1548 Maple
In 2016, Strada entered into an option to acquire a vacant Maple Street parcel in Redwood City in an off-market…
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1548 Maple
Redwood City, CA
Residential
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Asset Type
Residential Development
Size
8.3 acres
Partner
Private Equity Fund
Status
Exited
In 2016, Strada entered into an option to acquire a vacant Maple Street parcel in Redwood City in an off-market transaction.
Strada successfully re-entitled the site for 131 for-sale townhomes which required a full re-zoning of the Property consistent with the City’s General Plan. After ongoing community outreach and negotiation of a Development Agreement with City staff, the Project won unanimous approvals at both the Redwood City Planning Commission and City Council in 2018.
The Project will deliver substantial public improvements including a bay front park and kayak launch, an extension of the San Francisco Bay Trail, as well as key infrastructure improvements along with much needed on-site affordable housing.
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