The Nueva School Receives Design Approval to Build New Campus at Bay Meadows

SAN MATEO, Calif. – January 3, 2012 – On December 11, 2012, the San Mateo City Planning Commission granted SitePlan and Architectural Review (SPAR) approval to The Nueva School’s new high-school campus at Stockbridge and Wilson Meany’s Bay Meadows, California’s largest Transit Oriented Development (TOD).  Designed by architectural firm Leddy Maytum Stacy Architects, the new high school will sit on 2.76 acres near the northeast corner of the Bay Meadows development. The school will include classroom space, labs, a 425-seat theater, a gymnasium, and an underground parking garage.

The SPAR approval comes at an exciting time for Bay Meadows and for The Nueva School. Residential construction is under way at the development, which is a joint venture of Stockbridge Capital Group and Wilson Meany. The Bay Meadows Welcome Center is slated to open spring 2013, with real estate sales launching shortly thereafter.

The Nueva School’s new high school will commence with its first class in fall 2013 at temporary facilities and will officially open at Bay Meadows in fall 2014.

“The SPAR approval for Nueva, a globally recognized leader in PreK-8 education, means Bay Meadows is one step closer to bringing this high school to this vibrant, new, mixed-use community,” said Chris Meany, partner at Wilson Meany. “Bay Meadows’ dedication to sustainable building practices and design is a perfect fit for Nueva, as the school applies the same thoughtful design principles to its LEED Gold-certified PreK-8 campus, creating a physical space that encourages learning, community and sustainability. This entire development is a testament to our advanced approach to living and working in the Bay Area.”

Ideally located on one of the most transportation-accessible sites on the Peninsula, Bay Meadows is directly adjacent to the Caltrain Hillsdale Station and served by SamTrans bus service, allowing a unique opportunity for students, faculty, staff, and visitors to take public transportation directly to school.

“This expansion is another step in fulfilling the strategic plan approved by The Nueva School Board of Trustees in October 2011,’’ said Diane Rosenberg, Executive Director of The Nueva School. “We are delighted to have received the SPAR approval from the Planning Commission and to have the opportunity to build Nueva’s new high school in San Mateo. We look forward to working with the community to create a center of academic innovation and community partnership.”

With The Nueva School’s innovative approach to education, opportunities for student interaction with Bay Meadows abound. The Nueva School’s student internship programs will be bolstered by potential collaborations with the future commercial tenants located at Bay Meadows Station, the largest new, LEED Gold, Class A development on the San Francisco Peninsula. In addition, an extraordinary, interpretive landscape will extend from the western edge of the campus into the adjacent park, modeling San Mateo’s diverse ecologies – from redwood forests to bay wetlands – providing abundant opportunities for observation, appreciation, research and stewardship. The school campus will include a variety of outdoor spaces, such as contemplative study areas, inviting activity courts and inspiring and educational gardens, further enhancing daily connections to the design of Bay Meadows and the community of San Mateo.

Bay Meadows: Comprehensive Sustainability
Bay Meadows will be a comprehensively sustainable transportation-centered pedestrian village mid-way between San Francisco and Silicon Valley, designed with state-of-the-art buildings redefining a new walkable urbanism. As a TOD, Bay Meadows’ sustainable initiatives will allow residents a dramatic reduction of car trips. In addition, construction and design are as energy-efficient as possible – minimizing fossil-fuel consumption, recycling of concrete and asphalt, replanting trees, employing advanced storm-water systems and using sustainable materials.

“We are committed to designing a sustainable community, which includes thoughtful planning, distinct architecture and building practices that ensure all buildings are constructed using LEED or Green Point Rated criteria,” said Meany. “Thinking holistically about Bay Meadows and sustainability will create a unique community for people to live and work.”

Enhancing the overall green environment of Bay Meadows are three public parks, totaling 15 acres, a community garden, and various open spaces throughout the property. The completed TOD will include housing, employment opportunities, Main Street retail and recreation. The final development will include 1,116 residential units, up to 1.5 million rentable square feet of office space and approximately 90,000 square feet of retail space. With onsite amenities such as healthcare, childcare, financial services, and dry cleaning, Bay Meadows is designed for how people want to live now.

About Stockbridge
Stockbridge Capital Group, LLC (“Stockbridge”) is a real estate investment management firm and Registered Investment Advisor founded in 2003. The firm and its affiliated advisor manage both commingled funds and separate accounts, primarily on behalf of institutional investors, and also provide strategic advisory services with respect to real estate assets and portfolios. Stockbridge manages investments across the investment risk spectrum, including core, value-added and opportunistic strategies. Stockbridge and its affiliated advisor have approximately $5.2 billion of assets under management (as of September 30, 2012) spanning all major real estate property types throughout the United States. The firm provides a full complement of expertise in acquisitions, dispositions, portfolio & asset management, finance, capital markets and accounting & reporting. Stockbridge is headquartered in San Francisco with offices in Chicago, New York and Atlanta. For more information visit www.sbfund.com

About Wilson Meany
Wilson Meany is a privately owned real estate investment and development firm focused on urban infill locations in the Western United States. Wilson Meany brings more than 35 years of experience to its mixed-use, residential, retail and office developments, all of which reflect the company’s commitment to integrity, innovation and quality, including San Francisco’s renowned Ferry Building. Founded in 2003, Wilson Meany and its predecessor entities have long been recognized among the most respected and consistently successful investment and development firms in the San Francisco Bay Area. Collectively, Wilson Meany’s partners and professionals have developed over 10 million square feet, including some of the most innovative and distinctive properties in California. For more information visit www.wmpartners.com

About The Nueva School
Located in the San Francisco Bay Area, The Nueva School is a nationally recognized independent school serving high ability students and emphasizing integrated studies, creative arts, and social-emotional learning. For more than 45 years, Nueva has remained committed to its original vision: to inspire a passion for lifelong learning, foster social and emotional acuity, and develop a child’s imaginative mind. Nueva provides a dynamic educational model to enable high ability children to learn how to make choices that will benefit the world. Nueva’s new high school, a vision 40 years in the making and the product of more than four years of focused research and development, will be a model program for 21st century learning and innovation.  For more information about Nueva and its new high school program, please visit www.nuevaschool.org

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