Home / Business and Economy / 60-Year-Old Danville Bowl Becomes Condo Development
60-Year-Old Danville Bowl Becomes Condo Development
3 Apr
Summary
- Beloved Danville Bowl will be redeveloped into 47 condominiums.
- The new development is named 'The Lanes' and will have six buildings.
- State housing mandates prompted Danville to consider denser housing.
A cherished Danville bowling alley, which served the community for six decades, will soon be redeveloped into condominiums. The Address Company received town approval late last year to demolish the Danville Bowl, with construction slated to begin early next year. The new development, aptly named "The Lanes," will feature 47 three-story condominiums spread across six buildings.
This project signifies a broader shift in the Bay Area, including Danville, towards denser housing developments in response to state housing mandates. Mayor Newell Arnerich noted that while Danville was considered "built out" in 2000, current mandates necessitate re-evaluating development strategies, particularly in areas near the downtown.
The Address Company highlighted that such condo projects appeal to various demographics, including seniors, empty nesters, and young families. Although specific sales prices for "The Lanes" are yet to be determined, the median listing price for condos in Danville is approximately $1.26 million. The developer collaborated with the town and community on the design, viewing the site's location less than a mile from downtown as highly desirable.
Discussions between The Address Company and the bowling alley owners began about a decade ago, with the sale closing just last month. This marks another condo project for the developer in Danville, following a previous redevelopment of a shuttered restaurant into 36 condos.
