The Town of Danville's Planning Commission recently approved a development agreement to extend the timeline for Elworthy Ranch, the site for a proposed residential housing development which is located south of San Ramon Valley Boulevard and Sycamore Valley Road. The Town Council would review and possibly approve the extension at the May 4 meeting.
The slow housing market is the reason behind the extension, according to reports, and the change would allow the previously-approved project three more years (2015 to 2018) to build. Previously, the plans would have been good through 2015.
Town Manager Joe Calabrigo said the project had been "hailed as a positive solution to the development of the site, which had been owned by the same family for many years."
In addition, he said more than 95 percent of the 459-acre site was set aside for either permanent or private open space due to geotechnical concerns and the high visibility of the site. Plans for the development include 84 single-family homes and 12 multiple-family apartment units on 12 acres.
"Development in Danville has been tapering off over the past 3 to 5 years," Calabrigo said, "as the Town is close to the build out population called for in our General Plan."
The General Plan Update process is set to begin with a joint study session of the Town Council and Planning Commission following the regular council meeting April 20.