Thursday, December 29, 2005

Phase 1 of Vallejo Project is Residential

Phase 1 of Vallejo Project is Residential

Triad Communities, one of the West's leading urban and master-planned community developers, recently announced that D.R. Horton, America's largest homebuilder, will construct hundreds of residential units in the first phase of Triad's downtown Vallejo revitalization effort.

The project, received municipal approvals in September and is expected to transform Vallejo's central core into a vibrant economic, cultural and social center.

"D.R. Horton's decades of experience in creating exceptional new home communities will be an integral component of our efforts in downtown Vallejo," said Fred Grimm, Triad Communities president. "As a homebuilder, D.R. Horton has an outstanding track record in developing a very creative mix of housing in urban areas. We're looking forward to a strong partnership that will result in a unique and refreshing downtown that reflects both Vallejo's historical legacy and its exciting future."

Triad Communities has designed a stimulating live-work environment for downtown Vallejo that integrates sidewalk-level retail with residential units above. The first building on Virginia Street consisting of residential, live-work and retail construction, is expected to begin in April.

The six-story structure features ample underground parking, European style public paseos and gardens, with distinctive architecture that respects the history of Vallejo's former downtown fabric. The first building will consist of approximately 150 condominiums featuring a variety of desirable amenities, such as a paseo, balconies and water views.

Through Triad Downtown Vallejo LLC, the developer's plans cover 12 square blocks of the city, an area bounded by Sonoma Boulevard and Maine, Santa Clara and Capitol streets. An example of classic "mixed-use" development, downtown Vallejo will feature three distinct, yet ultimately intertwined, districts:

• Residential, retail and specialty

• Civic and transit

• Arts and entertainment

Each districts will be within walking distance of each other, ensuring a pedestrian-friendly environment for residents and visitors alike.

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