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San Ramon LogoSan Ramon City Center Update title line

July 2009


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Economic Decline Forces Delay San Ramon City Center Project

The development of the City Center has been delayed due to the steep economic decline in both the housing and retail industry.  The project is fully approved and ready to move forward when economic conditions and the credit markets which supply funding for mixed use projects improve.

Planning and design for the project's infrastructure improvements are in progress.  Work on infrastructure improvements will begin in late 2009 or early 2010.  Sunset Development may proceed to construct the first office building in 2010.

 The Plaza District will feature retail and dining opportunities, a public plaza, hotel, independent cinema and a mix of residential units.  The City Center project also includes a New City Hall, Library, Transit Center and new office development.  In total the City Center project consists of approximately two (2) million square feet on over forty (40) acres.

"Developing a City Center has been a dream for more than 20 years and dates back to the City's incorporation in 1983," said Herb Moniz, City Manager of the City of San Ramon. "The City Council is very excited about the prospect of creating a City Center that meets our economic development goals and provides a dynamic gathering place for the entire community of San Ramon."

"We are especially pleased that the San Ramon City Center project, so long in the making, will come to life at Bishop Ranch," said Alex Mehran, president and CEO of Sunset Development Company.  "Sunset Development Company is proud to be part of this historic project that will enable the City to accomplish its planning objective of the creation of a city center, and will boost employment and economic development in San Ramon."

The City Center project is a true partnership between the City and Sunset Development.  This is a shinning example of how well the City works with the business community, and how the City actively works through partnerships to improve the quality of life in San Ramon.


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