Federal Realty begins construction on US office development
Dec 03, 2016 – Dec Federal Realty Investment Trust has started construction on 700 Santana Row, a 26,390sq m office building in California, US. The eight-storey building, to be located at Santana Row in Olsen Drive, will feature 2,790 and 4,460sq m floorplates, modern architecture and headquarters-quality office space.
It will also feature a car park and a 1,400sq m roof-top terrace.
700 Santana Row has been designed by WRNS Studio of San Francisco. US-based Devcon Construction will serve as the general contractor.
Federal Realty’s Western Region chief operating officer Jan Sweetnam said: “700 Santana Row is a ‘capstone’ building that takes full advantage of being the visual book-end to Santana Row, which has become one of the most popular live-work-dine-shop environments in Silicon Valley and the Bay Area. No other office building will have this unique, commanding location.
“We’ve designed the building with a concrete structure and loft-like feel more often found in San Francisco’s SOMA district and other urban centres.
“700 Santana Row will feature expansive natural light with tall, market-leading 13ft ceilings and open floor plans, which in turn will provide companies with high-productivity, collaborative workspaces for their employees.”
700 Santana Row will be ready for tenant build-out in the third quarter of 2018. Newmark Cornish & Carey is the leasing agent for the project.