Carmel Partners buys 300-unit Burlingame apartment project

San Francisco-based Carmel Partners has paid $28 million to acquire the development site of a project that will bring more than 300 apartments to Burlingame, according to public records. The company filed plans for the site in March of last year, before it closed on the property.

Carmel Partners has moved forward with multiple large residential projects in the Bay Area in recent months. In Downtown Sunnyvale, the company is turning the site of a shuttered hardware store into more than 400 apartments and townhomes, making it the single largest multifamily project in the city’s pipeline. The developer also just received approval to bring a seven-story, 227-unit apartment to the marina in Alameda.

The new multifamily project was the only large residential development approved in Burlingame in 2022. Located at 1766 El Camino Real, the project will be 85 feet tall and total ​​516,500 square feet with 290,620 square feet for residential space, 132,030 square feet for the 319-car garage, and 14,130 square feet for amenities. The 311 units will average 934 square feet with 37 studios, 137 one-bedrooms, 120 two-bedrooms and 17 three-bedrooms. Amenities will include a pool courtyard, an open-air garden, a lounge, a dog spa and a fitness center.

The project will be located across the street from the Mills-Peninsula Medical Center and require the demolition of an existing single-story commercial structure, located beside the Burlingame Police Department building. The new apartments will rise at the intersection of El Camino Real and Trousdale Drive and extend to the end of the block overlooking California Drive. Residents will have views across SFO and the bay toward Mount Diablo and the top of the San Francisco skyline.

The previous large residential project approved to enter the Burlingame pipeline was a 300-unit apartment project located on the border of Millbrae in North Burlingame.