Walnut Creek, CA

Marriott Residence Inn – Walnut Creek, CA

FPG’s latest venture is in The City of Walnut Creek. Walnut Creek is located in Contra Costa County, California, in the eastern region of the San Francisco Bay Area. The city is situated 24 miles east of San Francisco and 16 miles east of Oakland. Highways servicing the city include Interstate I-680, and California State Highways 24 and 242. The intersecting of these highways is what makes Walnut Creek a hub for neighboring cities, and an ideal location for new development. This site is located within walking distance of the BART station, which services San Francisco, Oakland and the airports, as well as several bus lines and within walking distance of the largest office building complexes in the city. Walnut Creek is home to the nationally recognized premier health provider, John Muir Medical Center, among many other top companies that generate much demand.
Many issued are being overcome throughout the entitlement process. To obtain the required final approvals FPG Development Group is working diligently on:

  • General plan amendment
  • Changes to FAR
  • Changes to height
  • Design Review
  • Signage

Summary:

  • Marriott Residence Inn
  • Rooms: 160
  • Stories: 6
  • Total Acres: 1.1 Acres
  • Time to Develop: In Entitlement Phase

Demand Drivers:

  • Headquartered in Walnut Creek:
    • John Muir Health with over 7,000 employees
    • Fresenius USA, Inc. with over 1,600 employees
    • CA State Automobile Association Insurance Bureau with over 2,200 employees.
  • Located within walking distance to public transportation.
  • Located within walking distance to the largest office complex in the city.
  • Highway access to both Interstate I-680, and California State Highways 24 and 242