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SamTrans > News Archive - 2002 > Media Advisory: SamTrans Launches First Transit Oriented Development Project
Media Advisory: SamTrans Launches First Transit Oriented
Development Project
What:
A groundbreaking ceremony for the $35 million Colma BART Apartment project marks the
San Mateo County Transit District's first foray into transit oriented development on
district property.
The project includes a 153-unit apartment building with 3,500 square feet of
neighborhood retail space. Twenty percent of the residential units will be affordable
housing. The transit oriented community is being built on transit district property
located east of the Colma BART Station, and is one of few projects where public
property is leased at a fair market rate.
When:
Wednesday, Oct. 30 from 11a.m. to 1p.m.
Who:
Speakers will include Caltrain Board of Directors Chair and San Mateo County
Supervisor Michael Nevin, transit district Board of Directors Vice Chair and Daly
City Mayor Michael Guingona, JSM Enterprises President Jim Morley, JSM Executive Vice
President Rich DeFabio and California Debt Limitation Allocation Committee Executive
Director Laurie Weir.
Where:
Colma BART Apartments construction site
7800 El Camino Real, between Michael Nevin Way (formally "B Street") and Albert
Teglia Boulevard (formally "D Street").
Why:
The Colma BART Apartments are an example of "smart growth" through a public/private
partnership. Its success is based on advance planning and the cooperation of the
transit district, the developer, San Mateo County and the community.
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