Menlo Park Weighs $16.4M In-Lieu Amenity Payment

The City of Menlo Park is considering an Initial Community Amenity Proposal from Tarlton Properties, Inc under which the developer of a bonus-level life sciences project at 985-1005 O’Brien Drive and 1320 Willow Road would pay an in-lieu community amenity fee of $16,432,900. The payment, equal to 110% of the required amenity value, would be made before building permits are issued and deposited into the Bayfront Community Amenity Fund to support community amenities in the Bayfront area.

Scope & details

The full contract record, as filed.

Contract amount

$16,432,900

Contract type

OTHER

Renewal

One-time in-lieu community amenity payment tied to bonus-level development approvals; no renewals or extensions are described.

Document type

StaffReport

Source document

City of Menlo Park Staff Report Community Amenity Proposal June 2024

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City of Menlo Park Housing Commission Regular Meeting Agenda 2026-08-05

City of Menlo Park Housing Commission Regular Meeting Agenda June 2023

PENDING

City of Menlo Park, California$1,812,433.44 (estimated)Jun 7, 2023

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Menlo Park?

Tarlton Properties Inc was awarded this government contract by City of Menlo Park, as recorded on June 11, 2024. The contract value is $16,432,900.

How much is the Tarlton Properties Inc contract with City of Menlo Park worth?

The Tarlton Properties Inc contract with City of Menlo Park is valued at $16,432,900.

What type of contract is this?

This is a government contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in City of Menlo Park Staff Report Community Amenity Proposal June 2024 (StaffReport), dated June 11, 2024 from City of Menlo Park. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Tarlton Properties Inc hold?

Tarlton Properties Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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