Development company Greystar is proposing to build a new 483-unit housing complex that includes apartments and for-sale townhomes at 141 Jefferson Drive and 180-186 Constitution Drive.
Greystar has proposed demolishing the existing single-story office and industrial buildings there and constructing two large apartment buildings with a total of 441 apartments, and six three-story buildings with a total of 42 for-sale townhomes. Each apartment building would have two above-ground levels of parking, five floors of apartments, a roof deck and an outdoor courtyard. The townhomes would have private garages.
The Menlo Park Planning Commission is scheduled to hold a study session on the project at its meeting on Monday, Feb. 11. The commission will give preliminary feedback on the project. Specifically, staffers want input from the commission on the site layouts and the positioning of the publicly accessible open space; the architectural designs; the density of the proposed development; and the overall "aesthetic approach," according to a staff report.
The project site covers about 4.8 acres, while the proposed development would be about 473,000 square feet, which represents the maximum amount of density permitted on the site, according to the report. The two apartment buildings would be at 141 Jefferson Drive, with a maximum height of nearly 85 feet, while the townhome buildings would be about 39 feet tall.
There would be a total of 582 parking spots, or 1.2 stalls per unit, and 799 bike parking spaces. A total of about three-fourths of an acre would be public open space. The apartments would be a mix of studios, junior one-bedrooms, and units with one to three bedrooms, but the specific breakdown hasn't been decided yet. Greystar has not yet indicated what anticipated monthly rents or townhome costs will be. The developer's recently constructed "Elan Menlo Park" apartment complex at 3645 Haven Ave. lists one- to three-bedroom apartments online for rent at a range of $3,518 to $8,937.
In a letter Greystar Development Director Andrew Morcos wrote to the city describing the project, he said, "We believe that the region is in great need of more housing, especially as regional employers continue to grow rapidly. A jobs/housing imbalance has existed in recent years and is expected to continue into the future, causing further stress on housing availability, increased rents and traffic."