Also good news for those in the real estate and allied professions are the major high density apartment projects already approved by the City Council with more to come. These will bring several thousand renters to town, giving Realtors a captive audience for future home sales. Pleasanton Partners will build two-, three- and four-story buildings on part of the California Center's land with 305 apartments and two retail centers totaling 7,520 square feet at the Owens-Rosewood intersection. St. Anton Partners has approval to build a 168-unit, three- and four-story complex on West Las Positas Boulevard near Stoneridge Drive. BRE is expected to start construction of a series of four-story buildings with 600 apartments early next year in the Hacienda Business Park. Next Tuesday, E.S. Ring will take its bid to build an upscale, all-rental apartment complex at Bernal Avenue and Stanley Boulevard to the City Council, where it is expected to be approved. That project also will include a retail center.
Ott also pointed out that the first families are now moving into the new Stoneridge Creek retirement community on Staples Ranch at the junction of El Charro Road and I-580, where several automobile dealers are looking at acreage there that is already zoned for car sales. An extension of Stoneridge Drive, which slices through Staples, will open in early October, providing easier access between Livermore and Pleasanton, including to Stoneridge Shopping Center and the Livermore Outlets, both owned by Simon Corp. Simon, Ott reported, just gained an extension from Pleasanton's City Council for a 340,000-square-foot expansion of its mall. New homes, apartments, stores and commercial buildings are also part of plans being considered by the East Pleasanton Specific Plan Task Force that will bring more opportunities for Realtors.
When Realtors asked how they can stay informed and also contribute to Pleasanton's growth and planning processes, Ott encouraged them to sign up to serve on some of the multitude of committees, task forces and commissions that are involved in the planning process. Openings currently exist for service on the city's Committee on Energy & the Environment and the Economic Vitality Committee, which Ott heads. Those interested can contact City Clerk Karen Diaz at www.cityofpleasanton.gov/.
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