Award-winning California homebuilder Trumark Homes today announced it will develop a residential community of luxury townhomes in Concord, California. Penny Lane, will create new opportunities for families and individuals to experience the East Bay’s acclaimed lifestyle.

Penny Lane will feature a total of 70 three-story townhomes ranging from 1,611 square feet to 2,430 square feet. The community will offer four distinct floor plans that range from three bedrooms and two and a half bathrooms to four bedrooms, a den and four bathrooms.

“Penny Lane will offer beautiful, attainably priced luxury townhomes for Bay Area employees and their families in a city admired for its active outdoor lifestyle, vibrant business climate and outstanding schools,” said Tony Bosowski, Northern California Division President at Trumark Homes. “Our new community will help ease the East Bay’s significant supply-constrained housing market in one of the most appealing areas of our region.”