Lane Partners Wants More Homes at Menlo Park Campus

Lane Partners wants to build single-family homes and townhomes in favor of fewer offices in its sweeping makeover of the SRI International campus in Menlo Park.

The locally based developer filed revised plans to redevelop the 64-acre research campus at 333 Ravenswood Avenue, SF Yimby reported.

New plans for the project known as Parkline call for 44 acres of housing, compared to 37.1 acres, and 14.6 acres of offices and a retail village, compared to 16.5 acres under the old proposal.

The latest housing component would include 1,082 homes, compared to 800 apartments under the former plan. The mix includes 754 apartments, 220 single-family homes and 108 townhomes.

The change reflects lower market demand for offices and soaring prices for single-family houses and townhomes, according to SF Yimby.

Residential parking would serve 1,550 cars split between private and shared garages, with another 2,006 slots dedicated to the commercial offices and stores. The project would include five open spaces around the homes, including a dog park.

The developer plans to replace 1,100 trees, leaving 228 mature trees untouched. The cost and timeline for the project weren’t disclosed.

Lane Partners is developing the site for SRI International, the property owner, an 80-year-old research institute established by Stanford University as a hub for innovation. Its 1 million-square-foot office redevelopment was proposed in 2021.

Skidmore Owings & Merrill is overseeing the master plan and commercial architecture. TCA Architects will design the apartments. KTGY will design the townhouses and single-family homes.

A first phase would build the two largest apartment complexes at Ravenswood Avenue and Laurel Street. The second phase would complete the apartments and a recreation area. The third phase would complete the buildings and retail buildings.

Lane Partners, founded in 2006 by Scott Smithers, has nearly 9 million square feet under development, mostly across the Bay Area, according to its website. —Dana Bartholomew