Located in Walnut Creek, Calif., the $130-million Viamonte senior complex meets several ambitious—and sometimes conflicting—goals at once: a small community fitting seamlessly into a larger mixed-use development; condos designed for independent living that also allow for assisted care; and an enclosed courtyard built around an existing 500-year-old oak tree.
Space was at a premium for this 89-unit, transit-oriented development because its foundation occupies the entire 33,381-sq-ft lot. But the constraints didn’t end there.
As the COVID-19 pandemic recedes in the U.S. and restrictions on work and other interactions are lifted, the construction sector’s rebound is underway, with some markets bouncing back faster than others, analysts say.