New Live-Work-Shop-Play Condos to Open

IRVINE, CALIF. - Award-winning KTGY Group, Inc., Architecture + Planning, architect for 555YVR, announced today that Downtown Walnut Creek's first live-work-shop-play residences, 555YVR, are nearly completed. Developed by Thompson | Dorfman Partners with KTGY as the project architect, in conjunction with Kwan Henmi as the concept design architect, 555YVR is a modern, environmentally-friendly, transit-oriented development featuring 87 spacious one-bedroom, one-bedroom plus den and two-bedroom homes, as well as townhomes and live-work units, all featuring luxury finishes, stainless steel appliances and expansive floor-to-ceiling windows. Most homes have spacious private decks or patios.

Owing its name to its convenient location at 555 Ygnacio Valley Road in Walnut Creek, Calif., this exclusive address offers an innovative blend of stylish and sophisticated living in a central location within steps of downtown's hippest restaurants, trendiest boutiques, various cultural activities, and transit links to the rest of the Bay Area.

"We are thrilled to complete 555YVR and advance a growing trend toward downtown living in Walnut Creek," said Bruce Dorfman, principal of Thompson | Dorfman Partners, whose partners have been active Bay Area developers for more than two decades. "Residents of 555YVR will be able to enjoy great restaurants, nightspots, shopping and attractions within walking distance. And it is a block from the BART station. There is nothing like this in downtown Walnut Creek or in the I-680 corridor."

Rising four-stories, these tasteful residences are topped by the Sky Lounge, an amazing rooftop terrace with an outdoor kitchen, fireplace, and breathtaking 360-degree views of the San Ramon valley and Mt. Diablo. Residents also enjoy a state-of-the-art media room, a private fitness center, a lushly landscaped courtyard with a water feature and bench seating, an on-site protected dog run and WiFi connectivity in common areas, ideal for tech-savvy professionals. There is also plenty of parking and ample storage in a gated 170-space subterranean garage.

Located on the former site of the JFK University, some of 555YVR's additional sustainable "green" features include innovative, energy efficient lighting; passive solar heating; water efficient landscaping; a "cool" roof deck, intended to reduce heat island and to minimize the impact on the microclimate, human and wildlife habitat; bicycle storage and bike racks available to residents; low-flow, water-efficient showerheads, lavatory sinks and kitchen faucets; use of low-VOC construction adhesives for all interior adhesives; environmentally-friendly interior trim and shelving; use of low-emitting paint meets the highest air quality standards; and light pollution reduction to improve nighttime visibility, night sky access and to reduce impact on nocturnal environments. The developer also diverted 50 percent of construction and demolition waste to promote recycling and reduce landfill waste.

The homes range in size from 763 sq. ft. to 1,308 sq. ft. with a wide variety of floor plans. Prices range from the low $300,000s to mid-$700,000s with initial occupancy slated for October 2009. To date, more than a quarter of the units have either been reserved or sold.

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