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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


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.

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