News Summary
IHP Capital Partners and The Grupe Co. have officially announced the Aria townhome development in San Ramon, California. The project will include 57 for-sale townhomes, with construction set to begin in late 2025. With a mix of market-rate and affordable units, Aria aims to meet the increasing housing demand in the area. The development, featuring modern three- and four-floor designs, highlights a commitment to enhancing local infrastructure and supporting the growing community.
San Ramon Announces New Townhome Development
IHP Capital Partners, a company based in Newport Beach, has partnered with The Grupe Co. from Stockton to acquire a 2.5-acre unimproved parcel in San Ramon, Northern California. This joint venture has launched a new residential project named “Aria,” which will feature a total of 57 for-sale townhomes aimed at addressing the growing housing demand in the area.
The acquisition marks the first collaboration between IHP Capital Partners and Homes Built for America, indicating a significant investment in local development. The land, which was purchased from The True Life Cos, is located on Deerwood Road, providing a strategic site for the upcoming residential project.
Construction Timeline
Construction for the Aria townhome development is projected to commence by the end of the fourth quarter of 2025. Sales for the new townhomes are expected to begin in the first quarter of 2026, with completion anticipated by the second quarter of 2027. The timeline suggests that buyers will have the opportunity to invest in new housing within a couple of years, contributing to the ongoing growth of San Ramon.
Townhome Specifications
The Aria development will consist of three- and four-floor townhomes, ranging from 1,500 to 2,000 square feet. The design of the townhomes was created by R3 Studios, focusing on modern aesthetics and functional living spaces. This residential project includes a mix of housing types, featuring 48 market-rate townhomes alongside nine affordable housing units, thus providing accessible housing options to a diverse community.
Pricing Information
Details regarding the pricing for these townhomes have not yet been disclosed. However, this information will likely be forthcoming as the project progresses toward its expected sales start date. The combination of market-rate and affordable units aims to attract a wide range of potential homeowners.
Context and Importance
The development of Aria is particularly significant as San Ramon continues to experience an increase in population and demand for housing. With its proximity to job centers, schools, and public amenities, the new townhome project is positioned to meet the needs of families and individuals looking to reside in a growing community. The collaboration between IHP Capital Partners and The Grupe Co. highlights a commitment to enhancing local infrastructure and supporting the housing market.
In conclusion, with the construction set to begin in late 2025, the Aria townhome development aims to contribute to San Ramon’s housing landscape by offering new, modern living spaces that cater to a diverse demographic. As the project progresses and pricing details emerge, it will be monitored closely by potential buyers and community members alike.
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HERE Resources
Additional Resources
- SF YIMBY: Meeting Tonight for 500 Bollinger Canyon Lane, San Ramon
- Wikipedia: San Ramon, California
- Danville San Ramon: San Ramon City Council to Discuss Planning Year in Review
- Google Search: San Ramon housing development
- The Real Deal: San Ramon’s Bishop Ranch Offices to Become Apartments
- Encyclopedia Britannica: Urban Planning
- San Jose Spotlight: Cupertino Retail Space to Become Townhomes
- Google News: San Ramon real estate
Author: STAFF HERE COSTA MESA WRITER
COSTA MESA STAFF WRITER The COSTA MESA STAFF WRITER represents the experienced team at HERECostaMesa.com, your go-to source for actionable local news and information in Costa Mesa, Orange County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the OC Fair, Concerts in the Park, and Fish Fry. Our coverage extends to key organizations like the Costa Mesa Chamber of Commerce and Boys & Girls Clubs of Central Orange Coast, plus leading businesses in retail, fashion, and technology that power the local economy such as Vans, Experian, and South Coast Plaza. As part of the broader HERE network, including HEREAnaheim.com, HEREBeverlyHills.com, HERECoronado.com, HEREHollywood.com, HEREHuntingtonBeach.com, HERELongBeach.com, HERELosAngeles.com, HEREMissionViejo.com, HERESanDiego.com, and HERESantaAna.com, we provide comprehensive, credible insights into California's dynamic landscape.
