Catalyst Labs will not only improve the neighborhood streetscapes and lend itself to pedestrian walkability and bikeability, it will also daylight the Belmont Creek and feature publicly accessible open spaces, creating an urban oasis for the entire community to enjoy.
Catalyst Labs will result in an unprecedented $5 Million toward the City of Belmont's affordable housing fund.
Catalyst Labs is located directly on the CalTrain line. The Belmont Station is a short walk, in keeping with the transit-oriented vision of the City-approved Belmont Village Specific Plan.
Catalyst Labs will increase the local property taxes from $70k to $7+ Million annually; $9.4 Million will be paid directly to the City of Belmont toward housing, transportation & park improvements.