Burlingame Planning

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February 17th

• 1.42M SF R&D Office

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Peninsula Crossing

Bayfront Commercial | 12 Acres | 1.42M SF | 3,400 Spaces

Like locking in your airfare, a Development Agreement is a voluntary contract between a local jurisdiction and a developer that locks in city land use regulations for a set time. This is a key feature of DivcoWest and Woodstock Development’s “Peninsula Crossing.”

In exchange for giving up “community benefits” to the city, they enjoy the version of the zoning and the general plan at the time of agreement. It holds value because regulations often get added, not removed.

Divco’s community benefits are a 7,800 SF plaza, half-acre open space, a 25’ wide Bay trail through site, sea level rise infrastructure (17’ high), and a LEED Gold target. All this to get to their desired FAR of 2.7. That FAR will make their 1.42M SF of R&D and commercial office come to life.

Kelly Beggs, a contract planner for the city, said every property would need to upgrade stormwater management on the site for C3 regulations. This project is also under T3 standards, which require “community benefits” so they can get the FAR they need.

Millennium’s Burlingame Point project had a 10-year Development Agreement, approved in 2012. Another project that had a 5-year DA was the 220 Park Road (Post Office Project), with some additional years for permit timelines. This increase in DA timelines is not abnormal, the Commission said.

The Commission asked a lot of questions about the phasing of the project. How long will each phase take? 2 years, but can’t foresee the economy then. Will the bike path be level as the dirt is compacting on phase 2 and 3? Potentially, its a grading challenge.

Virginia Calkins of DivcoWest ensured that whoever holds the entitlements has the obligation to provide the community benefits.

Developer: DivcoWest, Virginia Calkins LinkedIn in partnership with Woodstock Development, Kirk Syme LinkedIn

Architect: WRNS Studio

Bayfront Commercial Zoning Design Guidelines

Staff Report

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