MENLO PARK, CA—Developer John Arrillaga and Stanford University are scaling back a plan to develop an 8-acre mixed use complex, due in part to community concerns.
According to a report at Palo Alto Online, the university's managing director for development, Steve Elliott communicated with city officials Wednesday, describing the plans to scale back the project.
These include: reducing office space from 96,000 to 25,000 square feet; cutting the total space from 229,500 to 199,500 square feet; adding 22 apartments for a total of 170; reduction from three car lanes to two in the public plaza, and the inclusion there of a pedestrian-bike path.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.