Developing a new neighborhood near Highway 101 and more, San Mateo

 

The Daily Journal/Samantha Weigel, 9/21/16.  "Redevelopment abounds at San Mateo juncture: Station Park Green housing, Hines office complex under construction."

Live, work, play if the job is right.

Commute in/out, or even better: bicycle.

"Nestled against the Hayward Park Caltrain tracks, a large segment of San Mateo is in the midst of a noticeable metamorphosis as three major redevelopment projects are slated to create hundreds of housing units and more than 300,000 square feet of office space. Years of planning Station Park Green and the Hines office complex — two major redevelopments near the intersection of State Route 92 and Highway 101 — are coming to fruition as a flurry of construction activity is underway at both sites. The train station has served as the catalyst for nearly 18 acres immediately east of the tracks being tagged for redevelopment; even Caltrain is in the early stages of planning a new housing project on its surface parking lot.

On Monday, San Mateo city officials gathered with the development community to commemorate the first of four buildings beginning to rise from the ground at Station Park Green. Owned by Essex Property Trust, the 12-acre site of the former Kmart will be transformed into a mixed-use 599-unit housing development with more than 2 acres of parks and open space.

Recess is always the most fun.

A stone’s throw away, also at the corner of Delaware Street and Concar Drive, the Hines office complex is nearing completion as two four-story buildings will have about 300,000 square feet of Class A office space. The Hines office complex is further along and anticipated to open late this year, while Station Park Green is expected to welcome new tenants beginning spring of 2018. Both projects are planning to capitalize on their location — centrally situated between San Francisco and Silicon Valley, near the intersection of Highway 101 and State Route 92, and a short jaunt from the Caltrain station."  Read article.

Reference.  City of San Mateo, CA:  Station Park Green mixed-use development;  Hines 400 & 450 Concar Drive office development.  Hines website: 400/450 Concar (at Hwy 101 & 92), "... 305,000 office space, 35,000 retail, 2 acres of open space, access to Caltrain, highway-orientated signage." Related.  Caltrain Hayward Park Station, 401 Concar Drive.  The Registry Bay Area Real Estate/News Release, 6/9/15, "Sares Regis Group Of Northern California to develop San Mateo site near Harward Park Caltrain Station."  Hexagon Transportation Consultants, Inc., 10/19/12, pdf pages 5. "Rail corridor development plan and Bay Meadows Specific Plan EIR.".

Related. Nearby development on El Camono Real approved.  San Mateo County Daily Journal, Samantha Weigel, 10/15/16. "Planners praise new high-density housing proposal..." .... "The Planning Commission voted 4-1 Thursday (10/13/16) to recommend approval of the transit-oriented Hillsdale Terrace; a housing proposal to construct 74 condominiums on a 1-acre site near the soon-to-be relocated Caltrain station. ....  The proposed Hillsdale Terrace, just north of the Hillsdale Shopping Center, would be across from the future relocated Caltrain station. The potential residents might also have an easier time traversing to the massive Bay Meadows mixed-use development, as new grade separations are planned for 25th, 28th and 31st avenues at the train tracks."

Note photographs. Front of transit orientated development, 450 Concar Drive ,from San Mateo City Insider News and Events.  Area graphic from The Registry/Nancy Amdur, 3/11/15, "San Mateo Transforming With Office, Residential Projects..." Office lobby space from Studio 216,"400/450 Concar. visualization." 

Posted by Kathy Meeh