By Meghan Hall
Tarlton Properties is making progress on entitlements for a new, five-story research and development building in Menlo Park. In April, the City published its environmental impact report for the project, a major milestone in the approvals process. The building is part of the greater Menlo Park Labs Campus, which includes undeveloped and vacant land.
Project materials show that Tarlton’s focus is on Lot 3 North, located at 1350 Adams Court. There, the developer plans to add 255,000 square feet of R&D/life science space, which once complete could accommodate about 650 employees. Parking would also be constructed underground and include 706 parking spaces.
Additionally, Tarlton plans to add 109,020 square feet of open space, of which 62,220 square feet would be private. The remainder would serve as public open space, per project documents. A patio and large outdoor deck on the second floor of the building would include outdoor furniture, seating areas, planters and green space.
For the project to proceed, the environmental impact report will need to be finalized and approved by City officials. A Master Use Permit, below market rate housing agreement and other land use entitlements will also need to be secured before Tarlton Properties can break ground. Public documents indicate that construction would occur in six phases, taking about a year and a half.
On the whole, Menlo Park Labs spans 50 acres and 18 buildings with 1.4 million square feet of life science, medical device and office space. Its tenants include Pacific Bioscience, Personalis, Octave Bioscience and others. Amenities include a conference center, volleyball and tennis courts, urban beehives and a cafe.
Also nearby is Meta’s headquarters, the Menlo Park VA Medical Center, and Google’s Bay View Campus. The Dumbarton Bridge, providing access to the Bay Area’s East Bay, is also not far away.
Currently, Tarlton owns and manages more than 2.8 million square feet of Class A life sciences and mixed-use properties across the San Francisco Bay Area. In addition to Menlo Park Labs, the company also owns Hayward Labs, which totals 295,000 square feet, Peninsula Labs, at 250,000 square feet, and Portage Avenue in Palo Alto at 68,000 square feet. The company, which has been in business for more than 30 years, pursues not just development, but construction and property management as well.
As of this writing, Tarlton Properties had not yet returned The Registry’s request for comment.