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Seaport Centre is a high-tech business park located in Redwood City, California, United States, and as of 2007 is one of the largest biotechnology research complexes in the San Francisco Bay Area.
The property consists of 623,000 square feet (57,900 m2) of developed building area, and is situated in proximity to the Port of Redwood City.[1] The property is classified as Class A office space and is constructed as a series of separate buildings. The original lands of the Seaport Centre were used as salt evaporation ponds on tidal lands of the San Francisco Bay, a land use that started sometime prior to 1940. As of 2002 leasing rates at Seaport Centre were in the range of $27 per square foot per annum.[2] In 2005, Slough Estates, a United Kingdom-based REIT, purchased the entirety of Seaport Centre to develop it as a biotechnology research center to compete with the existing biotech hubs in Silicon Valley and South San Francisco.
The Seaport Centre is located on generally level ground at approximately 25 feet (8 m) above mean sea level.[3] Stormwater surface runoff is pumped from Seaport Centre to discharge into Redwood Creek.
^Cutland, Laura (7 July 2005). "Peninsula biotech gets a boost". Silicon Valley Business Journal. Retrieved 6 December 2016.
^Ginsberg, Steve (24 February 2002). "Low-profile projects help Catellus in `lumpy' 2002". San Francisco Business Times. Retrieved 6 December 2016.
^Schemel, Laurence E. (June 1995). "Supporting Data For Hydrologic Studies in San Francisco Bay" (PDF). United States Geological Survey. Retrieved 6 December 2016.
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