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Myers heads for new island.(developer Jack Myers to build in South San Francisco)(Brief Article)(Statistical Data Included)

Pacific Business News

| January 26, 2001 | Bishop, Amanda | COPYRIGHT 1990 Crossroads Press, Inc. (Hide copyright information)Copyright

Developer Jack Myers has found a new frontier: South San Francisco.

The CEO of Myers Development Co., who made his mark in San Francisco by developing two office towers in the South of Market area, plans a $300 million development by the San Bruno Mountain near Highway 101. The project will include a 650,000-square-foot office building, 70 single-family homes and 115 high-rise condominiums.

"San Francisco is the hub of the wheel, but the wheel is the greater Bay area," Myers says of his expanding empire.

The City Council of South San Francisco recently approved the development, known as Terrabay, after months of negotiations with neighborhood and …

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