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October 3, 2013

Facebook Goes All Out In Employee Perk Department With $120M Housing Community

Photo courtesy of KTYG — Anton Menlo, Facebook's future 394-unit housing community.

Facebook is taking a giant step toward being the top employer in all industries, let alone the technology sector, with a $120 million, 394-unit housing community within walking distance of its Menlo Park, California offices in the works.

Dubbed Anton Menlo, the community will offer Facebook employees who live there every convenience one can imagine, from onsite cafés to a resort-inspired pool, spa and cabana area to a pet spa with doggy day care.

The 630,000-square-foot rental property will provide residential living in a highly constrained area of the Bay Area Peninsula with 35 studio residences, 208 one-bedroom residences, 139 two-bedroom residences and 12 three-bedroom residences.

Other onsite amenities will include a ‘grab & go’ convenience store, a sports pub, a bicycle repair shop with on-site storage, concierge services such as dry cleaning and package drop off, an indoor/outdoor wellness, yoga and training facility with personal training, an “new generation community business facility” dubbed iCafe, a clubhouse with full kitchen and cooking area including outdoor facilities and a large rooftop entertainment deck with three-themed areas.

Designed by national architecture firm KTGY Group, Inc., Anton Menlo will sit on nearly 10 acres of formerly industrial land. The development was “designed with cutting-edge technology features and community amenities catering to today’s sophisticated renters,” reads a press release.

“We designed a community built on amenities and social settings,” added KTGY’s Keith Labus. “Anton Menlo has everything the young professional could want to complement their busy lifestyle.”

The housing development is currently in the design review phase with the City of Menlo Park. It will represent the city’s first major new apartment building in more than two decades.

“We are thrilled to have new housing options coming to the City of Menlo Park to serve the Silicon Valley and the Marsh Road and Willow Road business areas,” said City of Menlo Park Mayor Peter Ohtaki. “Providing new housing opportunities for employees working in the area will allow people to live where they work and to spend more time enjoying this great city.”

To assist with affordable housing as part of the its Below Market Rate Agreement with Menlo Park, Facebook will foot the bill for 15 low-income units, which will be income-restricted for 55 years, as part of the project.

Pending proposals to offer improved transit for Anton Menlo residents include:
• Direct pedestrian and bicycle connectivity from the “Bay Trail” to Anton Menlo.
• New and repaired pedestrian sidewalks with street lighting and lighted crosswalks.
• Improved bus stop facilities, including on-site shuttle stops.



Jennifer Cowan is the Managing Editor for SiteProNews.