Waters Technology Park

  • San Mateo, California
  • Strada Investment Group

Redevelopment of Waters Technology Park envisions the business park property originally built in 1979, as an ideal opportunity for residential uses to tackle the local housing deficit plaguing the San Francisco Peninsula.

This 11.1-acre property sits creek adjacent and neighbors single-family homes near the junction of two freeways. Residential surroundings and convenient access to transit and job markets, present an ideal opportunity for the conversion from an office park to residential neighborhood. The location also benefits from being a stop on the free bus routes to the CalTrain stations two miles away.

The redevelopment envisions 190 new residences, mixing two-story detached homes with three- to four-story townhomes and flats. The detached homes mirror the existing single-family neighbors along the project boundary with a 15-foot setback, while the interior property area includes three- to four-story townhomes and flats that surround a central community park, play area, and communal garden. A new trail along Borel Creek enhances the project by activating an inaccessible 1,000-foot stretch into a trail with new hardscape, seating, and native plants ending at a new dog park.

The variety of home styles creates a unique sense of place within the site and provides multiple choices for buyers. The project also meets a 10 percent affordable unit requirement.

Project Specs

Site Area:11.1 acres
Building Area:434,885 sqft (gross)
Number of Units:190
Density/FAR:17.1 du/ac


2019 Gold Nugget Merit Award, Best On-the-Boards Site Plan

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