New San Ramon City Center To Be Delayed |
It appears that San Ramon's new City Center will not be completed as soon as expected - yet another vistim of the current financial crisis.
Plans for the office building property on the south side of Bollinger Canyon Road are underway and site preparation will begin next year. Alex Mehran, President of Sunset Development, said recently that the Civic Center portion of the project is waiting for credit markets to settle down before applying for public financing.
This news will certainly be viewed with mixed feelings by San Ramon residents, many of whom opposed the development in the first place although a majority (including me) appear to support it.
Hopefully plans can get back on track some time next year when the financial crisis starts to ease.
