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The Strategic Plan was commissioned by a local resident who heads one of the country’s largest REITs, and wanted to test ideas about mixed use and transit-oriented development on the San Francisco Peninsula.

The Plan area lies between a new BART/CalTrain station to the south and another CalTrain Station north. It provides increased employment, redevelopment of waterfront light industrial and warehousing areas with high-density residential uses, a shoreline park, and an expanded shuttle system. Transportation improvements totaling $67 million are identified.

The proposed Strategic Plan could accommodate just over 11 million square feet of new development with a projected valuation for property tax purposes of nearly $2 billion – a substantial increase over the current property tax base of $684 million. The increased valuation, coupled with a moderate impact fee, could pay for all of the improvements, the shoreline park, and a very frequent shuttle system.

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