| Colma BART Development Opportunities Analysis |
| San Mateo County Transit District |
| Daly City, California | July 2005 | to | present |
| Strategic Economics is working with Daly City and the San Mateo County Transit District (SamTrans) to prepare a |
| market analysis addressing development opportunities for the SamTrans Park and Ride lot on the west side of |
| the Colma BART station. While the east side of this station has realized many of the development goals set forth |
| in the 1993 BART Station Area Specific Plan, plans for higher-density Class A office development to the west of |
| the station have not materialized since the 2000 collapse of the office market. Today, as the national and regional |
| economies recover, SamTrans and Daly City are reassessing the vision for this area and this site. |
| |
| Strategic Economics is working with these stakeholders to take a fresh look at the site given changing conditions |
| in the local and regional economy. SE’s analysis looked at the current commercial and residential development |
| context, at projected growth trends, and at developer interest in alternative development programs for the site. The |
| analysis also explored tradeoffs between supporting BART ridership and financial performance for SamTrans, and |
| fiscal benefits for Daly City. Ultimately, the goal of this work is to enable SamTrans and Daly City to develop a |
| vision and a strategy for development around the station that can effectively balance all of these goals |