92-Unit Hotel Proposed Near Downtown Redwood City

Peninsula, Redwood City, Silicon Valley, San Francisco, Fremont, Vinters Distributors, Kmart, Kohl’s, Bay Area, Arris Studio Architects, RWC Hospitality, Atlas Hospitality Group, San Mateo, Menlo Park
Image Credit: Arris Studio Architects

By Meghan Hall

Located midway up the Peninsula, Redwood City is emerging as a business hub in its own right as companies expand north out of Silicon Valley and South from San Francisco. This has led to a number of new development projects, including a 92-key hotel proposed by Fremont, Calif.-based Vinters Distributors, Inc. at 690 Veterans Blvd. The four story, 82,960 square foot building would replace an existing gas station currently on the site.

In addition to 70 parking spaces, hotel amenities include a fitness center, limited service dining, bar, courtyard patio and roof deck. 690 Veterans is located just outside of downtown Redwood City and is near several shopping centers anchored by Kmart and Kohl’s. The project site is also easily accessible from Highway 101 and El Camino Real.

According to its website, Vinters Distributors was founded by Nick Goyal in 1995. Between 1995 and 2007, Vinters built a fleet of more than 25 locations throughout both Northern and Southern California. The company is family owned and operated, and works as a branded retailer of fuels throughout the Bay Area.

The architect on the project is San Luis Obispo-based Arris Studio Architects. The building will be clad in a smooth, white stucco finish, while colored fiber cement panels of varying widths will be applied around the building’s windows as an accent. A colored glass tower at the corner of the property will anchor the building and corrugated metal siding will be used at a recess in the building’s façade as an additional accent. A canopy wrapping element will separate the ground floor from the upper levels as well. The proposed colored palette includes teals, grays and whites.

According to Redwood City’s Planning and Development website, the project application are not yet complete, and no meetings to review the project have been scheduled at this time. Before breaking ground, 690 Veterans will need to go through the environmental design review and public hearing process.

The proposed project is not the only one in the works in Redwood City; a 112-key hotel planned for downtown at 1690 Broadway was recently approved after completing the environmental review process. Proposed by San Mateo, Calif.-based RWC Hospitality, LP, the future hotel will be a Holiday Inn Express & Suites geared toward business travelers. While there are ten commercial projects from residential to office under construction in Redwood City, there are currently no hotel projects that have broken ground.

The San Francisco Bay Area hotel market is particularly strong, with hotel development occurring across the region as major employers continue to attract top talent and drive the local economy forward. Hotel development will continue to surge throughout the year, according to Atlas Hospitality Group’s California 2018 Year-End Development Survey, the most recent data available. San Mateo County, where Redwood City is located, saw four hotels with 561 rooms open last year, the largest being the 250-room Hotel Nia in Menlo Park. The second largest completion in the county was San Carlos’ new Residence Inn at 204 rooms. The Park James Hotel in Menlo Park and the Best Western Plus in Half Moon Bay came in at third and fourth with 61 rooms and 46 rooms, respectively.

Four hotels in the county are currently under construction and will total an additional 718 rooms once completed. Additionally, San Mateo County has 28 hotels and 3,540 reported rooms in planning, an 11 percent increase over 2017, and according to Atlas Hospitality, market indicators point toward a healthy increase in hotel supply throughout the region over the course of the next 12 to 36 months.

West Coast Commercial Real Estate News