Welcome to your future habitat, SurveyMonkeys!
In case you missed it, this week we announced that SurveyMonkey – the world’s largest survey company – will make Bay Meadows its new home. Anticipating outgrowing its current Palo Alto headquarters, the company needed to relocate to a place that could accommodate its explosive growth.
The Silicon Valley Business Journal broke the story earlier this week:
The monkeys are coming to San Mateo.
Palo Alto-based SurveyMonkey has signed a lease for a big new headquarters at Bay Meadows, the former horse-racetrack-turned-urban village, as its booming survey business drives a steady rise in workers — or “monkeys,” in company parlance.
The deal for about 210,000 square feet at Bay Meadows’ under-construction “Station 4” is roughly four times the size of SurveyMonkey’s current home at downtown Palo Alto’s 101 Lytton St. and comes barely a year after the company moved in. But a major ramp-up in SurveyMonkey’s enterprise services has accelerated staffing needs in all corporate functions, executives said, spurring a hunt for space that started in early 2014. Read the whole article here >
The Silicon Valley Business Journal followed up the story with an analysis on the significance of the SurveyMonkey deal for land-use politics in Palo Alto and other Peninsula towns.
When Palo Alto officials started discussions about a citywide office cap last year, several companies objected. One of them was SurveyMonkey, which — along with fellow downtown tech tenant Palantir — presented the city council with a study of its employees’ economic benefits to surrounding businesses.
It’s still unclear what the city will or won’t do to restrict office growth. But SurveyMonkey isn’t waiting around to find out. It’s moving to San Mateo’s Bay Meadows, where there’s plenty of office capacity ready to go, and taking its 400-plus workers with it. Read the whole article here >
Conveniently located between San Francisco and Palo Alto in San Mateo, Bay Meadows offers new homes for sale and for rent within walking distance of Caltrain. Ease of transportation is only one of the many amazing aspects of Bay Meadows. Beautiful, new, clean homes sit among 18-acres of parks, a community garden, and within walking distance of Whole Foods, Chipotle, Crunch Fitness and more. Learn more about our ‘hood by following our Facebook page.