Development plans are moving forward for Sequoia Station, a six-structure mixed-use proposal to reshape the downtown of San Mateo County’s third-largest city. The Los Angeles-based private real estate company, Lowe, has spent $73 million acquiring the second half of the block around 1057 El Camino Real in Redwood City. The firm looks to construct three million square feet of housing and offices, parking, and public open space.
Updated plans have been filed, showing continued work behind the scenes for the proposed residential development at 1900 Diamond Street, or 5367 Diamond Heights Boulevard in San Francisco’s Diamond Heights neighborhood. The project team is aiming to build 24 residential units across the vacant 0.8-acres of land. Solomon Cordwell Buenz is responsible for the design.
Plans are under review for a five-story mixed-use project at 435 East 3rd Street in Downtown San Mateo, San Mateo County. Windy Hill Property Ventures is responsible for the development as the property owner. The development will create office space and five new homes as part of the developer’s extensive plans east of the San Mateo train tracks.
Construction is wrapping up for the third of five phases on Gateway of Pacific in South San Francisco, San Mateo County. The project aims to complete with 2.2 million square feet in a laboratory and office campus across 31.5 acres of the city’s office-dominated East Side neighborhood. BioMed Realty, a Blackstone portfolio company, is responsible for the development.
Construction work is moving forward at speed for Mission Rock, a dense mixed-use project reshaping 28 acres of former parking along the San Francisco waterfront in Mission Bay. Concrete is in place for the podium for The Canyon to introduce Mission Rock’s first housing across 24 floors. Next to The Canyon, facade installation has started for Visa’s new headquarters, as the financial corporation’s President, Ryan McInerney, recently reaffirmed plans to remain in San Francisco.
