Transactions - SEPTEMBER 8, 2022

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Lennar, Trumark, Tri Pointe Homes and Lafferty Communities to build Bay Area’s first conservation community

by Released

Lennar, Trumark Homes, Tri Pointe Homes and Lafferty Communities have been selected to build the first five neighborhoods in Lagoon Valley, located just off Highway 80, between the San Francisco Bay Area and Sacramento.

The Bay Area's first environmentally sustainable conservation community will provide homes a short walk from neighborhood shops, restaurants and workplaces in the 750,000-square-foot Ascend Business Village, all surrounded by expansive open space and recreational amenities. Over three-quarters of the land in the 2,400-acre specific plan is dedicated to open space, including a 400-acre public park, a 71-acre wetland preserve and 1,300 acres of accessible hiking and mountain biking trails. After 20 years in the design and planning phase, Lagoon Valley broke ground in June 2021 and anticipates sales to begin in mid-2023.

Lagoon Valley will include diverse green homes for a broad range of needs, committed to housing diversity, including low-income, age-qual

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