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media coverage
June 17, 2022
Redefining downtowns: How Peninsula cities have completely transformed their civic centers
Recognizing the changing nature of workplace culture due to the pandemic, Presidio Bay has restructured the project for the new era, incorporating more flexible and outdoor work spaces, enhancing HVAC systems to improve indoor air quality and conducting a "top to bottom" revision of the floor plans and architectural elements to allow multi-tenanting in the two commercial buildings, said K. Cyrus Sanandaji, managing director of Presidio Bay Ventures.
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June 7, 2022
Construction Topped Out For 99 Ocean Avenue, Balboa Park, San Francisco
The 65-foot structure contains 190,400 square feet, of which 153,800 square feet will be for residential use. 5,970 square feet will be made for a 75-student large Crayon Box preschool, and 26,000 square feet for 75 parking spaces. Unit sizes will vary, with 47 studios, 67 one-bedrooms, 57 two-bedrooms, and 22 three-bedrooms. Ventana will include 48 units of below-market-rate housing, roughly a quarter of all the housing.
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June 6, 2022
9 highly anticipated Bay Area summer, fall restaurant openings
After drawing a loyal following to Menlo Park’s Camper for his seasonal entrees and fresh pasta, chef Greg Kuzia-Carmel (Quince, Cotogna, Per Se), will expand just about a mile away with not one but two culinary concepts at the upcoming Springline project.
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June 3, 2022
Is it Price? Location? Or the “Gem” Amenity?
At the heart of the hip Menlo Park neighborhood, Springline is bringing residents modern luxury through their smart living amenity, the Springline App in partnership with Amenify. Springline’s DNA is focused on using the latest technology to maximize day-to-day efficiency and productivity as well as actively enhance the wellness of residents. Through the Springline App, residents will get sustainability reports which include data like indoor air quality, carbon offsets, and solar generation as well as book hospitality-driven services such as fitness classes, dog walking services, and food delivery.
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May 27, 2022
Project breaks ground at 777 Industrial in San Carlos
“Presidio Bay Ventures is excited to break ground on 777 Industrial Road and bring a new wave of innovation to San Carlos,” Cyrus Sanandaji, founder and managing director for Presidio Bay Ventures, said in a press release. “Our team has seen an increased demand for tenant space as life science and R&D innovation in the Bay Area flourishes. 777 is purpose-built and thoughtfully curated to support breakthroughs across multiple industries beyond traditional life sciences.”
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May 25, 2022
Lauded upscale restaurant Mirame from Beverly Hills joining slate of high profile eateries at Springline in Menlo Park
The glitz and glamor of Beverly Hills’ Mírame, a “contemporary Mexican” restaurant by award-winning chef Joshua Gil, is joining the star-studded lineup of restaurants at Menlo Park’s Springline complex, according to the San Francisco Chronicle.
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May 24, 2022
Buzzy Beverly Hills eatery Mirame is coming to Springline in Menlo Park
Acclaimed Beverly Hills restaurant Mirame is coming to the Springline development in Menlo Park as its latest and last retail tenant. With Mirame, Springline is now 100% leased on the retail side.
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May 23, 2022
Acclaimed L.A. chef is bringing a luxe Mexican restaurant to the Bay Area
Mírame in Beverly Hills, which Eater LA critic Bill Esparza called "the most exciting new restaurant" to open in Los Angeles in 2020, will open a second location next year at Springline, a splashy, food-filled development in Menlo Park. Mírame is the final restaurant to move into Springline buildings at 1300 El Camino Real.
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May 23, 2022
Trendy high-end Los Angeles Mexican restaurant Mirame to open second location in Menlo Park
Mirame, the acclaimed two-year-old Mexican restaurant in Beverly Hills from chef Joshua Gil, is readying a second, NorCal location- and it's going to be in the new Springline development in Menlo Park that has also lured SF's Che Fico and Burma Love to open new spots as well, along with Hayes Valley sushi spot Robin.
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May 12, 2022
Presidio Bay Ventures Begins $140MM Development of San Carlos Lab/R&D Project at 777 Industrial Road
Presidio Ventures believes that the San Carlos market for lab and R&D space will continue to strengthen over time. “The area has really no vacancies for lab space with much more tenant demand than there is space to accommodate companies. This is one reason why rents have continued to escalate significantly over the past 12 to 24 months,” said Sanandaji.
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May 2, 2022
Menlo Park: Proper Food's grab-and-go meals coming to Springline project
Proper Food, a restaurant group that offers chef-driven grab-and-go meals, salads, and sandwiches, will open its first suburban location this fall at Menlo Park's soon-to-open Springline project.
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April 27, 2022
Presidio Bay places $118M spec bet with latest life science development on Peninsula
Presidio Bay not only expects to complete the four-story development at 777 Industrial Road in the fourth quarter of 2023 — it also anticipates having it at least partially leased to one or more tenants before it opens based on the life science sector’s “market dynamics,” Presidio Bay founder K. Cyrus Sanandaji told The Real Deal.
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press archives
announcements
May 17, 2022
Presidio Bay Ventures Launches Real Estate Development Scholarship For Bay Area Youth, Introduces Underrepresented Backgrounds To Career Possibilities
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January 20, 2022
Silicon Valley's Springline Unveils Robust Restaurant Line Up, Impressive Office Tenants, and Hotel-like Residences
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February 2, 2021
Springline Welcomes Canopy and Symphony Technology Group as First Office Tenants
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January 25, 2021
Presidio Bay Ventures Closes $120M In Union-Backed Financing And Breaks Ground On Largest Home-SF Project In San Francisco
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December 10, 2020
Presidio Bay Ventures and Kinship Capital Joint Venture Acquires 777 Industrial Road in San Carlos
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November 17, 2020
Introducing Springline: Menlo Park’s New Destination Oasis
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