The company behind Stanford Crossing – Lathrop’s newest master-planned community located west of I-5 in the Central Lathrop area near Lathrop High School – announced recently that even amidst the COVID-19 climate, sales are strong.
With 418 residences planned on the 88-acre parcel being developed as part of the first phase of construction, Stanford Crossing – featuring homes by D.R. Horton, Meritage Homes, KB Homes, and Richmond American Homes – is currently under construction with nearly all builders completing model homes and are either currently selling or taking reservations.
“The City of Lathrop is one of Northern California’s fastest-growing and most desirable residential locations allowing for a more affordable alternative to the Bay Area. We couldn’t be more thrilled to introduce Stanford Crossing to the area,” said Saybrook CLSP co-managing partner Jeff Wilson. “The community has a lot to offer and the demand has been strong. Meritage Homes alone has reported more than 45 sales in the past 60 days.”
The beginning of construction comes after years of Saybrook working closely with the City of Lathrop to build out the project on the footprint of what was Richland’s master planned community – requiring the new property owner to clear up the financial issues that were attached to the land before construction could begin.
In addition to meeting the financial obligations pertaining to the bonds that already existed on the property, Saybrook also finished infrastructure that was initially promised and abandoned during the messy divorce between the previous developer and the city – including the sewer lift station near Lathrop High School that allowed for the school site to finally connect to the city’s sewer system.
And Saybrook is paying tribute to the history of the very community they have been an active part of with the name of the development that will bring single family homes to within walking distance of the city’s high school.
Leland Stanford, who was responsible for constructing the segment of the transcontinental railroad that ran from Oakland to Utah, is famously remembered as the man who drove the golden spike at Promontory Summit, Utah, thus joining of the two segments of the Overland Route together.
But the last piece of the route that connected the East and West Coasts of the United States wasn’t formally completed until months later when the Mossdale Bridge over the San Joaquin River was finished.
Stanford, who played a role in naming strategic points along the route that he famously constructed, decided on the name of Lathrop for the city near where the last track was laid in honor of his wife, Jane – who was born into the Lathrop family.
“Stanford Crossing was inspired by the city’s namesake – Jane Lathrop Stanford,” Wilson said. “Jane, along with her husband Leland, were pioneers in education and aspired to the developmental growth of children. As such, excellent schools and family-oriented neighborhoods are the backbones of the City of Lathrop.
“We look forward to welcoming future residents to this exceptional lifestyle.”
When fully completed Stanford Crossing will include more than 1,500 single family homes and more than 250 apartment residences, and will include parks as well as hiking, biking and river trails.
The initial park for the development will be adjacent to the Lathrop Generations Center and is being constructed to bring the two parks together to create a more substantial footprint for area residents.