Biz Buzz: Paso company is first to join Poly’s Technology Park

Cal Poly’s Technology Park has its first tenant: Paso Robles-based Applied Technologies Associates Inc.

With 30 locations worldwide, the company designs, builds and manufactures technology products for the oil industry. It will lease 3,000 square feet of laboratory space for its core software development team.

“We are extremely excited to have Applied Technologies join us as the first company in our new technology park,” said Jim Dunning, administrator of Cal Poly’s California Central Coast Research Partnership. The technology park is a project of the Research Partnership.

Tim Price, senior vice president of engineering for Applied Technologies, said in a prepared statement that the location of a satellite office at the park would allow the company to “tap into the energy and excitement of young engineers while providing them with real world learning opportunities.”

The Technology Park is located on the campus and is intended to be a home for firms that focus on applied research and development.

The first phase of the Technology Park is under construction and encompasses a 25,000-square-foot building off Mount Bishop Road. Construction is expected to be completed in late May.

While details about the second phase of the park are still being worked out, it would add another 25,000 square feet of space for companies, Dunning said.

“It’s conceptual,” he said. “We’ll see if there’s demand for this one and take it from there.”

The project is negotiating with other firms — most of them local — that have expressed interest in moving into the park. But no formal commitments have been made, Dunning said.

— Julie Lynem