The Menlo Park Chamber of Commerce will host the 45th annual Golden Acorn Award ceremony virtually on Thursday, October 27, at 5:00 pm. The keynote speaker is Cyrus Sanandaji, Founder, CEO and Managing Partner of Presidio Ventures, the organization behind the Springline development.

The quick office lease-up is a contrast to the overall trends on the Peninsula, which in the third quarter saw tenants give up 450,000 square feet more space than they leased. Nearly 17% of office space on the Peninsula is either vacant or available as sublease, according to CBRE.

Springline, the 6.4-acre development that intersects Oak Grove Avenue and El Camino in Menlo Park, combines 183 one-to-three bedroom residences with 200,000 square foot of office space and nine restaurants, which will open later this fall.

Wells Fargo Bank is the newest tenant at Presidio Bay Ventures' Springline mixed-use development in Menlo Park, which has attracted VC, tech and law firm tenants over the past year. The bank, which is headquartered in San Francisco and recently reduced its real estate holdings there, has committed to 40,000 square feet at the 100,000-square-foot North office building at 1300-1302 El Camino Real. It will open there in 2023.

The first restaurant to open at Springline, a splashy, food-filled development in Menlo Park, will be Canteen, the second act from the chef behind popular and nearby restaurant Camper. The casual, all-day restaurant and wine bar from Greg Kuzia-Carmel will serve snacks like crispy chickpea panisse fries dipped in a habanero-tomato sauce, and raw oysters dressed simply with a smoked Meyer lemon and koji mignonette. To drink, there will be Californian and international wines, local beers and nonalcoholic options.

Springline has so far signed five venture capital firms to its tenant roster, one of which, Menlo Ventures, is shifting its headquarters there after spending over two decades on Sand Hill Road. Sanandaji believes the latter area’s lore has helped it overcome being an “amenities island” without dated, poorly insulated office structures that, among other shortcomings, aren’t in the most transit-friendly location. Presidio Bay’s project serves to “make the decision a relatively easy one for firms that realize there’s a significant advantage to being at Springline versus Sand Hill Road,” he said in April.

Burma Love, established in 2015, offers (in the Guide's words) "hipper digs, a cooler crowd" and a more limited menu of Superstar's popular dishes. The spaces tend to toe the line between a night out with family or with a first date, divided into a semi-private bar area (anchored by Burma Ale and Southeast Asian cocktails) and a main dining room. Burma Love has another 4,100-square-foot location expected to open this December in Menlo Park's high-end mixed-use project Springline, alongside a new restaurant and market from local Italian heavyweight Che Fico.

“Springline is a lifestyle and a feeling that we’re evoking amongst all of our employers, employees, visitors, and residential tenants,” says K. Cyrus Sanandaji, CCIM, managing director and founder of Presidio Bay Ventures. The original site was a brownfield that involved a large assemblage of uses including an auto dealership and auto repair. Although the development was in the works for about six years, Presidio Bay Ventures took it over in early 2020 and reimagined the design. “We truly believe that this is the future of sustainable and responsible development in California and beyond, especially as you look at the impact traffic and commutes have on communities and cities,” says Sanandaji.

Springline, a transit-oriented community of office space, residences and restaurants on El Camino Real in Menlo Park, CA has announced a pair of new tenants: litigation consulting firm Cornerstone Research and venture and growth equity company Norwest Venture Partners. The property is now 75% leased of the 200,000 square feet of office space.

Fully opening next year, this 6.4-acre connected community has been expressly designed to be a walkable city within a city. Situated next to downtown Menlo Park and a short walk from the Caltrain Station, Springline features hospitality-driven homes, creative offices, destination restaurants and outdoor experiences in the heart of the Peninsula.

The property sits at 1300 and 1302 El Camino Real and 550 Oak Grove Ave. In addition to the retail and office space, it includes 183 apartments, which are in pre-leasing. Other tenants actively leasing the property now include restaurants Burma Love and Che Fico, and the law offices of Kilpatrick Townsend & Stockton LLP.

Developer Presidio Bay Ventures announced it has leased 100% of the 29,000 square feet of retail space and 75% of the 200,000 square feet of office at the Springline project near the Menlo Park Caltrain stop.

