PACE Engineering, the first company to break ground in Stillwater Business Park, is getting neighbors.
Electric Innovations and Maas Energy Works, both Redding firms, recently closed escrow on 15 acres in Stillwater Business Park, paying $620,000 for the property, City Manager Barry Tippin said.
And there could be more new neighbors at the business park.
On Tuesday, the Redding City Council expects to give Tippin the OK to negotiate a purchase and sale agreement with T&S DVBE Inc., of Anderson, on two lots in Stillwater Business Park.
It’s the latest in what has been, amid the pandemic, a relative flurry of interest in the business park. Stillwater sat empty for a decade until PACE Engineering started construction on its new headquarters there last summer.