If you have an office project you’d like to build in downtown Redwood City, you’d better get in line — and quick. In the span of just a few days last month, city officials took in four office project applications totaling roughly 425,000 square feet for sites all within a couple blocks of each other. Read More
The rumble of a Caltrain passing by was just icing on the marketing cake Friday, as developers and Redwood City leaders turned out to officially kick off construction of Crossing 900, the largest office project in the city’s reviving downtown. “This is so exciting to see this moving forward,” said Redwood City Mayor Alicia Aguirre. Read More
Not surprising — more shoppers are turning to e-commerce. What is surprising: Despite the trend, demand for brick-and-mortar retail space is actually increasing. According to ChainLinks Retail Advisors, retailers plan to open 38,000 new stores nationally in the next year, up from 36,000 stores six months ago. In the last 12 months, retail vacancy has Read More
Just how hot are potential tenants for Kilroy Realty and Hunter/Storm’s spec project in downtown Redwood City? Very. “There are about 15 major users requiring 100,000 square feet or greater that are interested in this project,” John Kilroy, president and CEO of Kilroy Realty Corp., told analysts on an earnings call on Oct. 29. Construction Read More
A number of bills currently being reviewed by Gov. Jerry Brown could impact how local governments and developers do business. AB 900, or the “Jobs and Economic Improvement Through Environmental Leadership Act of 2011,” is expected to change the course of major projects throughout the state for large urban housing developments and sport stadiums. SB Read More
Fourteen months after winning a fierce bidding contest for a prime city-owned development parcel, Hunter/Storm and Kilroy Realty’s Redwood City office project is good to go. The development team got the green light on July 22 to move forward with the largest office project ever in the city’s downtown core, which is now being dubbed Read More
Hunter/Storm and Kilroy Realty’s Redwood City office project is good to go. Fourteen months after winning a fierce bidding contest for a prime city-owned development parcel, the development team got the green light on Monday to move forward with the largest office project ever in the city’s downtown core, which is now being dubbed “Crossing/900.” Read More
One of the top awards in our annual Structures publication is the Developer of the Year. This award focuses on the top company in the valley, with shovels in the ground at premier projects. This year’s winner was no exception. Then head over to our full coverage of all the Structures Awards winners and finalists. Read More
After a heated competition for a prime piece of downtown real estate in Redwood City, Hunter/Storm LLC won out. Hunter/Storm will develop Block 2, a 2.3acre city-owned plot on Middlefield Road that is currently home to a city parking lot, after it got the green light from the city council on May 21. Hunter/Storm’s proposal Read More
Sleepy little Redwood City is perking up. The 75,000-person community, located on the peninsula about 27 miles south of San Francisco, has become a hot spot for developers and companies, thanks to city officials putting out a business-friendly welcome mat. Redwood City has adopted a new economic development strategy that focuses on industrial areas and Read More