Historic post office sold for mixed use downtown development, Burlingame

Post Office to be torn down,
replaced by new development soon

-- "The most important new downtown development in years, perhaps decades, is about to get underway in Burlingame, where a private trust has purchased a 1.3-acre property that currently houses the city's main post office. ... But it

will have to abide by the city's vision for the property, a plan that includes creating a signature public gathering spot."That's the heart of our downtown, so it's vitally important for the city that the project work well," said City Manager Lisa Goldman. "It's got to provide a public benefit and be something that the community can be proud of."  ... The trust is also interested in acquiring an adjacent parking lot and incorporating it into the development, Stanley Lo of Green Banker said."   San Mateo County Times/Aaron Kinney, 9/20/14.  "Burlingame post office to become condos, shops, office space."   Read more. 

....  "The U.S. Postal Service confirmed Monday that the 220 Park Road property sold on Sept. 5. The Wang-Lu Family Revocable Trust was the buyer, said City Manager Lisa Goldman. The buyer’s broker, agent Stanley Lo of Green Banker in Burlingame, is helping the buyers develop the property.“ Currently, the buyer is interviewing architects to develop a space with a mix of retail, offices and condominiums.“We want to work with city to get some benefit for the city,” Lo said.  ... We want to do this as fast as the city allows.” The Daily Journnal/Angela Swartz, 9/16/14.  "Burlingame post office sold."   Read more. 

Related - Save the Post Office,, 9/20/14 "Burlingame CA post office sold, will become mixed use space."  "The sale was finalized Sept. 5 but only recently disclosed. Neither the Postal Service nor the trust has revealed the sale price, but documentary transfer tax records filed with San Mateo County indicate the trust paid $15.7 million."  Note the photograph is from this "Save the Post Office" site.

Posted by Kathy Meeh