High Street Residential Breaks Ground on Housing Project

The developers are constructing a two-building apartment complex in Redwood City near the Caltrain station.

Updated on Oct. 21, 2026 in Construction

High Street Residential Breaks Ground on Housing Project

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High Street Residential and Barings have officially broken ground on a new two-building housing development in Redwood City. The project will bring over 500 new residential units to the city, located between El Camino Real and the local Caltrain tracks.

Why it matters

This development increases the housing supply in the area by incorporating over 500 units ranging from studio to three-bedroom floor plans. Its proximity to the Caltrain station aims to improve commuter access for future residents.

The development includes 252 units at 1555 El Camino Real, which also features 5,277 square feet of ground-floor retail space, and 249 units at 113 Beech Street. The project covers a combined total of more than 500 housing units.

The players

High Street Residential

High Street Residential is a residential developer and an operating company of Trammell Crow Company that focuses on urban infill projects.

Barings

Barings is a global investment management firm that provides diverse financial services and is involved in real estate development partnerships.

The details

The buildings utilize podium designs broken into various massing forms to occupy the space between El Camino Real and the nearby transit corridor. Residents will have access to amenities including rooftop decks, lounges, clubrooms, pools, spas, parking, and dedicated coworking spaces.

The groundbreaking for the two-building development site occurred in October 2026.

Market Landscape

This project aligns with the transit-oriented development trends observed by the California Department of Housing and Community Development. By situating high-density housing near rail lines, the developers are capitalizing on the shift toward more accessible urban living.

Future residents will benefit from direct access to the Redwood City Caltrain station, facilitating easier commutes for those working in the region. The addition of ground-floor retail space at the El Camino Real site may also provide new commercial services for the neighborhood.

The takeaway

The addition of 500 units marks a significant increase in the local housing inventory for Redwood City. Prospective renters should keep an eye on project timelines for information regarding the availability of affordable units within the complex.