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Housing Developer Flips Large Suburban San Francisco Parcel, Backing Off Mixed-Use Plans

SunCal, MSD Capital Offload Livermore Acreage Mere Weeks After $45 Million Acquisition
SunCal and its partner sold land recently acquired in Livermore, California, pulling out of plans to redevelop it into a mixed-use project intended to anchor the city's growth. (City of Livermore)
SunCal and its partner sold land recently acquired in Livermore, California, pulling out of plans to redevelop it into a mixed-use project intended to anchor the city's growth. (City of Livermore)
CoStar News
April 12, 2022 | 7:47 P.M.

Housing developer SunCal has offloaded a chunk of suburban San Francisco land, walking away with nearly $30 million and forgoing a chance to redevelop the site into a hub intended to anchor the region's anticipated growth.

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