Former Bay Meadows Racetrack Finally Getting Its Last New Buildings, 18 Years After It Closed
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Former Bay Meadows Racetrack Finally Getting Its Last New Buildings, 18 Years After It Closed
"Longtime Caltrain riders may remember there was a horse racing track called Bay Meadows in San Mateo years ago, right across from the Hillsdale Mall and the Hillsdale Caltrain station. But Bay Meadows closed down permanently in 2007, to make way for a $2 billion office, retail and housing complex. That timing may have been a bad bet for the developer, because the Great Recession came along just months later, and stalled the new development for a few years."
"That paper reports that the buildings will have 303,000 square feet of office space, ground-floor retail, and 67 more units of housing. San Francisco residents might laugh, because just submitting permits doesn't mean things still won't take forever to build. But San Mateo works differently. Pulling permits would be more than routine. It would trigger a 180-day deadline for Wilson Meany to request its first construction inspection,"
Bay Meadows was a horse racing track that closed permanently in 2007 to make way for a $2 billion office, retail and housing complex. Development stalled after the Great Recession, delaying completion for nearly 18 years. Much of the parcel has been developed into the Roblox headquarters and a housing community. Five of seven planned office buildings are complete. Developer Wilson Meany is submitting permits to build the final two buildings, which will add 303,000 square feet of office space, ground-floor retail, and 67 housing units. San Mateo permit rules trigger a 180-day deadline to request a first construction inspection, effectively locking the developer into a start timeline.
Read at sfist.com
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