The Bay Meadows Racetrack is an entertainment center of historic importance for the San Francisco Bay Area. In response to the increasing demand for housing, the practice track portion of the site adjacent to the Caltrain Commuter Rail line has been developed into a vibrant transit-supportive neighborhood.
Central to the Bay Meadows Specific Plan is a mix of uses within a framework of pedestrian-scaled blocks that knit the fabric of San Mateo together and link the community to the Caltrain station. A rich mix of single-family homes, carriage homes, townhouses, apartments and condominiums provide income, age and household diversity; and is supported by shopping, entertainment and amenities such as daycare. Safe and comfortable streets, parks and plazas create a setting for community activity. An important aspect of the Master Plan was to provide a quality site for Franklin Resources, San Mateo’s largest private employer, enabling it to remain in San Mateo and provide 4000 local jobs; thus helping to foster a true ‘live-work’ community.