Lane Partners Seeks Input to Reimagine SRI’s Campus as Mixed-Use, Transit Village
MENLO PARK Calif. – Menlo Park-based Lane Partners announced a community planning process to modernize the Menlo Park headquarters of SRI International, a 75-year-old pioneering nonprofit research institute that creates world-changing solutions. Lane seeks Menlo Park’s help in the effort to reimagine the approximately 63-acre property into a new home for SRI and a new neighborhood for Menlo Park, which will be known as Parkline. Located adjacent to City Hall and Burgess Park and just a short walk from downtown and Caltrain, the site is ideally located to become an exceptional transit-oriented, mixed-use neighborhood with a strong emphasis on public access and use.
SRI’s origins on the campus date back to the 1940s, and the company’s headquarters has developed as a suburban campus over the more than seven decades since. SRI has selected Lane Partners to work with the community and develop a plan for the site’s future that will better benefit the greater community and help solidify SRI’s future in Menlo Park.
“We are ecstatic about embarking on this once-in-a-generation journey to create the type of inclusive, transit-oriented, mixed-use neighborhood that will help meet our city’s needs and advance Menlo Park’s thriving community,” said Mark Murray, principal at Lane Partners. “This plan will convert the current research campus in Menlo Park’s core into a new neighborhood that will welcome residents and serve to seamlessly connect Menlo Park together through a mix of public open spaces, community amenities, bike paths and walkable streets. In addition to modernizing SRI’s campus, the planning process will add much needed housing to help meet the city’s state-mandated housing goals.”
SRI was founded in Menlo Park in 1946 and has grown over the past 75 years into a pioneering research institute with a rich history supporting government and industry–delivering unique solutions for the world’s important challenges and transforming ideas into reality.
“SRI has been a fixture in this community since before Silicon Valley became a household name — we are proud to have deep roots in Menlo Park,” said William Jeffrey, chief executive officer at SRI. “We are excited about the opportunity to work with Lane Partners to modernize our facilities and transform our campus into a new neighborhood that will truly be connected with the Menlo Park community. With this redevelopment, we are excited to continue building on our long history of discoveries making people safer, healthier and more productive.”
As a first step, Lane Partners seeks the help of Menlo Park in evolving the design concept. The conceptual plan for Parkline is to create a park-like environment that facilitates personal interactions and recreational activities by reconfiguring the site to allow for ample open space interspersed by a network of bicycle and pedestrian paths that will open and connect the historically closed campus to the community.
The residential component is currently reserved for 10 acres on the western edge of the site along Laurel Avenue, which would provide for more convenient access to public transit, local businesses and restaurants. A minimum of 400 housing units at a range of affordability levels will help meet the City’s housing obligations while preserving more than 15 acres of publicly accessible open space.
The existing office and R&D area will be replaced one-for-one, ensuring that no additional square feet of office and R&D space are added to the site. The new buildings will be able to accommodate the needs of SRI and support a greater variety of tenants, all within a more highly sustainable footprint. At the same time the plan will seek to add new indoor and outdoor spaces that reflect the project’s emphasis on its natural setting–all with no increase in commercial office or R&D square footage.
Lane will also be looking for opportunities to add community-serving retail while enhancing connections to adjacent neighborhoods, transit and local commercial areas.
The community engagement process will begin with a series of public open houses scheduled in July to familiarize residents with the location and concept plans, and will continue throughout the planning process to ensure Parkline achieves its highest potential for SRI and Menlo Park.
About Lane Partners
Lane Partners is a commercial real estate developer founded and based in Menlo Park since 2005. Lane specializes in high-profile commercial and residential development projects across the San Francisco Bay Area, and has developed and managed projects from the Peninsula to Silicon Valley to the East Bay with particular emphasis in transit-oriented development sites.
About SRI International
SRI International creates world-changing solutions making people safer, healthier and more productive. SRI, a research center headquartered in Menlo Park, California, works primarily in advanced technology and systems, biosciences, computing and education. SRI brings its innovations to the marketplace through technology licensing, spin-off ventures and new product solutions.