Construction work has topped out with facade installation well under-way for Genesis Marina, a life sciences campus in Brisbane, San Mateo County. The project will create over half a million square feet of rentable floor area for the region’s ever-growing biotech industry. Architecture is by Skidmore, Owings & Merrill.
New plans have been revealed for a 17-story commercial tower at 121 East Grand Avenue in South San Francisco, San Mateo County. The SOM-designed project would rise above the city’s new Caltrain Station, expanding the East Side high-rise profile further south. San Diego-based Phase 3 Real Estate Partners is the project developer, operating through OCI San Fran, LLC.
Ventas has purchased the recently completed Genesis Office Complex for $1 billion. The project, which features two sleek glass towers, will add considerable depth to the companies growing portfolio of properties. Genesis wrapped up construction in 2019, yielding 721,000 square feet of office space for the South San Francisco market.