, this 25,000 square foot retail/office project, situated in the Central Business District of downtown Redding, was meticulously remodeled and rebranded from an underleased, underutilized and partially vacant building. With a focus on the highest and best use, the building has now become a recognizable and significant landmark in Redding’s downtown, fully leased and contributing to the local economy.
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