South San Francisco is Hopping with Healthcare, Housing

Healthpeak Properties Inc. recently unveiled the initial phase of its Vantage campus in South San Francisco. The new phase follows strong leasing activity and demand at The Shore at Sierra Point and Nexus on Grand.

Located on the corner of Forbes Boulevard and Allerton Avenue, the initial phase of Vantage will consist of two purpose-built life science buildings totaling 343,000 square feet in addition to a 30,000-square-foot amenity center complemented with ample outdoor meeting and community space. The campus also offers tenants direct access to the recently completed Rails to Trail pathway, which provides a pedestrian connection to downtown South San Francisco’s restaurant/retail corridor as well as the Caltrain station which is undergoing a multi-year renovation.

“This project is the next step in our ongoing development pipeline and will provide much-needed expansion space to our existing tenant base and the growing South San Francisco life science community,” said Scott Bohn, Healthpeak’s senior vice president and co-head of life science.

Vantage is Healthpeak’s third active development in the South San Francisco market, joining The Shore at Sierra Point and Nexus on Grand. The project is expected to break ground in fourth quarter 2021 with an anticipated completion in the second half of 2023.

This project joins large planned residential developments at 124 Airport Blvd. and 100 Produce Ave. which were recently unanimously recommended for approval by the South San Francisco Planning Commission. One of the largest residential projects in South San Francisco in the last decade, the residential buildings will appear before the South San Francisco City Council later this month for final approval.