Bay Meadows Announces Grand Opening of New Canterbury Neighborhood

TRI Pointe Homes Opens Model Townhomes at Progressive Urban Village in San Mateo

SAN MATEO, CA – As the Bay Area housing market remains robust, Wilson Meany and TRI Pointe Homes announce the grand opening of Canterbury, the third residential community at the thriving Bay Meadows urban village in San Mateo. Three models in this 76-townhome collection will be opened on Saturday, June 21st at Canterbury, located across from Paddock Park in the 83-acre mixed-use village, offers two-, three- and four-bedroom, three-story homes. The public is invited to the grand opening at 2923 Baze Road where festivities from 1 to 3 p.m. will include refreshments, music and family activities.

Nearly a quarter of Canterbury homes have been sold in presale releases. TRI Pointe Homes also developed the popular Amelia neighborhood at Bay Meadows, which sold out of its 63 homes last month, illustrating not only the region’s hot housing market, but also homebuyer desire for a spacious, pedestrian-friendly neighborhood. Adjacent to the Hillsdale Caltrain station and with shops, restaurants and offices a walk or bike-ride away, Bay Meadows boasts the sustainable lifestyle that more homeowners seek.

“Tri Pointe Homes has created beautiful new homes at Canterbury that reflect Bay Meadows’ vision for an urban experience rich in amenities and mobility-options,” said Janice Thacher, partner at Wilson Meany. “With hundreds of families already residing at Bay Meadows, it’s a community brimming with activity that is also in great demand.”

While those interested in purchasing a home at Canterbury will need to pre-qualify for the next sales release, the models will be open to all visitors. Canterbury homes will be ready for move-in starting this August.

“We’re excited to welcome the public to see the unique opportunity available at Canterbury,” said Carrie Newbery, vice president of sales and marketing at TRI Pointe Homes. “Lushly planted courtyards. Porches and patios overlooking the streets and paths that thread through the community. Spacious, thoughtful design, to say nothing of its location in the heart of the Peninsula; Canterbury homes won’t stay on the market long.”

Canterbury joins the already completed Amelia and Landsdowne neighborhoods at Bay Meadows, which are full of new homeowners. In addition to residents, hundreds of visitors from throughout the region are enjoying Bay Meadows’ parks and playgrounds. Soon, the developers will open Persimmon Park, a 99-bed community garden. Other buildings nearing completion include Field House, a 108-unit apartment community; Brightside townhomes; and Nueva School.

ABOUT BAY MEADOWS
Bay Meadows was designed to give homeowners the luxury of pulling into their driveway on Friday evening and not have to drive again for the weekend. Whether they need groceries, want to enjoy a picnic in a gorgeous 12-acre park, plant heirloom tomatoes in the community garden, or hop on a train for a night out in San Francisco, residents can do it all car-free. They are also able to wake Monday morning and walk down the block to catch a train to an office in Silicon Valley, San Francisco or any destination served by Caltrain. Or, they can walk to work at the adjacent LEED-certified office buildings. Bay Meadows truly brings the concept of a “forwardly mobile” lifestyle to the Bay Area.

The Bay Meadows’ plan includes more than 1,100 units of housing, 1.5 million square feet of LEED-certified office space and 18 acres of parks. The community’s Delaware Street is envisioned as a social hub, an intersection of work and play that inspires spontaneity and interaction. This urban village represents the new downtown-style and environmentally-friendly living that residents and workers increasingly seek. In addition, Bay Meadows’ state-of-the-art construction and design are as energy-efficient as possible – minimizing fossil-fuel consumption, recycling concrete and asphalt, replanting trees, employing advanced storm-water systems and using sustainable materials.

About Wilson Meany
Wilson Meany is a privately owned real estate investment and development firm focused on urban infill locations in the Western United States. Wilson Meany brings more than 35 years of experience to its mixed-use, residential, retail and office developments, all of which reflect the company’s commitment to integrity, innovation and quality, including San Francisco’s renowned Ferry Building. Founded in 2003, Wilson Meany and its predecessor entities have long been recognized among the most respected and consistently successful investment and development firms in the San Francisco Bay Area. Collectively, Wilson Meany’s partners and professionals have developed over 10 million square feet, including some of the most innovative and distinctive properties in California. For more information visit www.wilsonmeany.com.

About TRI Pointe Homes
Founded by real estate industry veterans, TRI Pointe Homes is guided by an unwavering commitment to think, renew and inspire. Insightful thinking — anticipating and encompassing all the events and needs of the individuals and families who will live in a TRI Pointe home — is demanded. A passionate desire to renew a sense of belonging by creating spaces that invite both energized interaction and peaceful solitude is critical. And an ability to inspire the hundreds of experts who are involved in building TRI Pointe communities to take pride and care in their craftsmanship is essential to satisfying every homeowner’s highest expectations. TRI Pointe Homes’ core values of quality, integrity and excellence are the driving forces behind innovative designs that connect with the individual. For more information, visit www.TRIPointeHomes.com/NorCal.

West Coast Commercial Real Estate News