FREMONT, CA—Lennar Corporation is reportedly planning to buy more than 100 acres near the Tesla Motors factory, and the soon-be-open Warm Springs / South Fremont Bart Station.
The San Francisco Business Times reports that Lennar is in escrow to buy property from Union Pacific Railroad. The business media site cited real estate industry sources in reporting the story.
The station is part of BART's Warm Springs Extension project , which will add 5.4-miles of new tracks from the existing Fremont Station south to the new station in the Warm Springs District of Fremont, with an optional station to be located approximately midway, in the Irvington District.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
