Developer Proposes BMR In-Lieu Fees for O’Brien Project

O’Brien Drive Portfolio, LLC has submitted a formal Below Market Rate housing proposal for its bonus‑level redevelopment of three lots at 985 and 1001 O’Brien Drive and 1320 Willow Road. Because residential uses are not allowed on the Life Sciences‑zoned property, the applicant proposes to meet BMR obligations entirely through payment of an in‑lieu fee prior to building permit issuance.

Scope & details

The full contract record, as filed.

Contract amount

Payment of BMR housing in-lieu fee (amount to be calculated per square foot at time of building permit issuance)

Contract type

OTHER

Contract term

Applicable to redevelopment of 985 and 1001 O’Brien Drive and 1320 Willow Road as a bonus project; fees paid prior to issuance of building permits

Renewal

Proposal describes a one-time BMR in-lieu fee obligation for the project; no renewals or extensions are contemplated.

Document type

Agenda

Source document

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

Frequently asked questions

Common questions about this contract, answered from the record.

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

O’brien Drive Portfolio Llc was awarded this government contract by City of Menlo Park, as recorded on August 1, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Menlo Park Housing Commission Regular Meeting Agenda 2026-08-05 (Agenda), dated August 1, 2026 from City of Menlo Park. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does O’brien Drive Portfolio Llc hold?

O’brien Drive Portfolio Llc 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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