In a major pivot, developer Jay Paul Co. has decided to convert a large portion of the ongoing CityView Plaza project from office to residential. The site, at the northeast corner of Almaden Boulevard and Park Avenue in Downtown San Jose, will transform an existing four-office building campus into 320 units, rebooting construction on the project which paused last year due to poor market conditions.
Preliminary plans have been filed for a life-science industrial project at 405 and 455 Harbor Boulevard in Belmont, San Mateo County. The proposal aims to create around 812,000 square feet of offices and parking for over a thousand cars. Beam Reach Properties is the project developer.
The Environmental Review Process is underway, with the publication of an Initial Study for the redevelopment of 455 Hickey Boulevard in Daly City, San Mateo County. Palo Alto-based King Asset Management is considering replacing the existing complex with more offices or medical labs. City officials are now asking for public comments on the Initial Study results through late June to inform the Final Environmental Impact Report.
Construction work has topped out with facade installation nearly complete for the four-story life science project at 777 Industrial Road in San Carlos, San Mateo County. The project rose quickly since our prior coverage in June last year when demolition had finished for everything but a single floor for adaptive reuse. Presidio Bay Ventures is the project developer, and W.L. Butler is the general contractor.
A new mixed-use project has been proposed for development at 2 Davis Drive in Belmont, San Mateo County. The project proposal includes the development of a four-story mixed-use building offering spaces for office and research…
