Cushman & Wakefield Leasing Brokerage/Gensler Lead Architect/ Hathaway Dinwiddie Construction
February 13 2017
International acclaimed developer, Kylli Inc.’s first full scale, ground up development project in the Bay Area: Burlingame Point, officially broke ground today, on cue to become one of the largest office development sites in the history of the Peninsula real estate market.
With a projected completion date of December 2018, the Burlingame Point office/R&D campus is located at 300 Airport Boulevard, Burlingame, California, situated on the Burlingame Waterfront, and will incorporate the world’s best design and technologies in a modern corporate campus.
Partners on the project include commercial real estate firm, Cushman & Wakefield, world renowned architect Gensler, and Hathaway Dinwiddie (GC) construction.
Amy Tian, from Kylli, said the company was excited its first development project in the Bay Area market would be Burlingame Point.
According to Mike Moran, Managing Principal, Executive Managing Director, Cushman & Wakefield in Burlingame, the project is likely to attract institutional quality tenants that are located both in the Bay Area and wanting to be in the Bay Area.
“Burlingame Point is considered the gateway market to the Bay Area from a national and international perspective. It is the gateway to the Bay Area commercial real estate office markets and technology markets. This proximity is very appealing to prospective tenants,” Mr. Moran said.
“Another attractive drawcard to the project relates to the amenities. Burlingame Point is an amenity laden project. In particular, the on-site gym and multiple restaurants. Burlingame Point is also on the Waterfront and on the Bay Trail – all key components to the environment appeal,” Mr. Moran said.
Benedict Tranel, Principal at Gensler, said the firm was engaged to create a dynamic campus that would be a catalyst for future tenants, and transform an underutilized gem into an active hub for professionals as well as the local residents. “The Gensler design team took inspiration from the San Francisco Bay and in particular the dynamics of light and water to inform the design concepts. Continuing a contextual approach, the shape of each building is articulated by the prevailing wind patterns, creating a distinct shape for each structure,” Mr. Tranel said. “Every aspect of the site is driven by a sense of humility to the surrounding environment, beckoning people’s attention to the Bay.”
Some design details include:
· The 767,000 sq. ft. Office/R&D development project will consist of four mid-rise office/R&D buildings ranging from five (5) to seven (7) stories, a two-story amenities building and a six (6) level parking structure.
· The two-story amenity building at the entrance of the site, is acutely designed to focus people toward the water, providing complete public access to a host of amenities including child care, a fitness center, restaurants, and outdoor terraces.
· Connecting people to the waterfront, a car-free pedestrian promenade will run the length of the site, drawing people to the landscape and the bay.
· The promenade gesture is further supported through the introduction of outdoor terraces in each office building, creating a truly unique indoor/ outdoor tenant experience.
Speakers at today’s breaking ground ceremony included: Ricardo Ortiz, Mayor of Burlingame; Benedict Tranel, Principal at Gensler; Ed Conlon, Vice President of Hathaway Dinwiddie; Kylli Executives; and Mike Moran, Managing Principal, Executive Managing Director, Cushman & Wakefield in Burlingame as Master of Ceremonies.
For more information about Burlingame Point, visit www.burlingamepoint.com
About Kylli Inc., Genzon Investment Group
Kylli Inc’s (Kylli) real estate division is a full-service real estate investment management company focused on the acquisition, development and management of institutional quality assets in the western United States. With a focus on large scale investment and development projects, Kylli leverages its relationships and project partners to deliver best-in-class real estate services. As a wholly owned subsidiary of the Genzon Investment Group, Kylli benefit’s from long standing relationships with some of the world largest professional organizations.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 43,000 employees in more than 60 countries help investors and occupiers optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
Gensler is a global architecture, design, and planning firm with 46 locations and more than 5,000 professionals networked across Asia, Europe, Australia, the Middle East and the Americas. Founded in 1965, the firm serves more than 3,500 active clients in virtually every industry. Gensler designers strive to make the places people live, work and play more inspiring, more resilient and more impactful.