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Formerly a concrete block manufacturing facility, this 17 acre parcel located in Union City was developed with a combination of townhomes and single-family detached homes.
Situated in
a redevelopment area, the
property is surrounded by commerical, retail, and single
and multi-family residential. BART is within easy walking distance. See Best Block within Representative Projects.
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Changing Patterns: A Focus on In-fill Locations
Traditional patterns of development - typical suburban developments have been blamed for traffic congestion, overloaded services and infrastructure, local and regional fiscal problems, and loss of open space. These traditional patterns have generally resulted in urban sprawl. The Riding Company, having carefully studied the marketplace, the supply of available land, and the attitudes of the populace, has chosen to forego that traditional pattern of development to focus on in-fill
site locations.
This in-fill strategy is successful for several reasons. First, this strategy does not compound environmental and quality of life concerns associated with sprawl. Second, it concentrates development in close proximity to existing job centers where transportation to jobs is easier and the demand for housing is highest. Third, these high demand locations are more protected from the cyclical nature of the market thus producing more consistent returns for our investors, our partners and us.
To fully capitalize on in-fill opportunities, The Riding Company concentrates on both redevelopment and vacant land opportunities. We are uniquely experienced and qualified to convert industrial or commercial areas ripe for land use transitions to new uses such as residential or mixed use. Recent use conversion opportunities in these areas have increased dramatically due to corporate and economic restructuring, defense industry downsizing, globalization of labor and manufacturing, and
a regional exodus of lower-wage, lower-skill jobs from the in-fill areas. In-fill development has also
become more desirable to the marketplace due to changing public attitudes towards mixing compatible
land use types. |
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