THECREBriefProperty Strategy

Topic coverage

menlo park

Source-backed reporting and analysis from The CRE Brief.

  1. September 12, 2026Menlo Park: Measure P certified for Nov. 3; Council to review three developer responses for Downtown Parking Plazas 1–3Measure P qualified for the Nov. 3, 2026 ballot. Menlo Park staff posted three developer responses to the Downtown Parking Plazas 1–3 RFP and scheduled a Council review plus a city financial analysis in September 2026. Passage of Measure P would require voter approval before conveyance or lease that reduces parking availability, affecting timing and structure of any public–private deal for the plazas.
  2. September 7, 2026Menlo Park Parking Plazas 1–3 RFP: three developer responses, Council review set for Sept. 2026; Measure P heads to Nov. ballotCity staff advanced an RFP-driven selection process for downtown Parking Plazas 1, 2 and 3 with three developer proposals on file and a July 14, 2026 staff update that set a September 2026 Council step to review financial analysis and summaries. A local campaign produced Measure P for the Nov. 3, 2026 ballot; voter approval will determine whether the City proceeds.
  3. August 26, 2026Menlo Park: Study session held Aug. 24 on proposed USGS (SRI-era) campus master plan — application incompleteMenlo Park convened a Planning Commission study session on Aug. 24 for a proposed master plan to redevelop the former USGS/SRI campus (1005 O'Brien Dr / 1320 Willow Rd). The city noted the application remains incomplete. Separately, the San Mateo County Planning Commission held its Aug. 26 hearing, where Housing Element rezoning materials are on the docket — a reminder that both city- and county-level land-use processes remain active across the Peninsula.
  4. August 24, 2026San Mateo County assessment roll reaches $357.6B as major projects cluster in three citiesThe 2026–27 roll grew 4.85%, while Redwood City, South San Francisco, and Menlo Park lead the county’s concentration of large commercial projects.