SAN MATEO, CA—In an update to a previous story on Essex PropertyTrust's purchase of Station Park Green inSan Mateo, CA, GlobeSt.com chatted with John Eudyon the plans for the site and its potential to be a transformativepiece of the puzzle along with the other projects in thesurrounding area.
Eudy tells GlobeSt.com that the entitlements are done, theapprovals are complete and the city of San Mateo is workingdiligently to meet all deadlines to keep the project movingsmoothly.
Essex is hoping to expedite the permitting process includingthose for demolitions and site development, which could take up to90 days for all permits, if the process goes as planned. Allstructures are vacant and ready to be taken down once the permitsare finalized. Eudy says a late summer timeframe is being targetedfor construction to begin.
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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.