After drawing a loyal following to Menlo Park’s Camper for his seasonal entrees and fresh pasta, chef Greg Kuzia-Carmel (Quince, Cotogna, Per Se), will expand just about a mile away with not one but two culinary concepts at the upcoming Springline project.

Recognizing the changing nature of workplace culture due to the pandemic, Presidio Bay has restructured the project for the new era, incorporating more flexible and outdoor work spaces, enhancing HVAC systems to improve indoor air quality and conducting a "top to bottom" revision of the floor plans and architectural elements to allow multi-tenanting in the two commercial buildings, said K. Cyrus Sanandaji, managing director of Presidio Bay Ventures.

After drawing a loyal following to Menlo Park’s Camper for his seasonal entrees and fresh pasta, chef Greg Kuzia-Carmel (Quince, Cotogna, Per Se), will expand just about a mile away with not one but two culinary concepts at the upcoming Springline project.

At the heart of the hip Menlo Park neighborhood, Springline is bringing residents modern luxury through their smart living amenity, the Springline App in partnership with Amenify. Springline’s DNA is focused on using the latest technology to maximize day-to-day efficiency and productivity as well as actively enhance the wellness of residents. Through the Springline App, residents will get sustainability reports which include data like indoor air quality, carbon offsets, and solar generation as well as book hospitality-driven services such as fitness classes, dog walking services, and food delivery.

Acclaimed Beverly Hills restaurant Mirame is coming to the Springline development in Menlo Park as its latest and last retail tenant. With Mirame, Springline is now 100% leased on the retail side.

Mirame, the acclaimed two-year-old Mexican restaurant in Beverly Hills from chef Joshua Gil, is readying a second, NorCal location- and it's going to be in the new Springline development in Menlo Park that has also lured SF's Che Fico and Burma Love to open new spots as well, along Hayes Valley sushi spot Robin.

Mirame in Beverly Hills, which Eater LA critic Bill Esparza called "the most exciting new restaurant" to open in Los Angeles in 2020, will open a second location next year at Springline, a splashy, food-filled development in Menlo Park.

Proper Food, a restaurant group that offers chef-driven grab-and-go meals, salads and sandwiches, will open its first suburban location this fall at Menlo Park's soon-to-open Springline project.

“Our opportunity was to come in and deliver a project that would make the decision a relatively easy one for firms that realize there’s a significant advantage to being at Springline versus Sand Hill Road,” Presidio Bay’s K. Cyrus Sanandaji said. “The firms that are looking at Springline are absolutely the firms that would have otherwise ended up on Sand Hill Road.”

Two new additions are coming to Springline, joining Che Fico, Burma Love, Barebottle, Andytown and Chef Greg’s Canteen Next Door.

Presidio Bay Ventures breathed new life into this mixed-use development in downtown Menlo Park, taking it over in 2020 and steering the first phase to completion. The project includes 200,000 square feet of Class A office space in two buildings — delivered last year — 183 residential units, ground-floor retail, and underground parking for 942 vehicles. The office space is half leased to six tenants, while the retail space is 91% leased.

The developer, Presidio Bay, hopes to create a new dining hub to appeal to prospective tenants of this project being billed as a Sand Hill Road 2.0 venture capital center. Most of the announced restaurants are San Francisco businesses expanding to Silicon Valley; one, Canteen, is a local product.

Now under construction on the Peninsula is Springline, a 6.4-acre, mixed-use project that will bring residences, offices, outdoor space, retail businesses — and lots of restaurants — to Menlo Park.

The developer, Presidio Bay, hopes to create a new dining hub to appeal to prospective tenants of this project being billed as a Sand Hill Road 2.0 venture capital center. Most of the announced restaurants are San Francisco businesses expanding to Silicon Valley; one, Canteen, is a local product.

Springline, billed by developer Presidio Bay Ventures as “Sand Hill Road 2.0,” expects to fully open in summer 2022. By recruiting recognizable San Francisco and Bay Area food and beverage businesses to the development, developers hope to create a new dining hub on the Peninsula.

Springline and The Glade will promote meaningful moments of connection with thoughtful dog meet-ups and collaborations with local pet brands.

When fully open summer 2022, Springline will be a connected community filled with creative offices, modern hospitality-driven residences, destination dining and outdoor experiences all centered on a culture of innovation, exploration and new encounters. Situated in the heart of the Peninsula, Springline was designed to be a walkable city within a city to live, work, think, play, conveniently located adjacent to downtown Menlo Park and steps from the Caltrain Station.

