Middle Plaza (Stanford)
Stanford University (Menlo Station Development LLC) · 700-800 El Camino Real (Middle Plaza)
The project is built and finished.
Privately funded by the developer (Stanford University (Menlo Station Development LLC)). This is not a City budget item.
- $5,000,000 contribution to the Middle Avenue Caltrain Crossing Project — see CPT005
- Property sale to the City for the crossing ramp (sale closed May 6, 2024)
- Active retail and residential on El Camino Real
- Project complete
- ongoing General Fund service costs for the built development
completed (as of May 6, 2024)
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.
Community benefits committed to the City
Money or in-kind contributions the developer is providing to the City.
FY 23 $120K · FY 24 $3.9M · FY 25 $588K
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.