Sunset Adds More Housing to Bishop Ranch
San Ramon planners approve campus near 300K SF retail complex.
The decade-long transformation of Sunset Development’s massive Bishop Ranch corporate business park into a $5B mixed-use community to another step forward with the approval by the San Ramon Planning Commission of an apartment complex.
Sunset tapped AvalonBay Communities to develop the project, two buildings encompassing 457 units at 6200 Bollinger Road. Construction is expected to begin in early 2026.
The buildings, five and seven stories high, will be connected through a breezeway and are located across the street from Bishop Ranch’s 300K SF retail complex known as City Center, the San Francisco Business Times reported.
The parcel, about six acres, is vacant, in proximity to a proposed hotel project. The campus will include a parking garage with space for 640 vehicles.
Sunset is planning to build up to 3,000 homes in a mixed-development at the 92-acre site of the former Chevron headquarters in San Ramon, which it purchased in October. The plans include 97K SF of retail, a 2.5-acre park, a transit center as well as a public plaza.
Last fall, Chevron sold its 92-acre, 1.3M SF headquarters in San Ramon for $175M to Sunset, the firm it acquired the property from in the early 1980s.
Sunset owns the massive Bishop Ranch master-planned development encompassing the Chevron site. In 2023, Chevron downsized into a 400K SF office building in San Ramon and moved several hundred employees from California to Houston.
Chevron began as the Pacific Coast Oil Co. in 1879 in San Francisco. The company’s HQ was on Market Street until it was relocated to the San Ramon HQ in 2001. The company also has a refinery in Richmond in the East Bay.
Sunset Development purchased the 585-acre Bishop Ranch site, a former peach orchard adjacent to Interstate 680, in 1978 and developed it into a 10M SF office park with more than 500 corporate clients.
In 2018, the company began to introduce mixed-use elements at Bishop Ranch, beginning with the $300M City Center, which includes retail and restaurants. The 25-year master plan for Bishop Ranch also includes the development of up to 6,000 housing units.
In 2022, Sunset announced the $108M sale of a 31-acre parcel at Bishop Ranch to Summerhill Homes, which planned to develop three residential neighborhoods including 404 single-family units and townhomes.