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201 Waterman Rd
Ione, CA 95640

Preston School of Industry · Land For Sale · 80.00 AC

INVESTMENT HIGHLIGHTS

  • The State is interested in a Vision for Re-development

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Retail
  • Mixed Use
  • Multifamily
  • Single Family Development
Total Lot Size 80.00 AC

DESCRIPTION

Originally known as Preston School of Industry at Waterman, construction of the facility began in 1891 under Senator Edward M. Preston’s 1889 “Reform School Bill” which called for the establishment of two state reform schools. Preston opened in 1894 with just one building, a Richardsonian Romanesque administration building now known as “The Castle.” The old administration building was listed on the National Register of historic Places in 1975. Due to a declining number of youthful offenders committed to state facilities, Preston Youth Correctional Facility closed permanently in June 2011. Create an 80-acre campus or mixed use development, repurposing existing buildings, when economically viable, for a use or uses that will enhance the local community and local economy. The existing buildings and infrastructure require significant upgrades.

  • Listing ID: 14601972

  • Date on Market: 12/10/2018

  • Last Updated:

  • Address: 201 Waterman Rd, Ione, CA 95640