Frequently Asked Questions (FAQs)
Why are these revisions being proposed to the Plan?
Due to the growing demand for housing in the region, the City and developer have been exploring potential opportunities to modify the plan to include housing and retail in Phases III and IV. The City and developer recognize that an opportunity exists to add to the biotech area east of 101 with much needed new housing, retail and recreational space, and possibly help offset traffic impacts by providing housing close to businesses.
How does this proposal impact the rest of the Oyster Point Specific Plan?
The proposed modifications only apply to Phases III and IV. No changes are proposed to Phase I or II, nor any changes to the Phase I Precise Plan. OPD and the City of South San Francisco are currently proceeding with the construction of new infrastructure, open space and the first office building as approved in the 2011 plan.
How much of the original plan will be changed?
Under the proposed revisions, Phase II of the project will be kept as approximately 1,070,000 square feet of office/R&D buildings including approximately 28,000 square feet of retail, amenity and/or flex-use space. Phase III and IV are proposed to include approximately 1,191 residential units and 22,000 square feet of retail, amenity and flex-use space along with the public realm improvements consistent with the existing Oyster Point Specific Plan. The maximum dwelling unit density of Phase III and IV would be approximately 96 units/acre.
How will traffic be offset and managed with the addition of residential and retail?
A supplemental traffic study is being conducted to inform the steps needed to help offset and possibly reduce traffic in the Oyster Point and east of 101 areas. In addition, by providing housing east of 101 near major employers, the development may be able to offset daily commuter vehicles coming into the area each day. The City and developer also recognize that traffic is a regional issue, and are working closely with local organizations that are working to address and improve traffic and transportation for South San Francisco and 101 corridors.
When will construction of the infrastructure work begin?
Construction of the infrastructure is scheduled for Q4 2017.
What kind of housing will be built?
Housing is being studied to ensure the types of for-sale and for-rent units best meet the needs of the community, city and local businesses. This includes meeting with local biotech and other businesses, to understand their needs.
When will the new housing be available?
Pending approval of the plans by City Council late 2017, construction would be completed by 2020.
Will it be available to our employees/community?
The residential units will be available for sale/lease to employees and we can update you when sale/leasing begins. We also recognize the demand for housing nearby places of work, and we are open to discussing opportunities to partner with your company/organization to secure leasing for your employees.
Will there be affordable housing?
Housing, including affordable housing, is being studied to ensure the types of units best meet the needs of the community, city and local businesses.
How will the rest of the community benefit from the project?
The Oyster Point project will transform the under-utilized waterfront area into a vibrant and sustainable development that benefits the entire community. The plan calls for the transformation of 42 acres of the bay front area into a sustainable, mixed-use development that will include a state-of-the-art life sciences campus, a park and recreation destination and a vibrant marina environment.
What are next steps and timing?
On January 30, OPD submitted its formal planning application to the City planning department. A notice of preparation will be prepared by the City and consultant to begin the EIR process. The CEQA scoping meeting should be within the next 30 days which is the first public comment period for the project. The scope of the project will be reviewed by planning staff, followed by public hearings starting in March or April to review and discuss the plans and EIR report. The planning staff will make recommendations to the City Council who are scheduled to vote on the plan later this year.
Will the Bay Trail close?
The current Bay Trail will be regraded and paved as part of the Oyster Point Project. Access to the Bay Trail will be maintained at all times during construction, however, some sections of the trail will be re-routed to accommodate the work.
Are you going to raise the rent on the public marina live-a-boards? How will the public marina be impacted?
The developer does not manage the public marina – the live-a-boards and rents are managed by the San Mateo County Harbor District.
The marina will not be directly impacted by work, however, the City and developer will work with the Harbor District to keep its tenants informed of construction activity as part of Phase 1C.
I’ve heard about demolition and construction work at Oyster Point. How is that related to this change?
The City and developer are currently proceeding with the implementation of Phase I on the southern portion of Oyster Point. Phase IC includes infrastructure and open space improvements. Phase ID includes approximately 508,000 square feet of office/R&D buildings. Work is scheduled to begin Q4 this year on the infrastructure work (Phase IC).
What is the overall vision for Oyster Point?
The Oyster Point Development project—as approved in 2011—will transform the under-utilized waterfront area into a vibrant and sustainable development that benefits the entire community. The vision for the project includes the creation of a global integrated Bio-tech Center of the future; a vibrant community connected to transit and activated by shops & open space; a cohesive open space network that engages the surrounding uses and a new mixed-use neighborhood at Oyster Point.
What is the Oyster Point Development, LLC?
Oyster Point Development, LLC is a joint venture partnership comprised of Greenland USA, with equity partner Ping An Trust and minority equity partners Agile Group and Poly Sino Capital Limited.
What is the name of the developer for the project?
The developer is Oyster Point Development, LLC. It is a joint venture partnership comprised of Greenland USA, with equity partner Ping An Trust and minority equity partners Agile Group and Poly Sino Capital Limited.
Is the City supportive of adding housing?
The City recognizes an opportunity exists to add housing east of 101, and they will be looking at our studies and EIR to review the feasibility over the next few months. The City is looking at the possibility of housing at Oyster Point as well as other areas in the City.
Are you doing an EIR to study the impacts?
Yes, a supplemental EIR is being conducted to study the feasibility of the project.
Does the new housing and retail replace a certain part of the original plan?
Portions of Phases III and IV [future phases] will be replaced with housing and some retail.
When does remediation work begin for the landfill? What are the impacts?
Remediation work will take place starting in Q4 of this year as part of the infrastructure improvements to Oyster Point. Residents and surrounding businesses will be notified of any impacts upon construction.