The Technology Park at Cal Poly has the green light. The first building is expected to be ready for occupation in 2010. The hope is that companies will lease the space and to innovative companies who will hire students. If the first building is fully leased, additional buildings will be built.
Here is the Letter of Intent and presentation of the Technology Park
They are looking for 2-10 year leases and the rent looks pretty attractive.
I give a standing ovation to Cal Poly and the Cal State University System for approving this project. If the park is successful, it will benefit the Central Coast in many ways.