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.
Construction work is moving forward at speed for Mission Rock, a dense mixed-use project reshaping 28 acres of former parking along the San Francisco waterfront in Mission Bay. Concrete is in place for the podium for The Canyon to introduce Mission Rock’s first housing across 24 floors. Next to The Canyon, facade installation has started for Visa’s new headquarters, as the financial corporation’s President, Ryan McInerney, recently reaffirmed plans to remain in San Francisco.
Hines has announced that 50 Main Street will rise 1,066 feet tall, potentially becoming the second tallest structure in San Francisco. If built as proposed, the residential tower will be just four feet shorter than the Salesforce Tower. 50 Main Street, to be designed by Foster + Partners, is part of the 200 Mission Street campus, formerly the SoMa headquarters for PG&E.
San Francisco has published their first review of the Stonestown Development Project. The planning department has published their Preliminary Project Assessment (PPA), kickstarting the multi-year entitlement process between the City and the project developer, Brookfield Properties. As it stands, the project aims to replace over two dozen acres of surface parking around the mall with thousands of homes, new shops, office space, a hotel, and public parks.
New plans have been published for the redevelopment of the SRI International Campus at 333 Ravenswood Avenue in San Mateo County’s Menlo Park. The 63.22-acre project, named Parkline, will redevelopment the campus of SRI International. Founded as an extension of Stanford University, the research institute is most well-known for developing Siri. Lane Partners is the developer.
