The owner of Bay Meadows has started courting suitors to lease more than 1 million square feet of Class A office space to be constructed in five buildings on the site of the former horse race track in San Mateo.
Property owner Wilson Meany Sullivan expects construction to be completed by early 2014 for the office space which is the second phase of the Bay Meadows mixed-use development. When completed, Bay Meadows will be the largest transit-oriented development in the state.
Combined, the five buildings on Delaware Street called Bay Meadows Station will have up to 1.5 million rentable square feet of office and retail space. Each building will be certified LEED Gold.
Office space for rent will range from 95,000 square feet to 185,000 square feet, according to Wilson Meany Sullivan. The development sits between the Hillsdale and Hayward Park Caltrain stations.
Phase 1 of the Bay Meadows project was officially completed with the construction of the new Kaiser Medical Center and includes housing, office and retail space.
Phase 2 will also feature townhomes, condos and about 15 acres of park space. The final development will include 1,171 residential units, up to 1.5 million rentable square feet of office space and approximately 90,000 square feet of retail space, according to Wilson Meany Sullivan.
"Companies who find a home here will embrace the vision of Bay Meadows Station and will be an integral part of bringing this community to life," Christopher Meany, partner at WMS, wrote in a prepared statement. "Built to rigorous environmental standards, this urban office campus is at the forefront of contemporary and creative office space. Bay Meadows is perfect for people who want to work and live in the most sustainable, innovative and comfortable atmosphere possible."