South San Francisco, CA September 7, 2021
The San Francisco Business Times has provided an overview of the potential opportunities at the Golden Gate Produce Terminal and Park-n-Fly, off of Highway 101, in South San Francisco as they seek a buyer to invest in this new vision of high density business park. This area encompasses 17.6 acres (131 Terminal Court), along with 8.7-acre parking lot owned by Park-n-Fly. Currently this area is home to 400 short term tenants with the produce terminal being the largest and busiest in Northern California.
The overview includes replacing the current produce terminal that was established in the 60’s plus the addition of proposed 1500,000sf building for life science industries. No plans have yet been submitted to the City, however, the City is in the midst of revising the General Plan to allow for higher density in this location, with no housing requirements attached.
To read the full article written by By Laura Waxmann – Staff Reporter, San Francisco Business Times
In other news, the City’s Economic and Development Department shares “Genentech recently completed a 110,000 SF office building, a childcare center, and they plan to build a small manufacturing building in the coming year. All told, Genentech is planning to expand their campus from the current 4.7 million SF to 9.0 million SF over the next 15 years or so.“
While the City’s website is sorely out of date, there is some interesting information to be found regarding the City’s dedication to bringing in more biotech/ life science businesses to South City, including the 2017 list of current companies shown below. – CLICK HERE FOR CITY WEBSITE
There was a time when City leaders voiced concerns over having ‘too many eggs in one basket’ as they sought a balance between industries in South San Francisco. What are your thoughts on the amount and types of businesses our City continues to attract?