San Francisco Business Times
From the article:
A developer plans to break ground in August on the Woodbury, a 56-unit condo project in downtown Lafayette that would be the first major housing development built in the city’s core since about 2000.
The project, at 3740 Mt. Diablo Blvd., could be the start of a building boom in the small East Bay city where developers have entitled more than 400 units in the downtown neighborhood. KB Home, another homebuilder, plans to start construction in a few months on a 69-unit development.
“Lafayette a very desirable core market with all the key ingredients we look for,” said Charles McKeag, regional vice president for New Home. Those ingredients include limited housing supply, good school district, proximity to jobs and transportation and an affluent population. “It’s a place consumers salivate over as a place to live.”