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6/19/26
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Diamond Construction has secured $60.5 mil in construction financing and additional joint venture equity for the development of Project Oak Hill, an 85-residence, for-sale luxury condominium in the heart of downtown Lafayette, CA.
Scheduled for completion in summer 2028, Oak Hill will deliver a meticulously crafted collection of 23 one-bedroom, 41 two-bedroom and 21 three-bedroom residences, including 11 below-market-rate units, along with 2k sf of ground-floor retail. The project will feature striking contemporary architecture, bespoke high-end finishes and a resort-caliber amenity collection that includes a golf simulator, a private conference room, an elegantly appointed library, an indoor and outdoor fitness center, communal landscaped outdoor living rooms and workspaces, a Japanese-inspired Zen garden, fire pits, a private dog run, a bike-share program, and a private, elevated outdoor lounge framing views of Mt. Diablo.
Located in the heart of downtown Lafayette, Oak Hill places residents just steps from the city’s celebrated collection of acclaimed restaurants, wine bars, cafes, and boutiques along Mt. Diablo Blvd. The Lafayette BART station sits only steps from the front door, putting residents aboard a direct train that reaches Embarcadero, San Francisco’s first stop across the bay, in roughly 30 minutes, while Highway 24 offers seamless regional connectivity across the Bay Area. The project also benefits from access to top-rated public schools, a key driver of long-term residential demand.
Matt Cimino and Jordan Angel with JLL arranged the financing through Centennial Bank and secured PCCP as the joint venture equity partner.
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