Downtown San Mateo Re‐Development
San mateo

In 2021, Harvest created a partnership with Prometheus Real Estate Group to redefine 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 300k-sf of boutique office space, 22k-sf of ground floor retail and 60+ affordable and 70 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 housing and re-energizing the downtown’s retail and pedestrian experience. Entitlement efforts are in varying stages of progress with the site located at 1st & B Streets on track to receive City approvals by the end of 2023.

San Mateo, CA
Hold Period
August 2021 – Current
~300,000 sq. ft. office, 22,000 sq. ft. retail & 60+ affordable and 70 market-rate residential units.
Investment Type
Mixed-Use Entitlement and Re-Development