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INVESTMENT HIGHLIGHTS
- Shovel ready 71 unit for sale project in the highly affluent submarket of Lafayette
- Larger units specifically designed as condominiums plus 6 coveted townhomes
- Walking distance to everything - Whole Foods & Safeway, restaurants, retail, BART
- The Owner has completed demolition of prior structure and paid for a significant portion of A&E, permits & fees to the City
EXECUTIVE SUMMARY
ACARA is pleased to present this unique opportunity to acquire a shovel ready development site in the heart of Downtown Lafayette. This 4 story project, designed specifically as a for sale product by Levy Design Partners, includes 6 townhomes, 65 condominium units, an underground vehicular parking garage with 86 parking spaces and 70 bike spaces, and a new public plaza and parklette.
The current Owner has completed all entitlement work and obtained permit approvals, recently completed demolition of the prior structure and has paid for a significant portion of A&E, permits and fees to the City. Construction is Type V-A over Type 1-A podium. There will be 10 Below Market Rate (BMR) units with units at low and 6 units at very low income levels.
The current Owner has completed all entitlement work and obtained permit approvals, recently completed demolition of the prior structure and has paid for a significant portion of A&E, permits and fees to the City. Construction is Type V-A over Type 1-A podium. There will be 10 Below Market Rate (BMR) units with units at low and 6 units at very low income levels.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.47 AC |
| Property Type | Land | ||
| Zoning | C-1 - General Commercial | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.47 AC |
| Zoning | C-1 - General Commercial |
1 LOT AVAILABLE
Lot
| Lot Size | 1.47 AC |
| Lot Size | 1.47 AC |
Flat, gently down sloping vacant lot.
1 1
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (72)
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3483 Golden Gate Way - 3483-91 Golden Gate Way
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