Town Square

Post a New Topic

Facebook expansion could exacerbate housing issues, report says

Original post made on Jun 26, 2016

Facebook's expansion – a project that would add two office buildings and a hotel, totaling more than a million square feet – is unlikely to have a ==I direct== impact on the housing crisis in East Palo Alto and Belle Haven, but it could yield an indirect impact, a new report says.

Read the full story here Web Link posted Friday, June 24, 2016, 11:18 AM

Comments (4)

Posted by nancyh
a resident of Menlo Park: The Willows
on Jun 26, 2016 at 3:11 pm

20 below rate housing units??? Really!! Am I the only one who thinks having Facebook in our town is ridiculous! It is an entirely too big entity for such a small area and I mean just the peninsula. Build their own housing likens to a company town of days gone by. What if Facebook folds. What happens to the housing they own?? The impact on the affordable housing in East Menlo will certainly affect our service workers who are an integral part of the quality of life here. Where will the people that work in restaurants, retail stores, housekeeping, nurses, teachers, law enforcement officers, the people who live in this area that don't make $100,000+, go?? The traffic is horrendous already. Some sanity has to come to our City officials. Please consider the people that voted you in. What is the long term consequences of your decisions. What of public transportation?? I see half empty "white" buses trudging through the same traffic we all endure. Before this project moves forward, a commitment for money for BART, CALTrain must come from Facebook. Since the average price for a home in Menlo Park is well over $1,000,000 with mortgages looking at $5000+, workers will need to come from less expensive areas. Mr. Zuckerberg, if you really wanted to leave a legacy for the community you have moved into, please help us get a BART line to your company and into the surrounding cities.


Posted by Apple
a resident of Atherton: other
on Jun 26, 2016 at 4:33 pm

@nancyh

Facebook is funding the Caltrain Dumbarton extension study that would stop next to their HQ. The extension would alleviate area traffic. It's unlikely BART will ever come to Menlo Park because it would overlap with Caltrain.

There's going to be a ton of apartments opening up in downtown Redwood City and on Haven Ave near Facebook. That should help the housing situation.


Posted by homeward bound
a resident of Menlo Park: other
on Jun 26, 2016 at 7:04 pm

traffic is legit awful these days, and when all this construction gets filled up it will indeed be absolutely horrid


Posted by Nancyh
a resident of Menlo Park: The Willows
on Jun 27, 2016 at 5:03 pm

Paying for a study is not paying to build it. That will fall on tax payers if funding could really ever be found and years to get approvals and more years that build it. As for the new apartments, that would be great if the rents are affordable. Market rate rents are around $1800+ for a new one bedroom apartment. That means that a tenant needs to make $60,000+ to qualify.


Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.

Email:


Post a comment

Sorry, but further commenting on this topic has been closed.

Stay informed.

Get the day's top headlines from Almanac Online sent to your inbox in the Express newsletter.

James Beard Award winning chef Traci Des Jardins' restaurant el Alto abruptly closes its doors in Los Altos months after highly anticipated opening
By The Peninsula Foodist | 3 comments | 7,692 views

Palo Alto's bold proposal to jumpstart home electrification
By Sherry Listgarten | 14 comments | 4,006 views

San Bruno Wins Food Trend Craze with First Plant-Based Gas Mart
By Laura Stec | 2 comments | 2,304 views

The Benefits of Adding Market-Rate Housing in Palo Alto
By Steve Levy | 13 comments | 1,789 views

How Much Time do You Spend Outdoors?
By Chandrama Anderson | 0 comments | 1,628 views