Presidio Development Partners, LLC.
A Real Estate Investment and Development Company

University Place Condos

East Palo Alto (San Francisco Bay Area), California
Project Description: 75 unit, six-story, in-fill condominium building with ground floor retail.
Challenge: To negotiate land options, design and obtain project approvals in a difficult environment requiring extensive community involvement.
Results: Successfully obtained land options from multiple owners, and won support for development plan from city and community stakeholders. Residential plan was an alternative to office plan.
Details: Commencement Date: July 2001. Completion Date: Development site sold.
Total Value: $30 million.