Bay Meadows beginning office construction: Ground to be broken this month on 210,000-square-foot building

An artists rendering of the first office development at Bay Meadows, known as Station 4. The four-story building is slated to be 210,000 square feet.

Bay Meadows will soon be ripe for companies to start roots at the massive transit-oriented development in San Mateo as developer Wilson Meany announced it will begin construction on the sites very first office complex this month.

Decades in the making, Wilson Meany and partner Stockbridge Capital Group will break ground on Station 4, a 210,000-square-foot four-story office building at 3050 S. Delaware St. that developers anticipate will attract top tenants with its central location near State Route 92 and Highway 101.

With commercial space in San Francisco and the valley dwindling, were seeing numerous companies looking to expand in the mid-Peninsula. There is an intense demand for this type of product right now, Janice Thacher, partner at Wilson Meany, wrote in an email.

San Mateo has become a hotbed of development proposals as of late. Developer Hines seeks to start construction on 292,400 square feet of office space on Delaware Street just north of State Route 92 at the end of the year. EBL&S Development submitted an application to transform the 12-acre Station Park Green site next to the Hayward Park Caltrain station into 599 residential units and up to 15,000 square feet of office space.

Caltrain itself seeks a partner to build a mixed-use development atop the agencys 2.7-acre Hayward Park Caltrain station surface parking lot and two recent pre-applications propose turning two former gas stations on El Camino Real and Third Avenue into two smaller three-story office and retail space buildings.

Bay Meadows, now in Phase II, has long sought to incorporate office space into its transit-oriented development and anticipates Station 4 to open in mid-2016.

The entire 160-acre site was broken into two phases. A shopping plaza features a Whole Foods Market, 19 live-work condos, 55 single-family homes, 98 townhomes and 575 apartments, the Kaiser Permanente medical center, Franklin Templeton headquarters and San Mateo police station, The 83.5-acre second phase includes the recently-opened private Nueva School, open space and numerous residential developments. The site between the Hillsdale Caltrain station and 25th Avenue is nearly unrecognizable from its former days as a race track.

Bay Meadows variety of services will attract a modern workforce on which companies can capitalize, Thacher said.

Todays workforce wants to be integrated into a vibrant community where there are dining, shopping and entertainment options. Bay Meadows is a compact, walkable neighborhood that will be full of shops, restaurants, parks and humming with residents and students. That environment will help a company attract top talent, Thacher said.

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Bay Meadows beginning office construction: Ground to be broken this month on 210,000-square-foot building