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Property Sale

san-mateo-union-high-meeting-minutes-2025-01-29_9e0.pdf

District Receives $85 Million from Crestmoor Sale

$85,000,000San Mateo Union HighTOLL BROTHERS INC.January 29, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Crestmoor property will be transferred over to Toll Brothers. The demolition of Crestmoor began mid-December and the majority of it is torn down. The District will receive 85 million dollars from this sale to utilize for facility-related projects.

Contract Details

Contract Amount

$85,000,000

Vendor

TOLL BROTHERS INC.

Agency

San Mateo Union High, CA

Contract Type

Property Sale

Document Date

January 29, 2025

Contract Term

NA

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