The amount of development in Foster City is expected to increase over the next several years as older properties are redeveloped and the few remaining vacant sites are developed.

The Pilgrim-Triton Master Plan that was approved in 2008 will, in phases, demolish about 296,000 sq. ft. of existing buildings on a 20-acre site and construct 296,000 sq. ft. of new office/commercial space and up to 730 housing units.  The first phase of that project, The Plaza Apartments, consisting of 300 apartment units and 10,000 square feet of commercial, was completed last year.  The next phase of the project, called One Hundred Grand, which includes 166 units and 6,000 square feet of ground floor commercial, is almost completed and will open later this year.  The third phase of the project, The Triton, which will have 240 units and 5,000 square feet of commercial, will currently under construction.

The Triton is currently under construction and proffers an additional 5,000 square feet of ground floor retail, 240 apartment and townhome residential units, and up to 53,000 square feet of office/commercial space.

Foster Square is an approximately 15 acre parcel located adjacent to the Civic Center. It is bounded by Shell Boulevard to the west, Civic Center Drive to the north, Foster City Boulevard to the east, and Balclutha Drive to the south. The New Home Company is the master developer for the project that will be composed of 200 for-sale condominiums, 155 assisted and independent living units, and 66 for-rent affordable housing units. All residential units will be reserved for age-qualified seniors. The project will also include approximately 32,000 square feet of ground floor retail, public gathering spaces, and pedestrian paseos.

The City Council, in December 2013, approved a Master Plan for a mixed-use senior residential and retail project on the City-owned 15-acre site adjacent to the Government Center. The project, which will be developed in phases, will include over 400 residential units dedicated to senior citizens consisting of for-sale residential dwelling units, independent & assisted living units, and affordable housing units. Nearly 30,000 square feet of retail is also expected to be constructed on the site.  The first phase of the project consisting of the 66 affordable apartments, 155 assisted living units and approximately 104 condominium units are anticipated to start construction in December 2014.

In addition to these exciting projects, there are several other developments underway.  In September 2013, an application was approved for a 120 room hotel on the site formerly occupied by the Black Angus Restaurant.  Gilead is experiencing tremendous growth and is constructing a new lab building,  office building and two parking garages.  In 2013 the City approved the Chess-Hatch Office Project that would demolish about 190,000 sq. ft. of office/warehouse and replace it with up to 800,000 sq. ft. of offices.

One Hundred Grand (a part of the Pilgrim-Triton Master Plan) located on approximately five acres at the corner of Foster City and East Hillsdale Boulevards is almost completed and will be open by summer, 2016. One Hundred Grand will include 12,000 square feet of retail along with 166 multifamily apartment units and 43,000 square feet of office/commercial space, along with a retail pad on Foster City Boulevard that will accommodate 6,000 square feet of retail.

TownePlace Suites is a 121-room extended stay hotel. The 1.69-acre project site is located at 1299 Chess Drive in the Vintage Park neighborhood and the site of the former Black Angus site. The proposed hotel building will be 69,715 square feet in size and five stories tall.

Foster City Center offers two brand new, state-of-the-art Class “A” office towers, totaling 600,000 square feet. With commanding identity and exposure, the two towers provide an outstanding branding opportunity. Views from the project span from San Francisco to San Jose and to the coastal range and east bay hills.

The Plaza is a new mixed use residential community with 307 luxury apartments and 8,100 square feet of ground floor retail located less than half a mile from the Foster City Boulevard exit off Highway 92 and less than a mile from the retail portion of Metro Center. The complex which opened in 2013 is the first phase of the Triton-Pilgrim master plan development that could include up to 730 residential units and 296,000 square feet of commercial space. The Plaza opens onto a large lawn and plaza area with a play structure and picnic tables, and includes structured parking as well as  curbside parking fronting the retail spaces. The development opened in the summer of 2013.  The One Hundred Grand development  across Triton Drive is the next phase of the Triton-Pilgrim master plan and will be completed soon.