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Community Profile and Information

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DEMOGRAPHICS

2005

2010

2015

2020

2025

City Population

61,200

62,500

65,800

68,700

70,600

Households

20,030

20,470

21,440

22,330

23,000

Persons Per Household

3.03

3.03

3.05

3.05

3.05

Household Income

$85,700

$90,200

$94,600

$99,400

$104,700

Total Jobs

42,170

45,120

48,460

51,120

54,070

Employed Residents

25,930

28,250

30,730

33,120

35,570

Source: Association of Bay area Government, 2005

EMPLOYMENT

2005

2010

2015

2020

2025

Manufacturing/Wholesale

16,110

17,060

18,290

19,380

20,680

Retail

3,090

3,310

3,560

3,690

3,820

Service & Other

22,520

24,220

25,880

27,410

28,870

Source: Association of Bay Area Government, 2005

Top Employers

Company

Employment

Business

United Airlines

9,000

Airline Carrier

Genentech

9,000

Biotechnology

Kaiser

1,100

Medical Center

Costco (two stores)

798

Commercial

United Parcel Service

732

Shipping

Amgen

676

Biotechnology

Exelixis

545

Biotechnology

Cell Genesys

377

Biotechnology

Actuate Corm

350

High Technology

Source: South San Francisco Fast Facts

PROJECT

NUMBER OF UNITS

STATUS

• Residential Projects

Oak Avenue
Affordable Housing

43 Apartments

Completed

South City Lights

280 Condominium Units with
70 Moderate Income Units

nearing Completion

Stonegate Estates

16 Units

Completed

Oakmont Vistas

33 Single Family Residential Dwellings

Completed

Carter Park I

50 Condominiums

Completed

• Transit Village Zone

arch & stone

361 Apartment Units with
72 Affordable Units

Completed

Park Station Lofts

99 Condominium Units with
20 Affordable Units

under construction

• Terrabay Specific Plan

Terrabay Village & Park (Phase I)

161 Townhomes & 125 Single
Family Residential Dwellings

Completed

Terrabay Mandalay Woods (Phase II)

135 Single Family
Residential Dwellings

Completed

Terrabay Phases II & III

70 Units of Paired Housing &
112 Condominium Units

Completed

Source: South San Francisco Planning Division

REAL ESTATE

Inventory Total SF

3Q Available space (sf)

Vacancy Rate

Direct Lease

Sublease

Direct Lease

Sublease

Office

2,684.537

156,145

14,145

5.82%

0.53%

R&D

5,923,281

399,119

165,850

6.74%

2.80%

Industrial

18,331,933

361,702

576,779

1.97%

0.00%

Source: Cornish & Carrey – Northern Peninsula Third Quarter Market Summary

Weather/Climate Average Temperature/ Rain Fall

LO

MEAN

HI

Inches

January

41.8

48.7

55.6

4.35

April

47.2

5.6

63.9

1.37

July

53.9

62.7

71.6

0.03

October

51.8

61.0

70.1

1.22

Year

49.0

57.1

65.2

19.7

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