The Crestmoor Property
At their March 12, 2020 meeting the San Mateo Union High School District Board of Trustees approved a process to seek statements of qualifications from real estate developers to lead the purchase and development of the Crestmoor Property, located at 300 Piedmont Avenue in San Bruno. Following these steps, the District’s real property consultants, DCG Strategies, transmitted a Request for Qualifications (RFQ) on behalf of the District to real estate brokers and developers. Additionally, the RFQ was posted online with premium listings on large commercial real estate search platforms and on the DCG Strategies website. The purpose of the RFQ was to identify qualified entities that would be invited to submit proposals to purchase the Crestmoor site. DCG Strategies received responses to the RFQ on April 24, 2020.
On May 21, 2020 the Board’s Property Committee, DCG Strategies, and District recommended, that eight entities were deemed as qualified to receive a Request for Proposals (RFP) to submit purchase proposals. On August 4, the District hosted a virtual public engagement meeting to share with the many interested parties an update on the process for the sale of Crestmoor. At their August 6, 2020 meeting, the Board approved the release of the RFP to the eight entities. At their September 10, 2020 meeting the San Mateo Union High School District Trustees reported that they had received proposals to purchase the property from six of the eight entities that the Board previously deemed qualified through the request for qualifications process. The District’s Property Committee made up of two Board Members and staff reviewed the applications and conducted interviews with the top firms.
At their October 8 meeting, the Board selected D.R. Horton as the preferred entity with whom it will negotiate a purchase agreement following a unanimous recommendation of the property subcommittee. The Board based this decision on several factors. D.R. Horton’s offer for the property was the highest received. D.R. Horton is a nationally recognized home builder that has experience with the City of San Bruno. Additionally, the subcommittee identified D.R. Horton as well qualified to listen to the needs of the community and to propose a residential development that can be approved by the City of San Bruno.
On December 17, the Board approved the purchase and sale agreement and joint escrow instructions for the sale of the Crestmoor site to D.R. Horton. The Board approved:
- a first amendment to the agreement on March 11, 2021
- a second amendment to the agreement on May 13, 2021
- a third amendment to the agreement on June 24, 2021
The District is committed to open and transparent communication with and engagement of the community and our staff around this sale and the development of staff housing. We will continue to provide updates on this process.
Request for Qualifications / Request for Proposals
Request for Proposals for Real Estate Consultant and Brokerage Services
On June 18, 2021, the District issued a request for proposals for real estate consultant and brokerage services to aid the District in locating developed real property suitable for employee rental housing. Services will include advising the District regarding property characteristics and constraints as well as negotiating with potential sellers.
Interested entities are invited to submit their proposals in a sealed envelope enclosing five bound copies of submittals of the requested materials as further described herein to the District’s administrative office at:
Yancy Hawkins, Associate Superintendent Chief Business Officer
San Mateo Union High School District
650 N. Delaware Street San Mateo, CA 94401
All Responses are due by: July 19, 2021
Additional details are included in the Request for Proposals