Serramonte Terraces represents one of the largest and most significant residential condominium developments in the history of Daly City. With an estimated total project value exceeding $500 Million USD, this development is poised to redefine the skyline of the North Peninsula.
1. Project Scope & Specifications
Total Units: 500 Luxury Condominiums (comprised of 499 Residential Units + 1 Dedicated Management Unit).
Structure: Four (4) high-rise residential buildings designed with modern architectural finishes.
Parking: A massive multi-level parking podium providing 700 secure parking spaces, satisfying high-density urban requirements.
Entitlements: Fully entitled with a Housing Element Agreement ensuring long-term project stability and no expiration on development rights.
2. Prime Strategic Location
The project offers an unparalleled "commuter-first" location, bridging the gap between the Silicon Valley tech corridor and the San Francisco financial center:
San Francisco Access: Only 8 minutes to Downtown San Francisco.
Global Connectivity: Just 10 minutes to San Francisco International Airport (SFO).
Retail Convenience: Located directly across from the Serramonte Shopping Center, providing immediate walking access to world-class dining, retail, and lifestyle amenities.
3. Investment Highlights
Scale: One of the few "Very High Density" residential projects approved in the region, offering a rare opportunity for Tier-1 developers.
Views: Positioned at a vantage point offering expansive views of the Peninsula and the Bay Area.
Market Position: Perfectly timed to meet the critical housing shortage in the San Francisco Bay Area, targeting both the luxury owner-user and the high-end rental market.