EDA Annual Report 2013-2014

Real Estate Division

3,608 property

$ 50+ million in acquired real estate

470 managed leases

management requests

What We Do:

2013/2014 Accomplishments Include:

EDA’s Real Estate Division handles an array of full-service public real estate transactions for and throughout the County of Riverside. The Division pursues the acquisition and disposition of real property, which may include site analysis, environmental analysis, negotiations, contract formation, relocation, title, and escrow services. The Division is also responsible for managing the allocation of space to various Departments for County owned facilities which encompass approximately 10 million square feet of owned assets. The Real Estate Division also provides professional leasing, related lease administration and propertymanagement services. The Division manages a lease portfolio of approximately 5.5 million square feet of County leased space which includes the management of approximately 470 lease agreements. The Division supports a wide range of County services and need-driven projects, including the acquisition and leasing for Administration, Alternative Energy, Aviation, Conservation, Communication, Economic Development, Housing, Information Technology, Parks, Public Safety, Public Health and Transportation projects.

• Completed the acquisition of real estate valued at over $50 million. • Managed a lease portfolio of approximately 470 leases totaling over 5.5 million square feet of leased space. • Engaged in the elimination and wind-down of the former County of Riverside Redevelopment Agency (RDA) as well as the disposition and transfer of all RDA owned assets. • Coordinated the completion of 3,608 property management requests for service in County-occupied leased facilities. • Completed the right-of-way acquisitions for Transportation Department projects valued at over $5.7 million for Transportation Department projects including: Clay Street Grade Separation, Newport/I-215 Interchange, Jefferson/I-10 Interchange, Fred Waring Street Improvement, and numerous sidewalk and traffic signal improvement projects throughout the County. • Completed the acquisition of over 1,215 acres of land for the Regional Conservation Authority and for conservation open space and habitat purposes.

• Pursued the multiple relocations necessary to clear the project site for the new East County Detention Center (ECDC). The ECDC Project will provide 1,626 new detention beds to Eastern Riverside County with a total project budget of over $267 million. • Obtained Board approval for construction of the new 90,363 square foot County Law Building to be constructed on 5.6 acres at the corner of Highway 111 and Jackson Street in the City of Indio. This new $45 million office project, which is now under construction, will provide space for the District Attorney, Public Defender, County Counsel and Law Library in the East County Region. • Completed the acquisition of an existing 145,000 square foot office facility located in Downtown Riverside for use and consolidation of the Riverside County Information Technology Department. The new Riverside County Innovation Center will enhance services and operational efficiency for this important County function andDepartment.

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