SAN RAMON — Bishop Ranch in San Ramon has launched a dramatic transformation from a San Ramon office park into a lively East Bay neighborhood and downtown hub.
That was a major takeaway from a presentation on Wednesday by Sunset Development, the principal owner and developer of , regarding the future of the commercial and residential hub, sketched out by the real estate firm’s top executive.
Bishop RanchFor decades, Bishop Ranch has been a successful suburban office park near the interchange of Interstate 680 and Bollinger Canyon Road in San Ramon.
Companies such as energy giant Chevron established their headquarters at Bishop Ranch and numerous others such as AT&T placed major regional office hubs in the business park.
The onset of the coronavirus and its economic side effects such as business lockdowns chased workers away from their offices. A return to the office has been uneven at best throughout the Bay Area.
The fast-changing circumstances prompted executives with Sunset Development to craft a fresh approach to Bishop Ranch to help the business hub navigate a brutal office market in the region.
The evolution, if successful, could enable Bishop Ranch to evolve into a true mixed-use neighborhood with office spaces, shops, restaurants, a hotel — and now, a burst of housing development.
The changes at the 585-acre Bishop Ranch have enabled the business hub, which contains 5 million square of offices, to add retail, dining and housing. These enhancements have transformed the business hub into San Ramon’s downtown.