The Morgan at Bay Meadows is an 82-unit class-A multifamily project.
SAN MATEO, CA—The high-profile Bay Meadows project hit another milestone with the $48.64 million financing for the development of the Morgan at Bay Meadows, an 82-unit class-A multifamily project. The Morgan is within the pedestrian-friendly Bay Meadows master-planned community, which will feature approximately 1,100 residential units, 780,000 square feet of office space, 18 acres of parks, a new private high school and 40,000 square feet of retail once complete.
The Morgan at Bay Meadows will consist of 82 luxury units located above a single-story below-grade secured parking garage. Amenities will include a central entertaining and gathering space with a kitchen, library and game room; a landscaped courtyard with outdoor entertaining area, fitness and meditation studio, storage facilities, bike storage, and park views. Units will include a mix of two- and three-bedroom homes averaging more than 1,500 square feet. The project is expected to be delivered in the summer of 2020.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
