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If you're still looking for this year's largest construction project on the Peninsula, you'll need to dig a little deeper -- literally. That's because this year's largest project is underground.
When it's all said and done sometime next fall, the new BART extension stretching from Colma to Millbrae will feature 8.7 miles of track, four new stations and approximately 5,300 parking spaces.
BART estimates the extension will carry nearly 70,000 passengers a day and spare Peninsula freeways of another 10,000 cars. Add to this, a handful of proposed transit improvements and there's a good chance Peninsula commuters might actually get to work on time.
Commuters aren't the only people who stand to benefit from the new BART extension, developers are also staking a claim on the Peninsula. Developers like Hines, whose Gateway offices made the list at number 21 this year, are optimistic that recent transit improvements will attract more employers to the Peninsula. As Hines' Lisa Burke Lewis sees it, "development doesn't succeed unless it's tapped into transit."
Hines isn't alone in singing the praises of the new BART extension. Considering the large number of office developments on this year's list, it's clear that several other developers are also hoping to cash in on recent transit improvements. All told, office developments account for more than half of the 25 projects featured on this year's List.
BIG TICKET ITEMS For a cool $829 million the new BART extension from Colma to Milbrae will handle approximately 70,000 passengers per day. BART Extension $629M International Terminal $635M Airport Rail Transit (ART) $312M Pacific Shores Center $128M Boarding Area G $128M Total estimated dollaramount of project REDWOOD CITY : RED HOT BART and SFO top the charts as the largest projects, but Redwood City consistently attracts the most developers. Redwood …