Commercial

Willow Village offices main entry, image courtesy Peninsula Innovation Partners

Menlo Park Planning Commission Approves Architectural Plans for Willow Village

The Menlo Park Planning Commission has approved four architectural plans for Meta’s Willow Village in San Mateo County. The city reviewed Safdie Architect’s glass-domed meeting and collaboration space, the town square, the office campus, and two apartment buildings. Facebook’s parent company is working with Signature Development Group in a joint venture called the Peninsula Innovation Partners.

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550 Howard Street:Parcel F Architectural design, rendering by SteelBlue

Hines Gets Loan Extension for 61-Story Parcel F, San Francisco

Permits are approved, and construction was expected to start two years ago, but now the site remains undisturbed while the project developer has received an extension for two loans totaling $80 million. Both JPMorgan Chase Bank and United Overseas Bank have pushed the deadline for Hines through October for two $40 million loans pertaining to the 61-story proposal at 550 Howard Street in SoMa, San Francisco. If built today, the mixed-use tower could become the fourth tallest tower in the city.

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