Existing buildings at 312 and 313 Constitution Drive were demolished Aug. 23, with the first set of permits issued five days later, the city's community development department said.
The development agreement, approved in March, includes a payment of $1.7 million to Menlo Park, distributed over 10 years, along with other community benefits, as well as a below-market-rate housing agreement that specifies Facebook will either pay about $4.5 million in in-lieu fees, provide 15 offsite housing units, or some combination of the two.
Slocum, Ohtaki hold
cafe office hours
If you would like to bring a few things to the county's (or city's) attention, San Mateo County Supervisor Warren Slocum and Menlo Park Mayor Peter Ohtaki will hold "office hours" at Cafe Zoe on Sept. 4.
No appointments required, but if you want to set one up, contact Marci Dragun at 363-4570 or firstname.lastname@example.org.
The office hours run from 5:30 to 7:30 p.m. at the cafe, located at 1929 Menalto Ave.
house goes on market
A house at 25 Riordan Place that was formerly part of Menlo Park's below-market-rate inventory goes up for sale on Sept. 7 at market rate.
The city had to buy the property back from two owners who had illegally taken out more than $1 million in loans against the property and then defaulted on payments. Reclaiming the house cost Menlo Park an estimated $527,500 after a four-year legal battle.
The City Council then voted in June to spend up to $40,000 to get the property in shape and sell the three-bedroom, two-and-a-half bathroom house, with an expected return of $650,000. A broker will provide a tour to interested buyers on Sept. 10.
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