- Thu, 05/03/2012 - 11:08
- 0 Comments
San Mateo is a leader in promoting transit-oriented development that connects jobs and housing with transportation. In 2005, the City adopted the San Mateo Rail Corridor Transit-Oriented Development Plan to develop a vision for successful transit-oriented development options around its major transit stations. In this vision, pedestrian-friendly neighborhoods and employment centers are conveniently located in proximity to transit and harmoniously interwoven into surrounding neighborhoods. Residents and workers are able to walk, bike, or take public transportation to their destinations, creating a more vibrant and active streetscape and reducing dependency on automobiles.
Since adoption of the rail corridor plan in 2005, the City has focused efforts on encouraging development within a half-mile radius of two of the city’s Caltrain stations, Hillsdale and Hayward Park. The largest such development is the Bay Meadows project, where over 1,000 residential units, 750,000 square feet of office space, and 93,000 square feet of retail and restaurant space will be created as part of the second phase of the project (an earlier phase was opened in the mid 2000s). This second phase (called Phase II) represents the largest transit-oriented development in the Bay Area. Phase II was approved in 2008 with the first residential units expected to be under construction in late 2012. Once this project is completed, it will mark the transformation of this site from its previous use as a horse race track facility to a modern mixed-use transit village.
In 2011, City Council approved development agreements for the Station Park Green mixed-use project and Hines office projects adjacent to the Hayward Park Caltrain station. As part of these agreements, the City will receive millions of dollars in public benefits including multi-use pathways, undergrounding of utilities along Concar Drive, flood improvements, and tree plantings. These benefits enhance the property and sales tax revenue the completed project will bring to the City. The City also approved the Hillsdale Station Area Plan which covers the area from 25th Avenue to 36th Avenue and from the Caltrans corridor to Flores Street. The 20-year plan was funded by a grant from the Metropolitan Transportation Commission and Bay Meadows. In addition, the City’s focus on transit-oriented development incorporates promotion of affordable housing. The City’s partnership with MidPen Housing and other groups led to the development of the 68-unit Peninsula Station affordable (below market rate) housing project on El Camino Real and the upcoming affordable and market rate 120-unit housing project on the site of the City’s former police station. Both projects are high quality, attractive developments that are within walking distance to transit stations. All the above projects are important steps to achieving the City’s long-term vision of creating vibrant and livable communities along our transit corridor. For more information and updates, see the City of San Mateo website.