Under Construction

Residence Inn by Marriott Silicon Valley

  • 204-rooms
  • Strategic location in the San Francisco Bay Area
  • 4 story hotel

R.D. Olson Development is pleased to announce the construction of the 204-room Residence Inn Hotel in San Carlos, California, a strategic location in the San Francisco Bay Area.  The building will be located on 3.92 acres and will be four stories of wood frame, slab on grade construction with surface parking.  The site is located immediately adjacent to the 101 freeway, providing excellent access and visibility.  With the headquarters for Oracle Corporation less than a mile and a half away, the project is situated in the Silicon Valley market, the world leader in high tech investment, companies, and talent, and is projected to start construction in early 2016.

Silicon Valley Market Demand Generators

High Tech is the main driver for growth in the Silicon Valley market.  Below is a summary of the companies and institutions that will drive lodging demand to the Residence Inn:

  • Palo Alto Medical Foundation’s San Carlos Center (0.2 mi)
  • Oracle (1.2 mi)
  • Stanford Medicine Campus (3.3 mi)
  • Salesforce (3.6 mi)
  • Facebook (5.9 mi)
  • Stanford University  (6.7 mi)
  • Hewlett Packard (8.9 mi)
  • SFO Airport (9.4 mi)
  • Google (10.6 mi)
  • San Jose Airport (19.6 mi)