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Office-to-housing transformation of former Chevron HQ gains speed in California

Lennar to build 255 homes at Bishop Ranch
Lennar plans to build 255 new homes in place of a trio of 1980s office buildings at Bishop Ranch east of San Francisco. (CoStar)
Lennar plans to build 255 new homes in place of a trio of 1980s office buildings at Bishop Ranch east of San Francisco. (CoStar)
CoStar News
July 9, 2026 | 11:25 P.M.

Homebuilding giant Lennar struck a deal to develop hundreds of new homes as part of the redevelopment of a sprawling San Francisco Bay Area office park into a walkable, mixed-use community of the future.

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