Republic Urban Development Moves Full Speed Ahead on Millbrae BART Station Transit-Oriented Development
Article Source: San Francisco Sentinel
Immediately after being selected by the BART Board of Directors as the exclusive negotiating partner for the Millbrae BART Station development by a 5-2 vote, Republic Urban has committed its team and attention to establish a process with BART and the City of Millbrae that will result in the entitlement of a Transit Oriented Development at the BART station here. The station currently serves Caltrain and BART and will eventually host California High Speed Rail.
“Republic is honored to have the opportunity to develop a project that everyone will be proud of.” said Michael VanEvery, President of Republic’s West Coast Division. “We have the experience, resources and talent to make this project a national model and a great asset to the City of Millbrae and its citizens.”
Republic has already begun its planning process that will include an extensive community engagement program to ensure that the development satisfies the goals of both BART and the Millbrae community. This process will begin with scoping sessions for public input to be incorporated into planning and environmental review.
Republic’s vision for the site is a transit-oriented project that weaves into the city fabric, complements the city’s downtown and creates an attractive gateway. Republic proposes transforming the Millbrae BART station’s surrounding property into a dynamic mix of housing, retail, office and solar energy generation. This mixed-use concept will leverage the local and regional transit connections provide by SamTrans, CalTrain and BART to become an important symbol of 21st Century, regionally focused urban development.
Republic’s master plan takes advantage of the strong existing components of the Millbrae BART station and provides the best use for BART delivering a TOD that will bring riders to the system. It adds needed housing to the City of Millbrae to assist the City in its struggle to meet ABAG housing requirements.
Republic is a privately owned, full-service real estate investment, management and development enterprise with more than 25 years’ experience delivering quality results throughout the United States. Republic has developed award-winning real estate projects ranging from land development to historic adaptive reuse to shopping malls. The company has developed and invested in real property transactions totaling over 17 million square feet with a value in excess of $4 billion.