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Lincoln Property to add life science campus to Burlingame – The Real Deal

by admin
November 29, 2022
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Lincoln Property will soon build a 13-story office and research building for life science tenants in Burlingame.
The Texas-based developer won approval from the city’s Planning Commission to build the 900,000-square-foot building at 777 Airport Boulevard, the San Francisco Business Times reported. It will replace a 213-room hotel.
The approval came after Lincoln Property agreed to shave 33 feet off of its proposed height.
Plans for the 194-foot tall building include 403,400 square feet of office and R&D space above a six-story parking garage, with a ground-floor lobby and cafe.
Lincoln agreed to build an 8,000-square-foot public plaza, 24,000 square feet of parks next to the BayTrail and 25,000 square feet of offsite improvements and waterfront infrastructure against sea level rise.
While the new building will serve life science companies with 15-foot floor-to-ceiling heights, future tenants will determine whether to use it for office or lab space, according to Lincoln. The building is not targeted for any specific company, and could house multiple tenants.
The 3-acre project, designed by Gensler of San Francisco, was described by several commissioners as a “landmark building.”
The silver rectangular building will include built-in terraces and vertical panels with an angular stepped design that aims for a “billowing sail effect,” according to Benedict Tranel, the Gensler architect who designed it.
The project is expected to generate $19 million in one-time fees for Burlingame, including $7.5 million for affordable housing.
Burlingame has become a hotbed for life science projects. This month, King Street Properties and Helios Real Estate won approval to build a 475,800-square-foot life science campus at two office and research buildings at 1669 and 1699 Old Bayshore Highway and 810 and 821 Malcolm Road.
Last month, Vassar Properties was approved to build two life science buildings containing 480,000 square feet at 620 Airport Boulevard.
— Dana Bartholomew

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