"The housing development is another vital component of the emerging vision of Bishop Ranch as San Ramon's urban core, a lively hub of office buildings, homes, shops, restaurants, entertainment centers, lodging sites and open spaces that has become a Bay Area destination community. We are trying to build a series of neighborhoods here at Bishop Ranch, Alex Mehran Jr., president of Sunset Development, said in an interview with this news organization."
"Development of the two-building residential hub, which will be known as Avalon San Ramon, is slated to begin before the end of this year. One building will be seven stories, and the other will be five stories. A breezeway will connect the buildings. AvalonBay is a prolific and great company, Mehran Jr. said. It is awesome to see AvalonBay connect with Bishop Ranch for this. AvalonBay is one of the nation's largest owners of apartment properties."
AvalonBay Communities purchased a 5.7-acre site in San Ramon for $30.5 million in an all-cash transaction near the corner of Bollinger Canyon Road and Camino Ramon. The company plans a two-building complex called Avalon San Ramon containing 456 apartments. One building will be seven stories and the other five, connected by a breezeway. Construction is slated to begin before the end of the year, with residents expected to start moving in around 2027. The project contributes to Bishop Ranch's development as San Ramon's urban core of offices, housing, retail, entertainment, lodging and open spaces. Sunset Development is the creator and principal owner of Bishop Ranch.
Read at www.mercurynews.com
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