The Future of the Peninsula: 7 Major Projects Shaping Our Communities 🏗️

01/22/26

The landscape of the Peninsula and South Bay is evolving rapidly, with several transformative projects set to bring thousands of new homes, innovative lab spaces, and vibrant public hubs to our neighborhoods. Whether you are a long-time resident or looking to move to the area, these developments represent the next chapter of Silicon Valley living. 🌟

Here is a look at the major projects currently reshaping our local skyline:

1. ELCO Yards | Redwood City & San Carlos 🌿

Located at 1601 El Camino Real, this massive 8.3-acre downtown district is a true game-changer.

  • Impact: Features 540 new homes and 530,000 square feet of state-of-the-art lab space.
  • Community Bonus: Includes a new public greenway for the community to enjoy.

2. Vasara | Atherton & Menlo Park 🏙️

Formerly known as Menlo Portal, Vasara is a 3.2-acre mixed-use project situated near the Meta campus at 104-110 Constitution Drive and 115 Independence Drive.

  • Impact: This development will introduce 335 apartments to the area.
  • Community Bonus: The site includes a public plaza and 35,000 square feet dedicated to office and retail space.

3. Woodside Town Center | Woodside & Portola Valley 🏘️

The Woodside Town Center Area Plan Update aims to modernize the 17-acre village hub while honoring its past.

  • Impact: The plan introduces new housing and improved parking facilities.
  • Community Bonus: Residents can look forward to enhanced amenities that preserve the town’s unique historic character.

4. 3150 El Camino Real | Palo Alto & Los Altos 🏠

Taking over the former Fish Market site, this seven-story development is a significant addition to the Palo Alto housing stock.

  • Impact: The project will offer 368 apartments, including 74 designated as affordable units.
  • Community Bonus: Features two levels of underground parking to keep the streetscape clear.

5. Village Center Master Plan | Sunnyvale & Mountain View 🛍️

This ambitious plan breathes new life into seven shopping centers by converting them into vibrant mixed-use hubs.

  • Impact: A total of 1,210 new homes are planned across these sites.
  • Community Bonus: The revitalization includes 630,000 square feet of commercial space to support local business.

6. Patrick Henry Drive Specific Plan | Cupertino & Santa Clara 🚈

Located at 1400 Coleman Avenue, this project transforms a 170-acre industrial area into a high-density residential neighborhood.

  • Impact: It has the potential to add up to 12,000 new homes.
  • Community Bonus: The plan prioritizes connectivity with new parks and improved transit links.

7. Almaden Villas | San Jose 📚

Located at 1747 Almaden Road, this 3.4-acre development focuses on community services and senior living.

  • Impact: Provides 178 senior apartments and 6,000 square feet of retail space.
  • Community Bonus: A standout feature is the inclusion of a brand-new 10,000-square-foot public library.

🔑 Ready to Make Your Next Move?

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Brett Caviness // DRE01935984
Don Straub // DRE01896844
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