701-727 W Evelyn
In 2015 and 2016 Marwood purchased these two buildings respectively as part of an office portfolio acquisition in Mountain View. This site was an ideal TOD development being directly adjacent to the downtown Mountain View Caltrain Station. Both properties were zoned “by-right” at 4.0 FAR. In 2016 Ownership commenced an entitlement process asking for the demolition of the existing structures, and the “by-right” entitlement for the construction of one Class-A mixed-use office building of approximately 40,000 Square Feet.
EXECUTION
Building is fully entitled as of Q4 2019 and construction is expected to commence in 2020/2021.
ADDRESS
701-727 W Evelyn, Mountain View, CA
PROJECT SIZE
12,000 Square Feet
PROPERTY TYPE
Land (Development planned for 40,000 Square Feet Office Building)
ACQUIRED
August 2015 & October 2016
STATUS
Entitled