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Caps Off

Office development in Redwood City is booming but—like San Francisco—the city is about to max out its mandated cap on new office space. Unlike San Francisco, however, Redwood City may have a little wiggle room for new developers attracted by its proximity to Caltrain and an influx of new housing. Redwood City's office cap was put in place by a city plan that restarts discussions with the city council on new development once the cap is met. [SF Business Times]