Jefferson UHSD—Serramonte Del Rey Neighborhood
QUICK FACTS
LOCATION: Serramonte, Daly City, CA
OWNER: Jefferson Union High School District
DESIGN ARCHITECT: Seidel Architects
FUNDING: Voter-Approved Bond Funds and Loans
PRESS
Serramonte Del Rey
Jefferson Union High School District
Rivercrest Partners led the design and entitlements of the Serramonte Del Rey Neighborhood, which was approved by the Daly City City Council in 2024 and will provide more than 1,100 much-needed new housing units in the San Francisco Peninsula. The project will provide 150 low- and very-low income units, and more than 900 market rate and moderate income units. It will also include neighborhood-serving retail, a Head Start preschool facility, and almost two acres of publicly accessible parks, open space, and recreation trail.
The project will redevelop underutilized land owned by the Jefferson Union High School District into an asset generating a long-term revenue stream for the District’s General Fund. The 22-acre former high school at the Serramonte Del Rey campus will be transformed into the newly reimagined walkable and bikeable Serramonte Del Rey Neighborhood. The project integrates the existing 122 units of faculty and staff housing for JUHSD employees into the mixed-use neighborhood.
The entitlement effort led by Rivercrest Partners includes a new Precise Plan with objective neighborhood design standards, a General Plan Amendment, Development Agreement with the City of Daly City, Affordable Housing Agreement, and certification of the project’s Environmental Impact Report.
The Principals of Rivercrest Partners have been Strategic Advisors to the Jefferson Union High School District (JUHSD) since 2017 and continue to advise the School District on a variety of real estate and development matters.
Key Features
1,100+ market-rate residential units approved in 2024
Substantial long-term ground lease payments over 99-year term. Diversified revenue stream independent of enrollment-based funding.
Exceeds Daly City’s 10% BMR requirement, adds community-serving retail, parks, childcare, and trail infrastructure near transit.
