Wednesday, April 04, 2007

Nut Tree Gets Condo Developer

Nut Tree Gets Condo Developer
By Jennifer Gentile/Staff Writer

A Pleasant Hill developer is taking the lead on the residential portion of Vacaville's Nut Tree development, company officials confirmed Tuesday.
Brad LaRue, of lead project developer Snell and Co., spoke of a partnership with Delco as early as last month. Delco's role is now official, and LaRue praised the company's "great reputation."

"They have done a lot of quality projects," LaRue said. "We really felt they have a premium product and offer premium amenities and services." The company's Web site mentions numerous projects in cities like Walnut Creek, Petaluma and Fremont to name a few.

"This is Delco's first project in Solano County and in Vacaville in particular," said Rick Rosenbaum, Delco's vice president of sales and marketing. "We appreciate the cultural and historic significance of the Nut Tree, and we are really excited to be involved in that."

La Rue explained that Delco has submitted an application to the city to build 145 townhomes on a 10-acre parcel in the northwest part of the development. All will be two or three stories and range from 1,600 to 2,300 square feet.

About 60 of the largest townhomes will be patio units, according to LaRue, ranging from 2,000 to 2,300 square feet. The patios will be situated on the side of the home, which LaRue said is a newer style, and these units will also have private side yards. Residents can expect price tags in the high $400,000s to the low $500,000s. The construction would be completed in two phases, starting this fall, and Rosenbaum said he is hoping the first residents could move in by mid- to late-2008.

Jennifer Gentile can be reached at vacaville@thereporter.com.

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