Word on the Street - September Issue, Mid-Peninsula
It’s hard to believe that there is so much redevelopment around our mid-Peninsula these days. From new home remodels to commercial, mixed-use developments, the cities dotting our mid-Peninsula are getting better and better! This month, work begins on the much-anticipated and discussed Wheeler Plaza in San Carlos. Work will begin with utility relocation and interior hazardous materials abatement, according to the city.
In order for the development to be built, the buildings at 616 Laurel Street, 1245 and 1249 San Carlos Avenue and 657 Walnut Street will be demolished.
The entire development, which consists of 109 condominiums, 196 below-grade parking units, a two-level parking structure with 252 parking places and 10,000 square feet of new commercial, will be completed in early 2019.
Watch for construction to begin from 8 a.m. – 6 p.m. Monday through Friday and 9 a.m to 5 p.m on weekend days.
If you see some construction dust in Belmont it’s because there are also a few mixed-use developments under way along El Camino Real. Currently underway at 576-600 El Camino Real near Central Elementary School at Middle Road, is a project that will yield 10,000 square-feet of retail space at the street level and 32 second and third-floor condos, which range in bedrooms from one, two or three bedroom. The three-story building will produce underground parking.
Just blocks away along the same corridor, is a project that will provide 4,900 square feet of retail space and 73 condominiums at 490 El Camino Real at Davey Glen Road. This development is a four-story residential condominium building and underground garage. The commercial building is one story at 490 El Camino Real.
In Redwood City, there are more than 13 large-scale developments currently under way. In an eight-block radius alone in downtown Redwood City with border streets of Jefferson, Pennsylvania and Monroe and El Camino Real, there are six large developments, known as the Greystar projects.
Each high-rise will bring residences and parking. Greystar I is a six-story, Craftsman-style residential project located at 145 Monroe Street. The project contains 305 residences on six floors. Greystar II is a seven-story Mediterranean-style residential project at 103 Wilson Street and boasts 175 units on seven floors. Greystar III is proposed to stand eight floors and boast 137 units with six levels of for-rent apartments. Greystar IV is proposed to be an eight-story, 350 unit multi-family residential development with three levels of underground parking.
These Greystar projects will bring a lot of housing to an area that needs it. And with the new construction going on, downtown Redwood City is booming! The excitement is attracting new retailers, new homeowners, renters and a lot of new energy!
If you see something being demolished or built and want to learn more, shoot us an e-mail and we’ll let you know what’s going up or going down.