Retrofit Atlas

Strip centers · California

668 East 3rd Avenue

Imported, unreviewedRedevelopedRetrofit approvedSan Mateo, CA

Approved housing redevelopment (2026), demolition underway, near Hillsdale Mall cluster, retail decline supports shift, housing market strong. · summary, model-written

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Site profile7 elements · what this retrofit is built with · tap a chip for the evidence

Finance and pipeline
Retrofit in the pipelineThis site: …approved newtypes-extraction · all sites with this
Place
3+ other atlas sites within 10 kmThis site: 5 within 10 km computed · all sites with this
County lost 10%+ of retail establishments since 2012This site: -11% census-cbp · all sites with this
County typical rent $2,000+This site: $3,993/mo zillow · all sites with this
Shrinking countyThis site: -2.7% census-acs · all sites with this
Strategy
RedevelopedThis site: record · all sites with this
New use
HousingThis site: …new_use field record · all sites with this

All elements and lists · Trends

Now

StatusRetrofit approvednewtypes-extraction reported
StrategyRedevelopment, approvedWikipedia no source
New useshousingWikipedia no source
RedeveloperPrometheus Real Estate Groupnewtypes-extraction reported

Planning

Entitlement year2026Wikipedia no source
Planning notesApproved by San Mateo City Council.Wikipedia no source

Site context

Housing permits, San Mateo County (CA), 2024538 units in 5+ unit buildings, 29 in 2–4, 521 single-family; 2023: 750 in 5+Census BPS
Other atlas sites nearby5 within 10 km, 18 within 25 km: 2820 South El Camino Real (0.7 km); Hillsdale Mall (0.7 km); San Mateo Fashion Island (3.4 km); Hillsdale Shopping Center (3.7 km); 3000 Clearview Way (4.0 km)computed
Retail trade in the county, 2025 (BLS QCEW)28,461 jobs in 1,714 establishments; average annual pay $58,616; employment location quotient 0.70; employment -3.1% on the yearBLS QCEW 2025, NAICS 44-45, private
Jobs located in the tract, 2022458 jobs; 50 in retail trade, 39 in accommodation and food (workplace blocks summed to tract 06081606202)Census LEHD LODES8 WAC 2022
Upward mobility (Opportunity Atlas, 2010 tract)children of low-income (25th percentile) families reached the 46th income percentile as adults; 1.1% incarcerated at the 2010 count (1,461 children in the sample); born 1978–83, measured 2014–15Opportunity Insights
Food access (USDA FARA 2019, 2010 tract)not a low-access tract at 1 mile; poverty rate 17.1%; median family income $71,705; 219 SNAP householdsUSDA ERS
SchoolsSan Mateo Union High School District (09-12); 6 public schools within 1 mile: LEAD Elementary; College Park Elementary; North Shoreview Montessori; Sunnybrae ElementaryNCES EDGE
Elevation20 ft above sea level at the site pointUSGS 3DEP
Storm events in the county, 2016-2025101 county-logged events: 50 flood, 18 debris flow, 15 thunderstorm wind, 9 hail; $10,060 property damage reported; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events
Homes for sale in ZIP 94401, 2026-09median list price $770,450 (+10.2% on the year); 34 active listings; median 35 days on market; 13% with a price cutRealtor.com Research
Retail trade in the county, 2012 to 20231,827 establishments (-11%); 32,272 jobs (-5%)Census CBP
Housing market in the countytypical home value $1.6M (+4% 1 yr, +8% 5 yr); typical rent $3,993/mo (+11% 1 yr), 2026-09Zillow Research
Traffic on the busiest road within 600 m (2024)16,709 vehicles a day (minor arterial, 2 lanes); 27 counted segmentsFHWA HPMS

Summary, model-written

Approved for housing redevelopment (2026). Demolition began in 2023. Developer: Prometheus Real Estate Group. Site is a former single-story strip mall. Nearby proposed projects include Hillsdale Mall (0.7km) and 2820 South El Camino Real (0.7km). County retail establishments declined 11.3% (2012–2023), employment down 5.1%. Median rent $2,893. Housing market shows rising ZHVI ($1.58M) and ZORI ($3,993). County population shrank 2.7% (2018–2023). No new opportunity (already in play: approved, under construction).

Why. Record shows active redevelopment with approval, demolition underway, and alignment with regional housing trends. Retail decline supports shift to housing. Market data indicates strong demand. No missing status details (approved, events confirmed).

Where it stands. Active redevelopment site. Not a new opportunity (already approved, under construction). Regional context shows housing-focused transformation.

For a planner

  • Retail decline aligns with housing transition.
  • Nearby proposed projects suggest cluster development pattern.

For a developer

  • Housing market indicators support project viability.
  • No new opportunity (already in play: approved, demolition started).

What we do not know yet

  • No details on housing mix (affordable/rental/ownership).
  • No specific unit count or pricing data provided.

Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.

Similar sites

  • 3000 Clearview Way, San Mateo, CA · Office parks · same strategy: redevelop; also in CA; 4 km away
  • Stonestown Galleria mall, San Francisco, CA · Malls · same strategy: redevelop; also in CA; 26 km away
  • Westlake Shopping Center, Daly City, CA · Malls · same strategy: redevelop; also in CA; 20 km away
  • Parkline, Menlo Park, CA · Office parks · same strategy: redevelop; also in CA; 17 km away

Elsewhere on the web

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Multifamily screen

  • already in play: under construction, approved, or sold to a developer with housing plans
  • county shrank -2.7% 2018–23
  • median rent $2,893
  • housing in the record

Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.

History and original facts

CountySan Mateo County
Census division9 · Pacific
NotesDraft from sfyimby.com, model-extracted, unreviewed: A single-story strip mall at 668 East 3rd Avenue in San Mateo was demolished in 2023 and approved for redevelopment into an eight-story apartment complex with 128 units in 2026.

Not yet recorded: acres, GLA, year opened, original developer, what is there now, retrofit year. Know it? Tell us.

Timeline

  1. 2023 Demolition has already occurred
  2. 2026 City Council approved plans

Sources

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