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Commission grants Alexandria 518,242 sq ft office allocation in Mission Bay after debate over lab-to-office conversions
Summary
The commission approved Alexandria Real Estate’s request to allocate 518,242 sq ft of Prop M office space within the Alexandria District in Mission Bay. Public commenters representing biotech tenants urged preserving lab capacity; commissioners discussed Prop M mechanics, redevelopment-plan flexibility and high vacancy in life-science space.
The Planning Commission on Oct. 23 approved a request from Alexandria Real Estate Equities to allocate 518,242 square feet of large-cap office space within the Alexandria District in Mission Bay, voting 7–0 after an extended presentation and public comment period.
Planning staff framed the request against the 2008 framework that created an Alexandria District pool of office allocation and described the request as consistent with the Mission Bay South redevelopment plan and prior findings adopted under Planning Commission motion No. 17,709. Rebecca Salgado (Planning Department) said the…
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