Rendering of the Canterbury townhomes being developed at the Bay Meadows development in San Mateo.
Bay Meadows will soon become home to another 76 families, as several units of the site’s third residential community Canterbury will be put on the market this weekend.
The development of the old race track’s remaining 83 acres between the Hillsdale and Hayward Park Caltrain stations are currently in Phase II as Bay Meadows becomes one of the largest transit-oriented developments in the state. The entire 160-plus-acre site is slated for 1,170 housing units, retail and office space, the Nueva private school and 18 acres of parks, said Janice Thacher, partner at the main developer Wilson Meany.
The new for-sale Canterbury townhomes are being developed by TRI Pointe Homes, which also developed the nearly sold-out Amelia at Bay Meadows. The two- to four-bedroom three-story homes ranging from 1,250 to 2,235 square feet are expected to start at $850,000 but pricing for the larger units will be in the $1 million mark, said Carrie Newbery, vice president of sales and marketing at TRI Pointe Homes.
This Saturday and Sunday, seven two- and three-bedroom condos will go on the market and priority list buyers who pre-qualified will have the opportunity to purchase their new home, Newbery said. The model homes aren’t complete so the public will only be able to view floor plans, renderings and hopefully a virtual walkthrough. The eligible buyers may be able to get a sneak peak walkthrough of a model’s frame and it’s not unusual for people to buy based on floor plans, Newbery said.
The Canterbury models will be completed at the end of May and those who purchase this weekend will be able to move in some time in August, Newbery said.
TRI Pointe Homes is thrilled to be a part of the project and to be creating a new community that’s geared toward eco-friendly lifestyles in the heart of the Peninsula, Newbery said.
“It is a very pedestrian friendly community. Bay Meadows is huge, so we get to be one of the lucky neighborhoods in Bay Meadows. It’s very convenient to Caltrain, convenient to the airports, to the freeways, to downtown San Mateo that has a ton of restaurants and entertainment,” Newbery said. “It’s just a great place to be. Everything is pretty close so you don’t need a car, they’re really going for sustainability and living green.”
There will be a total of seven neighborhood developments as well as another six four- and five-story buildings of condominiums and apartments, Thacher said. The Canterbury homes will cover almost 4 acres and come after the completion of 63 units at TRI Pointe Homes’ Amelia and another 93 units at Landsdowne by the developer Shea Homes. Wilson Meany is currently constructing its own apartment building known as Field House, Thacher said.
The new Bay Meadows’ communities also have a historical connection, Thacher said
“The names for the neighborhoods were inspired by the former uses of the site. So they are either related to the sites history of the horse track, or prior to the horse track it was actually an airfield. So for example, Amelia was inspired by Amelia Earhart,” Thacher said.
By the time the Bay Meadows project is completed sometime in 2017 or 2018, she will have worked on the project for almost a decade, Thacher said.
“It’s really gratifying to go down there and see people living there. And it’s really turned out to really be what we envisioned when we planned this community. And the city of San Mateo has been a fantastic city to work with. So we have a very close relationship with city staff and elected officials. So that’s really been a part of making this all happen,” Thacher said.
The preview of Canterbury town homes will be Saturday at the Bay Meadows’ Welcome Center and seven units will go on the market starting 10 a.m. Sunday, Newbery said.
Those who will be considered have already pre-qualified and are on an interested parties list, Newbery said. Those interested in moving to Canterbury should sign up on TRI Pointe Homes’ interest list.
For more information visit www.tripointehomes.com or www.baymeadows.com.
(650) 344-5200 ext. 106