California Construction News staff writer
A ceremonial groundbreaking was held July 22 for Phase 1 of Campus at Bayside, a 473,250 sq. ft. industrial project at 47100 Lakeview Blvd. in Freemont.
This is a major milestone for Fremont’s Bayside Technology Park and a strong reflection of the city’s continued role as a manufacturing and industrial powerhouse. From reshoring semiconductor manufacturing, testing EV batteries, to the rapid growth of AI technology, industrial demand continues to position Fremont as where companies go to successfully scale their operations.
At full lease-up, the project anticipates the creation of over 1,100 jobs in various manufacturing and research and development roles.
The 473,250-square-foot complex spread over six buildings is only missing a key tenant, said Salwan, who added he is “all in on the AI boom.”
“We’re here, not just to break ground, but to lay the foundation for Fremont’s future,” said Mayor Raj Salwan. “This project deserves a marquee tenant.”
The project is from developers CBRE, 9th St. Partners and Clarion Partners, who are searching for companies to open up shop in the Warm Springs neighborhood’s Bayside Technology Park, which is also home to Tesla, Zoox, Bloom Energy and Seagate.
In 2022, Clarion bought the 28-acre property for $123.3 million from developers John Arrillaga and Richard Peery.
Salwan invited tech companies with innovative focuses — such as artificial intelligence and air-taxis, or flying passenger vehicles — to consider leasing or buying any or all of the project’s six buildings.
The campus will open in two phases with three buildings completed by the middle of next year.