Demolition and foundation work has started for the three-structure life sciences project at 1699-1701 Old Bayshore Highway in Burlingame, San Mateo County. During a site visit late last week, YIMBY captured the active construction project with concrete mixing trucks coming and going. Once complete, the development will be the first new life science project along the city’s waterfront just south of SFO. Helios Real Estate Partners and King Street Properties are collaborating with the project as joint developers.
San Mateo County
An updated design has been published for the planned three-story life sciences infill at 1030 O’Brien Drive in Menlo Park, San Mateo County. The project will create a new destination for future life science research and development near Meta’s proposed Willow Village mixed-use district. R+M Properties is the project client.
New renderings have been revealed ahead of the Planning Commission review of 7 South Linden Avenue, a seven-story residential proposal in South San Francisco, San Mateo County. The transit-adjacent project is expected to create 543 homes by the South San Francisco Caltrain Station while expanding the burgeoning urban growth of the downtown area further south. Essex Property Trust is the project developer.
Less than a week after the official groundbreaking ceremony, JLL announced a $310 million construction loan brokered with Longfellow Real Estate Partners for Avia Labs, located at 210 Adrian Road in Millbrae, San Mateo County. Excavation has already started for what will become the six-story life sciences project across from Millbrae Station. Otera Capital has provided the loan.
San Mateo County has awarded $22 million of state funding for Eucalyptus Grove, an eight-story affordable housing infill at 1875 California Drive in Burlingame, San Mateo County. The plan will bring 69 new homes near the Millbrae BART and Caltrain Station. The neighborhood has seen plans for many apartment and life sciences projects approved or under construction, including the nearly-completed Gateway at Millbrae project and the recently ground-broken AVIA project by Longfellow. CRP Affordable is responsible for the development.