Sunset Development has chosen Lennar to serve as the homebuilder for Canopy, a planned 27-acre residential neighborhood on the BR8 office building site at Bishop Ranch in San Ramon. The selection advances the broader repositioning of this part of Bishop Ranch from a single office asset toward a mixed-use setting anchored by new housing.
Lennar has closed on 25 acres within the larger Canopy site. Sunset Development is retaining ownership of the remaining two acres, which are designated for a future affordable multi-housing component. The structure and timing of that affordable phase were not detailed, but its reservation within the master plan signals an intention to integrate income-restricted housing alongside the for-sale residences.
The redevelopment requires the removal of the existing BR8 office building before new construction can begin. Demolition of the BR8 structure, along with the start of vertical construction on the residential neighborhood, is expected to occur in the mid-to-late 2027 timeframe. No additional schedule details, phasing information, or construction milestones were provided.
Within Canopy, Lennar plans to deliver 255 detached single-family homes, with designs ranging from two to three stories. The plan calls for a height transition across the site, with three-story homes concentrated along the western edge of the neighborhood. Moving east, the scale steps down to two-story homes that will border Summerhill’s City Village, creating a lower-rise edge where the two residential communities meet.
Alex Mehran Jr., president and CEO of Sunset Development Company, said that getting the residential component right is central to the company’s ambition to create what he described as a leading suburban downtown. He noted that Lennar’s experience and scale were key factors in the selection and expressed an expectation that Canopy will become an important element of Bishop Ranch’s ongoing evolution.
The announcement did not include project cost, financing structure, or detailed design specifications, but it underscores the continued shift of the former BR8 office site toward a housing-focused use within the Bishop Ranch master-planned environment.
