CANOPY Leases 20,000 SQFT in Presidio Bay Ventures’ Springline in Menlo Park

CANOPY, Silicon Valley, Menlo Park, Presidio Bay Ventures, Springline,

CANOPY’s Elevated Offices Form the Centerpiece of Silicon Valley’s “Sand Hill 2.0” at Springline

MENLO PARK (November 1, 2022) – CANOPY, the most elevated, design-driven shared workspace today announced the opening of their new location in Menlo Park at Springline.

CANOPY Menlo Park combines flexible membership options with unparalleled hospitality-inspired services–including an integrated, chef-driven coffee shop concept, a first for the brand. The 20,000-square-foot space, designed by CANOPY co-founder Amir Mortazavi of Studio Mortazavi, is located at 1300 El Camino Real at Springline, the new 6.4-acre mixed-use project developed by Presidio Bay Ventures (“Presidio Bay”) and hailed as “Sand Hill Road 2.0.” This is the fourth Bay Area location for CANOPY, which was founded by Steve Mohebi, Amir Mortazavi, and Yves Béhar in 2015.

“CANOPY workspaces are designed for top talent to flourish, not only within their own organizations but by immersing themselves in a well-designed entrepreneurial ecosystem,” said Steve Mohebi, CEO and co-founder of CANOPY. “As the world continues to speculate about the future of office, we are confident that CANOPY’s thoughtful balance of aesthetics and functionality paired with flexible membership terms creates the ideal workspace that solves the challenges of the prevailing hybrid work model.”

Striking, sustainable design at its corePresidio Bay and CANOPY Menlo Park designer Studio Mortazavi planned the space to bring beauty from the outside in. More comparable to a five-star hotel than a traditional office, the space’s interior is built to last, while enhancing productivity with elegantly ergonomic Herman Miller furniture and abundant natural light. Sustainability extends into the engineering, with the utilization of solar and carbon offsets, state-of-the-art air handling systems, and eco-conscious office materials.

From the green and brown foliage of the Santa Cruz Mountains to the clay roof tiles and stone walls of Stanford University, CANOPY Menlo Park translates the neighborhood’s surrounding beauty into a vibrant office environment. Throughout the space, members are immersed in clay and wicker textures in terra-cotta tones, with decor elements sourced from across the globe.

“In today’s hybrid work environment, it’s crucial that our workspaces provide an elevated experience that cannot be replicated by a home office,” said Yves Béhar, internationally acclaimed designer and CANOPY co-founder. “At CANOPY, our commitment to exquisite and functional design features unmatched amenities within a unique office model. Canopy creates the ultimate work experience for our members, fulfilling the needs of both employees and employers.”

An amenitized space in an amenitized place CANOPY Menlo Park members have complimentary access to exceptional amenities including a full-time, full-service concierge, a prestigious programmed events schedule, and a heated and misted private garden workspace.

With deep roots in the Menlo Park community, Chef Greg Kuzia-Carmel will helm Canteen Coffee Shop housed within CANOPY. Chef Kuzia-Carmel is a nationally pedigreed chef who previously served as a chef at Michelin-starred restaurants Per Se in New York, NY, and Quince in San Francisco, CA and most recently is the chef/owner of Camper in Downtown Menlo Park. Creating a fresh, ingredient-driven café menu with coffee shop classics, the Canteen Coffee Shop team has tapped Sightglass Roasters for the coffee offerings and provision highlights include housemade pastries, a Persian herb quiche, and a smoked salmon sandwich with everything spiced cream cheese, among other menu offerings.

CANOPY members will reap the benefits of the wider Springline development with amenities including nine chef-driven restaurant concepts, a fully-equipped fitness center, a golf simulator, an entertainment lounge, a community dog park, and nearly two acres of public outdoor space. The walkable neighborhood is home to 183 modern apartment residences, bringing the mixed-use community to life with constant energy and activity.

“In Presidio Bay, we have found a partner that, like us, is focused on curated design, in-demand amenities, and sustainability,” said Amir Mortazavi, co-founder of CANOPY and founder of Studio Mortazavi. “Our Springline location is surrounded by the unmatched amenities and incredible energy of this neighborhood–a perfect formula that we will continue to emulate as we expand around the country.”

The future of trophy office: high design plus flexibilityWith nearly 100 billion square feet of office space in the United States, CANOPY has distinguished itself by filling a gap in the current office market with tailored, trophy office spaces that provide development partners with stability and members with flexibility. Ahead of its November opening, CANOPY’s Springline location had already attracted innovative companies including Ten VC, Elementum VC, and SmartTab.

To meet the market need, CANOPY has developed a variety of workspace options. While executive suites and private offices for up to 14 people make up the majority of the Menlo Park footprint, CANOPY also features shared table and personal desk options with lockable storage and designated bookshelves.

About CANOPY

CANOPY centers on the premise that office environments affect how we think and feel, and ultimately, deeply influence our work. Founders Yves Béhar, Steve Mohebi, and Amir Mortazavi created CANOPY to offer luxurious, design-forward workspaces emphasizing sustainability, creativity, and productivity—places that foster collaboration and discussion, where ideas are generated and shared. CANOPY is headquartered in San Francisco, California, and currently operates four locations across the Bay Area within the Financial District, Pacific Heights, Jackson Square, and now, Menlo Park.

About Presidio Bay Ventures

Presidio Bay Ventures is a commercial real estate investment and development firm focused on the design, construction, and long-term operation of a diverse set of product types for private and public sector tenants across the United States.

Headquartered in San Francisco, the firm is committed to holistic innovation that fosters occupiers’ environmental, social and governance (ESG) goals. Presidio Bay’s primary expertise is in new construction and major renovation of complex, mid to large-scale office buildings, mixed-use urban infill multifamily communities, industrial distribution centers, and other special-use facilities. Presidio Bay has developed projects totaling 3,900,000 square feet of new construction and adaptive reuse valued at nearly $3.3 billion across the United States and its outlying territories.  

About Springline

Conveniently located just steps from the Caltrain Station and adjacent to downtown Menlo Park, Springline is bringing new energy to the heart of Silicon Valley through hospitality-driven modern residences, a dynamic culinary roster, and creative offices for growing businesses and entrepreneurs. The 6.4-acre mixed-use development by San Francisco-based developer Presidio Bay is fostering a new generation of innovation and exploration where the Bay Area’s brightest live, work, and dine. The development was already awarded The San Francisco Business Times’ Real Estate Deal of the Year 2022.

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