Life Sciences

1699 & 1701 Bayshore Highway west aerial view, rendering by Perkins&Will

Foundation Underway at 1699 Old Bayshore Highway in Burlingame

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.

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AVIA Labs exterior view from the Eikon Campus, rendering by Flad Architecture

Construction Financing Secured for Avia Labs in Millbrae, San Mateo County

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.

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