Where Community Thrives: The Role of Multi-Use Developments in Modern Growth

As a developer, I’ve always believed that real estate should be more than just a collection of buildings—it should serve as a cornerstone for growth, connection, and opportunity. Over the years, my team at LRE & Companies has been privileged to play a role in shaping communities in the Western U.S. through multi-use developments. These projects are not just about creating spaces; they’re about building vibrant hubs where people can live, work, and thrive.

Designing Spaces That Meet Community Needs

When I envision a development, I start by asking a simple question: What does this community need? The answer often lies in creating spaces that bring together residential, commercial, and educational components. Take our University Square project in Rocklin, California, for example. Anchored by The Learning Experience, this 10-acre development includes retail, a daycare center, and even a hotel—all within proximity to residential townhomes and future educational campuses.

This kind of integration provides families with everything they need within reach, from grabbing coffee to dropping off their kids at daycare. It’s about making life easier and fostering an environment where people feel connected to their surroundings.

Driving Economic Growth

Multi-use developments don’t just benefit the people who live and work in them; they also energize local economies. By attracting a mix of businesses, from small startups to national brands, these projects create jobs and stimulate economic activity in these communities. University Square, for instance, is contributing to Rocklin’s rapid growth, positioning it as a hub for both residents and businesses.

What excites me most is the long-lasting ripple effect these developments have. When we transform underutilized land into dynamic spaces, it attracts further investment, boosts nearby property values, and supports the growth of surrounding businesses.

Enhancing Accessibility and Sustainability

A core principle of our work at LRE & Companies is ensuring that our developments prioritize accessibility. By designing spaces where residents can live, shop, and access services all in one place, we’re reducing the need for long commutes and creating a more sustainable lifestyle. At LRE & Companies, we’re committed to building communities that are not only convenient but also environmentally conscious. We have a proven track record of creating future-forward developments in some of the most difficult places to develop – think California coastline towns!

A Vision for the Future

For me, the most rewarding part of this work is seeing how these developments bring people together. Whether it’s parents connecting at a daycare drop-off or neighbors gathering for coffee, these spaces become the heartbeat of the community.

As cities grow, the demand for thoughtful, multi-functional spaces will only increase. At LRE & Companies, we’re proud to be part of this evolution, creating projects that drive economic growth, foster connection, and help communities thrive.

This is just the beginning. Together, we can build a future where real estate development serves as a catalyst for lasting, positive change.

SALINAS, Calif. – Dec. 11, 2024 – LRE & Companies is excited to announce Starbucks as the second tenant in its highly anticipated project at the Abbott Road development in Salinas. This marks another significant step in the project’s development, adding a beloved global coffee brand to the community-focused space.

The addition of Starbucks will provide Salinas residents and visitors with a convenient gathering spot to enjoy high-quality coffee and refreshments. Known for its commitment to customer experience and community engagement, Starbucks will contribute to the vibrant atmosphere envisioned for the site. Starbucks will be joining Circle K as one of the key anchors of the development.

“This is a proud moment for our team and the City of Salinas,” said Akki Patel, CEO and Founder of LRE & Companies. “The addition of Starbucks reflects our dedication to bringing quality amenities to the community while supporting economic growth by providing jobs in the Salinas community. We are thrilled to welcome such a renowned brand to this development.”

LRE & Companies is deeply committed to sustainable and community-focused growth, ensuring that the new construction enhances the quality of life for residents and visitors in Salinas while serving the evolving needs of businesses and consumers. The project represents a thoughtful revitalization of the site, which will involve clearing two outdated structures to make way for a modern, purpose-built development.

The Salinas project continues to exemplify LRE & Companies’ mission to foster growth and opportunity in communities throughout the region. As construction progresses, additional project updates will be shared.

About LRE & Companies
LRE & Companies is a leading real estate development and investment firm specializing in creating mixed-use spaces that blend functionality and innovation. With a focus on collaboration and community impact, LRE continues to deliver projects that support economic growth and enhance the quality of life for residents.

Salinas, CA. – After three years of dedicated effort, LRE & Companies is thrilled to announce the approval of its first tenant, Circle K, in the  highly anticipated project at 1012 & 1016 Abbott Street in Salinas. This exciting development, which marks the culmination of collaboration and teamwork among LRE, trusted brand partners, consultants, and the City of Salinas, will bring significant economic growth and enhanced amenities to the local community.

Circle K is a cutting-edge convenience store and fueling station, offering modern amenities and a seamless shopping experience. This milestone follows the recent Planning Commission approval. Circle K will begin construction first, and other tenants are set to follow, bringing a community-focused atmosphere to the development.

“This achievement represents a major milestone for our team and the City of Salinas,” said Akki Patel, CEO and Founder of LRE & Companies. “The partnership with the city of Salinas has been instrumental in moving this project forward. While the process has taken time, the results will be worth the wait as we transform this site into a vibrant community hub.”

The project will involve the demolition of two existing structures—a former auto body repair shop and a tile and marble company—making way for brand-new, ground-up construction for Circle K and other tenants. This revitalization effort underscores LRE’s commitment to sustainable development and creating spaces that serve the needs of both residents and visitors.

The Salinas project exemplifies LRE & Companies’ dedication to fostering growth and opportunity in communities across the region. Additional project details and updates will be shared as construction progresses.

About LRE & Co
LRE & Companies is a leading real estate development and investment firm specializing in creating mixed-use spaces that blend functionality and innovation. With a focus on collaboration and community impact, LRE continues to deliver projects that support economic growth and enhance the quality of life for residents.

Folsom, Calif. LRE & Companies, a full-spectrum real estate development, asset manager, and hotel and hospitality management company, in partnership with the American Hospitality Services, has signed The Learning Experience® (TLE®) as a major tenant for the highly anticipated Southpointe at Folsom Ranch development. The Learning Experience, known for its established reputation of providing exceptional early childhood education, offers essential services for children ages six weeks to six years old.

“LRE & Companies is committed to building strong communities through strategic partnerships with cities and trusted brands,” says Akki Patel, CEO of LRE & Companies. “We are excited to welcome a tenant who offers a vital service to the community and to the Southpointe project at Folsom Ranch, one of Northern California’s largest master-planned developments. LRE & Co. is proud to be a responsible contributor to Folsom’s growth, a city with the highest concentration of software jobs in the Sacramento region and ranked No. 1 in professional and technical employment per capita.”

Parag Laddha and Kunal Rao, franchisees and operators of multiple TLE centers, also shared their enthusiasm: “Folsom is an ideal location for a childcare center due to its growing population of young families and strong focus on education. A new facility would meet the rising demand for quality childcare and further enhance Folsom’s appeal as a family-friendly community.” With their expertise and proven track record, Laddha and Rao ensure that the new facility will deliver high-quality early education and operations, continuing The Learning Experience’s tradition of excellence.

Situated just south of Highway 50, Folsom Ranch is an up-and-coming community that is rapidly expanding. With new homes, a gated senior community, and a state-of-the-art sports complex set to break ground next year, the area is becoming a highly desirable location for families and professionals alike. Additionally, a new Dignity Health Advanced Ambulatory Care Center highlights the community’s commitment to providing comprehensive healthcare services to its residents.

The addition of The Learning Experience is a crucial asset for this thriving community, emphasizing the importance of safe and reliable learning centers for young children. The development offers a diverse range of high-end office, medical, and retail spaces available for sale or lease, including retail shop space, drive-thru pads, and medical offices. The 10-acre site boasts excellent visibility along White Rock Road and East Bidwell, forming a central hub within the expansive 3,585-acre master-planned Folsom Ranch development