February 13, 2017 – Burlingame, CA – International acclaimed developer, Kylli Inc.’s full scale, ground up development project in the Bay Area: Burlingame Point, officially broke ground today, on cue to become one of the largest office development sites in the history of the Peninsula real estate market.
The Burlingame Point office/R&D campus is located at 300 Airport Boulevard, Burlingame, California, situated on the Burlingame Waterfront, and will incorporate the world’s best design and technologies in a modern corporate campus.
Partners on the project include commercial real estate firm, Cushman & Wakefield, world renowned architect Gensler, and Hathaway Dinwiddie construction.
“Our vision is that Burlingame Point will not only be a world class destination for some of the Bay Area’s brightest minds to innovate, but it will serve as a catalyst for the region. Bringing new technology and life science companies that will lead the next generations of thinkers into the new century. As a result, we see the Burlingame Waterfront as the new center for Bay Area business, with many new and inspiring real estate project to follow,” said Mr. Xueqin Den, President-Kylli.
Q&A Mr. Xueqin Den (President-Kylli):
Why did Kylli choose to invest in Burlingame Point?
“The Burlingame Point development project was a rare opportunity to acquire a large-scale office and R&D development site on the Burlingame waterfront. Our investment approach is focused on best-in-class real estate opportunities in growth markets. We feel that the project site provides a one of a kind location, where Kylli’s vision of building a dynamic campus will create a destination location. Burlingame Point will become the new landmark for the Burlingame community.”
What are you goals and expectation for the Burlingame Point Campus?
“Our focus is to build high quality, best in class projects that are rich in amenities, beautiful architecture and landscaping to ensure that we can provide the best environment for Bay Area life science and technology companies to succeed. The Kylli group of companies has a diverse mix of services that can go above and beyond the typical landlord tenant relationship.”
What are Kylli’s plans for future investments?
“We established our presence in the Bay Area market with the acquisition of 225 Bush Street in San Francisco and now with the Burlingame Point development. Our strategy is to focus on acquiring select, large scale real estate investment projects in gateway markets like the Bay Area. Kylli has established the Bay Area as its home, therefore we expect to become a long-term fixture in the Bay Area real estate community.”
According to Mike Moran, Managing Principal, Cushman & Wakefield in Burlingame, The Burlingame Point project is the marquee next generation development in the Silicon Valley
“The San Francisco Bay Area is the leader in today’s disruptive technology and life science environments. Burlingame Point is attracting these institutional quality tenants who are looking for a cutting edge workplace in an exceptional environment. “We offer a scale and location that are unparalleled by other area projects and accordingly are seeing activity from local, national and international firms,” Mr. Moran said.
“Burlingame Point was conceptualized to take advantage of the environment and the bay. For our tenants, we will be providing exceptional onsite amenities with multiple restaurants, retail an on-site gym and day care. The significant Bayfront enhancement will provide much needed public access to the waterfront landscape with seating, the bay trail and ground floor retail. Burlingame Point is returning this site to community focus,” said Mr. Clarke Funkhouser, Senior Managing Director, Cushman & Wakefield.
“Burlingame Point is a project that prioritizes place making at a human scale, both for the public who visit the site and for the people who will use the buildings,” said Mr. Benedict Tranel, Principal at Gensler.
“We endeavored to create a project that connects people to each other through a pedestrian promenade that links the buildings, is activated by amenities, and directly fronts the water. We are very excited to see this project taking shape,” Mr. Ben Tranel, Principal, Gensler, said.
Design Details Include:
- The 767,000 sq. ft. Office/R&D development project will consist of four mid-rise office/R&D buildings ranging from five (5) to seven (7) stories, a two-story amenities building and a six (6) level parking structure.
- The two-story amenity building at the entrance of the site, is acutely designed to focus people toward the water, providing complete public access to a host of amenities including child care, a fitness center, restaurants, and outdoor terraces.
- Connecting people to the waterfront, a car-free pedestrian promenade will run the length of the site, drawing people to the landscape and the bay.
- The promenade gesture is further supported through the introduction of outdoor terraces in each office building, creating a truly unique indoor/ outdoor tenant experience.
Speakers at today’s breaking ground ceremony included: Ricardo Ortiz, Mayor of Burlingame; Benedict Tranel, Principal at Gensler; Ed Conlon, Vice President of Hathaway Dinwiddie; Kylli Executives; and Mike Moran, Managing Principal, Executive Managing Director, Cushman & Wakefield in Burlingame as Master of Ceremonies.
For more information about Burlingame Point, visit www.burlingamepoint.com
About Kylli Inc., Genzon Investment Group
The Kylli real estate division is a full-service real estate investment management company focused on the acquisition, development and management of institutional quality assets in the western United States. With a focus on large scale investment and development projects, Kylli leverages its relationships and project partners to deliver best-in-class real estate services. As a wholly owned subsidiary of the Genzon Investment Group, Kylli benefit’s from long standing relationships with some of the world largest professional organizations.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 43,000 employees in more than 60 countries help investors and occupiers optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
Gensler is a global architecture, design, and planning firm with 46 locations and more than 5,000 professionals networked across Asia, Europe, Australia, the Middle East and the Americas. Founded in 1965, the firm serves more than 3,500 active clients in virtually every industry. Gensler designers strive to make the places people live, work and play more inspiring, more resilient and more impactful.
About Hathaway Dinwiddie
Hathaway Dinwiddie is one of the most respected construction companies in California. In celebrating more than 100 years of service, we take pride in having helped the nation’s premier corporations and institutions develop signature buildings and customized tenant improvements throughout California.
Hathaway Dinwiddie’s leadership in the California construction industry is built upon a belief that the professionalism and dedication of our employees, combined with the integrity of our client relationships, will continue to be the cornerstone of our success. This belief has engendered a management style that integrates client focus, innovative thinking, teamwork and leadership to deliver better projects. This attitude is rewarded in that the majority of our work is for repeat clients.