Downtown San Mateo Re‐Development
San Mateo

In 2021, Harvest created a partnership with Prometheus Real Estate Group to enhance and enliven the City of San Mateo’s downtown through the entitlement, design and construction of a multi-site, mixed-use re-development project comprised of approximately 310k-sf of boutique office space, 22k-sf of ground floor retail and 71 affordable and 59 market-rate residential units. The effort includes three separate but proximate sites with a combined lot size of approximately 107,100 sf. The designs of the new buildings present a combination of modern and environmentally conscientious commercial spaces while also providing desperately needed affordable and market-rate housing and re-energizing the downtown’s retail and pedestrian experience. Entitlement efforts are in varying stages of progress with all three developments targeting entitlement approval in early 2024.

San Mateo, CA
Hold Period
August 2021 – Current
~310,000 sq. ft. office, 22,000 sq. ft. retail & 71 affordable and 59 market-rate residential units.
Investment Type
Mixed-Use Entitlement and Re-Development