Parkline

On October 15, 2021, Lane Partners LLC, submitted an application on behalf of SRI International to comprehensively redevelop SRI’s research campus with a mix of uses consisting primarily of residential and office/R&D uses, with small retail and restaurant components.  The draft Environmental Impact Report (EIR) for the Project studied an earlier version of the Project and included the current version, which includes 201 Ravenswood Avenue and is described below, as a project variant. 

Primary development program elements of the masterplan include:

• 646 residential dwelling units (46 townhome-style units in two components and 600 apartments in two multifamily buildings);
• An approximately 1.6-acre portion of land, to be dedicated to an affordable housing developer for the future construction of a 100% affordable housing development project of up to 154 dwelling units; 
• Retaining three existing buildings (approximately 286,730 square feet) for SRI's continued operation in Menlo Park;
• Demolition of two buildings at 201 Ravenswood Ave. and approximately 1.1 million square feet within 35 buildings on the SRI campus, to be replaced with five office/R&D/life science buildings, a new office amenity building, and three parking structures;
• The proposed project would not increase non-residential square footage beyond existing square footage;
• Decommissioning of the existing 6-megawatt natural gas power plant;
• Inclusion of community-serving space within the 100% affordable building; and
• A potential below-grade emergency water storage reservoir below the publicly accessible park space along Ravenswood Avenue, to be built and operated by the city of Menlo Park.

It is anticipated that the following city actions (e.g., agreements, permits, analyses and reviews) would be required for the proposed project:

• Certification of an environmental impact report (EIR)
• General plan amendment
• Zoning ordinance amendment
• Rezoning
• Vesting tentative map/subdivision
• Conditional development permit
• Below market rate housing agreement
• Development agreement
• Heritage tree removal permits
• Architectural control (for future review of detailed building/site designs)

The project site is zoned “C-1(X)” (Administrative and Professional District, Restrictive) and governed by a Conditional Development Permit (CDP) approved in 1975, and subsequently amended in 1978, 1997, and 2004. 

Current status

On July 7, 2025, the City released the Final Environmental Impact Report (FEIR)(PDF, 12MB) , available below under “Environmental review”.

The project is scheduled to be reviewed by the Planning Commission on August 25, 2025 with the City Council review tentatively scheduled for September 30, 2025 and October 7, 2025. The project was previously scheduled to be reviewed by the Planning Commission on July 28, 2025 but that meeting has been canceled and comments on the Final EIR will now be accepted until 5:30 p.m. on August 25, 2025.

On May 27, 2025, the City Council held a study session on the draft development agreement terms and provided guidance to inform future discussions between City staff and the applicant.

Upcoming meetings and milestones

• Planning Commission public hearing - August 25, 2025
  Review proposed project actions/entitlements and provide a recommendation to the City Council.
  
  
• City Council public hearing - September 30, 2025 (tentative)
  Review and consider the Planning Commission’s recommendation on the proposed project actions and entitlements. The City Council is the final decision-making body for the proposed project.
  
  

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Location

333 Ravenswood Ave., Menlo Park, CA 94025  View map

37.4575519,-122.176516

333 Ravenswood Ave. , Menlo Park, CA 94025

333 Ravenswood Ave. , Menlo Park, CA 94025

Parkline