Rezoning
715/723 North San Mateo Drive, San Mateo, CA
5/ 5
Prime signal
Bedrock impact score
Action type
Rezoning
Asset class
Multifamily / Residential
Status
On municipal record
Filed
2026-07-20
Jurisdiction
San Mateo, CA
Days on record
12 days
01Investment highlights
Why this deal matters
- Rezoning in San Mateo, CA · Multifamily / Residential
- Bedrock impact score 5 of 5 — Prime signal
- Appeal denial locks in entitlements for a 181-unit, six-story multifamily project with CEQA clearance
- Signal that this corridor is open for mid-rise residential and that similar projects can move forward with reduced legal/environmental risk.
- On the municipal record 12 days (filed 2026-07-20)
02Deal summary
The rationale
Appeal denial locks in entitlements for a 181-unit, six-story multifamily project with CEQA clearance — signal that this corridor is open for mid-rise residential and that similar projects can move forward with reduced legal/environmental risk.
San Mateo City Council is set to deny an appeal and uphold the Planning Commission's approval of a SPAR, SDPA, and Vesting Tentative Parcel Map for a new six-story, 181-unit multifamily residential building at 715/723 North San Mateo Drive, with the project found CEQA-exempt.
03Deal facts
The filing record
- Jurisdiction
- San Mateo, CA
- Action type
- Rezoning
- Asset class
- Multifamily / Residential
- Status
- On municipal record
- Filed
- 2026-07-20
- Days on record
- 12 days
04Location
Where this sits
715/723 North San Mateo Drive, San Mateo, CA
37.57407, -122.33469
Street view
At street level
Area demographics
San Mateo County
765,623
Population
$128,091
Median HH income
263,351
Households
$2,330
Median rent
U.S. Census · ACS 5-year
Nearby amenities
Within ~1 mile
20 Transit
20 Schools
20 Dining
8 Grocery
20 Banks
14 Parks
Points of interest · Google Places
05Record timeline
Filing to current status
- Filed with jurisdiction2026-07-2012 days on record
- Scored by BedrockRelevance 5 / 5Automated land-use signal
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