Eden Housing and Sunset Development want to build 200 affordable apartments at Bishop Ranch in San Ramon.
The two companies have moved forward with plans to build an 80-unit, five-story complex for seniors and a 120-unit, six-story complex for families at 2453 Camino Ramon, SFYimby Angeles and the San Francisco Business Times reported.
They would replace 10,000 square feet of offices at the half-century-old office park owned by locally based landlord Sunset, redeveloping it into a $5 billion retail village.
Plans by Eden Housing, the Hayward-based affordable housing developer, call for a two-phase project beginning with the affordable senior complex on 2.2 acres on Camino Ramon, between Norris Canyon Road and Executive Parkway.
The developer would employ a state density bonus to permit a larger project than zoning rules allow in exchange for affordable apartments leased to households earning between 30 percent and 60 percent of area median income.
The white and brown apartments, designed by Steinberg Hart, would be clad in stucco and wood-like panels and have large corner windows and floor-to-ceiling glass on the ground floor.
Housing a combined 200 apartments, the two buildings would comprise 63 studio, 75 one-bedroom, 32 two-bedroom and 30 three-bedroom units. Both buildings would include an apartment for a property manager.
The 126,500-square-foot complex, divided by a park, would have an above-ground parking garage beneath the apartments for 160 cars and 16 bicycles.
It would be built near City Village by SummerHill Homes, a 404-unit townhouse development being built across the street by the homebuilding arm of Calabasas-based Marcus & Millichap.
Cost and timeline for the Eden Housing development were not disclosed.
Sunset, owned by the Mehran family, wants to redevelop the 585-acre office campus at Bishop Ranch into a retail village with up to 10,000 homes.
The developer’s CityWalk Master Plan, approved in 2020, would redevelop 135 acres with up to 4,500 apartments, a 169-room hotel and 170,000 square feet of shops and restaurants, plus parking. The plan includes three distinct neighborhoods.
Sunset, led by Alex Mehran Jr., also plans to build another 2,600 homes at the former Chevron headquarters at 6001 Bollinger Canyon Road, along with 125,000 square feet of open-air shops and restaurants and a 2.5-acre park.
Sunset, which sold Chevron the land for its East Bay headquarters in 1981, bought it back in September 2022 for $174.5 million.
Eden Housing, founded in 1984, has bought or developed nearly 12,000 affordable units across the state, according to its website.
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