Blackhawk Plaza has been around since 1989 and recently sold to Southern California Investors. Ramanujan Group in Orange County bought the shopping center for a little over $38 million in April. This isn’t the first time the Plaza has been up for sale. It was previously owned by Los Angeles-based CenterCal Properties.
The Plaza has some competition from Bishop Ranch, which is seen from the freeway with easy access. Unfortunately, the Plaza is about 5 miles away from the freeway and not viewable. However, The Plaza sits near the beautiful Blackhawk Country Club and close to residents in the area. With the increasing numbers of new residents leaving the city and Southbay and purchasing homes in Blackhawk and Danville, this may be a positive for the Ramanujan Group.