Introduction

The Commerce Park is GRID's first development of its Highway frontage properties. One of the purposes of creating the Park and taking it through permitting, development and into marketing is to demonstrate the relative ease and minimal amount of time with which this process can take place in our part of Nevada as compared with, for example, urban Reno/Sparks (Washoe County) or California.

Location and Features

The Commerce Park is the first land in Churchill County on the South side of the Highway proceeding East from Fernley. On the West boundary of the Park is GRID's 220 acre Fernley Horizons Residential Park in Lyon County. The North boundary of the Park consists of Highway 50 frontage and on the East is Jersey Lane. The Commerce Park's land is flat to gently sloping.

The Park features both Highway frontage and interior lots of five acres or less with a 15 acre parcel at the Park's entrance on Jersey Lane which would be an ideal location for a gas/truck stop convenience store. GRID as developer arranged for a Sierra Pacific power line extension to and into the Park. Purchasers of lots in the Park provide for installation of their own wells and septic systems.

GRID's road contractor constructed and paved Resource Drive in 2005 and will do the same with Renewable Way in 2006. Resource Drive and Renewable Way will continue into the Residential Park at a future date giving the Commerce Park's businesses the benefit of the drive by exposure.

One mile to the East of the Commerce Park on Highway 50, Developers are making plans for the Great Basin Industrial Park and Matthews Ranch, a commercial and residential development that could feature as many as 5,000 to 6,000 new homes.

Zoning and Permitting

GRID rezoned the Park's land from Rural to M-1 (commercial/industrial) in 2005. GRID's engineers then surveyed parcels and a map was prepared for approval by the Churchill County Planning Commission and County Commission. Unanimous approvals of the rezoning and parceling applications were received in 2005.

Highway Access and Frontage

The Commerce Park features over one half mile of frontage on Highway 50. The Highway is currently being reconstructed into a four lane, controlled access roadway that will connect Fernley and Fallon with a modern, state of the art, transportation corridor. At the East end of the Park at the corner of Jersey Lane and Highway 50, a High T is being constructed to permit superior access to and from the new Highway. The High T will allow traffic to enter and exit the Park from and onto the Highway in all directions. The Fernley to Jersey Lane portion of the new Highway is targeted for completion in November of 2006.

Utilities and Services

Water and Sewer

Each Commerce Park lot owner provides their own water and sewer through the installation of a well and septic system. The well entitles the lot owner to use a prescribed amount of up to 4,000 GPD (gallons per day).

Electricity and Natural Gas

Sierra Pacific extended a power line to and into the Park. GRID as developer paid for this improvement and is refunded for the payment as each lot owner files and pays for electrical service to their property. Natural gas service is presently not available to the Park but GRID is working with Southwest Gas to provide a right of way for such service along the Southern boundary of the Park.

Communications

Fiber optic cable has recently been extended through the Park along its Highway frontage. Arrangements are being made for transformer site so that the Park can access the cable network.

Current owners include:

BLT Ready Mix
2444 Resource Drive

Desert Greens Landscaping
2528 Resource Drive

New pictures of the improvements and grading

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