"It is proposing: 670 apartments, 101 of which will be offered at below market rates, Three office buildings totaling 740,000 square feet of office space (which is large enough for 2,960 employees using the benchmark of 250 square feet per worker), A 15,000-square-foot childcare center, 40,000-square-feet of retail space and 3 acres of open space, including a dog park and 1.5 acre "redwood lawn.""
"Most of the buildings on the campus will be demolished. The only building that will remain is the Survey Lane building. That building will be used for office space and the childcare center. Six to seven stories The remaining buildings and parking canopies will be demolished to create six buildings across the campus. Three six-story office buildings will be built between Oak Street and Forest Drive, totaling 740,000 square feet of office space. Since some of the new office buildings will replace already exisiting office space, about 320,000 square feet of office space (enough for 1,280 employees) will be new, according to the city. Three apartment buildings, ranging from six to seven stories, will be built along Forest Drive and Redwood Way, with units wrapped around the buildings. All residential buildings will have ground-floor parking totaling 804 amongst the three buildings, according to project plans. Presidio Bay also plans to build a two-story build-ing, The Pavilion, to host community events and activities and host retail space."
"The developer will also make changes to Middle-field Road by separating the bike lane with a wide strip of trees. Between 2026 and 2027, the project will evolve "
Presidio Bay Ventures purchased the 17-acre former USGS campus at 345 Middlefield for $137 million and submitted redevelopment plans on Jan. 30. The proposal includes 670 apartments with 101 below-market-rate units, three office buildings totaling 740,000 square feet, a 15,000-square-foot childcare center, 40,000 square feet of retail, and three acres of open space including a dog park and a 1.5-acre redwood lawn. Most existing buildings and parking canopies will be demolished except the Survey Lane building. New construction features three six-story offices, three six-to-seven-story residential buildings with ground-floor parking, a two-story Pavilion, separated bike lanes, and a 2026–2027 project timeline.
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