DA Request – 800 Dubuque Ave
August 27, 2025
City Council
Entitled IQHQ Project at 800 Dubuque – July 2023
2 IQHQ Phased Campus Concept
3 Background / DA Request
Approved Project
• Three (3) Buildings on 6 acres
• Life Science / R&D
• 857,000 SF
• Entitled in July 2023 by Council
Development Agreement Request
• Extend entitlements 10 years from
DA effective date
• Pre-payment of Community
Benefit Fee obligations
• Option to withdraw project at
Year 5 – fees paid non-refundable
Background / DA Request
5 Background / DA Request
6 Total Community Benefit Fee Due ~$12,000,000
Minus Direct Contributions Plazas / electrification ($7,877,500) 1 ($1,000,000) st Pre-Payment 2026
2 ($1,000,000) nd Pre-Payment 2028
Total Remaining Contribution $2,122,500
3 50% of remaining ($1,061,250) rd Pre-Payment 2030
Total Remaining at Permit Issue $1,061,250
Park, Housing, Safety and other Impact Fees due at permit issuance Challenging Market Conditions
• Demand slowdown
• New space coming online
(IQHQ, Kilroy, HPP, Southline)
• 25% vacancy rate in Bay Area
• Stingy venture capital
• Construction costs and tariffs
• Federal funding pullback
Why isn’t this project under construction yet?
7 Recommendation
Findings:
• No project changes and CEQA implications with this application • SSF needs time to absorb existing R&D entitled space
• Preserving these entitlements preserves future impact fee obligations • Planning Commission recommended approval at 7/17/25 hearing • Staff recommends support of the ordinance waiving 1st reading and approving the Development Agreement with IQHQ for 800 Dubuque Staff Recommendation
9 Title of the Presentation
City of South San Francisco
THANK YOU
FOR JOINING US TODAY
Justine Nielsen, IQHQ SVP Development available for questions