SAN RAMON — Lennar Homes struck a deal to develop hundreds of homes within the Bishop Ranch mixed-use neighborhood in San Ramon.
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The residential real estate firm will develop 25 acres on a 27-acre site. Sunset Development, principal owner and developer of Bishop Ranch, would retain two acres.
The new residential development will be called Canopy and consist of 255 single-family homes near the corner of Executive Parkway and Bishop Drive, just east of Interstate 680.
“Building the best suburban downtown in America means getting the residential experience right,” said Alex Mehran Jr., president of Sunset Development. “Canopy advances that vision with 255 homes thoughtfully integrated into the broader Bishop Ranch neighborhood, which is steps from parks, trails and the amenities that define this community.”
Three existing office buildings known as BR8 would be bulldozed for the development, executives said.
Canopy will include a five-block linear park in its center, along with a community pool, clubhouse, children’s play area, and dog-oriented sites.
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The Bishop Ranch mixed-use district has evolved from its initial role as an office park to what now can be considered San Ramon’s downtown.
The 585-acre neighborhood contains 5 million square feet of office space, including 250,000 square feet of medical offices where John Muir Health has been expanding. It has 1 million square feet of retail, restaurant, and entertainment spaces and hundreds of hotel rooms.
With a shift toward housing, developers are planning to build 8,000 residences, including condominiums, row houses, and apartments – all in several distinct communities.
“We look forward to seeing Canopy become a vital part of what Bishop Ranch is becoming,” Mehran said. “Lennar brings the experience and scale to deliver that.”
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