Informed by extensive community engagement, Longfellow’s project will transform an outdated office park into a world-class life science destination
Redwood City, CA (June 7, 2022) – Longfellow Real Estate Partners (Longfellow), the largest privately held investor and developer of life science buildings in the United States, submitted a project application to Redwood City for Redwood LIFE: Evolve, an ambitious modernization proposal that seeks to evolve an outdated 84-acre office park at the edge of Redwood Shores into a premier life science campus.
The carefully phased development being proposed will have approximately 3.3 million square feet including state-of-the-art lab and innovation office space, a 104-room hotel, a 46,000 SF Amenity Center with a 1,400 SF dedicated community space, and over 47 acres of green spaces and trails, including four new parks, that will provide enhanced recreational opportunities and gathering spaces for neighbors and tenants. At full build-out, the project will transform acres of asphalt to green space and landscaping by reducing 97% of surface parking and increasing open space by 163%.
“Longfellow fundamentally believes in making long-term investments in our communities, which is exactly why we have been working with community stakeholders and neighbors for nearly two years to inform this proposal,” said Peter Fritz, Senior Director of Development at Longfellow. “The resulting project application proposes a campus that will attract world-class life science companies while bringing extensive community and economic benefits to the region. We look forward to continuing to work with the community throughout this process.”
Over the last two years, Longfellow has engaged hundreds of community stakeholders and neighbors in a variety of ways – through open houses, community meetings, and virtual office hours – to help shape the project. Redwood LIFE: Evolve will bring equity-centered community benefits that align with Redwood City’s Strategic Priorities for Children and Youth, Transportation, and Housing. The project will also support the long-term economic vitality of Redwood City and San Mateo County by attracting top life science companies that will create thousands of good-paying jobs.
Redwood LIFE: Evolve will promote and accelerate environmental sustainability by replacing outdated buildings with a modern, all-electric campus designed to meet LEED Gold standards. Central to the Redwood LIFE: Evolve plan is advancing Redwood City’s sustainability goals by increasing renewable energy, using native landscaping to reduce outside water usage by 50%, and restoring natural habitats along the water’s edge. Longfellow will invest in sea-level rise resiliency by providing necessary levee improvements along the slough and work with regional partners to strategically address sea-level rise in Redwood Shores.
Redwood LIFE: Evolve also presents an opportunity to meaningfully invest in Redwood City’s affordable housing inventory over the course of the phased development. Longfellow is committing to invest $85 million – over $30 million more than the required impact fee – to support the creation and preservation of affordable housing through key partnerships with local community nonprofit developers Eden and HIP Housing.
The submittal of the project application kicks off an entitlements period that will be overseen by Redwood City. After the City reviews the project application, the City will hold public scoping meetings, during which members of the public can provide feedback on areas of study for the upcoming environmental review. To stay informed about this transformational project, sign up for the Redwood LIFE: Evolve newsletter, visit the Redwood LIFE project website, or visit the Redwood City’s Planning Department website.
About Longfellow Real Estate Partners
Longfellow Real Estate Partners is the largest private life science real estate services firm in the United States. The firm’s portfolio spans nearly 15 million square feet of laboratory and technology space, concentrated in the nation’s top markets for bio-innovation on both coasts including Boston-Cambridge, New York City, San Diego, San Francisco Bay Area, the Research Triangle of North Carolina, along with the firm’s expansion to the United Kingdom. Longfellow acquires and develops facilities in strategic locations and builds long-term relationships with research-centric organizations including life science companies, universities, medical centers, and research institutes. The firm’s institutional capabilities and entrepreneurial vision enable Longfellow to deliver high-quality laboratories and innovation space while satisfying each customer’s unique requirements. For more information visit https://lfrep.com.
About Redwood LIFE: Evolve
Redwood LIFE: Evolve is a proposal by Longfellow to evolve an outdated office park into a premier life science campus that thoughtfully engages its ecology and community. The carefully phased development will have approximately 3.3 million square feet including R&D space (laboratory and office), a 104-room hotel, community accessible amenities including a dedicated community space within a centrally located 46,000 SF Amenity Center, and 47 acres of green spaces and trails that will provide new recreational opportunities and gathering spaces for the community and tenants. To learn more, please visit https://redwoodlifeevolve.com/.