Trumark Announces Opening of Community Kindred House at Wallis Ranch in Dublin, CA

September 30, 2016

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Trumark Announces Opening of Community Kindred House at Wallis Ranch in Dublin, CA

Resort-style central gathering space features dedicated areas for relaxation, fitness, meetings, dining and entertainment

 DUBLIN, Calif. (September 30, 2016) – On the heels of the official Grand Opening at Wallis Ranch this past weekend, Trumark Communities has revealed a first glimpse of the Kindred House, Dublin’s first resort-inspired community gathering place at the 806-home master planned community. Centrally located to all eight neighborhoods within Wallis Ranch, the Kindred House boasts more than 17,000 square feet of indoor/outdoor amenity spaces dedicated to relaxation, fitness, meetings, dining and entertainment.

“We’re seeing a trend of residential communities incorporating more communal spaces to encourage interaction between residents, and Wallis Ranch is no exception,” said Peter Kiesecker, Chief Operating Officer of Trumark Communities. “We wanted to create a place for our residents to form connections with their neighbors and make memories with their families while enjoying the robust collection of amenities designed to create a tranquil enclave for their active lifestyles.”

Working with California-based interior design firm CDC Designs, Mark Higgins, Senior Vice President, Sales & Marketing for Trumark led the interior design for the Kindred House based on cues from the local Napa and Sonoma modern farmhouse wineries and inspired by the distinct charm of the local countryside including barns, silos and ranchers’ cottages. “Our team spent countless hours visiting wineries, hotels and other attractions throughout Northern California to refine our design vision for the Kindred House. We are confident that the Kindred House is completely unique in its style and offerings,” stated Mr. Higgins.

The family room lounge space is sheltered by an exposed rough sawn open truss beam ceiling providing a dramatic element that is symbolic of a contemporary farmhouse design. The grand open-air pavilion boasts all-weather woven country farmhouse seating, a gourmet catering kitchen and bar area with big screen TVs. Lending to the rustic and modern mix, sandblasted concrete flooring is juxtaposed with rustic flagstone pavers, and tonal natural ledgestone accents are appointed throughout. The indoor space flows freely onto the outdoor Alpha Omega Terrace framed by Tivoli Lighting strung between canopy trees, serene water fountains, fire pits and additional seating areas. The three-acre common area, designed by landscape architect Gates Associates, will also offer a fitness center, outdoor yoga patio, tot lot, 75-foot swimming pool, oversized spa and BBQ area, all surrounded by more than one mile of trail systems.

“The interior design aesthetic is rustic and relaxed, yet stylish and comfortable inspiring resort-style living,” said Selena Rodriguez, Project Designer at CDC Designs. “We blended the boundaries between indoor and outdoor spaces letting residents utilize and enjoy all of the spaces in an unrestricted setting.”

A spacious event lawn will host residents for concert and movie nights, and adjacent to that will be a garden where a full-time farmer will raise seasonal fruits, vegetables and herbs made available to the community at a nearby produce stand. Anchoring the entire community, an imported Heritage Oak Tree will stand tall serving as a focal point.

Trumark Communities recently dedicated 10 acres of land for the City of Dublin to build public parks at the entrance to Wallis Ranch. Paying homage to the region’s history and natural landscape, Garrett Hinds, Director of Architecture for Trumark, enlisted local artist Eric Powell to create four artistic elements found throughout Wallis Ranch, including the three sets of metal gates leading into Wallis Ranch representing the grass, land and hills of the original site; metal benches placed along the trail; decorative panels representative of the tools originally found on property before construction began which can be seen at the community’s entrance on the Antone Pavilion – a tribute to the original 1912 Antone Schoolhouse on the site; and an interactive sculpture in the public mark resembling the old relics found onsite.

Wallis Ranch will consist of 806 single-family detached homes, townhomes and executive homes in eight distinct neighborhoods: Riverton by KB Home, Fielding by Trumark Homes, Trestle and Driftsong by Warmington Residential, Citron by Pulte Homes, Barnwell by D.R. Horton, Bridgecroft by Emerald Homes and Ivy Oak by Taylor Morrison. Seven neighborhoods are currently offering homes for sale and many builders have model homes open for viewing. For more information, visit www.wallisranch.com.

