There’s new progress in San Carlos’s bid to add nearly two thousand units to an industrial neighborhood close to the San Mateo County city’s Caltrain Station. The Northeast Area Specific Plan would rezone a 43-acre district for new housing. Earlier this week, the city published the notice of preparation for the Draft Environmental Impact Report (DEIR) and solicited public comment to inform the review.
The San Carlos City Council has approved final plans for two Life Science buildings to rise at 841 Old County Road. While the San Mateo County city has seen several new life science projects rising, 841 Old County Road is the closest to the city’s Caltrain station, with more public open space than initially considered. The Sobrato Organization is the project developer.
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.
Construction is wrapping up for the latest life science development at 1091 Industrial Road in San Carlos, San Mateo County. The project is part of a new hub for the biotech and medical research market on the Peninsula. Premia Capital and Prince Street Partners were jointly responsible for the development before selling it to the Florida State Board of Administration in 2021 for $177 million.
Construction has reached the third floor at 1030 Brittan Avenue in San Carlos, San Mateo County. The development is the third location in the city by MBC BioLabs and Dewey Land, close to their second location at 930 Brittan Avenue. Dewey Land purchased the site in early 2022 for $20 million.
