San Ramon Getting Closer to New Downtown Development

As reported in the Sf Business Times, architect Renzo Piano will be part of the creative team designing Sunset Developments mixed-use retail project that will be the epicenter of San Ramon. The downtown project is being called City Center.

Sunset Development is a visionary, their plans to create a downtown destination with top-notch shopping, dining, and entertainment has been in the works for over a decade. When the economy took a hit the plans went on hold but were never shelved. It is no surprise the project is full steam ahead given the success new developments such as Fallon Gateway in Dublin (Phase I sold out and phase II well on its way to selling out). Not to mention, San Ramon grew by leaps and bounds pre-recession, with very little supporting retail. San Ramon stands as the first community within the Tri-Valley to see vacancy rates of the office park drop to single digits. Pleasanton’s Hacienda Business Park is still working to achieve these types of numbers.

“Plans for City Center call for retail, housing and hotel. Piano will design the first phase comprised of 350,000 square feet of retail including a movie theater, restaurants, and shops.” SF Biz Times, Blanca Torres.

Renzo Piano is known world wide for his excellence in design. He was the force behind the California Academy of Sciences in San Francisco. City Center goes before Planning Commission in mid-June with a first phase expected opening date in 2016.

Click here for Biz Times article

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About thestorefront

Commercial Real Estate Broker in the San Francisco Bay Area specializing in retail sales and leasing.

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