A coveted slice of downtown Concord that is already teed up for roughly 230 apartments just hit the open market, giving developers an unusually clean shot at building near BART without years of political trench warfare. The roughly 2.3-acre cluster of parcels at Salvio Street and Willow Pass Road comes with entitlements and renderings in hand, setting it up as one of the fastest paths to new housing within walking distance of the Concord BART station.
What’s for Sale
Brokerage firm CBRE has bundled three contiguous parcels under the banner "Concord Village" and is pitching the site to both institutional players and hometown builders. The offering memorandum outlines a five-story, fully entitled apartment project and puts the property just a few blocks from downtown and major transit, according to the commercial listing on LoopNet. Local coverage points out that this kind of ready-to-build site has become especially rare in the Bay Area and notes the listing was first reported by the San Francisco Business Times.
Permits and Plans
On paper, most of the heavy lifting is already done. City filings show the project is entitled for a five-story, 372,069-square-foot building with 230 residential units, about 42,159 square feet of open space, and roughly 350 parking stalls, including EV charging, according to the City of Concord’s CEQA posting on CEQAnet. The Notice of Exemption lists the properties as 2400 Salvio Street and 2401 and 2471 Willow Pass Road, and notes that vehicles would access the site from Port Chicago Highway.
Why Developers Care
In a region where big infill projects can spend years crawling through approvals, a shovel-ready, fully entitled downtown site of this size is a rare prize. Builders eye the Concord property because it trims both timeline and entitlement risk, all while sitting within walking distance of downtown and transit. The city’s broader push to add thousands of homes, including a 2030 housing target cited in local coverage, helps explain why parcels that are already cleared to build tend to grab attention, as reported by The Real Deal.
What’s Next
The commercial listing currently tags the Concord Village site as "Under Contract," hinting that a buyer may already be lined up even as CBRE keeps the offering materials available to qualified investors. The brokerage did not immediately respond to requests for comment. If the deal closes, the next owner would still need to secure final Design and Site Plan Review and building permits before any construction crews show up, according to city planning notes and the project documents filed on CEQAnet.
