Seaport Centre is a high-tech business park located in Redwood City, California, USA, 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.(Cutland, 2005); 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.(Ginsburg, 2002) 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. Stormwater surface runoff is pumped from Seaport Centre to discharge into Redwood Creek
Read more about Seaport Centre: Aerial Photographic History, Early Tenants, See Also
Famous quotes containing the word centre:
“Here in the centre stands the glass. Light
Is the lion that comes down to drink. There
And in that state, the glass is a pool.
Ruddy are his eyes and ruddy are his claws
When light comes down to wet his frothy jaws”
—Wallace Stevens (1879–1955)