California Tech Headquarters To Be Demolished for 225-Home Housing Project

The Bay Area in Northern California, known for its pioneering technology industry centered in Silicon Valley, will be saying goodbye to a 22-acre office park that held the GoPro Inc. headquarters.

On Wednesday, Harvest Properties and Stockbridge bought the six office buildings with plans to replace them with 225 townhomes and single-family homes. Of the new homes, 15% will be reserved for low-income households, according to the San Francisco Chronicle.

The property changed hands for $102 million, according to reports, marking a major play in San Mateo’s evolving real estate landscape. Spanning 22 acres at 3000–3155 Clearview Way, the site is home to six office buildings, structured and surface parking, and a partial lease with GoPro. Originally built in 1973, the hilltop campus once housed Visa International’s headquarters before GoPro took over in 2011.

GoPro Inc. sells portable, easy-to-use, waterproof cameras designed to capture high-quality photos and videos in unpredictable environments, often featuring fast-action scenes.

What makes this redevelopment especially striking is that, instead of squeezing in another midrise apartment complex, the developer plans to bring low-density living back to the area, with townhomes and single-family homes.

Those options are not only more affordable to build, they’re also exactly what many Bay Area buyers are looking for, according to the San Francisco Chronicle. And with multifamily projects stalling under the weight of construction costs and high interest rates, this pivot offers a rare path forward.

GoPro is expected to lease the office building in San Mateo through 2026. The developers' plans to turn the headquarters into housing will not interfere with the neighborhood housing dynamics.

“We selected this site because our proposed housing plan will integrate seamlessly into the existing neighborhood,” says Tyler Issadore, senior director at Harvest Properties.

“This is one of the most difficult housing types to replicate due to the significant land requirements. Projects like this are rare, but they’re essential to expanding the for-sale housing supply and creating opportunities for current and future San Mateans.”

San Mateo County was named the third-best county to live in California, according to Niche, a ranking and review site. The neighborhood was praised for its renowned education system, family-oriented atmosphere, and diverse community. It blends neighborhoods, vibrant parks, and abundant shopping with a strong business presence that anchors employment on the Peninsula.

Its rich heritage—most notably tied to A.P. Giannini, founder of the Bank of Italy and later Bank of America—adds depth to a lively downtown filled with restaurants, retail, and entertainment. Outdoor enthusiasts can explore destinations such as Coyote Point and Central Park, which offer everything from water sports and nature walks to picnics, playgrounds, and community events.

A push for affordability

However, San Mateo scored poorly when it came to housing and affordability. As of July 2025, San Mateo had a median list price of nearly $1.5 million, with less than 1,000 active listings and roughly 500 new listings, according to Realtor.com® data.

“The whole country is becoming more unaffordable,” Amie Fishman, executive director of the Non-Profit Housing Association of Northern California, said in a July 2025 press release. The San Francisco-based group advocates for affordable housing in the Bay Area and is a local partner of the national coalition behind the report.

“We are definitely seeing that the economy is not a rising tide,” she said, “and in light of the federal cuts that are happening to our communities, it’s going to be even more urgent that we all come together to fight for what communities need.”