Prometheus Real Estate Group recently received approval to construct a six-story transit-oriented development at Rockridge Geotechnical’s 715 N. San Mateo Drive site in San Mateo. Because of the State Density Bonus, the complex will contain 181 units, 19 of which will be affordable. This project is part of a larger downtown revitalization across the Peninsula, which has seen many multifamily developments proposed, particularly in San Mateo.

From San Francisco Business Times: https://www.bizjournals.com/sanfrancisco/news/2026/03/26/prometheus-auto-dealership-housing-san-mateo.html