Morning Menlo Park! We've got the scoop on the latest happenings in town. Read on to get looped in. βοΈ
In today's newsletter:
Also on today's calendar: Sydell Lewis and Asia Morgenthaler and 7 more events.
Today's riddle: What do you get when you cross an angry cow with an angry sheep? π€ (Answer below!)
β’ New wave of buyers heads to Peninsula β some paying $10M just for 'dirt' (almanacnews.com) β Menlo Park buyers are facing fierce competition, with 37 new listings in July and many priced between $3 million and $5 million or higher as AI-fueled wealth pours into the Midpeninsula. Realtors report multiple offers, soaring price-per-square-foot, and strong demand for turnkey homes and larger lots, while higher mortgage rates squeeze non-luxury buyers and discourage longtime owners from selling.
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β’ Stanford pitches ambitious new plan for campus growth (almanacnews.com) β Stanford University is proposing a massive 20βyear expansion of academic space and housing that could reshape traffic and housing pressures for nearby communities like Menlo Park. The plan adds thousands of student beds, hundreds of workforce units near El Camino, and new traffic-monitoring measures, and now heads to Santa Clara County officials for intensive public review.
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Ok Menlo Park! So now you're in the loop about what's happening today. Thanks for reading, and see you in your inbox next time! Oh -- and if you like what you're reading, invite a friend to Patch AM!
-- The Patch AM Team
P.S. The answer to today's riddle: An animal that's in a baaaaad mooood! (Thank you Lisa A. for sending it in!)
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