About Wallis Ranch

The 184-acre Wallis Ranch master planned development includes eight distinct neighborhoods featuring single-family detached homes, townhomes and executive homes ranging from 1,700 to 4,100 square feet. Upon full buildout, Wallis Ranch will deliver 806 new homes within eight neighborhoods to a region that has seen a significant boost in housing demand as a result of the thriving San Francisco Bay market located less than 40 miles away. Master planner Trumark Communities has dedicated more than half of the master plan’s acreage to green space programing, including parks, open space and a water-quality basin to create a tranquil enclave that appeals to Bay Area residents’ active lifestyles. Wallis Ranch will also include a three-acre common area featuring a fitness center, pool, spa and BBQ area, surrounded by more than one mile of trail systems. With the California drought top of mind, Trumark will incorporate drought tolerant landscaping that will use all reclaimed water throughout the community. www.wallisranch.com.

About Trumark Communities

Trumark Communities is a residential land development platform focused on acquiring, developing and selling improved lots in master planned communities. Its current pipeline includes 1,500+ lots representing total projected revenue in excess of $300 million. Trumark Communities realized lot sales to builders of over $200 million in 2015. www.trumarkcommunities.com

San Francisco Business Times: “Exclusive: $1 billion East Bay housing project opens first homes, 800 planned”

September 26, 2016

San Francisco Business Times: “Exclusive: $1 billion East Bay housing project opens first homes, 800 planned”

Posted on September 26, 2016

Trumark Communities’ Wallis Ranch development in Dublin has opened its first phase and expects its first sales to close this week, with total home sales projected to hit $1 billion.

The 806-unit project transforms a 184-acre site with new infrastructure and a mix of townhomes and single-famly detached buildings, ranging from two to six bedrooms.

One of the model homes in Trumark Communities' Fielding project, which is one of the eight communities in the Wallis Ranch redevelopment in Dublin. Homes range from 1,809 to 2,685 square feet, and three to five bedrooms.

One of the model homes in Trumark Communities’ Fielding project, which is one of the eight communities in Wallis Ranch development in Dublin. Homes range from 1,809 to 2,685 square feet, and three to five bedrooms. 

Trumark Communities, along with investment partners Isles Ranch Partners LLC and Castlelake LP, have divided the site into eight neighborhoods and sold seven of the sections to different homebuilders. Homes range from 1,900 square feet to 4,300 square feet, while prices range from the high $700,000s to $1.5 million, said Peter Kiesecker, chief operating officer of Trumark Communities.

“We really like in our communities to provide diversity” of home type, he said.

The project is another major source of new housing in Dublin, which has outpaced most of its neighbors with 2,644 units completed between 2007 and 2014, or 79 percent of its housing needs, according to the Association of Bay Area Governments. Separately, Brookfield Residential (NYSE: BAM), CalAtlantic Homes and the California State Teachers’ Retirement System is working on a 1,995-unit redevelopment of the former U.S. army facility at Camps Park.

Trumark and its partners bought the Wallis Ranch site from Fallong Real Estate Investors and Charter Properties in 2014 and invested $250 million in infrastructure including new roads, water lines and a 17,000-square-foot amenity center called Kindred House, which has a dining area, fitness center and pool. The developer calls the center, at 4201 Wallis Ranch Drive, a “resort-inspired community gathering place.”

About 25 to 30 homes will open in the next two months, said Kiesecker. The rest will be built as they are sold, and he expects the entire project to be complete in three years. Trumark Communities is building one of the project’s eight neighborhoods. Other homebuilders include Warmington Residential, PulteGroup Inc. (NYSE: PHM), Taylor Morrison Home Corp. (NYSE: TMHC), KB Home (NYSE: KBH) and D.R. Horton, Inc. (NYSE: DHI), along with its Emerald Homes division.

Trumark has also dedicated about 10 acres on the site to the city of Dublin to build a public park. The site includes over 3.5 miles of trails, said Kiesecker. The entrance of the property will have a bus stop that goes to the Dublin-Pleasanton BART station.

Architects KTGY, Dahlin Group and Gates & Associates were the master plan architects. Teichert Construction was the general contractor focusing on infrastructure. Interior design firm CDC Designs designed the amenity center.

During the project’s open house this weekend, about 70 percent of potential buyers were from Dublin and the surrounding area, while 30 percent were from the South Bay, said Kiesecker.

Regardless of home size, all owners will pay monthly homeowner fees of $185 and will have access to the amenity space. “One thing I like about our community is all our homeowners pay the same,” said Kiesecker.

The project doesn’t have any below-market-rate units and paid in lieu fees to the city of Dublin for affordable housing.

Trumark Communities is also working on a 492-unit master plan in Manteca, California, where it plans to start construction this winter. Trumark’s multifamily development arm, Trumark Urban, is one of San Francisco’s most active condo developers, and is currently marketing the Pacific, one of the city’s priciest new developments.