In nearby Menlo Park, a slew of big-name restaurants and cafes are anticipated to open at Springline, a mixed-use development at 1300 El Camino Real, as reported by the San Francisco Chronicle. Among them are San Francisco restaurants Burma Love, Che Fico and Barebottle Brewing Co., which are slated to open throughout 2022.

Presidio Bay has secured several tenants at its Menlo Park development Springline, a 6.4-acre project that is scheduled to open later this year. The property features modern office space, restaurants, and hotel-style residences.

It appears the often-overlooked city of Menlo Park is about to get a new dining destination, and it is sure to attract interest from foodies in Silicon Valley. A new, mixed-use development called Springline, now under construction at 1300 El Camino Real between Valparaiso Avenue and Oak Grove Avenue, has just announced several exciting tenants with San Francisco cred.

Burmese, Italian, brewery and more are slated to open at Springline development at 1300 El Camino Real

6.4 Acre Menlo Park Mixed-Use Development by Presidio Bay Set to Fully Open ThisSummer as the Bay Area's Sought After Live, Work, Play Destination

Presidio Bay Ventures has now leased 60% of the office space and about 90% of the retail space in Springline, a project located near the city's Caltrain stop, according to the developer and CBRE, which handled leasing of the retail space.

The sprawling Springline development just announced some of its food lineup, with lots of local heavy hitters.

For a long time, downtown Menlo Park was a place where things didn't happen. A look through the Menlo Park Historical Association archives crammed into a basement room at the Main Library yields articles bout renewal plans dating to the late 1960s. Most of them never got off the ground amid public sentiment to maintain a residential, low-density vibe.

Menlo Park’s Caltrain stop doesn’t crack the top 10 of the commuter rail line’s busiest stations. But that could change once all of the transit-oriented developments near it are completed.

This List includes construction projects underway in San Matero County, Stanford and the city of Palo Alto in April 2021. SFO projects are not included and instead appear on our San Francisco Construction Projects List since the airport is technically part of San Francisco.

Downtown San Francisco’s existence today is a shell of the life it previously lived. It used to be: Traffic. Noise. People rushing to the office, to BART, out for food, all running past each other, often into each other, buried in their phones.

Funding for the arts is generally placed low on society’s list of priorities during economically challenging times. The coronavirus pandemic has significantly impacted the arts more broadly with the temporary closing of galleries, museums and performing arts venues across the country.

Presidio Bay Ventures has locked in its first two office tenants at Springline, the new 6.4-acre mixed-use development in Menlo Park. These include the sustainable workspace company, CANOPY, which will occupy approximately 20,000 square feet of the property at its southern office building...

Presidio Bay Ventures (“Presidio Bay”), a leading California-based commercial real estate investment firm, today announced its first two office tenants at Springline, the new 6.4-acre mixed-use development located in the heart of Menlo Park, Calif.

Seven months after taking over the largest downtown Menlo Park project in a decade, its new developer has done something its previous one couldn't — sign office tenants.

CBRE announced today that it has been awarded the listing of the retail component of Springline, a 6.4-acre mixed-use development in Menlo Park, Calif., by Presidio Bay Ventures (Presidio Bay), a leading California-based commercial real estate investment firm.

This past fall, San Francisco-based commercial real estate investment firm Presidio Bay Ventures took over the construction and stabilization of a critical mixed-use development in Menlo Park named Springline.

San Francisco-based Presidio Bay Ventures has taken over construction, lease-up and stabilization of the 6.4-acre mixed-use development, located at 1300-1302 El Camino Real and 550 Oak Grove Ave. in Menlo Park.

Menlo Park's largest downtown project in at least a decade has swapped developers. The development is now being overseen by San Francisco-based Presidio Bay Ventures, which has taken over the project from Menlo Park-based Greenheart Land Co.

Presidio Bay Ventures (“Presidio Bay”), a leading California-based commercial real estate investment firm, announced today that it has taken over the construction, lease-up, and stabilization of the 6.4 acre mixed-use development located at 1300-1302 El Camino Real and 550 Oak Grove Avenue in Menlo Park, Calif.

Presidio Bay Ventures has taken over the 6.4-acre mixed-use development at 1300 El Camino Real from Greenheart Land Co., Presidio Bay Ventures said Monday.