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Construction is again underway on the new Legacy at Livermore downtown housing and retail development after being stalled since June.
The project came to a temporary halt after the previous contractor, Katerra, filed for bankruptcy.
At the time, developer Legacy Partners shared a statement on social media announcing the pause on the project. Officials said that the project was under payment and performance bond, which meant it would definitely move forward but the bonding company needed to find another contractor to replace Katerra, among other legal and contractual obligations.
San Jose-based SBI Builders, Inc. is taking over construction of the mixed-use development at First Street and South L Street, which will consist of a total of 222 apartments and about 14,000 square feet of retail space.
The development will also contain both public and private amenities, including a private rooftop terrace and swimming pool for apartment residents, a public courtyard and a public path connecting South M street with Railroad Avenue.
"While things were going pretty good with the first contractor, I think that we're going to be in good hands to finish out the project," said David Eichler of Legacy Partners. "SBI's a well-known Bay Area contractor, they know what they're doing and I think they'll perform well," he added.
Eichler said that the construction delay will inevitably push back the timeline for completion of the development but he does not yet have a tentative date for when it will be done. "The contractor needs to work out a schedule for that, so I don't have a date but I would imagine it would be under a year," Eichler said.
Although construction was on hold for approximately five and a half months, Eichler said he thinks the process overall has gone well. "While I had hoped it would have started earlier, I think it's probably par for the course the way these things run," he said.
