SR Technology Park breaks ground
By Colleen McNatt
The site of Scripps Ranch Technology Park is now active with workers preparing the ground. After years of inactivity at the empty lot adjacent to Hoyt Park, ground was broken this summer on the project’s first two-story building, part of a 55-acre technology and life science complex.
The new structures will be located between Scripps Ranch Boulevard and Hoyt Park Drive.
Murphy Development, which owns the property, is partnering with Alexandria Real Estate Equities (ARE) for this first build-to-suit parcel.
Murphy Development Company bought the property in 2014 from Intel, the Santa-Clara based semiconductor company. The purchase consisted of five lots of undeveloped land. The concept is to offer a state-of-the-art technology complex that blends with the existing natural setting of the park, nearby wooded areas and Evan’s Pond. When complete, the entire technology campus will include four office buildings, three parking structures and outdoor space for biking, fitness and sports.
Scripps Ranch Technology Park will include an estimated 1,000,000 in square footage with state-of-the-art LEED certified buildings. With the changing public health orders and social distancing protocols, the technology complex will offer indoor and outdoor collaborative work areas to accommodate employees throughout the day. The complex will also include 24-acres of hiking trails and open space for public use.
“Lab and tech are really exploding,” said Erinn Leonhardt of Murphy Development, adding that this business sector is moving to other areas of San Diego County, aside from Torrey Pines and Sorrento Valley.
The technology park’s aim is to attract strong companies looking to move their corporate headquarters or research and development division to the area.
“This project will benefit the community and bring high-paying jobs to Scripps Ranch,” Leonhardt said.
Murphy Development has been in operation since 1984 and is located in Otay Mesa. Leonhardt explained that new commercial projects typically involve intense planning with landscaping, in addition to the four walls of the buildings.
With the Scripps Ranch Technology Park, “the setting is beautiful naturally,” Leonhardt said. “It is one of one.”
The first building in this 55-acre park is expected to be completed in June 2022.