Stillwater Business Park Buildout and Venture Parkway
Redding
Summary
The council met privately with negotiators over the possible sale of Stillwater Business Park Lot 13 to 42 Real Estate, LLC. Selling park lots brings jobs and development to the business park, but price and terms remain confidential.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 15, 2026.
Impact analysis
Unknown — sale price and terms were negotiated in closed session.
Potentially the city and future employers at the business park if a sale is finalized.
Utility ratepayers if enterprise funds are used for the local match without full justification.
Mentions & discussions (2)
Redding City Council - Regular Meeting - Sep 15, 2026
Ten of sixteen Stillwater parcels are sold, encumbered, or in negotiation; six remain. An EDA grant will fund about 80% of a ~$10M Venture Parkway extension, with debate over whether ratepayer utility funds should help cover the match.
Redding City Council - Regular Meeting - Aug 4, 2026
The council met privately with negotiators over the possible sale of Stillwater Business Park Lot 13 to 42 Real Estate, LLC. Selling park lots brings jobs and development to the business park, but price and terms remain confidential.
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