Hotel Moxy
FPG Development Group · 1303 El Camino Real
The project is approved and being built.
- 163 hotel rooms
Privately funded by the developer (FPG Development Group). This is not a City budget item.
- New Transient Occupancy (hotel) Tax once operational, amplified by the 2024 voter-approved TOT rate increase
- Construction-phase building-permit revenue
- Construction-period employment
- Public infrastructure reviews and building inspections
- Long-term General Fund service costs once operating
under construction (as of May 28, 2026)
Where this project shows up in the City's budget
Each item below is a real line in the City's budget data, connected to this project. Where a connection was inferred rather than stated outright, it's flagged so you can judge it for yourself.
The City's budget data does not yet have specific line items tagged to this project. That can change as staff reports, fees, and contracts are recorded. The source documents below are the authoritative record for now.
Source documents
Every document the City has published for this project that we've catalogued. Each link goes straight to the City's own copy.
Resolution
City project page
What this page can't tell you
The City's budget data tells us what's been appropriated, what's been spent, and what infrastructure is planned. It does not tell us:
- The detailed terms of the Development Agreement — community-benefit contributions, in-kind dedications, ongoing obligations. Read the Development Agreement directly (see the documents above).
- The projected fiscal impact over the project's lifecycle. Read the Fiscal Impact Analysis directly (if one has been published) — it was prepared before approval and contains the dollar projections.
- Real-time building-permit issuance or fee collection — contact Community Development.
Have a question this page can't answer? Bring it to the next budget public hearing on June 9, or email city.council@menlopark.gov.