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.
A proposal will be heard by the City of South San Francisco for the replacement Safeway grocery store at 180 El Camino Real in South San Francisco in San Mateo County. Tomorrow’s meeting will occur over half a decade after the multi-tenant 180 El Camino strip mall was closed in preparation for a transit-oriented mixed-use development that hasn’t materialized. Now, the property has been purchased by SteelWave, and plans are moving ahead.
The developers for 600 South First Street have secured enough funding for the development of a mixed-use tower in Downtown San Jose. Recent reporting by George Avalos of the Bay Area News Group confirms Scape, the international company focused on student and market-rate housing, has been loaned as much as $182 million by Madison Realty Capital. The proposal is expecting to create 336 new homes.
The City of Millbrae is considering extending approved permits for the proposed Moxy Hotel at 401 East Millbrae Avenue. The development would replace surface parking with 209 new guest rooms across from SFO in San Mateo County. The project, owned by Marriott, would rise next to two existing Marriott hotels, the Westin and the Aloft.
AvalonBay Communities is planning to replace the surface parking of an existing residential community with new housing in Mountain View, Santa Clara County. The proposal would retain all 402 residences at 555 West Middlefield Road while creating 323 new homes and an amenity clubhouse on top of over seven acres of surface parking. The project has been endorsed by the Housing Action Coalition.