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BAY AREA NEWS
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Sares Regis Group of Northern California and Dostart Development Company Start Work on Bay Area Office/Retail Project

9/29/21

Sares Regis Group of Northern California (SRGNC) and Dostart Development Company (DDC) have broken ground on 185k sf of office and retail space in the center of downtown Burlingame at the site of the long-vacant, 1.3-acre Burlingame Post Office property, located at 220 Park Road. The project will be led by a joint venture of SRGNC and DDC.

The building design will preserve the former Post Office lobby by converting it into ground floor retail space that will open onto the immediately adjacent Burlingame Town Square, which will be constructed in coordination with the project. Additional new ground floor retail space will also activate the pedestrian streetscape along Lorton Ave.

Each level of the office building will have generous private terraces delivering grand views of San Francisco to the North, Hillsborough to the West, and the Bay to the East, while allowing for indoor/outdoor work opportunities and interaction with the adjacent public open space.

Both SRGNC and DDC have long histories of repositioning infill, transit-oriented projects in downtown areas throughout the Peninsula and Silicon Valley. The team understands the importance of this historic site to the City and is committed to ensuring that it realizes its full potential for the community and its future tenants.

Situated in the vibrant heart of downtown Burlingame with immediate access to public transit and amenities, the new office building will drive economic development at a time when retail uses depend on both day and evening traffic. The project will include the addition of 275 parking stalls that will be available for public parking during weekends and weekday evenings, further supporting downtown businesses. As a part of the project, $2 mil will be donated towards the future Town Square, to be located on the adjacent existing parking lot E. $3.5 mil will also be contributed towards affordable housing in the community.

The City has been working with the former owner and various potential developers of 220 Park Road for several years, spearheaded by a working group comprising council members Donna Colson and Michael Brownrigg.

The new office project will initially be marketed for lease to tenants as either a single-tenant or multi-tenant building, with a single floor of about 29k sf being the minimum rentable space and 170k sf for the entire building.

Ben Paul and Marc Pope of Cushman & Wakefield’s Burlingame office, along with Mike Moran and Charlie Moran of CBRE, are marketing the property for lease. The 15k sf of retail space will be marketed by Steve Cutter and Chris Homs of Lockehouse Retail Group.





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