Developer projects
A handful of large private projects shape Menlo Park's budget for years at a time. They bring in money — planning fees, building permits, property tax, hotel tax — and they bring obligations: affordable housing, community benefits, roads and infrastructure. The pages below trace each one through the City's published budget data: what's been paid, what's planned, and what's still uncertain.
USGS Campus / 345 Middlefield
Presidio Bay Ventures
Goes to the City: 26.4 acres of publicly accessible open space, trails, and recreation
320 Sheridan (Flood School site)
Alliant
Goes to the City: 87 of 88 units deed-restricted affordable, prioritized for school-distri…
Parkline (SRI campus redevelopment)
Lane Partners LLC / SRI International
Goes to the City: Up to 800 residential units
Hotel Moxy
FPG Development Group
Goes to the City: New Transient Occupancy (hotel) Tax once operational, amplified by the 2…
Willow Village
Peninsula Innovation Partners / Meta Platforms, Inc.
Goes to the City: 300+ affordable housing units delivered without a City BMR fund draw
Middle Plaza (Stanford)
Stanford University (Menlo Station Development LLC)
Goes to the City: $5,000,000 contribution to the Middle Avenue Caltrain Crossing Project —…
These are the largest projects by scale and the ones most likely to move General Fund revenue. Smaller projects exist and may be added over time. Dollar projections for each project live in its Fiscal Impact Analysis, linked on the project page — they are not reproduced here.