Community Owned Land Can Help Pay Your Taxes!

For years taxes and fees on Millbrae households have been increasing at a dizzying pace. In light of COVID-19 economic impacts they are set to rise even more. Luckily, community-owned land can provide critical funding for schools and other essential city services and protect residents from having to shoulder the burden.

If the City of Millbrae issues a Request for Proposals(RFP), potential office, retail and hotel development could provide windfall revenues to help prevent painful tax rate increases and protect essential city services. Well into the future.

Reasons to support an RFP

The city-owned parcels around the station are some of the most valuable land in the Bay Area

Office, retail, and hotel use at these sites could generate the most significant tax revenue windfall in Millbrae History.

Transportation

From a traffic perspective, opportunities close to this mass transit station enable people to commute without their cars. This means more economic development without choking our roads.

Long-term sustainability

Developing these lots is part of the long-term sustainability of the Millbrae community. Forecasting 10, 20 or 50 years into the future, development on these lots will continue to pay dividends to Millbrae residents not only in revenue but in the amenities they provide. Additionally, given their location close to the future High Speed Rail station, this is part of a low-carbon energy-efficient planning strategy that doesn't not rely on private automobiles.

Revenue for the Community:

The mixed-use project will generate millions to the community it will serve through a variety of revenue sources including transit occupancy tax, property tax and land lease income. Not to mention new workers will feed the customer base of local Millbrae businesses.

Revenue Streams

Preliminary studies show office, hotel, and retail development on this site could generate more than 50 Million Dollars for the Millbrae community over the first ten years alone. More money for the Millbrae community than the recently approved Serra Station and Gateway projects combined!

Here is how that potential revenue would break down:

News & Updates

Development targeting Millbrae train station

Official, developer hopeful recent land transfer will yield commercial redevelopment near transit hub

Go to The Daily Journal article

Millbrae businesses unmoved by buyout

Following years of thorough planning and months of extensive deliberation, officials approved the policy guidelines laying the groundwork for future development in the 116-acre site near the Millbrae rail station.

Go to San Francisco Business Times article

Another Millbrae Train Station Project Arrives

Millbrae officials studied Tuesday, June 25, an early proposal from developer Mark Calvano to build an eight-story commercial complex neighboring an eight-story hotel at the corner of El Camino Real and Millbrae Avenue where Peter's Café is located.

Go to The Daily Journal article

116-acre site plan OK’d: Millbrae City Council approves development policy for train station area

Go to The Daily Journal article

$200M development at Millbrae BART goes full steam ahead

About 6,000 people pass through the Millbrae Caltrain and BART station each day, making it the largest intermodal terminal west of the Mississippi River. At the Millbrae station, planes, trains and automobiles whir by all day with San Francisco International Airport and Highway

Go to San Francisco Business Times article