With slightly more than 3,100 residents, Lockeford's population could almost double by the end of the decade.
Construction of two upscale subdivisions totaling nearly 500 homes is likely to begin in 2008. Some of the houses could be completed by the end of next year.
After waiting several years for the Lockeford Community Services District to expand its sewer plant, developers are getting ready to begin construction, now that both developers agreed to form a Mello-Roos Community Facilities District, where future homebuyers will pay for water and sewer service.
The Lockeford Community Services District board approved the financing arrangement at a board meeting last week.
The Livermore Acres company plans to construct 307 homes in the Lockeford Oaks project, a 90-acre subdivision planned northeast of Brandt and Jack Tone roads. And Black Mountain Development will add 159 homes south of Highway 88 in the eastern end of town.
Jeff Woods, who owns Pleasanton-based Black Mountain Development, said he plans 159 large estate-style lots directly across Highway 88 from The Bluffs, Lockeford's most upscale subdivision.
"We want to be a 2008 version of The Bluffs," Woods said.
Wood's development, called Lockeford Vistas, will be on the south side of Highway 88 on both sides of Sierra Drive, in Lockeford's eastern end. Homes will go south and then west almost to Tully Road near Lockeford Elementary School.
"I consider Lockeford a great quality, bedroom community," Woods said. "We like that neighborhood."
Lockeford development at a glanceLockeford Oaks
Location: Northeast of Brandt and Jack Tone roads.
First phase: 73 homes
Developer: Livermore Acres (Ed Pestana).
Location: South of Highway 88 east of Tully Road to eastern edge of town.
Developer: Black Mountain Development (Jeff Woods)
Source: Livermore Acres, Black Mountain Development.
Lockeford is an attractive place to build homes, he said, because it has a small-town country feel. The two subdivisions will cause new businesses to open in Lockeford, he added.
To improve safety for children heading to Lockeford Elementary School, Woods said he plans to install a lighted crosswalk along Tully Road from his subdivision to the school.
"I have children," he said. "I'm sensitive to those issues."
Furthermore, it will be safer for children living in The Bluffs, on the north side of Highway 88, because a traffic light will be installed where Sierra Drive crosses the highway, Woods said. Today, they must walk west on Highway 88 to Tully Road, but once Lockeford Vistas is built, they can cross the highway at Sierra Drive and walk through Woods' neighborhood to school.
Across town at Lockeford Oaks, homes will sell in the $500,000 to $600,000 range, developer Ed Pestana said in a 2005 interview. He didn't return calls for comment over the past week.
Future homebuyers in both subdivisions could be charged up to $3,500 extra to upgrade the sewer plant to accommodate their homes. But Mike Henry, a Community Services District board member, said the figure represents the highest-possible numbers. Homeowners could very well pay a lot less once the district knows how much the sewer upgrades will cost.
Groundbreaking won't begin on either project until the Central Valley Regional Water Quality Control Board approves the sewer plant upgrade, said Mike Hakeem, attorney for Livermore Acres. Hakeem estimates that $1 million in improvements are required for the Lockeford Oaks project.
"We don't know the cost yet because we haven't had bids yet," Hakeem said.