Coldwell Banker-Doug Arnold Real Estate broke ground for its new office building Thursday evening near the corner of Second and D streets in downtown Davis.
Next to the Pence Gallery, the new building will cover just over 4,000 square feet with 15 offices, two conference rooms and a terrace on its second floor. The building will sit adjacent to Coldwell Banker’s current office, which the real estate firm — one of the largest in Yolo County — has occupied since the mid-1970s.
“We’re obviously excited that we have the ability to expand,” said Dave Taormino, Coldwell Banker president and co-owner. “I’m a firm believer that nice offices make for more productive employees. And with our new building, I hope that our agents will be better able to maximize the time and energy they spend with our clients.”
The new office will have solar panels installed on its roof, which Taormino said will help to generate power for both buildings. Additionally, the building will include two rooms that will function as theaters where clients can view video of property listings before touring homes, which Taormino said “will make the entire process of purchasing a home more efficient for both Realtors and clients.”
Byron McLaughlin, the architect who has been in charge of planning the building since 2010, said aesthetically, the new office will be built to “blend into the rest of downtown Davis.”
According to contractor Carl Lysgaard, construction will take an estimated five months. Work is scheduled to begin next week.