Role in the Region: BART is critical to the economy

Along the Peninsula, mutual growth in development and BART ridership is expected. At Millbrae Station, the newly opened Gateway Transit Oriented Development has over 157,000 square feet of office space, ground floor retail, a 164-room hotel, and 400 residential units. At San Bruno Station, the Southline project is slated for occupancy by the end of 2024 and is made up of 2.8 million square feet of office and research and development space. The existing Tanforan Mall is also in the process of planning to transform into a transit-oriented mixed-use village with 2 million square feet of life science, 1,014 housing units, and 86,000 square feet of retail space.

The East Bay's economy continues to uniquely leverage BART. Employment centers in the East Bay, which has the highest concentration of BART stations in the system, represent tremendous regional growth potential.

Emerging industries are choosing to locate in BART-served parts of the East Bay. These emerging industries include creative technology and design- like software publishing, data processing, and advanced manufacturing. In addition, there are emerging industry-specific job hubs for manufacturing in Fremont and wholesale trade in Union City. While most AI investment has gone to companies in San Francisco or the Peninsula, the East Bay has its own innovation industries, including biomedical device manufacturing, computer technology, food innovation, and clean tech. These industries and others have driven demand for almost one million square feet of R&D and manufacturing space in the last ten years and attracted $5.5 billion in venture capital in 2021.

East Bay Office Space Rent per Square Foot